SteelWatch

Nippon Steel: Advancing climate policy disclosure and decarbonisation efforts | Climate Action 100+ Nippon Steel, the fourth largest steel producer in the world1, has improved its climate policy engagement disclosures and announced additional investment in electric arc furnaces (EAFs) in 2025.

Climate Action 100+, a climate investor-led initiative, recognised Nippon Steel's progress in terms of disclosures & announced additional investment in EAFs in 2025. They also pointed out a few areas to continue engagement to strengthen the company’s #climate transition strategy👇
#GreenSteel #Coal

Decarbonizing Steel (Part 1: Japan): Remaining Challenges for Mass Balance Products | Column | Renewable Energy Institute This column outlines the current progress of low-carbon steel initiatives in Japan and worldwide, emphasizing the key factors for advancing production that meaningfully supports decarbonization, foste...

💡 Japan’s leading energy think-tank, Renewable Energy Institute (REI)’s latest commentary on Japan Iron and Steel Federation (JISF)’s so-called “mass balance” accounting scheme outlines the main challenges of this scheme, which doesn't result in cleaning up the actual steel production processes 👇

📘A new Institute for Energy Economics and Financial Analysis (IEEFA) report explores Oman’s potential for advancing in the green iron and steel transition.

Read the report here: bit.ly/48w0TK2

#GreenSteel #GreenHydrogen #GreenIron #SteelDecarbonisation #ClimateAction

Chinese and European industry groups to decide on… Steel is one of the world’s most traded commodities, with roughly one-third of the global supply crossing borders. That makes

The tools are emerging. Now it’s time to use them.

Read the article below.

#SteelDecarbonisation #GreenSteel #COP30

But alignment alone won’t deliver low-emission steel. We cheer on the technical folk doing the wizardry for interoperability, but meanwhile, we urge steelmakers to get on with applying these standards & investing in tech that will secure them the highest grades & lowest emissions for their steel.

"It is a positive step forward that the decarbonisation standards of these three organisations — one Chinese, one European, and one global — are aligning,” said Caroline Ashley, Executive Director of SteelWatch.

This is a welcome step toward clearer, more interoperable global frameworks.

As reported by Today Headline:
“Decarbonisation of steelmaking is hampered by lack of disclosure, inconsistent data, and a confusing array of standards."

Standards alignment is good news. Now steelmakers must act.

Chinese, European and global industry bodies have announced a new effort to align their steel decarbonisation standards.

SteelWatch Explainer: Why steelmaking drives climate change – and why it doesn’t have to be this way - SteelWatch What needs demystifying? Steel is strong, shiny and essential to modern life. It is at the heart of our infrastructure and our economy. It plays a key part in the ‘green transition’ to a more sustaina...

But it doesn’t have to be this way. The SteelWatch Explainer, “Why steelmaking drives climate change,” unpacks how iron production drives emissions, and how the industry can and must eliminate coal through cleaner pathways.

Read the SteelWatch Explainer 👇

Most steelmakers still rely on coal-based blast furnaces to produce iron, a process that emits 2.33 tonnes of CO2 for every tonne of steel produced. As a result, the steel industry is responsible for around 11% of global CO2 emissions.

🌍As we are in the last week of #COP30, which is being hailed as an implementation COP, it is clear that we are not on track to the 1.5C goal. It’s worth reminding ourselves that the steel industry is a significant contributor to climate change.

#SteelDecarbonisation #GreenSteel #ClimateAction

Measuring Transition: The Indian Steel Majors - Carbon Tracker Initiative Expansion plans, climate targets and trade exposure in India’s steel sector. This report examines how expansion plans by...

AM/NS India is the only one of the four with no net zero target, and the one with the biggest planned expansion of coal-based blast furnace production.
Read more 👇

#GreenSteel #SteelDecarbonisation #NipponSteel #ArcelorMittal

Embarrassing for ArcelorMittal & @nippon-steel.bsky.social 😳
Their AM/NS India joint venture got scored fourth out of four in Carbon Transition Analytics’ assessment of the transition planning of major steelmakers in India.

The report highlights that steel production, which is responsible for around 8% of GHG emissions, saw its emissions plateau in 2021. While this slowdown stems mainly from lower output, rather than cleaner production routes, it underscores a decisive moment for the sector to adapt & lead. Read more☝️

Achieving climate-neutral steel by 2050 How the steel sector can shift from coal-based to clean production

@agoraind.bsky.social's new policy brief, “Achieving climate-neutral steel by 2050,” comes at a pivotal moment in 2025, when policy, #GreenIron, and standards discussions are accelerating despite global geopolitical tensions.

#GreenSteel #COP30

Iron & steel producers, Meranti, Fortescue, Vale, Emsteel, Jindal, GravitHy, Stegra, & SSAB, have signed a Call to Action reaffirming their commitment to reach net-zero emissions by 2050, & to align near-term strategies with a 1.5C pathway.
Read the Call to Action👇
#GreenSteel #ClimateAction

While steelmaker, BlueScope, is calling for fossil gas-based DRI to replace coal-based production and urging an expansion of gas fields, IEEFA’s analysis shows clearly that fossil gas DRI is the wrong option for Australia, whether from a climate or competitiveness lens. Read more ☝️

Australia’s steel sector too focused on replacing one fossil fuel with another Australia will struggle to compete on cost with the Middle East on gas-based iron and steelmaking. Producing iron and steel using gas is emissions-intensive. Trying to reduce emissions with carbon cap...

‼️Australia risks locking itself out of a green steel future
A new Institute for Energy Economics and Financial Analysis (IEEFA) analysis warns Australian companies that doubling down on gas-based iron and steelmaking is the wrong path for the future.

#GreenSteel #GreenIron #SteelDecarbonisation

📢Methane is the steel sector’s silent climate risk & it’s no longer invisible. @unep.org's IMEO recently released the “An Eye on Methane: From measurement to momentum” report, highlighting a blind spot in global #SteelDecarbonisation: methane from metallurgical coal (#MetCoal). Read more👇

SteelWatch Explainer: Why steelmaking drives climate change – and why it doesn’t have to be this way - SteelWatch What needs demystifying? Steel is strong, shiny and essential to modern life. It is at the heart of our infrastructure and our economy. It plays a key part in the ‘green transition’ to a more sustainable future, essential for everything from wind turbines and solar panels to electric vehicles and green buildings.  But the way […]

View 👀 the explainer 👉 steelwatch.org/steel...

🎨Image art created by: Graham Ogilvie

#ClimateAction #GreenSteel #Coal #ClimateCrisis #GreenIron
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But it doesn’t have to be this way. The SteelWatch Explainer, “Why steelmaking drives climate change”, demystifies how steel is made, how iron production drives climate change, and highlights how the steel industry CAN and MUST rapidly transform production to eliminate coal.
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Steelmakers use coal-based blast furnaces to make iron, which results in massive emissions. The average tonne of steel made through this process results in 2.33 tonnes CO2 being emitted.


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The steel industry is a significant contributor to climate change – at least 11% of annual CO2 emissions can be attributed to the steel sector. But the problem isn’t steel but rather how it’s made 🤔

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To Become a Clean “Energy Superpower,” Canada Needs “Green” Steel and Iron | CCPA With the weight of the U.S. trade war challenging key export industries, Prime Minister Mark Carney and his ministers have set up camp in Washington, D.C., hoping to convince President Trump to reduce tariffs on imported Canadian steel, aluminum, lumber and automobiles. 

#SteelNewsWatch
Insightful @policyalternatives.ca article highlighting why Canada should not overlook the value of #GreenIron & #GreenSteel in national development & trade diversification plans. Read more: https://bit.ly/3JqRWYV
#SteelDecarbonisation

Assessing Net Zero 2025: Tracking Progress of 10 Japanese Companies | Climate Integrate ≫ Download Full Report（PDF・24 pages）

@nippon-steel.bsky.social's transparency & integrity is “low” & its emissions reduction goals only cover its operations in Japan despite its growing global expansion including the U.S. Steel acquisition, according to a new Climate Integrate (a Japanese think tank) assessment:

‼️ArcelorMittal: Climate, Nature, & Human Rights in Focus
@banktrack.bsky.social shared the 1st edition of the #ArcelorMittal Quarterly Risk briefing. It aims to give ArcelorMittal investors & financiers a holistic view of its global operations through a climate, nature & human rights lens. Read 👇

No fossil-free steel without sustainable power: banks must step up - Reclaim Finance By failing to support the development of sufficient sustainable power supply, banks are jeopardizing the decarbonization of the steel sector as a whole.

A new @reclaimfinance.org report highlights that banks still aren't financing sufficient sustainable power generation, that's essential for the high-emissions steel sector to cut its huge climate footprint. It’s time for banks to shift capital from fossil fuels to renewables. Read more👇
#GreenSteel

To backtrack now would send the wrong signal and not only undermine Europe’s credibility but also weaken the momentum of climate action globally.

Read our full commentary: bit.ly/4hjxzJD

#GreenSteel #SteelDecarbonisation #CBAM #ETS #ClimateAction

China added steelmaking to its own emerging carbon pricing system earlier this year. The EU is catalysing exactly the kind of global conversations that are needed for wider climate action.

However, some steelmakers are pushing the EU Commission to delay or “revise” these reforms.

The EU’s forthcoming Carbon Border Adjustment Mechanism (CBAM) is already having ripple effects around the world. From Istanbul to Seoul to Beijing, policymakers and companies are now discussing how to design carbon pricing systems of their own.