Decarbonizing India’s Iron and Steel Sector report

October 10, 2022

The iron and steel sector is a hard-to-abate sector in terms of greenhouse gas emissions, but it is an equally critical contributor to the economic development of the country. India is the second largest producer of crude steel in the world and plans to almost triple its production by 2030. Under a business-as-usual scenario, the CO2  emissions from crude steel production are estimated to grow to almost 2.5 times by 2030. This report provides a detailed insight into the GHG emissions of the iron and steel sector and its future emission scenarios for 2030 -the report provides, based on available information, unit and company-wise data on emissions, which will help design the road ahead. The report suggests a roadmap for the sector, highlighting the pathways for GHG emissions reduction. The assessment clearly finds there are huge opportunities to bend the carbon dioxide curve for this emission intensive sector, but it will need planning, technology and adequate funds.

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