With the experience and economic value of the steel supply chain, the industry can significantly contribute to the development of sustainable markets around the world, and carbon capture technology can play a vital role in reducing emissions.
The steel industry is facing increasing pressure to reduce its carbon footprint globally as iron and steel production processes are both energy and carbon-intensive. The steel industry itself accounts for 7% (2.6 gigatonnes Gt) of carbon dioxide (CO2) emissions per year and 8% of global energy demand.
Carbon dioxide emissions from iron and steel production are estimated at 3 Gt per year, which is about 9% of global energy-related CO 2 emissions. Various companies are working on carbon capture technology, which helps in producing low-carbon capture emissions. Dastur Energy is a next-generation Energy Engineering company for clean and sustainable energy solutions to ensure affordable access to energy to everyone. You can also know about the carbon capture steel industry at https://www.dasturenergy.com/iron-steel/ online through the web.
It is the second-largest consumer of industrial energy, consuming about 616 Mtoe. Steel production from scrap metal can be beneficial in reducing energy consumption and CO2 emissions, as it is significantly less energy-intensive than primary production from iron ore. Achieving this level of scrap-based production can be facilitated by an increase in the availability of scrap as steel produced in recent decades approaches the end of its life cycle.
The carbon capture process is very challenging in steel production. Several solutions are possible to bring steel to net zero. Dastur Energy is helping steel producers transition to low-carbon emissions steel through viable mega-scale solutions across the entire steel production value chain.