Steel industry keeps betting on metallurgical coal despite green steel push

Chart showing China’s steelmaking capacity by status and technology type, with operating capacity dominated by coal-based BOF technology

Coal-based blast furnace projects continue to outpace retirements globally, highlighting the steel sector’s ongoing dependence on metallurgical coal even as policymakers and producers accelerate efforts to develop lower-emissions steelmaking technologies. Global Energy Monitor reports that 319 mtpa of blast furnace capacity is under development, while less than 10% of the operating fleet has announced retirement plans. By 2035, net blast […]

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