India stands as the world’s 2nd largest steel producer (150 MT in 2024) and consumer, yet our per capita consumption lags at 97.7 kg (vs. global avg. of 221.8 kg). The National Steel Policy 2017 aims to boost this to 160 kg by 2030 but how do we align growth with climate goals?
Key Insights:
Emission Intensity: India’s steel sector emits 2.54 Tonnes of CO2e/tcs, driven by coal reliance and low scrap use (21%).
Global Context: China dominates production (53% share), while nations like Turkey (85% scrap-based) lead in sustainable practices.
Climate Impact: Steel accounts for 12% of India’s total emissions and 8% globally. Decarbonization isn’t optional it’s urgent.
The Green Steel Revolution is Here!
India’s journey to NetZero demands innovation:
✅ Transitioning to scrap/electric furnace routes.
✅ Integrating renewables and green hydrogen.
✅ Adopting a robust Green Steel Taxonomy.
Join Conserve Consultants!
Ready to decarbonize your steel operations? Partner with us to navigate India’s Green Steel Mission (2025–2030) and unlock sustainable growth.
Contact Us to start your decarbonization journey!
Email: info@conserveconsultants.com | Call: +9190030 97071
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