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Decarbonisation|Green Steel|Steel|World Steel Association
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decarbonisation|green-steel|steel|world-steel-association

GREEN DEFERRED

GREEN DEFERRED: The World Steel Association has warned that about half of the world's planned green-steel projects have been delayed, while governments have committed just $20-billion of the $1.5-trillion needed to decarbonise the sector. It added that the current global project pipeline is set to deliver only about 70-million metric tons of green steel yearly by the end of the decade, a fraction of the roughly two-billion tons of total steel production forecast for the same date. Photograph: Bloomberg

Photo by Bloomberg

3rd July 2026

     

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The World Steel Association has warned that about half of the world's planned green-steel projects have been delayed, while governments have committed just $20-billion of the $1.5-trillion needed to decarbonise the sector. It added that the current global project pipeline is set to deliver only about 70-million metric tons of green steel yearly by the end of the decade, a fraction of the roughly two-billion tons of total steel production forecast for the same date. Photograph: Bloomberg

Edited by Creamer Media Reporter

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