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ORGANIZER;CN='8th ECIC & 9th ICSTI 2022':MAILTO:info@ecic-icsti.com
LOCATION:Room „Borgward“
SUMMARY:Leaving Carbon Behind - A Long Bumpy Road Ahead!
DESCRIPTION:Steel is an invaluable material for many sectors. However, in the context of the climate crisis, the sector has come under increased scrutiny due to its reliance on carbon-intensive fossil fuels, primarily coal. Steel production accounts for around 9% of total global carbon emissions, and its hunger for coal continues to drive excavation. In recent years, governments across the world have been looking for ways to meet the goals of the 2015 Paris Climate Agreement, and as such, the political pressure on the sector to decarbonize is also mounting.  But it is not only the governments putting the pressure on. Increasing financial pressures like the price of carbon and the rise in the popularity and credibility of Environmental, Social and Governance scores amongst a more environmentally conscious generation of investors looking to put their money where their morals are.
According to several leading organizations the sectors transformation will see a phased approach.

Short term, the existing integrated mills will implement major de-carbonization measures, reduce the specific fossil consumption, improve energy efficiency and implement a circular economy. 

In the mid-term fuel switching and electrification of processes will play a significant role. In this phase we might see two major trends, the implementation of EAFs into integrated mills (hybrid mills) with highest charge mix flexibility and new DR-based minimills. Since scrap supply will remain an undersupply alternative virgin feed from iron ore will remain important. 

Due to the availability limitation of high-grade iron ore, DR plants will have to utilize also lower grade ores, which has an impact on the steelmaking operation. Primetals Technologies is addressing this challenge and has been developing the hydrogen-based fine ore reduction HYFOR pilot project in Austria. What separates HYFOR from its green steel peers, is what 
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