India’s Steel Ministry has unveiled a new framework for defining “green steel,” introducing three categories based on carbon emissions during production.
According to the guidelines, steel with carbon dioxide emissions below 2.2 tonnes per tonne of the finished product will be classified as “green steel”, reported Reuters based on a ministry presentation released in News Delhi.
They added that steel produced with emissions below 1.6 tonnes per tonne of alloy would be classified as “five-star green-rated steel,” the cleanest of the three. This threshold is limited to defining the categories that will be reviewed every three years, according to a government handout.
India, the second-largest steel producer globally after China, is developing a green steel policy to decarbonize the production and procurement of this essential construction material amid a wider push towards cutting down greenhouse gas emissions.
According to research, A source from a major Indian steel mill stated that carbon emissions in the blast furnace-basic oxygen furnace route range between 2.2 mt and 2.7 mt per metric ton of steel produced, depending on the amount of scrap used.
Prime Minister Narendra Modi has set 2070 as the target for achieving net zero emissions. The country is also considering sanctioning green steel for government projects, according to what Sandeep Poundrik, the steel secretary, said at an event.