In order to make a better world, in the press release of the president of UNESID, Bernardo Velázquez committed to climate neutrality before 2050. The goal that Spain has set is produce steel with zero net emissions. The steel industry aims to change the current energy structure. 

 

The progress of the steel industry so far

The challenge of the steel industry is not something new, progress had already been made before. It should be remembered that there has been a 75% decrease in CO2 emissions (carbon dioxide) per ton of steel for the consumption of water consumed and poured into the processes; as has also decreased by more than 95% and approximately 100% recycling of waste and byproducts. Thanks to these evolutions the goal of producing steel with zero net CO2 emissions is technologically possible.

The steel industry needs to have 100% carbon-neutral and competitive electricity generation for its production both in electric furnaces and in plants integral to the process. Other options are being worked on including the use of green hydrogen, biomass and renewable electricity.

The European steel industry produces 7% of European greenhouse gas emissions, in Spain it is reduced to 4%, a good figure for these times.

In 2018, 66% of steel production in Spain was done in electric furnaces, as we already mentioned in the previous blog on steel production.

Did you know that Spain is the leading country in recycling with 10,2 million tons of steel recycled? This represents 71% of the total national steel production. A total of 700 tons are recycled every minute. TAll steel products can be recycled: the steel from a car, for example, can be used to make an appliance, a bicycle or a can. Steel recycling is complete. Likewise, the water used in the creation of the metal can be recycled; What good news right? 

If you are interested in knowing more curiosities about steel and the sector, we invite you to consult our previous blog articles.

steel recycling

 

The brakes on the objective

The steel industry wants help from all companies because they cannot do it alone. They ask that public administrations take up the challenge, although the treatment of producers is unequal depending on geolocation, and they also ask for a stop to this so that affordable prices can be established in terms of electricity production equally for all.

Several Obstacles to achieving the goal of reaching 2050 without producing emissions in the steel sector. First, it is the cost of CO2 that countries should not assume, and the second is that electrical energy has a high cost. Green electrification first involves renewable energy at a competitive price, so that business margins are not reduced and have an impact on investments. 

Do you think it will be achieved? Let's hope so!