15
Sep
14:26
Steel comprises 75% energy transition material requirement: ETC
Cumulative steel demand for the energy transition between 2022 and 2050 will be almost 5 billion tonnes, accounting for 75% of total material requirement. This compares to 8 billion of annual global coal demand today, the Energy Transitions Commission (ETC) points out in a new report seen by Kallanish.
The average annual steel requirement of 170 million tonnes would still account for less than 10% of today’s global steel production of about 1.9 billion t/yea…
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Anonymous
Very good overview of the weekly steel market.
Anonymous