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03 Jan
13:04

Steel, shipping need to collaborate on decarbonisation: Lloyds/UMAS

International shipping could save 776 million tonnes of cumulative CO2 emissions between 2024 and 2050 by progressively adopting hot rolled steel with lower embodied carbon, according to analysis from Lloyd’s Register Maritime Decarbonisation Hub and UMAS. Shipping has a dual role to play in the steel sector’s low-emissions transition – as a buyer of green steel for shipbuilding, containers and infrastructure, and as a supplier of steel scrap fro…
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