Green hydrogen could transform India’s steel industry by 2030

Green hydrogen steel cost projections compared with coal-based steel in India from 2005 to 2050

Green hydrogen could help transform India’s steel industry over the next decade, with new analysis suggesting hydrogen-based steelmaking may reach cost parity with conventional coal-based production by 2030. Green hydrogen could become a turning point for India’s steel industry as the country prepares its next wave of capacity expansion. The analysis finds that hydrogen-based direct reduced iron and electric arc […]

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