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Slides: Iron ore quality a potential headwind to Green steelmaking – Technology and mining options are available to hit net-zero steel targets

June 28, 2022

Soroush Basirat and Simon Nicholas

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An increasing number of steel companies are seeking to develop technology that uses 100% hydrogen in the DRI-EAF process – potentially zero-carbon green hydrogen produced via renewable energy-powered electrolysis – once this technology becomes cost competitive.

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Soroush Basirat

Soroush Basirat is an energy finance analyst with IEEFA Australia, examining the global steel sector with particular focus on green technology transition and the opportunities and barriers for different nations and companies.

Soroush analyses the feasibility of green steel solutions and their requirements for the whole value chain.

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Simon Nicholas

Simon Nicholas is IEEFA’s Lead Energy Finance Analyst for Bangladesh, Pakistan and the global steel sector as well as Asian seaborne thermal and coking coal markets.

Simon’s focus is on the energy transition, the long-term outlooks for coal and steel as well as the need for emerging nations to establish financially sustainable power systems to support their development.

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