Can MENA Capture A Share Of The Green Steel Market? ...Middle East

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Can MENA Capture A Share Of The Green Steel Market?
source : OILPRICE ( Middle East ) () 14
As the global industrial sector seeks to shrink its carbon footprint, a number of MENA countries are investing in green steel production to capture market share and help meet emissions targets.   Despite generating 20% of global greenhouse gas emissions, industry has been slow in adopting carbon-efficient manufacturing technologies. Steel is the manufacturing segment with the largest emissions, accounting for 7% of global emissions annually due in part to a reliance on coal to heat smelting furnaces. The world produced nearly 2bn tonnes…

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