India is preparing to unveil a comprehensive formula for “green steel” by mid-December, aiming to revolutionize its steel industry while addressing global climate challenges. Green steel, produced through environmentally friendly methods, significantly reduces greenhouse gas emissions compared to conventional production, which contributes to about 7-9% of global emissions.
The formula is expected to define criteria for green steel production, including the use of renewable energy, hydrogen as a reducing agent, and advanced carbon capture and storage technologies. Recycling and biomass-based production methods are also being integrated into the strategy. These initiatives align with India’s National Green Hydrogen Mission and its commitment to sustainable industrial practices
Moreover, India’s first major green steel facility is under development, leveraging green hydrogen and innovative techniques to cut emissions drastically. This facility symbolizes India’s growing commitment to decarbonization and positioning itself as a leader in green energy transitions
These efforts also reflect India’s intent to stay competitive amid global shifts, such as the EU’s carbon border tax, encouraging industries to adopt low-emission technologies. The announcement will provide clarity for stakeholders and boost investment in sustainable steel production