India’s steel sector could make or break a key global decarbonisation objective, according to a non-profit that tracks energy infrastructure.
While China still dominates in terms of operating capacity, India is the most polluting steelmaker and has the largest pipeline, with more than 350 million tons per year at various stages of development. Much of the upcoming furnaces will be fed by coal, as the country still lacks the scrap feedstock used in cleaner production methods.
“India is now the bellwether of global steel decarbonisation,” Astrid…