Green Hydrogen to Replace Fossil Fuels in India's Steel Industry: Key Technologies & Trends [Yahoo! Finance]
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Source: Yahoo! Finance
on Hydrogen Production, Storage and Distribution and Technologies to be Integrated in current DRI process" report has been added to ResearchAndMarkets.com's offering. India's steel sector is transitioning toward low-carbon direct reduced iron (DRI) production methods, propelled by decarbonization imperatives, government mandates, and increasing emphasis on green hydrogen. By 2025, several pilot initiatives and early commercial-scale projects are expected to employ hydrogen blends in conventional gas-based DRI processes, while forging the groundwork for full-hydrogen DRI routes. Simultaneously, expansions in green hydrogen production, storage, and transport infrastructure will reduce dependence on fossil-based reductants (i.e., natural gas or coal), aligning the Indian steel industry with emerging global decarbonization standards. Over the longer term (2025-2034), India aims to scale domestic hydrogen production - predominantly from renewable energy - for large steelmaking clusters
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- ArcelorMittal expands its portfolio of renewable energy projectsGlobeNewswire
- ArcelorMittal announces its financial calendar for 2026GlobeNewswire
- Economic Outlook 2026 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Carney cranks up steel import restrictions, relief on inter-Canada shipping rates [Yahoo! Finance Canada]Yahoo! Finance Canada
- ArcelorMittal (NYSE:MT) had its "buy" rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft.MarketBeat
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- MT's page on the SEC website