News » A Green Deal on Steel video series - episode 4
A Green Deal on Steel video series - episode 4
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This is the fourth episode in EUROFER's Green Deal on Steel series: Smart Carbon Usage.
On average, for every tonne of steel made, up to 2 tonnes of CO2 is generated. This means there is a huge potential to make use of this emissions source.
Smart Carbon Usage is a pathway to create value from what is, at the moment, an unused product. This can be achieved by either reintegrating carbon monoxide or dioxide back into the production process, as in the HISARNA, IGAR, PEM or STEPWISE projects.
Or it can be through the use of carbon monoxide or dioxide as a raw material for the creation of other products, such as chemicals. This approach is being used in such projects as Steelanol, Carbon2Chem, FReSMe, Everest and Carbon2Value.
These projects are happening all over Europe. Some are at advanced states of technical readiness – others require further research – but each could deliver significant emissions savings.
A milestone occasion to quickly and effectively restore affordable electricity, to relaunch the
decarbonization and strengthen the international competitiveness of the European steel
industry.
Brussels, 02 December 2025 – Unchanged negative conditions – U.S. tariffs and trade disruptions, economic and geopolitical tensions, protracted weak demand and still high energy prices – continue to weigh on the European steel market. EUROFER’s latest Economic and Steel Market Outlook confirms for 2025 another recession in both apparent steel consumption (-0.2%, unchanged) and steel-using sectors (-0.5%, revised from -0.7%). A potential recovery is expected only in 2026 for the Steel Weighted Industrial Production index (SWIP) (+1.8%, stable) and for apparent steel consumption (+3%, slightly revised from +3.1%) – although consumption volumes would still remain well below pre-pandemic levels. Steel imports retained historically high shares (27%), while exports plummeted (-9%) in the first eight months of 2025.
Fourth quarter 2025 report. Data up to, and including, second quarter 2025