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.
Brussels, 1 October 2026 - The European Steel Association (EUROFER) has elected Geert Van Poelvoorde, Chairman of the Board of ArcelorMittal Europe Steel, as its new President. Taking office today, Mr Van Poelvoorde said stronger home markets across the steel value chain, secure access to export markets and a strong industrial base will be essential to delivering on the European Union’s ambitions for global competitiveness and strategic autonomy.
Brussels, 1 October 2026 - Europe’s steel market remains under significant pressure, with exports falling sharply, production at historic lows and demand expected to remain almost flat in 2026, according to the European Steel Association’s (EUROFER) latest Economic and Steel Market Outlook 2026-2027. EU steel exports to third countries fell by 20% in the first half of 2026, with declines across all major export destinations covered by the report. At the same time, crude steel production continued to falter, after reaching a historic low of 125.8 million tonnes in 2025, while apparent steel consumption is forecast to grow by just 0.1% in 2026, before increasing by 2.3% in 2027.
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