ArcelorMittal leads initiative on zero-carbon steel
One of the priorities of the ArcelorMittal group is to lead the steel industry globally on sustainability. This is reflected in the XCarb™ brand which brings together all ArcelorMittal’s reduced, low and zero-carbon products and steelmaking activities, as well as wider initiatives and green innovation projects, into a single effort focused on achieving
demonstrable progress towards carbon neutral steel and the net zero commitment by 2050.
Leveraging the relationship with its parent company, ArcelorMittal South Africa is exploring, in collaboration with various large industrial partners, research organisations, and business initiatives, opportunities relating to carbon capture and storage (CCS), blue and green hydrogen applications in directly reduced iron (DRI), production, and improved energy efficiency initiatives.
Saldanha Works has been identified in a study by the SA-EU Partnership and the CSIR (published in February 2021) as being ideally suited for green DRI production, with the Company’s integrated steelmaking sites being prime candidates for CCS technology.
Along with improving environmental compliance, ArcelorMittal South Africa will finalise its implementation roadmap for meaningful carbon reduction by the end of 2022. In South Africa, ArcelorMittal will need funding support for carbon neutrality initiatives along with an enabling environment to encourage cross-sector and industry collaboration.
