Hydrogen to drive decarbonisation in India's steel sector
market hours1 source ↓written by the desknot a recommendation
India's steel sector is set to adopt hydrogen as a key alternative to natural gas, according to Union Steel Secretary Sandeep Poundrik. This shift, anticipated within the next 5-10 years, aims to enhance global competitiveness and support decarbonisation efforts. Significant investment opportunities are expected in sectors like defence, automotive, and power.
The transition to a 'DRI plus Hydrogen' route could revolutionize green steel production, aligning with sustainability goals.
Not investment advice. For informational purposes only.