Benchmarking Steel Industry's GHG Emissions
Iron and steel manufacturing is one of the most energy-intensive industries worldwide. In addition, use of coal as the primary fuel for iron and steel production means that iron and steel production has among the highest GHG emissions of any industry. According to the International Energy Agency, the iron and steel industry accounts for the largest share – over 25 percent – of CO2 emissions from the global manufacturing sector. China is the largest steel producing country producing around half of the steel in the world. The United States is the fourth largest steel producing country, produced around 82 million tonne of crude steel in 2017.
Global Efficiency Intelligence, LLC is conducting a benchmarking study to analysis energy intensity and CO2 emissions intensity of all major steel producing countries. In addition to industry-level analysis, we will conduct benchmarking analysis for two main steel production routes, i.e. primary steelmaking by blast furnace-Basic oxygen furnace (BF-BOF) and secondary steelmaking by electric arc furnace (EAF) in different countries.