Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
A fresh assessment of 18 major steelmakers operating across 29 countries shows the global steel industry is still far from a meaningful green transition. The review found that none of the companies assessed is currently ready to shift to near-zero-emissions steel production, underlining the gap between climate pledges and real-world action.
The findings highlight that coal dependence continues to dominate steelmaking, while progress in scaling cleaner technologies such as green iron, renewable-powered production, and low-emission processes remains limited. The report adds to growing concern around decarbonisation in one of the world’s most carbon-intensive industries.
For the steel sector, the message is clear: long-term net-zero commitments alone are not enough. Producers will need faster investment in cleaner energy, low-carbon process upgrades, and commercially viable green steel pathways to meet future regulatory, export, and sustainability pressures. The report also comes as India pushes to reduce steel-sector emissions while expanding capacity, showing the balancing act facing major producing nations.
Also Read : Tata Steel, JSW Steel Slip Up to 3% After 104% US Tariff News AMNS India Sets Ambitious Goal: 70% Green Steel by 2027
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