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Japan steelmakers lay out road map for a hydrogen-electric future

Decarbonizing the industry expected to cost more than $70bn

The Course50 blast furnace replaces some of the coal with hydrogen to reduce carbon emission in steelmaking. (Photo by Shuhei Ochiai)

TOKYO -- Leading Japanese steelmakers have unveiled a detailed timeline through fiscal 2030 for developing technology that can make high-quality steel using hydrogen and electric furnaces that do not emit massive amounts of carbon.

Decarbonizing Japan's steelmaking is expected to cost 10 trillion yen ($72 billion). With the technological race with China heating up, the government will face pressure to expand financial support.

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