TOKYO -- Japanese trading house Itochu will build a far-flung supply chain for reduced iron, a steel feedstock with a relatively small carbon footprint, linking Brazil, the United Arab Emirates and Japan amid a push by the steel industry to slash carbon emissions.
Commodities
Japan's Itochu to build low-carbon iron supply chain with Brazil, UAE
Steel industry bets on manufacturing method using reduced iron to cut emissions
A new plant in the United Arab Emirates will process high-grade Brazilian iron ore into reduced iron and send it to Japan. (Emirates Steel)
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