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 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.