27 June 2023
Western Australia’s Green Steel Opportunity Report
Western Australia has played a central role in the growth of the
global steel industry for over 60 years. Global demand for finished
steel products is expected to remain robust, albeit without the same
levels of compound growth experienced over the past 20 years.
However, steelmaking is a very energy intense process resulting in
the global steel industry being one of the largest carbon emitters in
the world. As an important customer to Western Australia, it is
important to understand the significant challenges steelmakers are
facing to reduce emissions in their operations.
Technologies are emerging which can, and will, begin to reduce the
energy and emissions intensity of steelmaking. Overtime there will be
multiple pathways to achieve net zero emissions steelmaking.
The Western Australian Green Steel Opportunity report seeks to answer the question, what is needed for Western Australia to competitively deliver across the various stages of the green steel value chain?