Steel production: the economics?

This data-file captures the economics and CO2 intensity of producing iron/steel by the reduction of iron ore, in an integrated facility with a blast furnace and basic oxygen furnace.

Our base case is a marginal cost of $550/ton and 2.4 tons of CO2 emitted per ton of steel. Although the results are sensitive to input assumptions, which are backed up by technical data, but can also be stress-tested.

The data-file also allows some evaluation of decarbonization options, including electrification, blue hydrogen and green hydrogen, both as reducing agents and as heating sources.