alt Hacker NewsIt is absolutely viable to produce steel with much lower emissions. Hell, doing so would be a competitive advantage. We don't need to be stuck with centuries old technology.
It is absolutely viable to produce steel with much lower emissions. Hell, doing so would be a competitive advantage. We don't need to be stuck with centuries old technology.
I actually live in a steel-and-coal city (Ostrava).
Go ahead and do it. If you are right, you will make a lot of money.
I've heard many such theories from people who never smelled molten iron, but actual factory owners say that it is not viable without truly massive subventions and massive tariff protections, which aren't that far from trying to build a decarbonized autarky.
A big steel foundry in Třinec delayed their decarbonization project in May 2025, for two years, because it just isn't competitive against cheaper steel from Asia and the European authorities, while being very vocal about green tech, aren't giving out billions left and right to compensate.