Tag: Crude Steel
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Electric Route share in global steel making will increase to 40% by 2030
Global crude steel production is estimated to grow by around 4% through to 2030 from a level of 1.89 billion tonnes (bnt) in 2023 to around 1.97 bnt in 2030, The share of the primary blast furnace-basic oxygen furnace (BF-BOF) route in global steel production is projected to shrink to 60% in 2030 from 71%…