BHP and SAIL to cooperate in decarbonizing steel production

The largest state-owned steel producer in India, Steel Authority of India Limited (SAIL), and Australian mining company BHP will cooperate to support the decarbonization of steel production. This is stated in the message of BHP.

The parties signed a memorandum of understanding. As noted, this cooperation is an important step in promoting low-carbon steel production technologies for blast furnaces in India.

The parties are already exploring a number of areas of work that support the potential decarbonization of SAIL’s blast furnace steel plants, starting with a scoping study to evaluate various strategies to reduce greenhouse gas emissions.

This work will consider the role of alternative reductants for the blast furnace (hydrogen, biogas). The assessment aims to build local R&D capacity to support the green transition.

“The need to bring the steel sector in line with climate commitments is not up for debate. SAIL is committed to contributing to the solution to climate change by fostering an innovative future for India’s steel industry,” said Shri Amarendu Prakash, Chairman of SAIL.

As noted, this cooperation is an important step for BHP in supporting low-carbon steelmaking technologies for blast furnace production in India. The latter is a key growth country for the steel industry according to the program recently released in BHP’s 2024 Climate Transition Action Plan.

As GMK Center reported earlier, mining companies Rio Tinto and BHP Group will team up with Australian rolled steel producer BlueScope Steel to explore the development of Australia’s first pilot electric smelting facility (ESF) to produce green pig iron.

  • Companies

Rio Tinto and Baowu officially open Western Rang mine

The Australian-British mining group Rio Tinto has announced the official opening of its new Western…

Friday June 6, 2025

US CBAM could generate up to $200 billion in revenue within five years – study

The U.S. mechanism for cross-border carbon adjustment could raise up to $200 billion over five…

Friday June 6, 2025
  • Global Market

EU steel imports down 9% y/y in Q1 – EUROFER

In the first quarter of 2025, steel imports to the European Union declined slightly, but…

Friday June 6, 2025
  • Companies

Cleveland-Cliffs cancels hydrogen-based steel project in Ohio

American steelmaker Cleveland-Cliffs has officially canceled its hydrogen-based steel project in Middletown, Ohio. This is…

Friday June 6, 2025
  • State

Ukraine’s trade turnover amounted to $48.2 billion in January-May

Ukraine's trade turnover in January-May 2025 amounted to $48.2 billion. This is according to the…

Friday June 6, 2025
  • Global Market

EUROFER expects steel consumption in the EU to decline for the fourth consecutive year

Steel consumption in the European Union continues to decline and, according to the European Steel…

Friday June 6, 2025