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Agora Industry

Agora Industry develops scientifically sound and politically feasible strategies for a successful pathway to a climate-neutral industry.

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Analysis

The role of green iron trade in accelerating competitive steel transformation

Decarbonising the steel sector – responsible for around nine percent of global greenhouse gas emissions – is a major opportunity for sustainable growth and a just transition to climate neutrality. 

This publication explores the potential of green iron trade as a forward-looking solution to drive transformation in the sector. It shows how partially decoupled supply chains can enable deep decarbonisation while creating win-win opportunities for both importers and exporters of green iron. To realise this potential, the analysis proposes a mix of robust industrial policy and international cooperation to build a global market for green iron – cutting costs, lowering emissions and boosting resilience.

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The role of green iron trade in accelerating competitive steel transformation

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Agora around the World

Agora Industry is active in a variety of regions and countries and cooperates with a wide network of partner think tanks on the ground. Explore our international work.

Agora in the World