As the global steel industry eyes switching to direct reduced iron (DRI) production and using green hydrogen to reduce emissions, the Middle East and North Africa (MENA) region is in a prime position to start producing carbon-neutral or green steel, finds a new report from the Institute for Energy Economics and Financial Analysis.“The MENA region can lead the world if it shifts promptly to renewables and applies green hydrogen in its steel sector,” says author of the report Soroush Basirat.Fortuitously, the region’s sector is dominated by direct reduced iron-electric arc furnace (DRI-EAF) technology, which releases lower emissions than the increasingly obsolete coal-fuelled blast furnace and basic oxygen furnace (BF-BOF) process used in 71% of global crude steel production in 2021.Basirat says the DRI-EAF process, which uses syngas made from natural gas or gasified coal and…
