ArcelorMittal Nippon Steel India plans 70of production to be ‘Green Steel’ by 2027

📰 In News: AM/NS India Targets 70% Green Steel Production by 2027

  • ArcelorMittal Nippon Steel India (AM/NS India) announced plans to make 70% of its total steel production ‘Green Steel’ by 2027.
  • Definition of Green Steel (as per India’s upcoming Green Steel Taxonomy):
    • Steel produced from plants with CO₂ equivalent (CO₂e) emission intensity < 2.2 tonnes of CO₂e per tonne of finished steel (tfs) qualifies as Green Steel.
  • Current status:
    • AM/NS India’s current production: 9 MTPA, to grow to 15 MTPA by Apr–Jun 2026.
    • Currently 65% of steel production uses natural gas, resulting in lower carbon emissions.
    • In 2023–24: 2.23 tCO₂e/tfs; In 2022–23: 2.17 tCO₂/t crude steel, about 14% lower than earlier levels.
  • Green Steel Taxonomy Star Ratings (to be rolled out in 2026–27):
    • 3-star: 2.2–2.0 tCO₂e/tfs
    • 4-star: 2.0–1.6 tCO₂e/tfs
    • 5-star: below 1.6 tCO₂e/tfs
  • Verification Authority: The National Institute of Secondary Steel Technology (NISST) will verify green steel claims and assign star ratings.
  • This move aligns with India’s climate goals and aims to decarbonise the steel sector, which is a major industrial emitter.

    Updated - Apr 16, 2025 at 06:24 PM | ET Infra