In the second part of its special coverage on the impact of hydrogen on the mining and metals sector, Fitch Solutions Country Risk & Industry Research (Fitch Solutions) reports that it believes green hydrogen will be adopted in the metals sector, in particular in the steel sector, in the longer term.
Green hydrogen will be increasingly used to decarbonise steel production, which is now a priority for many steelmakers in developed markets, as the steel industry accounts for about 9% of global carbon dioxide emissions, largely from blast furnace-based steelmaking, Fitch Solutions notes.