LIBERTY Steel Applauded Fresh Policy Actions to Decarbonise Steel Sector

SEATTLE (Scrap Monster): LIBERTY Steel Group announced launch of the second phase of its major policy partnership with leading organizations Green Alliance and Bright Blue.

The steelmaker welcomed the new policy steps by the UK government and said that these could help decarbonise the UK steel sector by 2035. The policy partnership programme was launched at recently held COP26, aimed at driving GREENSTEEL transition.

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According to research conducted by Green Alliance, the introduction of ‘green power tool’ could play a key role in helping to cut carbon emissions from UK steel production by almost 90% by 2035. The tool targets to bring the benefits of cheap renewable electricity to energy-intensive industries such as steel. Bright Blue too supports introduction of mandatory carbon footprint requirements and urges increased investment in low carbon electric arc furnaces (EAFs).

Jeffrey Kabel, Chief Transformation Officer, LIBERTY Steel commented that the bold policy steps to decarbonise the UK steel sector will deliver a bright future for the UK steel industry. The reports by the thinktank partners aim to develop a resilient steel industry capable of supplying manufacturing, construction and infrastructure businesses across the country.