Green steel at scale “decades away” – BHP
High cost of hydrogen and CCS will hamper uptake by the steel sector, Australian mining group says
Deployment of hydrogen and CCS technology at significant scale in the steel sector is “decades away”, leaving the industry needing to buy carbon credits to meet emission reduction targets, Australian mining group BHP said in its latest economic and commodity outlook. BHP, which is a major supplier of metallurgical coal used in traditional blast furnace steelmaking, said its analysis shows current levels of cost competitiveness and technological readiness will inhibit the uptake of alternative “high-cost abatement levers” such as hydrogen and CCS. “We assess that the emerging technologies that are expected to feature in a low carbon end–state for the industry, such as green hydrogen enabled d
Also in this section
12 November 2025
The UK now has a never-to-be-repeated opportunity to build indigenous manufacturing and production capabilities that create both domestic value and export opportunities
12 November 2025
Growth outlook hit by recent policy changes in pivotal year for the region’s hydrogen industry, says risk management firm DNV
10 November 2025
The success of hydrogen production will rely as much on software and data integration for optimisation and tracking as on physical infrastructure and demand
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined






