NEW DELHI--October 23, 2023--Researched by Industrial Info Resources (Sugar Land, Texas--The iron and steelmaking industry is the largest consumer of energy in the industrial sector. The high energy consumption is associated with the emission of carbon dioxide (CO2), and this industry alone is responsible for 7.2% of CO2 emissions worldwide. The most common ironmaking process used in the world is the blast furnace.

The global steel industry is slowly embracing lower-emissions direct reduced iron (DRI) and electric arc furnaces (EAF), a cleaner alternative to the blast furnaces typically used to make steel.