JSW Steel, SMS group to Partner on Decarbonization Projects
09/13/2022 - JSW Steel will collaborate with plant builder and mechanical engineer SMS group on decarbonization projects throughout its fleet of Indian mills.
JSW said in an announcement Tuesday that the collaboration will enable the companies to explore ways to reduce carbon emissions and produce green steel in what’s typically considered a “hard-to-abate” sector.
“While the steel Industry accounts for 0.7% of the world’s economic output, the industry also contributes 7% towards global emissions. We need a new transformative approach focused on green steel vision. With our technology partner SMS group, we are on our way to turning metals green in the world,” said JSW Steel chairman and managing director Sajjan Jindal.