Bulkers

Green steel: ‘Classic’ capesize cargoes evolve as steel industry seeks to slash emissions

The changing demands of steelmakers in China, India and Europe are shifting trades

In Europe, firm plans are underway by Voestalpine Group in Austria and ArcelorMittal (pictured) in Belgium to replace old blast furnaces with new direct-reduced iron and electric arc furnaces.
In Europe, firm plans are underway by Voestalpine Group in Austria and ArcelorMittal (pictured) in Belgium to replace old blast furnaces with new direct-reduced iron and electric arc furnaces.Photo: Bloomberg
London
Published 27 October 2023, 06:05Updated 27 October 2023, 08:07
Capesize bulkersNewcastlemax bulkersChinasteel outputCoal