Steelmaking’s PCI coal starts to feel impact of decarbonisation
Hydrogen appears an early yet significant substitute for PCI coal in blast furnaces
Key takeaways:
- Russia supplies virtually all of Europe’s PCI coal. Australia as the only other major supplier is unlikely to be able to make up for lost Russian supplies.
- Steelmakers are slowly starting to shift to low- and zero-emissions steelmaking processes that don’t use coal.
- PCI coal will be the first grade of metallurgical coal impacted by the decarbonisation of steel.
- Rio Tinto, BHP, BlueScope and Thyssenkrupp are exploring alternative options to the use of PCI coal