Electrification is expected to be the leading decarbonization lever within the global steel industry, with a 27 percent share of emissions reductions by 2050 in comparison to 2022. The use of hydrogen in production is expected to be the second leading mitigation method, while energy efficiency is expected to contribute one-fifth of reductions.
Advertisement
Advertisement
Share of emissions reductions from the steel industry worldwide by 2050, by leading mitigation method
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Economic Forum. (December 11, 2024). Share of emissions reductions from the steel industry worldwide by 2050, by leading mitigation method [Graph]. In Statista. Retrieved June 30, 2025, from https://www.statista.com/statistics/1609235/leading-steel-industry-decarbonization-levers/
World Economic Forum. "Share of emissions reductions from the steel industry worldwide by 2050, by leading mitigation method." Chart. December 11, 2024. Statista. Accessed June 30, 2025. https://www.statista.com/statistics/1609235/leading-steel-industry-decarbonization-levers/
World Economic Forum. (2024). Share of emissions reductions from the steel industry worldwide by 2050, by leading mitigation method. Statista. Statista Inc.. Accessed: June 30, 2025. https://www.statista.com/statistics/1609235/leading-steel-industry-decarbonization-levers/
World Economic Forum. "Share of Emissions Reductions from The Steel Industry Worldwide by 2050, by Leading Mitigation Method." Statista, Statista Inc., 11 Dec 2024, https://www.statista.com/statistics/1609235/leading-steel-industry-decarbonization-levers/
World Economic Forum, Share of emissions reductions from the steel industry worldwide by 2050, by leading mitigation method Statista, https://www.statista.com/statistics/1609235/leading-steel-industry-decarbonization-levers/ (last visited June 30, 2025)
Share of emissions reductions from the steel industry worldwide by 2050, by leading mitigation method [Graph], World Economic Forum, December 11, 2024. [Online]. Available: https://www.statista.com/statistics/1609235/leading-steel-industry-decarbonization-levers/