Market Data
July 2, 2021
McKay: No Easy Road to a Green Industry
Written by David Schollaert
There are many roads to a Paris Accord-aligned carbon emissions target, but few steel-specific pathways, said BHP Billiton Chief Economist Huw McKay during CRU’s Steel Decarbonization Strategies 2021 Virtual Conference last week.
BHP’s top economist said steel emissions have roughly doubled over the past three decades due to rising demand and production despite major efficiency gains, as he offered sustainable decarbonization strategies for the steelmaking supply chain.

