The new India-EU strategic agenda redefines steel's role in bilateral relations through decarbonisation, common standards, and end-user demand. Green hydrogen cooperation and infrastructure projects will drive long-term steel demand.
Tosyalı Holding's second DRI plant in Algeria has begun commercial production. Capable of running on both natural gas and 100% hydrogen, it is the world's first FlexiDRI plant to reach commercial production.
As of 2026, carbon regulations, energy prices, and certification rules are shaping green steel. The global market is witnessing regional divergence rather than a unified leap forward.
Green steel is low-carbon steel produced using green hydrogen and renewable energy instead of fossil fuels. As the steel industry accounts for 7–9% of global CO₂ emissions, this production approach aims to fundamentally change the equation.
Steel producers are moving away from traditional blast furnace methods toward hydrogen-based technologies to eliminate carbon emissions. Tightening carbon regulations and supply chain pressures are accelerating the transition to green steel.