Global Steel Industry: Persistent Reliance on Coal Threatens Climate Goals
11 May 2026
As the climate emergency dictates an immediate technological shift, the global steel industry is doubling down on fossil fuels. A new report from Global Energy Monitor (GEM) reveals that coal-based blast furnace investments have surged by 5% this year, stalling the "green transition." Investigation into a sector responsible for nearly 10% of global CO2 emissions.