COMPARING THE ENVIRONMENTAL PERFORMANCE OF STEELMAKING TECHNOLOGIES

Abstract

The study focuses on the pressing issue of environmental responsibility in the steel industry. Traditional steel production methods are associated with significant greenhouse gas emissions and have a negative impact on the environment. As environmental regulations are tightening and public interest in sustainable development is growing, the search for new, more environmentally friendly solutions is becoming increasingly important. Innovation in the steel industry is not just a trend, but a necessity for the industry’s long-term survival. The proposed comprehensive approach to modernising steel production will help “ZAPORIZHSTAL” PJSC remain a major player in the steel market. Government support and investments in the development of green technologies are key to the successful transformation of the industry. The article analyses the potential of innovative technologies such as direct reduction of iron (DRI) and electric arc furnaces (EAF) to significantly reduce carbon dioxide emissions and improve energy efficiency. It also examines the role of carbon capture, use and storage technologies in minimising the negative impact on the climate. The results of the study show that the introduction of green technologies not only helps to reduce the environmental burden, but also opens up new opportunities for the export of Ukrainian steel to European markets, where environmental standards are increasingly important, and helps to facilitate rapid integration into the European Union and establish Ukraine as a sustainable player in the steel market. In addition, the transition to green metallurgy will help improve Ukraine’s energy security by reducing dependence on energy imports. The introduction of innovative solutions helps to increase the competitiveness of steelmaking companies in the global market and ensure the long-term sustainability of the industry.