Imabari to use Kobe Steel for shipbuilding

Imabari Shipbuilding announced that Kobe Steel has started selling a low-carbon steel which it will use for a cape due for delivery next year to an unspecified owner. Using hot briquetted iron in its blast furnace, Kobe Steel is able to reduce CO2 output by more than 20%.

Last year Maersk committed to netzero steel by 2040 with an interim target of using 50% responsibly produced steel by 2030.

Currently, Sweden is leading the world in the commercialisation of large-scale green steel production, with its H2 Green Steel plant set to start producing steel from green hydrogen in 2024.