<article><p class="lead">High costs mean there is unlikely to be significant production of steel through the hydrogen-based direct reduced iron route before 2030, mining and steelmaking firm ArcelorMittal said today in its third-quarter results.</p><p>The company expects its smart carbon tactic, based on capturing and reusing carbon emitted by the blast furnace-based production process, will deliver results sooner and "make a meaningful contribution to C02 emissions reduction this decade". In its smart carbon route ArcelorMittal will also use hydrogen gas injection.</p><p>It will deliver 30,000t of "green steel" to customers this year, and expects to ramp this up to 600,000t by 2022. This steel will come from the smart carbon scheme, and will be offered through a certification system linked to C02 savings. An independent auditor will certify the carbon savings achieved through the company's decabornisation technologies — net-zero equivalence will be determined against carbon savings equivalent to 2018 levels of C02/t steel produced. </p><p class="bylines">By Colin Richardson</p></article>
