“Increasing Use of Green Steel and Sustainable Construction Practices”
- The steel rebar industry is witnessing a shift toward low-carbon and green steel production, driven by rising environmental concerns and regulatory pressures to decarbonize the construction sector.
- Green steel rebar, produced using electric arc furnaces (EAFs) and renewable energy sources, is gaining traction in markets with stringent carbon emission targets.
- Major players are investing in carbon-neutral manufacturing processes and certifications (e.g., EPDs – Environmental Product Declarations) to align with ESG goals and meet demand from eco-conscious infrastructure projects.
- Government-backed green energy investments and sustainability targets are accelerating the development of renewable infrastructure, directly boosting steel rebar consumption across emerging and developed economies.
- For instance, ArcelorMittal announced the launch of XCarb R rebars in Europe, a low-carbon steel product made with scrap and renewable energy, aimed at sustainable construction initiatives.
- As sustainable building practices become mainstream, demand for eco-friendly steel rebar products is expected to accelerate across both public infrastructure and commercial construction segments.
