Decarbonization of the Iron and Steel Sector: Challenges and Opportunities
The iron and steel industry is one of the largest contributors to industrial emissions in the United States (U.S.). As this industry represents an impactful opportunity for industrial decarbonization, this paper presents the techno-economics of retrofitting iron/steel plants in the U.S. with post-combustion carbon dioxide (CO2) capture technology. For a representative base plant, this analysis considers an integrated steel mill, including a blast furnace (BF) and basic oxygen furnace (BOF), and evaluates CO2 capture as applied to the three largest and highest concentration emission sources of these facilities. A levelized cost of CO2 captured (LCOC) of $80.3/tonne CO2 and $80.7/tonne CO2 was estimated for a retrofit site with 99 and 90 percent capture, respectively.