Coal-based steelmaking capacity has risen, driven by major investments in India that threaten to undermine a shift to cleaner production elsewhere.
More than 300mn tonnes a year of new coal-based blast furnace production has been announced or is under construction to date, a 5 per cent increase in the past year, according to a new report by Global Energy Monitor, a non-governmental organisation that tracks fossil fuel and renewable energy projects.
Refurbishments will keep 80mn tonnes of existing blast-furnace capacity in production, as manufacturers seek to extend the life of their assets.
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