In a recent in-depth interview with McKinsey, T. V. Narendran, CEO and Managing Director of Tata Steel, highlighted the steel sector’s dual role in the global decarbonisation journey.

Acknowledging that steel production contributes around 8% of global CO₂ emissions, Narendran emphasized that no green transition is possible without steel, given its centrality in infrastructure, energy, and mobility.

He detailed Tata Steel’s strategic efforts to reduce emissions across geographies—from transitioning to scrap-based steel in the UK, exploring hydrogen solutions in the Netherlands, to piloting breakthrough technologies like EASyMelt in India. He also stressed the need for supportive policies, internal carbon pricing, and a circular supply chain mindset to accelerate sustainable transformation.

‘Steel is part of the problem but is also part of the solution:’ A conversation with Tata Steel’s T. V. Narendran

Source: Eurometal