IEA – Demand and Supply Measures for the Steel and Cement Transition

The main theme of the report is the need for a massive scale-up of markets for near-zero emission steel and cement to achieve internationally agreed net-zero goals.

The report highlights that both producers and consumers of these materials face significant barriers such as high costs and risks. Policies can play a crucial role in opening markets for near-zero emission materials by reducing risks and providing market certainty. International collaboration is also key to accelerating and making the transition cheaper.