Description
Estimated time: 1 hour.
Language: English
Modality: Virtual
Course Summary
The global steel industry is undergoing a period of significant transformation driven by a combination of environmental, technological, economic, and geopolitical forces.
In this session, participants gain an understanding of the major megatrends identified by World Steel and how these trends are expected to shape the future of steel production, consumption, and competitiveness. Topics include climate change, technological advancement, demographic evolution, urbanization, energy transition, and the growing influence of geopolitical fragmentation on global markets and supply chains.
Additionally, it explores the industry’s decarbonization journey, highlighting emerging low-carbon technologies, electrification, scrap utilization, carbon capture solutions, and circular economy principles. In addition, it examines steel’s contribution to society through infrastructure development, economic value creation, employment, safety improvements, and sustainable construction solutions. By understanding these trends and challenges, learners will be better prepared to navigate the future of the steel industry and contribute to its continued evolution.
Learning Objectives
By the end of this course, students will be able to:
- Identify the four major Megatrends shaping the future of the global steel industry: Climate Change, Technological Transformation, Socio-economic Change, and Geopolitics.
- Explain how Decarbonization Strategies, Carbon Policies, and Low-Carbon Technologies are influencing steel production and investment decisions.
- Describe the impact of Urbanization, Population Shifts, and changing economic structures on future Steel Demand.
- Recognize the challenges and opportunities associated with evolving Supply Chains, Trade Flows, and Geopolitical Dynamics.
- Understand the role of Innovation, Energy Transition, and Circular Economy Principles in supporting a more sustainable steel industry.
- Explain how the steel industry contributes to Economic Growth, Employment, and Infrastructure Development on a global scale.
- Assess the long-term outlook for Global Steel Markets and the industry’s role in achieving a more sustainable future.
Course Content
Course includes
- 1 Lesson
- Business
