Emsteel + Adnoc Gas sign 20-year gas supply agreement

Steelmaker Emsteel signed a USD 4 bn natural gas supply agreement with Adnoc Gas, according to a disclosure (pdf). The agreement will run for 20 years, starting January 2027.

The move for low-carbon gas comes as part of a decarbonization push, which has seen it launch TrueGreen, a sustainability platform consolidating its decarbonization efforts and setting global standards for low‑carbon steel. It has also piloted what it says is the world’s first electric process gas heater at its DRI plants, cutting over 2.2k tons of CO2 annually, and delivered the region’s first hydrogen‑based rebar. It also signed an MoU with Tadweer to manufacture sustainable building materials using alternative fuels and raw materials, and kickstarted a pilot program with Masdar to produce steel using green hydrogen last year.