S03E01 - NetZero - Green Steel: Interview with Felix Schmitz, the CEO of Klöckner Metals in Germany

Summary

In Episode 1 of Season 3, Daniel has a very experienced guest in the studio: Felix Schmitz, the CEO of Klöckner Metals in Germany, talks about green steel and the decarbonisation of the steel industry. They discuss the importance of steel in various industries, the environmental impact of steel production, and Klöckner Metals' strategic approach to sustainability.

Takeaways

• Steel production significantly contributes to greenhouse gas emissions, making decarbonisation efforts crucial for the industry.
• The role of a steel and metal distributor involves managing complexity and providing value-added services to customers.
• Green steel is a term for steel produced with reduced carbon emissions, and different decarbonisation levels can be achieved.
• The steel industry's decarbonisation requires a mix of technologies, and the journey towards green steel is an ongoing process. Green steel has the potential to reduce the industry's carbon footprint significantly.
• Educating customers about the benefits of green steel is crucial for driving demand.
• Contrary to popular belief, green steel does not necessarily come at a higher cost.
• CEOs play a vital role in driving decarbonisation efforts and setting CO2 targets.