Brazil’s emerging landscape of renewable hydrogen, ammonia, and iron projects shows promising momentum, and there is a window of opportunity for Brazil to seize green iron export market share. This brief illustrates the win-wins of a green iron export agenda: increasing domestic jobs and economic growth in Brazil while lowering global steel emissions and competing with fossil-based alternatives in regions with emissions-differentiated markets and carbon costs. The brief also outlines the needs, opportunities, and necessary next steps from policymakers and stakeholders across the value chain to make the green iron industry a reality in Brazil.

Green iron exports from Brazil offer a cost-competitive option to decarbonize iron production in key steel-producing regions

This report was written with support from Sequoia Foundation. Views reflect those of the authors and not necessarily those of the supporting organization.