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CERAWeek Podcast with Atul Arya - March 10, 2026

José Fonrouge, Ternium, on Decarbonizing Steel in a Two-billion-ton Industry

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Steel accounts for 9% of global greenhouse gas emissions—making it one of the most challenging sectors to decarbonize.

José Fonrouge, Global Environmental Director at Ternium, joins Atul to discuss the realities of reducing emissions in a two-billion-ton industry.

The conversation examines structural constraints—from coal dependence and infrastructure gaps to global market dynamics—while outlining pragmatic pathways grounded in recycling, energy efficiency and hydrogen innovation.

Key topics:

  • The global scale of steel production and its emissions footprint
  • The current state and growing potential of steel recycling
  • Carbon capture and emissions reductions targets for steel
  • "Turquoise hydrogen" as a potential low-carbon pathway
  • Incentives, trade dynamics and global “green steel” standards


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