How DLT is transforming the steel industry’s ability to track and trace.

Increasing pressures from the government to decarbonise the UK economy has forced many British steel companies to face up to inefficient and environmentally damaging processes. A recent report from the UK Parliament found that the sector made up 14% of industrial greenhouse gas emissions in the UK in 2022. The report also states that decarbonisation of the steel industry is needed if the UK is to meet its target of net zero greenhouse gas emissions by 2050. An essential step in achieving net-zero will be implementing technology that can improve the tracking and tracing of goods across the steel supply chain. Not only can this help the industry become greener, but more efficient too.

By David Coleman, Chief Product Officer, iov42