Currently, shipping demands are accounted as a certain percentage per kilometer of transport. While this makes sense for e.g. Ammonia (as it may be used as ship fuel), this is not the case for steel (as this will certainly not be used as ship fuels).
However, potentially this assumption is valid in principle, since it increases the necessary supply from renewable sources. Still, this needs to be veryfied and potentially the efficiencies adjusted from hydrogen to steel.
Currently, shipping demands are accounted as a certain percentage per kilometer of transport. While this makes sense for e.g. Ammonia (as it may be used as ship fuel), this is not the case for steel (as this will certainly not be used as ship fuels).
However, potentially this assumption is valid in principle, since it increases the necessary supply from renewable sources. Still, this needs to be veryfied and potentially the efficiencies adjusted from hydrogen to steel.