| BF | Blast Furnace |
| BOF | Basic Oxygen Furnace |
| CAPEX | Capital Expenditures |
| CBAM | Carbon Border Adjustment Mechanism |
| CCUS | Carbon Capture, Use and Storage |
| CEFIM | Clean Energy Finance and Investment Mobilisation |
| CfD | Contract for Difference |
| CO2 | carbon dioxide |
| DBSA | Development Bank of South Africa |
| DEE | Department of Electricity and Energy |
| DFFE | Department of Forestry, Fisheries and the Environment |
| DFI | Development Finance Institutions |
| DMPR | Department of Mineral and Petroleum Resource |
| DRI | Direct Reduced Iron |
| dtic | Department of Trade, Industry and Competition |
| EAF | Electric Arc Furnace |
| EBITDA | Earnings before interest, taxes, depreciation and amortisation |
| ESCO | Energy Service Companies |
| FDI | Foreign direct investment |
| FID | Final Investment Decision |
| GHG | Greenhouse Gas Emissions |
| GPP | Green Public Procurement |
| GW | gigawatt |
| H2 | hydrogen |
| IDC | Industrial Development Corporation |
| ITAC | International Trade Administration Commission |
| JET IP | Just Energy Transition Investment Plan |
| JETP | Just Energy Transition Partnership |
| JSE | Johannesburg Stock Exchange |
| LCOS | Levelised Cost of Steel |
| MDB | Multilateral Development Banks |
| Mt | Million tonnes |
| Mtoe | Million tonnes of oil equivalent |
| NDC | Nationally Determined Contribution |
| NPV | Net Present Value |
| OECD | Organisation for Economic Co-operation and Development |
| OPEX | Operating Expense |
| PCC | Presidential Climate Commission |
| PSC | Project Steering Committee |
| SAISI | South African Iron and Steel Institute |
| TAC | Technical Advisory Committee |
| ZAR | South African Rand |
Implementing the OECD Framework for Industry’s Net‑Zero Transition in South Africa
Decarbonising the Iron and Steel Sector
