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17 Jun
22:11

Europe low-emission steelmaking buildout could struggle: panel

New low-emission steel mills are more likely to be built where costs and regulation are favourable, in other words not Europe, but CBAM is likely to alleviate some overcapacity pressure in Europe’s steel market. So was the conclusion of a panel at the Kallanish Europe Steel Markets 2024 conference in Milan last week. Green steel production growth should be catalysed by “new kids on the block” such as H2GS in Sweden and Vulcan Green Steel in Oman,…
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