New €4 billion ‘green’ steel plant planned in Finland

Published 17:19 on January 3, 2023  /  Last updated at 17:19 on January 3, 2023  /  EMEA, EU ETS  /  No Comments

Norwegian company Blastr Green Steel is planning to build a new €4 billion steel plant in Finland sourcing green hydrogen, the company announced on Tuesday in a move defying fears that heavy industry could opt to invest outside the EU amid high energy and carbon costs.

Norwegian company Blastr Green Steel is planning to build a new €4 billion steel plant in Finland sourcing green hydrogen, the company announced on Tuesday in a move defying fears that heavy industry could opt to invest outside the EU amid high energy and carbon costs.

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