Asia Pacific > EU green steel scale-up is stymied by higher cost of materials, study finds

EU green steel scale-up is stymied by higher cost of materials, study finds

Published 15:57 on May 2, 2024  /  Last updated at 01:47 on May 3, 2024  / Sara Stefanini /  Asia Pacific, Australia, EMEA, International

Inflation behind sustainable supply chains is threatening the economic viability of producing green steel in Europe, requiring far higher taxes or incentives to drive the shift from grey steel, or more imports of iron ore, according to research published on Thursday.
Inflation behind sustainable supply chains is threatening the economic viability of producing green steel in Europe, requiring far higher taxes or incentives to drive the shift from grey steel, or more imports of iron ore, according to research published on Thursday.


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