EMEA > ‘We are in deep shit’: EU steelmakers turn to Brazil for green iron, hoping to safeguard European jobs

‘We are in deep shit’: EU steelmakers turn to Brazil for green iron, hoping to safeguard European jobs

Published 15:26 on October 3, 2024  /  Last updated at 16:42 on October 3, 2024  / /  EMEA, EU ETS

Importing Brazilian iron briquettes made with green hydrogen could reduce carbon emissions by 80% and help the EU’s industry meet its climate target for 2030 while avoiding a social bloodbath, according to the European steel industry association.
Importing Brazilian iron briquettes made with green hydrogen could reduce carbon emissions by 80% and help the EU’s industry meet its climate target for 2030 while avoiding a social bloodbath, according to the European steel industry association.


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