Fri Sep 06 03:58:30 UTC 2024: – European carmakers oppose mandating minimum quotas for green steel
– German car industry believes the problem is not lack of demand for green steel
– European steelmakers’ decarbonisation plans only cover half of bloc’s primary steelmaking
– Automotive sector could be a lead market for clean materials, including green steel
– Idea of forcing carmakers to buy green steel supported by some in European Parliament
– Additional cost of using green steel estimated to be €300 per tonne
– EU-wide definition of green steel still pending

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