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EUROFER urges EU to safeguard steel competitiveness during green transition
4+ day, 4+ hour ago (319+ words) The European Steel Association (EUROFER) has called for measures to ensure that the decarbonization of the European steel industry supports the sector's competitiveness and maintains production, investment and employment in Europe. EUROFER made the statement following a meeting at the…...
IW K??ln: Germany should preserve domestic steel production during green transition
2+ week, 4+ day ago (293+ words) According to a report published by the German Economic Institute (IW Köln), Germany should maintain competitive domestic production in energy-intensive industries such as steel while enabling their transition toward climate-neutral production. Around 5.5 million jobs linked to steel value chain The…...
IW Köln: Germany should preserve domestic steel production during green transition
2+ week, 5+ day ago (364+ words) According to a report published by the German Economic Institute (IW Köln), Germany should maintain competitive domestic production in energy-intensive industries such as steel while enabling their transition toward climate-neutral production. Around 5.5 million jobs linked to steel value chain The…...
PwC: Traditional steel production in central Europe to no longer be competitive after 2040
1+ mon, 1+ week ago (187+ words) According to a study published by consulting firm PwC Deutschland and previewed by the German business daily Handelsblatt, primary steel production in central Europe is set to lose competitiveness in the long term, while the future of the European steel…...
“Green” steel: the market starts with demand
1+ mon, 1+ week ago (243+ words) Consider the questions a buyer may ask when seeking low-carbon steel to meet Scope 3 emissions reduction targets: Pricing and supply volumes of “green” steel are the central issues. While producers are aiming to secure a “green” premium, it is far…...
Why Germany's Green Steel Revolution Is Losing Steam While India Builds A Competitive Advantage
1+ mon, 1+ week ago (100+ words) The Times of India Germany's steel industry has long been the backbone of Europe's manufacturing sector Now, a new PwC study warns that its multi-billion-euro transition to green steel may struggle to remain competitive Rising labour costs, expensive green hydrogen…...
Steel Dynamics Girds for U.S. Plant Expansions as Sales Boom
1+ mon, 3+ week ago (231+ words) ICE Vehicles, EVs, Hybrids, and Automotive Supply Chain The global economy experienced its first taste of critical minerals supply chain disruptions last year, the result of rising demand, increasing prices, supply chain concentrations and wider use of trade restrictions on…...