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16 Sep
01:00

Lobbyist Eder hopes new Brussels team will give more support to steel investments

Investment in Europe’s steel industry is under threat because of the tight CO2 emission targets that force energy-intensive industries to buy expensive carbon certificates under EU green policy, says Wolfgang Eder, ceo of Austria’s voestalpine. The steel group must face difficult decisions about whether to invest in renewing its ageing steelmaking plant in Austria, or not, depending on the affordability of the EU’s environmental policy, he wa…
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