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30 Jun
10:45

Automotive leads green steel demand, construction challenging: BloombergNEF

The automotive industry is leading the way for green steel demand, but the construction sector, which accounts for over 50% of steel consumption, has much thinner margins and therefore slower green steel uptake, says Dr. Julia Attwood, head of sustainable materials at BloombergNEF. “Demand for premium products like green steel always come first from sectors where materials are a small portion of the total cost of the product and can be absorbed or passed on …
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