23
Sep
14:48
EU to cease BF steelmaking by 2050: Schneider
Blast furnaces have no long-term future in Europe, with very few, if any, likely to remain in operation by 2050 when the EU aims to achieve carbon neutrality, according to Andreas Schneider of Stahlmarkt Consult.
Various ways of moving towards carbon neutrality are being considered by EU steelmakers. The closure or reduction of capacity, such as that touted by ArcelorMittal Italia, entails high decommissioning costs and social unrest. EAF-based production potentia…
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Anonymous
Very good overview of the weekly steel market.
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