Industrial

'Coal-based steel will have an advantage over hydrogen-derived green steel due to EU carbon allowance scheme'

Europe also needs to 'sober up' and accept it will have break up its legacy steel mills and produce green iron overseas, says Swedish pioneer H2 Green Steel

Kajsa Ryttberg-Wallgren, executive vice president of H2 Green Steel’s hydrogen business unit.
Kajsa Ryttberg-Wallgren, executive vice president of H2 Green Steel’s hydrogen business unit.Photo: H2 Green Steel
H2 Green SteelSteelsponge ironDirect reduced ironGermany
Published 26 June 2023, 12:14Updated 26 June 2023, 12:17