German steel sector still hesitant to invest in green hydrogen-based steelmaking despite billion-euro subsidies

High cost of H2 and electricity means a premium on green steel beyond what customers are willing to pay

Worker at Salzgitter blast furnace.
Worker at Salzgitter blast furnace.Photo: Salzgitter
Published 18 April 2024, 11:26Updated 18 April 2024, 12:49