Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Europe’s steel industry is not stepping away from decarbonization, but it is moving more carefully. In an interview, Primetals Technologies executive Deniz Çatan said producers are still investing, though with a far more selective and cautious approach as high energy prices, limited green hydrogen availability, weak premiums for low-carbon steel and geopolitical uncertainty reshape decisions. He pointed to projects from Salzgitter, Thyssenkrupp, Saarstahl and Dillinger as signs that the transition is continuing, but in phased and pragmatic steps. The outlook suggests a mixed path ahead, with EAF, DRI and hybrid steelmaking models likely to coexist as the sector balances green goals with commercial reality.
Also Read : UK Steel Prices Hold Firm as Safeguards and CBAM Tighten the Market EU growth expectations for 2024 fall to 10%, inflation remains a concern
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