The push to decarbonise European steelmaking suffered a fresh blow last week as ArcelorMittal turned down more than €1bn in public subsidies to convert its German plants to run on greener hydrogen.
The company blamed the prohibitively high cost of energy, just as Swedish steel producer SSAB also admitted to delays at its flagship low-emission steel mill inside the Arctic Circle, citing issues with reliability of the power grid.
Energy costs are among the myriad challenges faced by manufacturers that have looked to “green steel” as a way of cutting their emissions, with others ranging from the billions in upfront capital required to a lack of hydrogen infrastructure and underwhelming demand for costlier low-carbon products.
您已阅读12%（730字），剩余88%（5394字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。