Europe's green steel market is subdued as buyers focus on rising conventional prices. Premiums for green hot-rolled coil are reported at EUR100-150 per metric ton. While end-users in automotive and construction drive demand, spot buyers remain cautious. However, experts predict this dynamic will reverse. As carbon costs increase, traditional steel prices are expected to surpass those of low-CO₂ steel, making green steel the more cost-effective option in the future.