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Green Steel's Glacial Growth Generates Grim Gloom

European green steel markets show stagnant premiums amid weak summer demand. Green flat steel trades at €120-170 per ton premium alongside long steel commanding €20-30 per ton differential. Suppliers struggle alongside limited availability of steel meeting emission requirements below 0.8 tons CO₂ per ton. Nordic countries lead demand through public procurement policies alongside Germany & Benelux regions gradually catching up. Market participants expect regulatory developments to boost demand next year.

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