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Faltering Ferrous Frontiers & Decarbonization's Deferra
Green steel projects worldwide are stalling due to soaring costs, infrastructure gaps, & policy uncertainty. At least fifty major low-carbon steel initiatives have faced significant delays since 2023. Green hydrogen, the key ingredient for clean steel production, remains far too expensive for most producers to adopt commercially. Without urgent government action & stronger carbon pricing, the steel industry's climate targets for 2030 appear increasingly out of reach.
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