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Green Steel's Galvanic Gambit: Europe's Electron Exigency
Saarstahl chief executive Stefan Rauber says green steel depends on cheap, reliable electricity. His company plans to produce about 3.5 million metric tons of carbon-reduced steel a year by 2028 to 2029. He wants Europe to agree a common energy plan. He also calls for an effective carbon border tool, firm trade protection & secure scrap supplies. Power prices differ widely across the region, he warns, & that gap must close.
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