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Paradoxical Premiums Persist Amid Pallid Procurement

Fastmarkets reported European green steel premiums holding at €200-300 per metric ton last week, despite buyers seeking modest discounts. Market demand stayed limited, with only one small trade at a €50 premium for lower-carbon steel. The sector’s focus now turns to the European Commission’s CBAM review, expected to drive new demand as it rolls out in 2026.

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