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19 Jul
14:41

Decarbonisation spurs new entrants, supply chain shifts: ING

Steel decarbonisation might be driven by “Tesla-style” new entrants rather than established steel majors. The supply chain could meanwhile evolve towards global production hubs of green iron and local sites that specialise in turning this into different qualities of steel. So says ING Bank. Many steel majors have already embarked on decarbonisation. They have billions of dollars’ worth of coal-based steel assets on their balance sheets. “On…
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