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17 Aug
11:08

Offshore wind growth to boost steel demand: WoodMac

Growth in the offshore wind market is set to explode, with wind tower tonnage getting heavier, meaning more demand for steel, says Wood Mackenzie. With increasing numbers of countries committing to tougher climate targets, offshore wind is a key technology that will power global decarbonisation – the industry is no longer in its infancy, the consultancy points out. Almost $1 trillion is predicted to flow into the market over the next decade, Kallan…
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