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28 Mar
10:43

War slows steel decarbonisation, accelerates renewables: plant builders

With Ukraine under siege and Russia under sanctions, builders of large-scale plants foresee a considerable loss of business, according to a flash survey by German mechanical engineering association VDMA. The survey was carried out among the members of VDMA’s Large Industrial Plant Manufacturers' Group (AGAB). It shows that companies are questioning business with authoritarian regimes in general, and will align their internal risk management under that as…
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