Is the energy crisis driving Europe's steel industry to the Americas?

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Published Jul 14, 2023

Steel is a $1 trillion market and demand is rising. But production consumes a lot of energy - and is expensive. Are companies moving out of Europe to invest in South and North America because electricity is much cheaper there? And what about hydrogen powered 'green steel'?

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Category: Europe
Tags: DW News, green steel, hydrogen

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Is the energy crisis driving Europe's steel industry to the Americas? | DW News

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