Steel industry sounds alarm over slow progress on green steel

Delays to green steel projects are growing and government support is far short of what is needed, jeopardising the industry's drive to cut emissions, steel associations warned at an annual meeting in Singapore this week. About half of the world's planned green steel projects have already been delayed, while governments have committed just $20-billion of the $1.5-trillion needed to decarbonise the sector, according to the World Steel Association.

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