Norwegian company Blastr Green Steel is planning a €4 billion investment to construct a low-carbon steel plant in Inkoo, Finland, in what could be one of…
Green steel is a key enabler for the green transition, as it will be a critical raw material for developing renewable energy infrastructure, such as wind turbines, as well as in segments such as construction, the automotive industry, and consumer goods. In Europe alone, the demand for decarbonized steel is expected to reach 50 million tons by 2030, nearly one-third of the current European steel demand.