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For years, nothing happened. Hardly a report about a green turnaround in steel production. And suddenly everyone is doing it. Green projects are springing up like mushrooms at German (and also European) steel mills.

Steel mills: Why everyone wants to become CO2 neutral NOW
Steel mills: Why everyone wants to become CO2 neutral NOW

95% compensation payments from the German taxpayer

And it is proudly reported from lobbyist circles that 95% of the investments are now being donated by the German taxpayer. Any questions as to why we have only been hearing about green steel in Germany and Europe since this year? We certainly do not.

Source: Press release BMU

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