CEPS recommends a policy framework to boost green steel consumer demand in the automotive sector, highlighting the industry’s ability to drive the shift independently - and pass on the green premium to end-consumers
The Centre for European Policy Studies (CEPS), recently published its recommendations on a policy framework for boosting the demand for green steel in the automotive industry. The publication lent force to the advantageous position the automotive industry finds itself in, which CEPS believes allows it to independently bring about the shift towards green steel solutions. According to CEPS, the automotive industry, (which constitutes approximately 12% of global steel consumption) has the potential to transfer the cost of a ‘green steel premium’ to its end-customers.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today
Register free now to stay up-to-date with the latest industry developments, trends, and analysis, to find in-depth reports and intelligence and to connect with your peers.
Your free registration includes:
Gain access to our exclusive content and features register free today
Non-registered users are able to access two AMS exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.
Take a look at the factors driving Gestamp’s remarkable performance with a focus on industry insights and strategic vision. From the transition to hybrid materials to the emphasis on manufacturing excellence, gain a professional perspective on the key elements shaping Gestamp’s position as a leader in automotive manufacturing.
The closures are to have a significant impact on the automotive production environment and supply chains across the region. Is the transition to green steel upsetting traditional ecosystems?
ArcelorMittal’s innovative MPI approach emerges as a key player in the race towards sustainable automotive manufacturing.
