https://www.bnnbloomberg.ca/investing/video/germany-s-second-largest-steelmaker-on-transitioning-to-green-steel~2656089?jwsource=cl
Salzgitter Germany's Second Largest Steel Maker Bullish on Green Steel
"We are seeing a modestly positive start into the year 2023 in the wide range of products... automotive has picked up recently. We are seeing a normalising trend after a good 2022 year and a robust outlook in 2023."
"We shouldnt forget that steel is the starting point of ANY value chain that you can think of."
At the 2:30 mark, " A low CO2 product we are seeing big support from the government, the german government together with EU have granted a support of 1 billion Euro for the transformation first phase and we see a pickup from our customers DEMANDING green steel"
The business case doing green steel in Germany.
"We are very close they know the quality we produce and with regards to industrial/energy transition they need green steel for that movement. Of course we have to look at the energy prices, but also here I am very confident that on a political side, we will see a more reliable price for energy"
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