A commercial green steel plant could be up & running within 2 years of a proven concept.
The first producers to green steel will be able to earn a big premium on their sales price.
There's a big difference between starting new operations using hydrogen to make steel & converting or replacing existing coal operations.
The salient question is not when hydrogen will start to replace coal in steel.production but when it will start impacting coal prices?
Unknown at this time.
BHP made the decision to exit thermal coal because they saw it had a finite life remaining, at what point will they come to the same conclusion about metallurgical coal?
A commercial green steel plant could be up & running within 2...
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Last
$43.26 |
Change
0.510(1.19%) |
Mkt cap ! $218.7B | |||
| Open | High | Low | Value | Volume |
| $42.90 | $43.32 | $42.89 | $79.57M | 1.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 11 | 2934 | $43.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $43.26 | 553 | 8 |
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| Last trade - 12.34pm 07/05/2024 (20 minute delay) ? |
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Last
$43.27 |
Change
0.510 ( 1.34 %) |
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| Open | High | Low | Volume | ||
| $42.90 | $43.32 | $42.89 | 311055 | ||
| Last updated 12.52pm 07/05/2024 ? | |||||
| BHP (ASX) Chart |