Prospects improving for green steel premium: distributors - Fastmarkets
The government could adopt policies that either create incentives for buyers to pay a premium for green steel - or be punitive and impose penalties for those who do not, Lehner said. If a policy based on incentives was chosen, the government would need to decide what customers receive in return for paying a premium for green steel.
The automotive industrymay be a leading candidate for paying a green steel premium, according to Jörg Brinckmann, head of ironmaking and green steel at SMS Group, who participated in panel on decarbonization strategies.
Understanding the demand for Green Steel, page-65
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