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The Economic Times

Economy / The Economic Times

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Steel industry sounds alarm over slow progress on green steel

The global push for green steel faces significant hurdles, with half of planned projects delayed and government support falling drastically short of the $1.5 trillion needed. Industry leaders warn that without increased state funding and customer willingness to pay more, cutting emissions from steel production, which accounts for 7-9% of global emissions, will remain a distant goal.

22 Jun 2026 8:14 am