Timing the Transition: What Steel Can Teach Everyone About Balancing Capex Against Carbon Price

18 Nov 2026

Steel accounts for around 7% of global CO2 emissions, and the leading decarbonisation route; green hydrogen; is as capital-hungry as it is promising: converting a single average European plant needs roughly 1.2-1.3 GW of electrolysis and about €3.3bn. In this context steel producers have started to look elsewhere for solutions; this session digs into the future of 'green steel': how it might be produced, by which technologies, and the timelines to delivery.

Speakers
Federico Dona
Federico Dona, Manager Climate & Energy Policy - The European Steel Association (EUROFER)