DiscoverSpeaking of Steel6. Is green steel’s cost a red light to buyers?
6. Is green steel’s cost a red light to buyers?

6. Is green steel’s cost a red light to buyers?

Update: 2024-09-06
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MEPS International’s latest Speaking of Steel podcast explores the supply, demand and price implications for a sector seeking an understanding of the market’s “50 shades of green steel”.




Steel market analysts Jonathan Carruthers-Green and Stuart Gray join MEPS managing editor Tom Sharpe to explore the emergence of low-emissions steel products into global steel markets in the podcast series’ 22-minute long ‘green steel debate’ episode.




“What comes out loud and clear from our market research is that there's a lack of understanding in that term or that phrase green steel”, Gray said during the discussion.




Carruthers-Green suggested that the cost implications of low-emissions steel are slowing the pace of green steel’s adoption, as low demand continues to depress steel prices across the world. He said: “I think where we are at the moment is you can't say the words ‘green steel’ without adding the word ‘premium’ on afterwards.

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6. Is green steel’s cost a red light to buyers?

6. Is green steel’s cost a red light to buyers?

MEPS International