Green steel in the automotive industry: costs and challenges

Raw Materials On the Way to Green Steel

2025-04-30 From Gerald Scheffels | Translated by AI 4 min Reading Time

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Steel is turning green – that's a given. What's not so clear is: How much more expensive will decarbonized steel be? And how far along are the steelmakers on the path to green steel for cars?

The steel industry is investing billions in the transformation of its production facilities – pictured is the Voestalpine steel plant in Linz.(Image: Voestalpine) — The steel industry is investing billions in the transformation of its production facilities – pictured is the Voestalpine steel plant in Linz.
(Image: Voestalpine)

High energy costs, global overcapacity, low planning security, sales crises among many customers and in key target markets: steel manufacturers supplying the automotive industry already have enough challenges to master. However, perhaps the greatest challenge has not even been mentioned: decarbonization. It will consume billions and necessarily make steel more expensive.

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