Colombian steelmakers conditioned the viability of building the country's first flat steel plant on the adoption of trade defense measures against imports, the companies said on Friday, September 6.

Although some sectors are still reluctant to pay more for green aluminium, it’s important to have differential premiums for low-carbon products because they can increase awareness about the green agenda, chief executive officer of Brazil's Companhia Brasileira de Alumínio (CBA) told Fastmarkets during an interview.

The willingness among steel consumers to pay premiums for ‘green’ products was not enough to offset the extra cost of the technology transition in the short term, according to Dr Karel Eloot, senior partner in the global materials insights department of management consultant McKinsey & Co.

The global steel industry is currently grappling between decarbonizing at higher costs while still attempting to maintain cost competitiveness with traditional blast furnace-based production methods, sources told Fastmarkets.

Green steel premiums in the US are off to a slow start, compared to the figures mills are collecting in Europe and Asia

Understanding the greatest risks and the impacts to the supply chains of critical raw materials including battery raw materials, green metals and rare earths

Norway-based aluminium producer Hydro has several plans for decreasing its carbon footprint, new chief executive officer Eivind Kallevik told Fastmarkets on Tuesday May 28.

The viability of e-fuels as an alternative to electric power is debated due to their high cost and unclear role in decarbonization efforts

China’s National Development and Reform Commission (NDRC) will work with relevant parties to regulate crude steel production, with a focus on energy saving and reducing carbon emissions. It will also release guidance on crude steel output for different steel mills later this year after a national investigation on steel capacity

The low-carbon aluminium differential in the US made its first move on Friday April 5 since Fastmarkets launched it five months ago.