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Jindal Steel International’s European Operations Director has reaffirmed the company’s commitment to transitioning toward green steel, citing strong economic rationale. He highlighted that subsidies for green steel are a key factor in shaping the company’s strategy, ensuring competitiveness while aligning with Europe’s decarbonization goals and global sustainability standards.
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Jindal Steel International is positioning itself at the forefront of the global steel industry’s green transition. In recent remarks, the company’s European Operations Director stressed that the move toward green steel is not only environmentally necessary but also economically viable. He underscored that subsidies and supportive policies across Europe are critical in enabling the company to pursue this transformation while maintaining competitiveness in international markets.
Key highlights from the announcement include
The European Operations Director stated that green steel transition makes strong economic sense.
Subsidies for green steel are central to Jindal Steel International’s long-term strategy.
The company aims to align with Europe’s ambitious decarbonization targets and sustainability frameworks.
Green steel adoption is expected to reduce carbon emissions significantly while opening new market opportunities.
The director emphasized that supportive government policies are essential to balance costs and ensure industry-wide adoption.
The transition reflects Jindal Steel International’s broader vision of combining profitability with environmental responsibility.
This development underscores the growing importance of green steel in Europe’s industrial landscape. With subsidies acting as a catalyst, Jindal Steel International is set to strengthen its role in sustainable manufacturing, contributing to both economic resilience and climate goals.
Sources: Reuters, Bloomberg, Economic Times, Business Standard
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