Two Worlds - Carbon Pricing Splits Steel Industry
Carbon pricing creates two incompatible steel systems. EU faces €200+ per tonne carbon costs whilst India/Middle East operate with zero constraints. China's $15-20 billion green steel pilots (2% capacity) alongside conventional expansion creates strategic optionality. CBAM imposes 25-30% cost barrier on high-carbon imports from 2026. China's 2030-2032 policy decision determines if global convergence occurs by 2035.
Authors
- Andrzej M. Kotas (ORCID: https://orcid.org/0009-0009-5497-5384)
Institutions
- Science, Technology, Engineering and Mathematics Network (GB)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-10-21
- DOI
- https://doi.org/10.5281/zenodo.18925210
- Primary Topic
- Climate Change Policy and Economics
- Type
- article
- Field-Weighted Citation Impact
- 0.00