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Is Europe's steel industry at risk?

August 31, 2023

Producing steel requires a lot of energy. With energy prices in Europe high, steelmakers are looking at regions like North and South America, where electricity costs are lower.

https://p.dw.com/p/4Vf2N
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A factory with a closeup of a solar panel system
Image: Terelyu/Pond5 Images/IMAGOImage: Terelyu/Pond5 Images/IMAGO

Transforming Business

It's a race against time and more and more governments and companies are responding with pledges or actions to prevent climate change. This series dives deep to understand just how credible and serious these efforts are.