28
Jun
11:51
EU approves €265m grant for H2 Green Steel
The European Commission has approved €265 million ($284m) in state aid to Swedish start-up H2 Green Steel to set up a large-scale green steel plant.
The grant, which will be partially funded through the Recovery and Resilience Facility (RRF), brings the total state funding for the project to over €500m. It was previously awarded €250m from the EU’s Innovation Fund. The total investment for the project, however, is estimated to be around €…
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Very good overview of the weekly steel market.
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