Cost-conscious steel buyers will not pay more for low-emissions green steel at a time when many industry sectors remain in slowdown, MEPS International’s latest podcast heard.

The new ‘Green Steel Survey Special’ episode of the Speaking of Steel podcast explores feedback from stockists and buyers from across the world who were asked to define their participation in the market for low-emissions steel during the steel market insight provider's recent survey.

MEPS’s head of price analysis and forecasts, Kaye Ayub, and market analyst Jon Carruthers-Green joined managing editor Tom Sharpe for the debate.

“It’s clear from the responses to the MEPS Green Steel Survey that certain industry sectors are starting to prioritise the use of low-emissions material in certain countries, but it’s also clear that there is a long way to go,” said Sharpe.

Among the questions addressed in this episode of the MEPS Speaking of Steel podcast are:

• What proportion of steel buyers are currently engaged in the purchase of green steel?
• Are steel stockists willing to take a gamble on more expensive, low-emissions steel at a time of low demand and tight profit margins?
• Will CBAM proved to be the tipping point that prompts the wider adoption of green steel in EU industry sectors?
• How might the demands of decarbonisation, and the conditions needed to produce steel sustainably, re-shape the steel industry?