Steel may exist as a critical product in today’s global economy, but it’s also a significant source of carbon emissions. What kind of a role could green steel play in the path towards net zero? In this week’s podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), delves into this theme, wherein he discusses why green hydrogen-based steel – a market that already exists in Europe and will likely be made more attractive with the EU’s Carbon Border Adjustment Mechanism – may offer a key route for the monetisation of the Middle East’s unparalleled renewables prospects.
The MUFG Global Markets Podcast can be found directly on our MUFG Podbean page or via a number of platforms, including Spotify, Apple, and Stitcher.