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PwC: Blast furnaces to disappear from Europe by end of next decade
📈 Business

PwC: Blast furnaces to disappear from Europe by end of next decade

PwC analysts forecast that traditional blast-furnace steelmaking will cease to be viable in Europe by the end of next decade at the latest. Mirosław Motyka, president of the Steel Industry Chamber of Commerce, acknowledges that fundamental technological change in the sector is inevitable. Europe's steel industry faces a forced transition to new production technologies.

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