
Key takeaways
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Prospects for European cement and steel industries are mostly brighter on expectations of higher infrastructure-, energy- and defense-related spending.
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Emissions rules are evolving, but our investment professionals believe that the direction of travel toward tighter European regulations is unchanged.
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Low-carbon cement is commercially available in Europe and met with strong demand, while demand for low-carbon steel has been relatively muted.
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Cement producers and steelmakers with a thoughtful and well-planned approach to decarbonisation could establish a long-term competitive advantage.
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