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Urgent Call for Government Support to Save Tata Steel IJmuiden from Financial Crisis

Tata Steel IJmuiden faces a significant financial crisis, requiring billions in government support to reduce CO2 emissions and avoid job losses. As cheap Chinese steel and rising energy costs threaten European steelmakers, union leader Tuur Elzinga warns of potential job losses in the manufacturing sector. Meanwhile, negotiations are underway for customized agreements to transition to green hydrogen. The urgency of action is compounded by impending emissions regulations and the need for a sustainable business model for green steel in the Netherlands.

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