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Why insurance needs to lead the green steel transition

Hot orange steel rolling process in a steel manufacturing industry. Hot rolling is a metalworking process used mainly to produce sheet metal or simple cross sections, such as rail tracks. Other typical uses for hot rolled metal includes truck frames, automotive wheels, pipe and tubular, water heaters, agriculture equipment, compressor shells, rail car components, wheel rims, metal buildings, railroad-hopper cars, doors, shelving, discs, guard rails, automotive clutch plates.

View from the Top: Ben Kinder, chief underwriting officer at Tokio Marine GX, argues steel’s green transition is being held back by insurers being brought in too late into the picture.

I recently found myself in Brussels, one of the only insurers in a room full of steel producers, industry associations and policymakers.

The 2026 edition of the World Steel Association’s Open Forum was

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