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home / news releases / HJEN - Steel: To Tax Or Not To (Carbon) Tax


HJEN - Steel: To Tax Or Not To (Carbon) Tax

  • Global public opinion seems divided on whether or not to impose a “carbon tax” on the metal and mining sector. This goes double for steel.
  • Steel serves as one of the most widely-used building materials in the world. The process depends upon coking coal.
  • Steel producers will have to decide on a technologically and economically viable way to decrease their carbon footprint. Whether the use of hydrogen is the answer remains to be seen.

For further details see:

Steel: To Tax Or Not To (Carbon) Tax
Stock Information

Company Name: Direxion Hydrogen ETF
Stock Symbol: HJEN
Market: NYSE

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