Assumptions: Based on $342/t coal, $9.7/GJ natural gas, starting electrolyzer, solar, and wind capex costs of $670/kW, $1000/kW, and $1340/kW, respectively. Brownfield reline of BF-BOF and greenfield DRI-EAF capital costs assumed. Representative plant location in Ohio assumed. Note: today’s metallics prices are higher than those showcased in this graphic. However, given that change would apply across archetypes, historic prices displayed for consistency between graphics.