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The new 62 MW power unit will form part of the plant’s decarbonisation programme and is due to come on stream in 2030

Steel production in the country continues to hover at historically low levels, according to the industry association

Demand from the construction and automotive industries was unable to prevent market contraction

A reassessment of the policy on ETS emission quotas is also needed, according to the company's CEO

The key project is preparation for the construction of an EAF

The company cites unfavorable market prospects

A total of 32 companies will receive more than CZK 2 billion in support to maintain competitiveness

Industry association calls for action at national level

The company plans to modernize the enterprise and transition to more environmentally friendly steel production

The upgrade took 42 days, and the investment amounted to CZK 700 million

The company plans to invest and raise salaries, but at the same time is preparing for layoffs and changes in production

After several years of decline, the industry has returned to recovery