Czech Republic - Latest news GMK Center

Producers call on the government and the EU to maintain the competitiveness of the steel industry

The union points out that the ambition to reduce emissions by 90% by 2040 is unrealistic and dangerous

The industry faces high energy prices and excessive regulation

The main share of sales was accounted for by wire – 941,000 tons, rolled steel – 471,000 tons, and rails – 241,000 tons

The investment project will increase the annual capacity of the enterprise to 18 thousand tons and reduce energy consumption

Czech steelmaker to complete construction of EAF and infrastructure no earlier than 2030

The PPA contract is currently agreed until the end of 2027

Czech company plans to build an electric furnace that will reduce CO2 emissions by 55%

The Antimonopoly Committee has given the green light to the acquisition of the company

The company achieved the best financial result in the last 15 years

Energy-intensive enterprises against overly ambitious climate goals without a clear strategy

Up to €150 million is planned to be invested in the modernization of the steel plant