decarbonization News — GMK Center https://gmk.center/en/tag/decarbonization/ This is an informational-analytical, discussion platform Wed, 03 Jun 2026 07:32:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png decarbonization News — GMK Center https://gmk.center/en/tag/decarbonization/ 32 32 <![CDATA[Ukrainian and European steel industries: different challenges and shared pressures]]> https://gmk.center/en/infographic/ukrainian-and-european-steel-industries-different-challenges-and-shared-pressures/ Wed, 03 Jun 2026 07:31:23 +0000 https://gmk.center/?post_type=infographic&p=124385 The steel industries of Ukraine and the European Union are facing serious challenges, but the nature of these challenges is very different. In the EU, the main agenda is green transformation. European steelmakers are under pressure to decarbonize, reduce emissions, and adjust to stricter climate regulations. In Ukraine, the priority is more basic and urgent: […]

The post Ukrainian and European steel industries: different challenges and shared pressures appeared first on GMK.

]]> <![CDATA[Germany’s steel industry is at a turning point – WV Stahl]]> https://gmk.center/en/news/germany-s-steel-industry-is-at-a-turning-point-wv-stahl/ Tue, 26 May 2026 12:12:43 +0000 https://gmk.center/?post_type=news&p=124102 Last year, Germany’s steel industry remained under significant pressure due to weak demand from key customers, rising imports, high energy costs, and challenges related to decarbonization. This is according to the annual report published by the German Steel Federation (WV Stahl). As WV Stahl President Gunnar Grebler noted, the German steel sector is at a […]

The post Germany’s steel industry is at a turning point – WV Stahl appeared first on GMK.

]]> <![CDATA[BHP is scaling back decarbonization projects at its iron ore operations – media reports]]> https://gmk.center/en/news/bhp-is-scaling-back-decarbonization-projects-at-its-iron-ore-operations-media-reports/ Tue, 26 May 2026 09:00:34 +0000 https://gmk.center/?post_type=news&p=124092 Mining company BHP Group is scaling back key decarbonization projects at its iron ore operations in Western Australia. Bloomberg reports this, citing leaked internal documents reviewed by The Guardian and Four Corners. In doing so, the company is slowing down the climate strategy it had positioned as central to its long-term growth plans, the agency […]

The post BHP is scaling back decarbonization projects at its iron ore operations – media reports appeared first on GMK.

]]> <![CDATA[SSAB calls for improvements to the permitting process in Sweden]]> https://gmk.center/en/news/ssab-calls-for-improvements-to-the-permitting-process-in-sweden/ Mon, 25 May 2026 12:48:51 +0000 https://gmk.center/?post_type=news&p=124045 Johnny Sjöström, CEO of the steel company SSAB, is calling for the acceleration of the permitting process for industrial investments in Sweden. He made his position known after the company announced a delay in obtaining environmental permits for its planned electric arc furnace in Oxelösund. Sjöström notes the absurdity of the fact that the electrification […]

The post SSAB calls for improvements to the permitting process in Sweden appeared first on GMK.

]]> <![CDATA[Sidenor is investing in the decarbonization of steel production in Basauri]]> https://gmk.center/en/news/sidenor-is-investing-in-the-decarbonization-of-steel-production-in-basauri/ Wed, 20 May 2026 09:02:21 +0000 https://gmk.center/?post_type=news&p=123871 The Spanish steelmaker Sidenor is implementing an investment plan to decarbonize its Basauri plant, aimed at reducing greenhouse gas emissions and improving the energy efficiency of its production. The projects are being carried out as part of the PERTE de Descarbonización Industrial 2024 program, according to a press release. The plan includes two key areas: […]

The post Sidenor is investing in the decarbonization of steel production in Basauri appeared first on GMK.

]]> <![CDATA[New ETS targets will hit energy-intensive industries – BDG]]> https://gmk.center/en/news/new-ets-targets-will-hit-energy-intensive-industries-bdg/ Mon, 18 May 2026 10:14:09 +0000 https://gmk.center/?post_type=news&p=123775 The new ETS benchmarks presented by the European Commission, which call for a reduction in the benchmarks for free allocation of allowances as early as this year, send a disastrous signal to Europe’s energy-intensive industries. This is stated in a press release from the Federal Association of the German Foundry Industry (BDG). As noted, European […]

The post New ETS targets will hit energy-intensive industries – BDG appeared first on GMK.

]]> <![CDATA[Stegra has secured access to €1.5 billion in loans to complete the construction of the plant]]> https://gmk.center/en/news/stegra-has-secured-access-to-e1-5-billion-in-loans-to-complete-the-construction-of-the-plant/ Thu, 14 May 2026 12:42:42 +0000 https://gmk.center/?post_type=news&p=123681 The Swedish company Stegra has reached an agreement with its creditors to unlock approximately €1.5 billion in unused credit lines to complete construction of the world’s largest green steel plant. Together with recently secured equity financing, this should ensure the continued implementation of the large-scale project in the city of Boden in northern Sweden. This […]

The post Stegra has secured access to €1.5 billion in loans to complete the construction of the plant appeared first on GMK.

]]> <![CDATA[The European Parliament has begun discussing a CBAM deferral for Ukraine]]> https://gmk.center/en/news/the-european-parliament-has-begun-discussing-a-cbam-deferral-for-ukraine/ Wed, 13 May 2026 09:46:53 +0000 https://gmk.center/?post_type=news&p=123593 At a meeting of the European Parliament’s Committee on the Environment, Public Health and Food Safety (ENVI), MEPs publicly raised the issue of a special approach toward Ukraine under Carbon Border Adjustment Mechanism (CBAM) for the first time. The discussion followed the rejection of a request to postpone CBAM implementation for Ukraine. This is noted […]

The post The European Parliament has begun discussing a CBAM deferral for Ukraine appeared first on GMK.

]]> <![CDATA[Business associations have called on the EC to adopt a special CBAM approach for Ukraine]]> https://gmk.center/en/news/business-associations-have-called-on-the-ec-to-adopt-a-special-cbam-approach-for-ukraine/ Wed, 13 May 2026 07:53:10 +0000 https://gmk.center/?post_type=news&p=123580 The Ukrainian Union of Industrialists and Entrepreneurs (UUIE), Ukrmetallurgprom, the Union of Chemists of Ukraine, the Ukrcement Association, and the All-Ukrainian Union of Building Materials Manufacturers have appealed to European Commission President Ursula von der Leyen, calling for a special approach to the application of the Carbon Border Adjustment Mechanism (CBAM) with regard to Ukraine. […]

The post Business associations have called on the EC to adopt a special CBAM approach for Ukraine appeared first on GMK.

]]> <![CDATA[The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances]]> https://gmk.center/en/news/the-ec-proposes-updating-the-parameters-of-the-eu-ets-industry-will-receive-more-free-allowances/ Tue, 12 May 2026 11:19:28 +0000 https://gmk.center/?post_type=news&p=123538 The European Commission (EC) has proposed updated emission caps for the EU Emissions Trading System (EU ETS) for the period 2026–2030. The proposal calls for the allocation of a greater number of free emission allowances to industry over the next few years, which could potentially save companies €4 billion in CO2 emission costs. This is […]

The post The EC proposes updating the parameters of the EU ETS: industry will receive more free allowances appeared first on GMK.

]]> <![CDATA[The Ukrainian steel industry and European integration: areas of conflict]]> https://gmk.center/en/opinion/the-ukrainian-steel-industry-and-european-integration-areas-of-conflict/ Tue, 12 May 2026 06:02:19 +0000 https://gmk.center/?post_type=opinion&p=123509 The Ukrainian steel industry has found itself at the center of regulatory and trade transformations linked to the country’s push toward European integration. During his speech at the forum “Regional dialogues with business on European integration: the steel sector,” Deputy Prime Minister Taras Kachka outlined the key challenges: from quota disputes and the CBAM mechanism […]

The post The Ukrainian steel industry and European integration: areas of conflict appeared first on GMK.

]]> <![CDATA[Decarbonization of the global steel industry is at risk due to the blast furnace production expansion – GEM]]> https://gmk.center/en/news/decarbonization-of-the-global-steel-industry-is-at-risk-due-to-the-blast-furnace-production-expansion-gem/ Mon, 11 May 2026 10:45:53 +0000 https://gmk.center/?post_type=news&p=123483 The green transition of the global steel industry is under threat due to the high costs of coal-based production and insufficient investment in environmentally friendly methods. This is reported by Bloomberg, citing a study by Global Energy Monitor (GEM). According to the GEM report, approximately 319 million tons of annual capacity for coal-fired blast furnaces […]

The post Decarbonization of the global steel industry is at risk due to the blast furnace production expansion – GEM appeared first on GMK.

]]> <![CDATA[The EU has allocated over €1 billion to hydrogen projects aimed at decarbonization]]> https://gmk.center/en/news/the-eu-has-allocated-over-e1-billion-to-hydrogen-projects-aimed-at-decarbonization/ Sat, 09 May 2026 06:56:53 +0000 https://gmk.center/?post_type=news&p=123454 The European Commission (EC) has allocated over €1 billion to the development of hydrogen energy, selecting nine projects as part of the European Hydrogen Bank’s third call for proposals. The initiative aims to accelerate the decarbonization of industry and strengthen the EU’s energy independence, according to a press release. The projects will be implemented in […]

The post The EU has allocated over €1 billion to hydrogen projects aimed at decarbonization appeared first on GMK.

]]> <![CDATA[Germany will allocate €5 billion for the decarbonization of heavy industry]]> https://gmk.center/en/news/germany-will-allocate-e5-billion-for-the-decarbonization-of-heavy-industry/ Wed, 06 May 2026 13:09:32 +0000 https://gmk.center/?post_type=news&p=123358 Germany will allocate €5 billion ($5.8 billion) in financial aid to energy-intensive industries to help them adopt low-carbon technologies. Bloomberg reported this, citing a statement from the German Ministry of Economics. Although the amount available for this year is less than the €6 billion previously allocated, it is crucial to helping Europe’s largest economy reduce […]

The post Germany will allocate €5 billion for the decarbonization of heavy industry appeared first on GMK.

]]> <![CDATA[Caroline Ashley: «There are no winners yet in the race toward decarbonization»]]> https://gmk.center/en/interview/caroline-ashley-there-are-no-winners-yet-in-the-race-toward-decarbonization/ Mon, 04 May 2026 06:00:45 +0000 https://gmk.center/?post_type=interview&p=123127 SteelWatch, an international nonprofit organization promoting the decarbonization of the steel industry, recently released the first corporate scorecard for this process. The assessment covered 18 leading steel companies operating in 29 countries. In an interview with GMK Center, Caroline Ashley, Executive Director of SteelWatch, discussed whether there are already leaders in the transformation process, why […]

The post Caroline Ashley: «There are no winners yet in the race toward decarbonization» appeared first on GMK.

]]> <![CDATA[POSCO and Electra will develop technologies for producing clean iron]]> https://gmk.center/en/news/posco-and-electra-will-develop-technologies-for-producing-clean-iron/ Sat, 02 May 2026 07:37:33 +0000 https://gmk.center/?post_type=news&p=123200 South Korean steelmaker POSCO has signed a joint development agreement (JDA) with U.S. climate technology company Electra to scale up clean iron production technologies. At the same time, POSCO Investment, the group’s corporate venture capital arm, announced an investment in Electra, underscoring the group’s strategic interest in decarbonizing the steel industry. This was reported in […]

The post POSCO and Electra will develop technologies for producing clean iron appeared first on GMK.

]]> <![CDATA[ArcelorMittal has revised its long-term decarbonization strategy]]> https://gmk.center/en/news/arcelormittal-has-revised-its-long-term-decarbonization-strategy/ Tue, 28 Apr 2026 08:25:36 +0000 https://gmk.center/?post_type=news&p=123041 Global mining and steel company ArcelorMittal has revised its long-term decarbonization strategy, acknowledging that the energy transition has proven to be significantly more complex than previously anticipated. At the same time, the company reaffirmed its commitment to achieving carbon neutrality by 2050. This is stated in the 2025 sustainability report. The company noted that economic, […]

The post ArcelorMittal has revised its long-term decarbonization strategy appeared first on GMK.

]]> <![CDATA[Stegra and Sunfire propose revising the Industrial Accelerator Act]]> https://gmk.center/en/news/stegra-and-sunfire-propose-revising-the-industrial-accelerator-act/ Mon, 27 Apr 2026 10:18:15 +0000 https://gmk.center/?post_type=news&p=123004 Swedish green steel startup Stegra and electrolyzer producer Sunfire believe that the European Industrial Accelerator Act (IAA) needs to be revised, returning to the initial stage, in order to accelerate the decarbonization of the industry, according to Kallanish. This was discussed during a webinar organized by Hydrogen Europe. Stegra’s Director of Public Relations, Ola Hansen, […]

The post Stegra and Sunfire propose revising the Industrial Accelerator Act appeared first on GMK.

]]> <![CDATA[ANNOUNCEMENT: Future Steel Forum 2026]]> https://gmk.center/en/news/announcement-future-steel-forum-2026/ Mon, 20 Apr 2026 11:05:55 +0000 https://gmk.center/?post_type=news&p=122734 The Future Steel Forum 2026, organized by Steel Times International, will take place on June 3–4, 2026, in Bologna, Italy. The event will bring together innovators, decision-makers, and technology leaders from the global steel industry. This flagship conference explores the future of the steel industry with a focus on digital transformation, smart manufacturing, sustainability, and […]

The post ANNOUNCEMENT: Future Steel Forum 2026 appeared first on GMK.

]]> <![CDATA[Nippon Steel has begun the transition to EAF at its Kyushu Works facility]]> https://gmk.center/en/news/nippon-steel-has-begun-the-transition-to-eaf-at-its-kyushu-works-facility/ Fri, 17 Apr 2026 10:08:28 +0000 https://gmk.center/?post_type=news&p=122688 Japanese steelmaker Nippon Steel has begun transitioning from blast furnace production to electric arc furnace (EAF) production at its Kyushu Works facility, marking a significant step in its decarbonization strategy. This was reported by Japan Metal Daily. The new EAF will have a capacity of approximately 2 million tons per year and is expected to […]

The post Nippon Steel has begun the transition to EAF at its Kyushu Works facility appeared first on GMK.

]]> <![CDATA[How CBAM is reshaping Centravis’s position in the European market]]> https://gmk.center/en/opinion/how-cbam-is-reshaping-centravis-s-position-in-the-european-market/ Fri, 10 Apr 2026 06:39:38 +0000 https://gmk.center/?post_type=opinion&p=122468 CBAM is becoming a critical factor for Ukrainian exporters, particularly for Centravis, whose business relies heavily on the EU market. The new requirements have not only created financial risks but also increased pressure from customers, competitors, and the regulatory environment. This was reported by Centravis Strategic Planning Manager Luca Di Santo during the roundtable discussion […]

The post How CBAM is reshaping Centravis’s position in the European market appeared first on GMK.

]]> <![CDATA[Western Australia has approved POSCO’s plan to build an HBI plant]]> https://gmk.center/en/news/western-australia-has-approved-posco-s-plan-to-build-an-hbi-plant/ Thu, 09 Apr 2026 10:42:03 +0000 https://gmk.center/?post_type=news&p=122440 The Western Australian state government has approved a proposal by South Korean firm POSCO Holdings to build a plant for the production of low-carbon hot-briquetted iron (HBI) at the Port Hedland export hub, Bloomberg reports. The project is valued at 4.3 billion Australian dollars ($3 billion) and, once completed, will have an annual production capacity […]

The post Western Australia has approved POSCO’s plan to build an HBI plant appeared first on GMK.

]]> <![CDATA[BIR has criticized the «sliding scale» methodology for assessing decarbonization in the steel industry]]> https://gmk.center/en/news/bir-has-criticized-the-sliding-scale-methodology-for-assessing-decarbonization-in-the-steel-industry/ Thu, 09 Apr 2026 08:31:32 +0000 https://gmk.center/?post_type=news&p=122424 The Bureau of International Recycling (BIR) has spoken out against the “sliding scale” methodology and claims that it encourages the use of scrap in the steel industry. The organization strongly supports climate standards for steel that accurately measure carbon emissions. “We collectively warn that recent public communications claiming the “sliding scale” methodology incentivises the use […]

The post BIR has criticized the «sliding scale» methodology for assessing decarbonization in the steel industry appeared first on GMK.

]]> <![CDATA[SSAB has temporarily suspended construction of a new plant in Luleå]]> https://gmk.center/en/news/ssab-has-temporarily-suspended-construction-of-a-new-plant-in-lulea/ Wed, 08 Apr 2026 09:08:27 +0000 https://gmk.center/?post_type=news&p=122383 Swedish steelmaker SSAB has announced a temporary suspension of construction work at its new steel mill in Luleå, according to SteelOrbis. This step was taken after several subcontractor employees reported symptoms resembling illness—the first confirmed cases appeared in early April. As a precautionary measure, all work at the site has been halted—partial shutdowns had previously […]

The post SSAB has temporarily suspended construction of a new plant in Luleå appeared first on GMK.

]]> <![CDATA[The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry]]> https://gmk.center/en/posts/the-first-few-months-of-cbam-implementation-have-already-had-a-negative-impact-on-the-ukrainian-steel-industry/ Wed, 08 Apr 2026 05:30:25 +0000 https://gmk.center/?post_type=posts&p=122336 The European Carbon Border Adjustment Mechanism (CBAM) has become one of the most pressing threats to Ukraine’s iron and steel sector. Despite warnings from members of parliament, industry associations, and think tanks, the Ukrainian government has failed to convince the European Commission that Ukraine needs a delay in the implementation of CBAM or an exemption […]

The post The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry appeared first on GMK.

]]> <![CDATA[ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector]]> https://gmk.center/en/news/arcelormittal-has-completed-a-1-1-billion-investment-in-brazil-s-green-energy-sector/ Tue, 07 Apr 2026 08:16:39 +0000 https://gmk.center/?post_type=news&p=122323 ArcelorMittal Brasil has completed a $1.1 billion investment program in its own renewable energy generation in the country following the commissioning of a solar park at the Babilônia Centro complex in the municipality of Varzea Nova, Bahia state. The new 200-MW plant began operations in March of this year, according to a press release. The […]

The post ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector appeared first on GMK.

]]> <![CDATA[Leading global steel producers are lagging significantly behind in decarbonization efforts]]> https://gmk.center/en/news/leading-global-steel-producers-are-lagging-significantly-behind-in-decarbonization-efforts/ Wed, 01 Apr 2026 08:00:48 +0000 https://gmk.center/?post_type=news&p=122136 Leading global steel producers are lagging behind in decarbonization efforts despite their stated long-term goals. This is evidenced by the first corporate scorecard released by the international non-profit organization SteelWatch. SteelWatch assessed 18 leading steel companies operating in 29 countries. The organization’s corporate ranking includes SSAB, thyssenkrupp, ArcelorMittal, Ternium, JSW, Cleveland-Cliffs, NLMK, US Steel, Gerdau, […]

The post Leading global steel producers are lagging significantly behind in decarbonization efforts appeared first on GMK.

]]> <![CDATA[German steelmakers supported the government’s new climate protection program]]> https://gmk.center/en/news/german-steelmakers-supported-the-government-s-new-climate-protection-program/ Thu, 26 Mar 2026 12:23:18 +0000 https://gmk.center/?post_type=news&p=121918 German steelmakers have endorsed the new Climate Action Program (Klimaschutzprogramm 2026, KSP) adopted by the German government, though they emphasize the importance of properly implementing the proposed measures. This is stated in a press release from the German Steel Industry Association (WV Stahl). As Kerstin Maria Rippel, CEO of WV Stahl, noted, the KSP 2026 […]

The post German steelmakers supported the government’s new climate protection program appeared first on GMK.

]]> <![CDATA[Iron ore companies may face additional fuel costs – Fortescue]]> https://gmk.center/en/news/iron-ore-companies-may-face-additional-fuel-costs-fortescue/ Tue, 24 Mar 2026 08:09:50 +0000 https://gmk.center/?post_type=news&p=121752 Iron ore companies risk incurring billions of dollars in additional costs if diesel prices continue to rise. This was stated by Dino Otranto, Fortescue’s chief executive officer of steel industry and operations, according to Reuters. The escalation of the conflict in the Middle East has virtually halted shipments through the Strait of Hormuz, leading to […]

The post Iron ore companies may face additional fuel costs – Fortescue appeared first on GMK.

]]> <![CDATA[EU regulations pose a challenge for Ukrainian industry – Metinvest]]> https://gmk.center/en/news/eu-regulations-pose-a-challenge-for-ukrainian-industry-metinvest/ Tue, 17 Mar 2026 10:53:50 +0000 https://gmk.center/?post_type=news&p=121479 Currently, the European Union expects Ukraine to implement European legislation; however, this could pose serious challenges for certain industries, particularly the steel industry, which may be at risk due to stringent regulatory requirements. This was stated by Olexander Vodoviz, Head of the CEO’s Office at Metinvest, during the event “Dialogues on the Future: Business and […]

The post EU regulations pose a challenge for Ukrainian industry – Metinvest appeared first on GMK.

]]> <![CDATA[Europe must be open to reviewing the carbon market – Merz]]> https://gmk.center/en/news/europe-must-be-open-to-reviewing-the-carbon-market-merz/ Fri, 13 Feb 2026 08:19:06 +0000 https://gmk.center/?post_type=news&p=120066 The European Union should be open to revising or postponing its carbon market if it does not contribute to the transition of industry to clean production. This was stated by German Chancellor Friedrich Merz, according to Bloomberg. The agency notes that this issue is currently at the forefront of the bloc’s agenda, as the European […]

The post Europe must be open to reviewing the carbon market – Merz appeared first on GMK.

]]> <![CDATA[EU environmental policy hinders industrial development – Federacciai president]]> https://gmk.center/en/news/eu-environmental-policy-hinders-industrial-development-federacciai-president/ Thu, 12 Feb 2026 15:32:30 +0000 https://gmk.center/?post_type=news&p=120056 The EU’s environmental policy is blocking industrial development. This opinion was expressed in an editorial in the Italian newspaper Il Foglio by Antonio Gozzi, president of the Italian steel manufacturers’ association Federacciai. In his statement, Gozzi called for a thorough review of the ETS system. He stressed that European efforts have failed to bring about […]

The post EU environmental policy hinders industrial development – Federacciai president appeared first on GMK.

]]> <![CDATA[European industry needs to revise the Green Deal – Moravia Steel]]> https://gmk.center/en/news/european-industry-needs-to-revise-the-green-deal-moravia-steel/ Tue, 10 Feb 2026 15:02:50 +0000 https://gmk.center/?post_type=news&p=119939 European industry needs to reevaluate the Green Deal and the ETS 1 emissions quota policy. This opinion was expressed by Petr Popelar, Chairman of the Board of Moravia Steel. “The sharp reduction in quota allocation must be reduced, and speculators who have nothing to do with the industry must be prevented from manipulating prices,” he […]

The post European industry needs to revise the Green Deal – Moravia Steel appeared first on GMK.

]]> <![CDATA[Oleksandr Kalenkov: «We reached an understanding on restricting scrap exports from Ukraine in Brussels»]]> https://gmk.center/en/interview/oleksandr-kalenkov-we-reached-an-understanding-on-restricting-scrap-exports-from-ukraine-in-brussels/ Tue, 10 Feb 2026 07:00:57 +0000 https://gmk.center/?post_type=interview&p=119820 The Ukrainian government’s decision to introduce a “zero” quota on ferrous scrap exports by the end of this year has provoked a very emotional and, as it turns out, completely irrational reaction from Poland. In an interview with GMK Center, Olexander Kalenkov, president of the Ukrmetallurgprom steel association, explains why this measure is critically important for […]

The post Oleksandr Kalenkov: «We reached an understanding on restricting scrap exports from Ukraine in Brussels» appeared first on GMK.

]]> <![CDATA[The Italian government will stimulate the production of stainless steel based on scrap metal]]> https://gmk.center/en/news/the-italian-government-will-stimulate-the-production-of-stainless-steel-based-on-scrap-metal/ Wed, 21 Jan 2026 13:23:55 +0000 https://gmk.center/?post_type=news&p=118998 The Italian government will encourage flat stainless steel producers to prioritize scrap-based production, according to Umbria24. According to Valentino Valentini, Italy’s Deputy Minister of Enterprise and Production, the 2026 budget law provides for an annual allocation of €35 million (until 2028) as a subsidy for companies that produce stainless steel, mainly using scrap and recycled […]

The post The Italian government will stimulate the production of stainless steel based on scrap metal appeared first on GMK.

]]> <![CDATA[The EU should abolish steel quotas for countries with environmentally sustainable production – Fuat Tosyalı]]> https://gmk.center/en/news/the-eu-should-abolish-steel-quotas-for-countries-with-environmentally-sustainable-production-fuat-tosali/ Wed, 21 Jan 2026 09:23:05 +0000 https://gmk.center/?post_type=news&p=118973 Fuat Tosyali, chairman of the board of Turkish Tosyali Holding, called on the European Union to abolish steel import quotas for countries with environmentally sustainable production, such as Turkey and Algeria. He made this statement on the sidelines of the World Economic Forum in Davos, according to Daily Sabah. Tosyalı believes that the EU should […]

The post The EU should abolish steel quotas for countries with environmentally sustainable production – Fuat Tosyalı appeared first on GMK.

]]> <![CDATA[Tata Steel invests $1.2 billion in green steel technology in Jharkhand]]> https://gmk.center/en/news/tata-steel-invests-1-2-billion-in-green-steel-technology-in-jharkhand/ Tue, 20 Jan 2026 14:21:25 +0000 https://gmk.center/?post_type=news&p=118952 Indian steelmaker Tata Steel and the government of Jharkhand signed a letter of intent and memorandum of understanding at the World Economic Forum in Davos to invest more than 11.1 billion rupees ($1.2 billion) in cutting-edge green steel technology in the region. This was reported by The Statesman. The proposed investments include the introduction of […]

The post Tata Steel invests $1.2 billion in green steel technology in Jharkhand appeared first on GMK.

]]> <![CDATA[Industrial policy should already be the focus of attention — Metinvest CEO]]> https://gmk.center/en/news/industrial-policy-should-already-be-the-focus-of-attention-metinvest-ceo/ Mon, 19 Jan 2026 13:44:20 +0000 https://gmk.center/?post_type=news&p=118878 Industrial policy must now be the focus of attention and become the subject of daily work that will unite private business and the state. Otherwise, even after the war ends, Ukraine will not be able to revive its industrial power. This opinion was expressed by Yuriy Ryzhenkov, CEO of Metinvest Group, in his column for […]

The post Industrial policy should already be the focus of attention — Metinvest CEO appeared first on GMK.

]]> <![CDATA[Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO]]> https://gmk.center/en/news/restrictions-on-scrap-exports-are-a-prerequisite-for-the-development-of-eaf-capacities-in-ukraine-metinvest-resource-s-ceo/ Fri, 09 Jan 2026 15:05:25 +0000 https://gmk.center/?post_type=news&p=118460 Metinvest Group plans to increase steel production by 300,000–500,000 tons this year, which will require an increase in scrap metal consumption. The company expects the Ukrainian scrap market to be in deficit in 2026. The lack of a long-term state policy on export restrictions will significantly reduce the likelihood of new electric steel melting capacities […]

The post Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO appeared first on GMK.

]]> <![CDATA[2025 for carbon markets: new launches and plans]]> https://gmk.center/en/infographic/2025-for-carbon-markets-new-launches-and-plans/ Fri, 09 Jan 2026 10:00:18 +0000 https://gmk.center/?post_type=infographic&p=118254 This year, with the final implementation of the European CBAM approaching and countries striving to meet their own climate targets, various countries have intensified their efforts to introduce their own carbon markets or analogues of this mechanism and improve existing schemes. The introduction/improvement of carbon mechanisms is one of the means of creating conditions for […]

The post 2025 for carbon markets: new launches and plans appeared first on GMK.

]]> <![CDATA[Vallourec develops hydrogen storage solutions]]> https://gmk.center/en/news/vallourec-develops-hydrogen-storage-solutions/ Fri, 09 Jan 2026 08:08:01 +0000 https://gmk.center/?post_type=news&p=118253 French pipe manufacturer Vallourec will collaborate with Geostock, a company specializing in underground energy storage, to develop infrastructure solutions for the energy transition. This was announced in a statement by Vallourec. The parties signed a memorandum of understanding in December 2025. They will collaborate on infrastructure for hydrogen storage, carbon capture, utilization, and storage (CCUS). […]

The post Vallourec develops hydrogen storage solutions appeared first on GMK.

]]> <![CDATA[Decarbonizing iron ore mining: strategies from global leaders]]> https://gmk.center/en/infographic/decarbonizing-iron-ore-mining-strategies-from-global-leaders/ Thu, 08 Jan 2026 09:30:05 +0000 https://gmk.center/?post_type=infographic&p=117654 Major iron ore producers are actively pursuing decarbonization across their operations (Scope 1 and 2) and value chains (Scope 3). This is evidenced by analysis of 2024 sustainability reports of companies. Iron ore companies focus on diesel displacement in mining (via battery-electric or hydrogen fuel-cell haul trucks), renewable energy integration (solar, wind, hydro, battery storage) […]

The post Decarbonizing iron ore mining: strategies from global leaders appeared first on GMK.

]]> <![CDATA[The government has set zero quotas for scrap exports from Ukraine for 2026]]> https://gmk.center/en/news/the-government-has-set-zero-quotas-for-scrap-exports-from-ukraine-for-2026/ Thu, 01 Jan 2026 17:47:58 +0000 https://gmk.center/?post_type=news&p=118417 On December 31, the government set zero export quotas for 2026 on the export of ferrous metal scrap (code 7204) and copper scrap (code 7404 00) from Ukraine. This was announced by Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development. According to the parliamentarian, it is profitable for the state to […]

The post The government has set zero quotas for scrap exports from Ukraine for 2026 appeared first on GMK.

]]> <![CDATA[ArcelorMittal has invested €245 million in decarbonization in France over 10 years]]> https://gmk.center/en/news/arcelormittal-has-invested-e245-million-in-decarbonization-in-france-over-10-years/ Thu, 01 Jan 2026 08:45:58 +0000 https://gmk.center/?post_type=news&p=118040 ArcelorMittal Méditerranée invested nearly €245 million in environmental protection and ecological projects at its sites in France between 2014 and 2024. This is stated in the corporate newsletter L’acier & vous. During this period, the company managed to reduce the overall environmental impact of its production by approximately 71%, particularly in terms of nitrogen and […]

The post ArcelorMittal has invested €245 million in decarbonization in France over 10 years appeared first on GMK.

]]> <![CDATA[M Resources to collaborate with Hazer Group on potential acquisition of Whyalla plant]]> https://gmk.center/en/news/m-resources-to-collaborate-with-hazer-group-on-potential-acquisition-of-whyalla-plant/ Fri, 26 Dec 2025 09:28:09 +0000 https://gmk.center/?post_type=news&p=118362 Australian mining company M Resources has signed a memorandum of understanding (MoU) with clean technology developer Hazer Group Limited to jointly pursue a potential bid for the Whyalla steelworks, SteelOrbis reports. Under the agreement, the parties will work together to include Hazer’s methane pyrolysis technology in the proposed bid. They will position this proposal as […]

The post M Resources to collaborate with Hazer Group on potential acquisition of Whyalla plant appeared first on GMK.

]]>