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decarbonization - Latest news GMK Center

Photo – SSAB raises €2.3 billion in green financing for Luleå plant
SSAB raises €2.3 billion in green financing for Luleå plant

Since the decision on the project was made, the company has already signed three green loan agreements

Photo – Is this the end of free scrap trade in the world?
Is this the end of free scrap trade in the world?

Introduction of scrap exports restrictions becomes a new trend

Photo – Hydnum Steel to receive €60 million to build green steel plant in the Pyrenees
Hydnum Steel to receive €60 million to build green steel plant in the Pyrenees

Spanish project to be funded under EU program to accelerate green transformation

Photo – ArcelorMittal Poland requires guarantees of cheap electricity to switch to the EAF
ArcelorMittal Poland requires guarantees of cheap electricity to switch to the EAF

The company is ready to switch to electric arc furnaces, but only if electricity prices are stable and competitive

Photo – Třinecké Železárny postpones key decarbonization plans
Třinecké Železárny postpones key decarbonization plans

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

Photo – EC approves €400 million in aid to Spain for green hydrogen production
EC approves €400 million in aid to Spain for green hydrogen production

The financing supports projects within the Hydrogen Bank and will contribute to the decarbonization of industry

Photo – Green transition in steel production faces uncertainty – ArcelorMittal
Green transition in steel production faces uncertainty – ArcelorMittal

The company will publish revised decarbonization forecasts in a more stable political environment

Photo – AMNS India plans to make 70% of its steel production green by 2027
AMNS India plans to make 70% of its steel production green by 2027

The company aims to be the first in India to receive three stars in the new environmental classification of steel

Photo – Emsteel increased spending on innovation and investment by 127% in 2020-2024
Emsteel increased spending on innovation and investment by 127% in 2020-2024

Company uses carbon capture and green hydrogen to decarbonize operations

Photo – Greensteel Australia to invest $1.6 billion in new steel plant
Greensteel Australia to invest $1.6 billion in new steel plant

The equipment will be supplied by Italian Danieli

Photo – Tenaris launched the first solar power park in Romania for the steel industry
Tenaris launched the first solar power park in Romania for the steel industry

A $21.5 million investment will partially power the steelmaking facility in Kehlerash with clean energy

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