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decarbonization - Latest news GMK Center

Photo – JFE Steel invests $2.26 billion in the construction of an electric arc furnace in Japan
JFE Steel invests $2.26 billion in the construction of an electric arc furnace in Japan

The company announced the move after the approval of a government grant

Photo – Adina Renee Adler: GSCC’s standard is working towards actual decarbonization, not greenwashing
Adina Renee Adler: GSCC’s standard is working towards actual decarbonization, not greenwashing

GSCC is the steel climate solution – for manufacturers, for energy infrastructure, for the global economy

Photo – Tata Steel to lay off 1600 employees in the Netherlands as part of transformation
Tata Steel to lay off 1600 employees in the Netherlands as part of transformation

The company announced a large-scale restructuring to restore profitability and strengthen its position

Photo – Renewables accounted for 32% of global electricity in 2024 – Ember
Renewables accounted for 32% of global electricity in 2024 – Ember

The global share of wind and solar power is growing rapidly

Photo – SSAB to build a new cold rolling complex in Luleå
SSAB to build a new cold rolling complex in Luleå

This will contribute to a significant increase in the production of high-quality steel, in particular for the automotive industry

Photo – Węglokoks will receive PLN 50 million for the construction of a solar power plant on Huta Pokój
Węglokoks will receive PLN 50 million for the construction of a solar power plant on Huta Pokój

The investment is aimed at improving energy efficiency and reducing energy consumption from traditional sources

Photo – ArcelorMittal launches heat recovery system at Dąbrowa Górnicza plant
ArcelorMittal launches heat recovery system at Dąbrowa Górnicza plant

The project reduces CO2 emissions by 56 thousand tons and improves steel production efficiency

Photo – Swedish Ovako launches new energy-efficient furnace in Boxholm
Swedish Ovako launches new energy-efficient furnace in Boxholm

The unit reduces energy consumption by 50% and is ready to operate on hydrogen

Photo – EC approves €5 billion in state aid to Germany for decarbonization of industry
EC approves €5 billion in state aid to Germany for decarbonization of industry

Assistance will be provided through bilateral carbon contracts

Photo – GravitHy raises €60 million for green steel project
GravitHy raises €60 million for green steel project

French startup to invest in green steel and create 500 jobs

Photo – Australia to support new technologies for green steel industry
Australia to support new technologies for green steel industry

The government allocates 750 million Australian dollars for this purpose

Photo – Bundestag approves special fund for infrastructure and climate neutrality
Bundestag approves special fund for infrastructure and climate neutrality

German steelmakers see this as an opportunity to stimulate the economy

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