decarbonization - Latest news GMK Center

The company signed an agreement with OQ Alternative Energy to supply power to the factory in Sohar

New energy-efficient rolling mill operates without emissions and supports the green industry

Company invests €1.2 billion in electric arc furnace amid support from French government and new EU policies

Steelmakers face an «unexpected» problem of expensive energy and immature technologies

The system is voluntary, and the country aims to certify steel for the processing industry

The total funding is currently $214 million

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

Introduction of scrap exports restrictions becomes a new trend

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

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

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

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