decarbonization

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The green agreement between the US and the EU should affect Chinese steel production

The negotiations are aimed at establishing barriers for products produced with high carbon emissions

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Turkiye needs an emissions trading system aligned with the EU ETS

The country's steel industry has an advantage due to the extensive use of EAF

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Ukrainian business will offer the market concept for local emissions trading system

The analyst company GMK Center will be the executor of the study

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Arvedi launched the production of carbon-free steel

The company has already concluded an agreement for the supply of environmentally friendly steel to the Mercedes-Benz automobile company

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Ukraine is creating the State Fund for decarbonization and energy-efficient transformation

The corresponding law was signed by President Volodymyr Zelenskyi

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Ferrexpo estimates decarbonisation could cost up to $3.3 bln

Main part of investments will relate to implementation of green hydrogen and solar power technologies

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DRI d’Italia will build a DRI producing plant in Taranto

Construction should begin by July 2023

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Tata Steel began testing hydrogen injection into a blast furnace

Indian plant testing aims to reduce coke use and reduce carbon emissions

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Spain’s Iberdrola to supply green electricity to Salzgitter

Subsidiary Iberdrola to supply 114 MW over 15 years starting in 2024

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German industry will need €52 billion for decarbonization by 2050

Steel industry will require investments of €16.7 billion

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Ferrexpo set more ambitious decarbonization targets

The company intends to reduce Scope 1 and Scope 2 emissions by 50% till 2030

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Salzgitter received €1 billion in funding to decarbonize steel production

The first phase of the project is planned to be completed by the end of 2025

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