decarbonization

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SSAB presented its development strategy until 2030

The company plans to increase profits thanks to the green transition and premium products

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Outokumpu and Fortum will work on the decarbonization of steel production

Companies will explore the possibility of power supply using small modular reactors

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BHP and China’s HBIS will jointly test carbon capture

The latest cooperation agreement provides for investments in the amount of up to $15 million over three years

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Voestalpine plans to invest €1.5 billion in the decarbonization of capacities

The company intends to allocate funds to the construction of two electric arc furnaces at the plants in Linz and Donavitsa by 2027

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Vale produced commercial volumes of pellets without the use of coal for the first time

For the production of products, instead of traditional fossil raw materials, the company used biochar obtained from biomass

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Germany cut its scrap exports to a 13-year low in 2022

During the year, German scrap processors shipped 7.7 million tons of scrap

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German industry reduced greenhouse gas emissions by 10% in 2022

The decrease in carbon emissions in the industrial sector was mostly due to a decrease in production

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ThyssenKrupp chose Midrex Flex technology for the new DRI plant

The start-up of the plant is planned for the end of 2026

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Tata Steel plans to install induction furnaces at its Corby pipe plant

Due to the installation of the latest units, carbon emissions at the enterprise will be reduced by 2 thousand tons per year

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Acciaierie d’Italia’s decarbonisation may require additional funds

Investments in the amount of €8.2-8.9 billion may be required for the green transition of the plant in Taranto

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CMC Poland concluded long-term electricity purchase agreements with Statkraft

The companies have been cooperating for three years

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