EU steelmakers will work on their own environmental transition plan

The aim is to ensure the sustainability of the industry and compliance with the EU's overall transition to green and digital technologies
Thai exporters will have difficulty reporting under CBAM

Companies lack IT solutions for recording and determining the equivalent of carbon emissions
Ukraine needs a national strategy for the formation of emission quotas

After the war, the country may have the largest environmental credit in Europe for development
H2 Green Steel raised €1.5 billion for the construction of a plant in Sweden

The company notes that this is the largest private placement of shares in Europe this year

For 8 months 2023 European governments have announced €8.7 bln for decarbonization of the steel sector

47.6% of total funds (€4.1 bln) may be allocated to ArcelorMittal plants
ANNOUNCEMENT: Expert discussion «European experience for ETS implementing in Ukraine»

The EBA invites to join the discussion of the European experience for the introduction of the emissions trading system (ETS) in Ukraine
Acciaierie d’Italia to increase production of thick rolled products

This will contribute to the development of projects in the field of offshore wind energy
UK is in talks with Tata Steel about a $630 million aid package

The funding is earmarked for a steel plant in Port Talbot
Sweden’s Ovako launches a hydrogen plant at its Hofors plant

Thus, the company strengthens Sweden's position in the field of environmental innovation
Taiwan delays introduction of carbon tax until 2025

Previously, it was planned to levy a carbon tax from 2024, but due to a difficult decision in 2023, it was postponed for a year
In Africa, the plan is to launch the first plant for the production of «green» steel

Initial investment in the project is estimated at 600 million Namibian dollars
Australia’s steel importers have reservations about introducing a CBAM analogue

The industry association reminds that many countries are already working on the decarbonization of production

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