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decarbonization - Latest news GMK Center

Photo – LKAB has received a permit to build a sponge iron plant
LKAB has received a permit to build a sponge iron plant

The company calls the decision the foundation for its long-term plans

Photo – China Baowu and Rio Tinto have completed trials of direct reduction using Pilbara Blend ore
China Baowu and Rio Tinto have completed trials of direct reduction using Pilbara Blend ore

The tests took place in China as part of the companies’ ongoing partnership on decarbonisation

Photo – Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025
Baosteel invested 3.2 billion yuan in energy conservation and decarbonisation in 2025

The company has reduced its annual carbon emissions by over 2 million tonnes

Photo – The EC has approved an Austrian aid scheme worth €100 million to support clean technologies
The EC has approved an Austrian aid scheme worth €100 million to support clean technologies

The initiative will complement another programme approved at the end of last year

Photo – Ukrainian and European steel industries: different challenges and shared pressures
Ukrainian and European steel industries: different challenges and shared pressures

Energy, trade, and investment pressures are creating new opportunities for cooperation

Photo – Germany’s steel industry is at a turning point – WV Stahl
Germany’s steel industry is at a turning point – WV Stahl

Stable framework conditions are necessary for investments in decarbonization and technological modernization

Photo – SSAB calls for improvements to the permitting process in Sweden
SSAB calls for improvements to the permitting process in Sweden

The biggest obstacle for the industry is the unpredictability of regulations

Photo – Sidenor is investing in the decarbonization of steel production in Basauri
Sidenor is investing in the decarbonization of steel production in Basauri

The company will automate its processes and implement digital energy consumption monitoring

Photo – New ETS targets will hit energy-intensive industries – BDG
New ETS targets will hit energy-intensive industries – BDG

The industry association is calling for real market conditions to be taken into account

Photo – Stegra has secured access to €1.5 billion in loans to complete the construction of the plant
Stegra has secured access to €1.5 billion in loans to complete the construction of the plant

Previously, access to part of the funds had been blocked due to failure to meet certain conditions and complete specific project milestones

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