decarbonization - Latest news GMK Center

The plans will focus on increasing the integration of renewable energy sources in the industry

Zerobucket EAF was put into operation at Qiananshi Jiujiang, Zhejiang Yuxin, Heyuan Derun, Baoshan I&S and Baosteel Xinyu plants

The company is ready to demonstrate openness in the gradual formation of its ESG strategy, starting from the first stage – the ecopolicy project

In addition, it is planned to present a strategy for the development of the country's steel industry in the spring of 2025

The country will also consider state procurement of such steel products

The EU steel industry has a huge unrealized potential to increase scrap consumption to meet the goals of reducing carbon emissions and developing a circular economy

The new agreement expands the cooperation between the parties and the trial work started during the last year

Diesel emissions currently account for 15% of Vale's direct CO2 emissions

The initiative allows to reduce CO2 emissions from road transport by about 90%

By the end of 2030, the company plans to reduce CO2 emissions by 55% compared to 1990

A solar power plant with a capacity of 4.1 million kWh is being built on the roof of the enterprise

The agreement is designed for seven years and will come into effect in 2027