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decarbonization - Latest news GMK Center

Photo – Tata Steel to proceed with proposed restructuring in Port Talbot
Tata Steel to proceed with proposed restructuring in Port Talbot

The unions' alternative plan has been rejected due to additional costs of £1.6bn

Photo – Why Ukrainian businesses need to start the green transition now
Why Ukrainian businesses need to start the green transition now

Back in 2012, Interpipe built a modern electric arc furnace complex and reduced greenhouse gas emissions by 10 times

Photo – China’s Baowu Group takes steps to reduce carbon emissions
China’s Baowu Group takes steps to reduce carbon emissions

The enterprises of the group implement relevant projects

Photo – Voestalpine produces world’s first green wire rod at Donawitz plant
Voestalpine produces world’s first green wire rod at Donawitz plant

The product is made from hydrogen-reduced iron and scrap

Photo – Australia allocates $39 million for research in hydrogen and green steel
Australia allocates $39 million for research in hydrogen and green steel

Research groups, start-ups and companies will receive the funds

Photo – Emissions under the EU ETS decreased by a record 15.5% y/y in 2023
Emissions under the EU ETS decreased by a record 15.5% y/y in 2023

In energy-intensive industries, emissions decreased by approximately 7% y/y

Photo – Decarbonization of the German steel industry requires political decisions – Salzgitter
Decarbonization of the German steel industry requires political decisions – Salzgitter

Germany, in particular, does not yet have a regulatory framework for the development of hydrogen infrastructure

Photo – CBAM will increase the export value of Chinese steel products by 4-6%
CBAM will increase the export value of Chinese steel products by 4-6%

Chinese experts see green transformation of steel industry as key to industry growth

Photo – British Steel receives permission to build EAF in Teesside
British Steel receives permission to build EAF in Teesside

The application for another electric arc furnace in Scantop will be considered in the near future

Photo – European steel industry should better justify decarbonization – Tata Steel CEO
European steel industry should better justify decarbonization – Tata Steel CEO

EU steel producers, in the midst of technological change, find themselves in a difficult situation

Photo – Swedish SSAB will build an environmentally friendly mini-plant in Luleå
Swedish SSAB will build an environmentally friendly mini-plant in Luleå

The implementation of the project involves stopping the current production system based on the blast furnace

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