decarbonization - Latest news GMK Center

The first stage of decarbonization in the Netherlands involves the transition from coke production to DRI

7 projects aimed at decarbonization of the steel industry will receive $37 million

Financial institutions face increased financial and reputational risks

By 2030, the industry will need additional electricity for hydrogen electrolysis in the amount of 48 TWh

As a result, 2.8 thousand jobs will be lost, 2.5 thousand of them within the next 18 months

The conclusion will remain valid for several years

The funds will be used to finance two electric arc furnaces and a direct recovery plant

Commissioning of the unit is planned for 2027

Industry associations call for consideration in the matter of export of raw materials and possible restrictions

Decarbonisation of the steel industry will remain a leading theme in 2024

The volume of steel consumption in the country has entered the peak zone

The industry advocates the adoption of relevant legislation in 2024