Germany promises funding for ArcelorMittal’s decarbonization project

The government intends to allocate €2.5 billion as soon as the approval of the European Commission is received
EC approves €6.5 billion German support scheme to eliminate risk of carbon leakage

Energy-intensive companies will be able to receive compensation for part of the fuel costs
China can bring steel to its carbon market by 2025

Currently, the country is discussing the structure of emissions reporting
H2 Green Steel has entered into agreements with Rio Tinto and Vale for the supply of DRI pellets

Pellets for the plant in Sweden will be supplied from Canada and Brazil
Italy proposes to cut funding for Acciaierie d’Italia DRI project

The authorities explain the decision by incompatibility with the timing of the national recovery plan implementation
Steel industry decarbonization will require cooperation through the G20

Countries are recommended to define standards for low-carbon steel and rules for scrap collection
Steel Dynamics will buy green power from NextEra Energy Resources

The company is accelerating progress towards decarbonisation goals
US steelmakers call for the use of local steel in green projects

Associations express concern that current guidelines allow the use of imported steel
CMS and Voestalpine launched a carbon capture pilot project

The project is planned to be implemented at the voestalpine plant in Linz, Austria in the fourth quarter of 2023
Thyssenkrupp confirms agreement with government for €2 billion in green subsidies

Official funding approval will be announced in the coming days
Malaysia to develop road map of ecological steel industry transition

When preparing the strategy, appropriate sources of funding should be considered
USA is in critical need of its own СВАМ analogue

The mechanism will support efforts to decarbonize American industry

1 2 3 4 5 20