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decarbonization - Latest news GMK Center

Photo – Caroline Ashley: «There are no winners yet in the race toward decarbonization»
Caroline Ashley: «There are no winners yet in the race toward decarbonization»

SteelWatch’s Executive Director on the progress and challenges in the global steel industry’s green transition

Photo – POSCO and Electra will develop technologies for producing clean iron
POSCO and Electra will develop technologies for producing clean iron

The partnership involves investing in and scaling up solutions for low-carbon steel production

Photo – ArcelorMittal has revised its long-term decarbonization strategy
ArcelorMittal has revised its long-term decarbonization strategy

The company acknowledges that the transition will be more challenging and expects to reduce its carbon intensity by up to 10% by 2030

Photo – Stegra and Sunfire propose revising the Industrial Accelerator Act
Stegra and Sunfire propose revising the Industrial Accelerator Act

In particular, the market is moving toward stricter standards for low-carbon products

Photo – ANNOUNCEMENT: Future Steel Forum 2026
ANNOUNCEMENT: Future Steel Forum 2026

The conference explores the future of the metallurgy industry, with a focus on digital transformation and sustainable development

Photo – How CBAM is reshaping Centravis’s position in the European market
How CBAM is reshaping Centravis’s position in the European market

The company's key export sales to the EU are now at risk

Photo – Western Australia has approved POSCO’s plan to build an HBI plant
Western Australia has approved POSCO’s plan to build an HBI plant

The project is valued at 4.3 billion Australian dollars ($3 billion)

Photo – BIR has criticized the «sliding scale» methodology for assessing decarbonization in the steel industry
BIR has criticized the «sliding scale» methodology for assessing decarbonization in the steel industry

The organization advocates for a single, standardized process-independent standard

Photo – SSAB has temporarily suspended construction of a new plant in Luleå
SSAB has temporarily suspended construction of a new plant in Luleå

The company is investigating the causes of illness among subcontractor workers

Photo – The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry
The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry

In the first quarter alone, Ukrainian steelmakers lost more than 1.1 million tons of export orders for steel products

Photo – ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector
ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector

The launch of a new solar power plant in Bahia will help bring the share of self-generated power to 85% by 2030

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