decarbonization

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The EU agreed on temporary targeted support for the green industry

The most controversial issue at the moment is the approach to financing

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German steelmakers are worried about a possible future scrap shortage

A shortage of scrap could hamper the steel industry's ambitions for decarbonisation

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European CBAM will accelerate decarbonization in China

China's national ETS currently only covers the energy sector

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Salzgitter and Canada’s Baffinland will cooperate in the production of green steel

The Salzgitter Group aims to achieve practically zero carbon emissions by 2033

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India to increase the share of scrap in steel production to 50% by 2047

Gradually, the country will increase the import of scrap metal, becoming the world's largest importer of such raw materials

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US steel producers do not express concern about CBAM

At the same time, analysts believe that decarbonization efforts should be global

The EU should stimulate green investments in Europe — EUROFER

The gap in the cost of steel production between the EU and the US may increase to 60%

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British Steel and Tata Steel should switch to EAF for subsidies — Green Alliance

The companies' two plants account for 95% of the UK's steel sector emissions.

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The EU should develop a scheme similar to the green subsidies of the USA — ThyssenKrupp

Energy prices may force European companies to relocate production

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Nippon Steel, Mitsubishi and Exxon will jointly study carbon capture

The companies will conduct research at Nippon Steel's steel mills

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EUROFER calls on the European Union to include scrap in the list of critical raw materials

A high rate of raw material exports risks jeopardizing both Europe's strategic autonomy and its climate goals

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