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decarbonization - Latest news GMK Center

Photo – European steelmakers are concerned about the timing of the transition to CBAM
European steelmakers are concerned about the timing of the transition to CBAM

One of the problems is the lack of renewable energy supply capacity

Photo – HBIS produced industrial volumes of DRI using hydrogen gas enrichment technology
HBIS produced industrial volumes of DRI using hydrogen gas enrichment technology

Energiron's technology makes it possible to produce products using more than 60% hydrogen in coke gas

Photo – Nucor and ExxonMobil have entered into a carbon capture and storage agreement
Nucor and ExxonMobil have entered into a carbon capture and storage agreement

ExxonMobil will capture, transport and store carbon from the DRI facility in Louisiana

Photo – Australia may abandon hydrogen exports in favor of green steel – Sanjeev Gupta
Australia may abandon hydrogen exports in favor of green steel – Sanjeev Gupta

The future of the country may lie in the use of DRI in conjunction with electric arc furnaces

Photo – Salzgitter has entered into an agreement to build a direct reduction unit
Salzgitter has entered into an agreement to build a direct reduction unit

The contractors were Tenova, Danieli and DSD Steel Group

Photo – ASEAN countries will grapple with the prospect of steel oversupply
ASEAN countries will grapple with the prospect of steel oversupply

Expansion investments are more focused on blast furnace production

Photo – The G7 supported the improvement of market-based schemes for carbon emissions
The G7 supported the improvement of market-based schemes for carbon emissions

Incentives must be combined with appropriate industrial policy and public-private investment

Photo – Decarbonization of steel production in South Africa will require significant funds
Decarbonization of steel production in South Africa will require significant funds

Steelmakers could be seriously affected by the introduction of the European CBAM

Photo – A reduction in state support may disrupt the green project of ThyssenKrupp – trade unions
A reduction in state support may disrupt the green project of ThyssenKrupp – trade unions

The company needs help in financing the construction of a DRI production plant in Duisburg

Photo – Nucor and NuScale Power will work together on a green transition
Nucor and NuScale Power will work together on a green transition

Тhe companies will explore the possibility of using SMR power plants at Nucor enterprises

Photo – The green agreement between the US and the EU should affect Chinese steel production
The green agreement between the US and the EU should affect Chinese steel production

The negotiations are aimed at establishing barriers for products produced with high carbon emissions

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