decarbonization - Latest news GMK Center

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

China's national ETS currently only covers the energy sector

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

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

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

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

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

Energy prices may force European companies to relocate production

10 countries believe EU should use already approved funds

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

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

The EU reached a preliminary agreement on CBAM in December 2022