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decarbonization - Latest news GMK Center

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

Energy prices may force European companies to relocate production

Photo – Nippon Steel, Mitsubishi and Exxon will jointly study carbon capture
Nippon Steel, Mitsubishi and Exxon will jointly study carbon capture

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

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

Photo – Inconsistency in EU and US approaches will affect global climate efforts
Inconsistency in EU and US approaches will affect global climate efforts

The EU reached a preliminary agreement on CBAM in December 2022

Photo – ArcelorMittal South Africa has released its decarbonisation roadmap
ArcelorMittal South Africa has released its decarbonisation roadmap

Steel producer aims to reduce carbon emissions by 25% by 2030

Photo – Germany reduced scrap exports by 11% y/y in January-November 2022
Germany reduced scrap exports by 11% y/y in January-November 2022

In monetary terms, exports increased by 9.5% y/y in connection with the increase in scrap metal prices

Photo – Investments in the decarbonization of industry should remain in the EU
Investments in the decarbonization of industry should remain in the EU

In 2023, the European Union will focus on supporting green technologies

Photo – Adolfo Aiello: CBAM should motivate non-EU steel producers to decarbonise
Adolfo Aiello: CBAM should motivate non-EU steel producers to decarbonise

EUROFER Deputy Director General Climate and Energy about the deal on the Carbon Border Adjustment Mechanism and review the Emissions Trading System in EU

Photo – UK considers introduction of CBAM analogue to protect steel industry
UK considers introduction of CBAM analogue to protect steel industry

Duty could be a part of British Steel and Tata Steel UK support package

Photo – DRI d’Italia will contribute to the decarbonization of the country’s steel sector
DRI d’Italia will contribute to the decarbonization of the country’s steel sector

The agreement provides for cooperation in the search for innovative solutions for the processing of ferrous metals

Photo – Interpipe introduced a system for monitoring emissions according to the European methodology
Interpipe introduced a system for monitoring emissions according to the European methodology

The implemented system is more accurate and takes into account ten times more criteria than its post-Soviet predecessor

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