decarbonization - Latest news GMK Center

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

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

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

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

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

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

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

The total investment in the project will amount to €1 billion

The funds provided by the EBRD will be used for the construction of a new rolling mill and a solar power plant

The country will also limit the value of CO2 credits

The EU needs to prioritize investments in clean energy and decarbonisation

This is the fourth scrap company that ArcelorMittal has acquired in 2022 in Europe