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decarbonization - Latest news GMK Center

Photo – ArcelorMittal has confirmed its intention to invest in a hybrid EAF at a plant in Spain
ArcelorMittal has confirmed its intention to invest in a hybrid EAF at a plant in Spain

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

Photo – Serbian steel plant Metalfer invests €21.4 million in decarbonization of capacities
Serbian steel plant Metalfer invests €21.4 million in decarbonization of capacities

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

Photo – Australia will consider an import duty on carbon emissions
Australia will consider an import duty on carbon emissions

The country will also limit the value of CO2 credits

Photo – European industry will need support in the next two years
European industry will need support in the next two years

The EU needs to prioritize investments in clean energy and decarbonisation

Photo – ArcelorMittal buys scrap processing company Zlomex in Poland
ArcelorMittal buys scrap processing company Zlomex in Poland

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

Photo – Air Liquide has completed the construction of a hydrogen pipeline to the ThyssenKrupp plant
Air Liquide has completed the construction of a hydrogen pipeline to the ThyssenKrupp plant

The plant in Duisburg plays a leading role in the decarbonization of steel production

Photo – Nippon Steel to produce DRI to reduce carbon emissions
Nippon Steel to produce DRI to reduce carbon emissions

The company will also continue to invest in coking coal production

Photo – The decarbonisation of Acciaierie d’Italia will be supported via EU funds
The decarbonisation of Acciaierie d’Italia will be supported via EU funds

A third of industrial workers in Taranto, where the enterprise is located, are employed in the steel sector

Photo – The WTO will discuss global steel decarbonization standards in 2023
The WTO will discuss global steel decarbonization standards in 2023

There are currently more than 20 different standards and initiatives

Photo – India must join global efforts to decarbonize steel production — Atlantic Council
India must join global efforts to decarbonize steel production — Atlantic Council

According to forecasts, the country's steel industry will grow almost twice by 2030

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