decarbonization - Latest news GMK Center

The EU agreed on the reform of the ETS and the gradual abolition of free quotas for carbon emissions

The first plant of this type in the European steel industry cost the company €200 million

The company has already achieved a 30% reduction in emissions in categories 1 and 2 compared to the base year of 2019

In 2021, Riwald processed more than 330,000 tons of ferrous metal scrap

Investments in the new enterprise will amount to more than $3 billion

Investments will be directed to the construction of facilities for the production of green hydrogen

About 72% of steelmaking facilities under construction in the world are blast furnaces

Investments will be directed to the construction of two solar power plants with a capacity of 100 MWh and a battery for 200 MWh

Installation of green capacities at the Romanian plant will speed up the achievement of climate goals

The companies plan to intensify cooperation on projects and technologies for the transition to the production of green steel

Thus, the world steel sector plans to achieve the decarbonization of industry by 2050 and satisfy the demand for green steel

The company plans to modernize blast furnace №5 to reduce the use of coke in steel production