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decarbonization - Latest news GMK Center

Photo – Tata Steel to invest €65 million in the decarbonization of a plant in the Netherlands
Tata Steel to invest €65 million in the decarbonization of a plant in the Netherlands

The company intends to build a hydrogen production line at the facility in Eimeiden

Photo – H2 Green Steel raises €3.5 billion for project in Sweden
H2 Green Steel raises €3.5 billion for project in Sweden

The company plans to build a steel plant that will use green hydrogen

Photo – Emirates Steel received 15% duty relief for Saudi Arabian market
Emirates Steel received 15% duty relief for Saudi Arabian market

ESA became the first company to be exempted from duty on steel sales in the UK

Photo – World scrap metal consumption in January-June 2022 fell by 8.4% y/y
World scrap metal consumption in January-June 2022 fell by 8.4% y/y

The negative trend in demand for scrap is supported by the decline in global steel production

Photo – ArcelorMittal SA and Sasol have joined forces to produce green steel
ArcelorMittal SA and Sasol have joined forces to produce green steel

The largest industrial companies in South Africa aim to achieve zero carbon emissions in the production by 2050

Photo – JSW Steel and Smartex will become partners in the decarbonization of steel production
JSW Steel and Smartex will become partners in the decarbonization of steel production

JSW plans to reduce CO2 emissions intensity by 42% by 2030 compared to 2005 base year

Photo – Rio Tinto and Scania have agreed to develop unmanned quarry dump trucks
Rio Tinto and Scania have agreed to develop unmanned quarry dump trucks

Rio Tinto plans to phase out new diesel dump trucks by 2030

Photo – ArcelorMittal has launched a decarbonisation project at a plant in Canada
ArcelorMittal has launched a decarbonisation project at a plant in Canada

Construction of new assets will be completed in 2026

Photo – ThyssenKrupp will supply green steel for Miele
ThyssenKrupp will supply green steel for Miele

The iron direct reduction plant to be launched in 2026

Photo – The EC approved a budget of €1 billion to support decarbonization in Slovakia
The EC approved a budget of €1 billion to support decarbonization in Slovakia

The funds will be directed to the reduction of carbon emissions in steel industry

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