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decarbonization - Latest news GMK Center

Photo – The EC will allocate €1 billion in state aid to Germany for the decarbonization of Salzgitter
The EC will allocate €1 billion in state aid to Germany for the decarbonization of Salzgitter

The steel company plans to modernize existing facilities and build a large plant for the production of green hydrogen

Photo – India will bet on decarbonisation of steel production
India will bet on decarbonisation of steel production

The long-term goal is to reduce carbon emissions by 50% by 2047

Photo – BHP raised its long-term forecast for global steel consumption
BHP raised its long-term forecast for global steel consumption

The company associates the forecasts with the decarbonization of electricity production

Photo – Emirates Steel Arkan, ITOCHU and JFE Steel have joined forces to produce DRI products
Emirates Steel Arkan, ITOCHU and JFE Steel have joined forces to produce DRI products

The companies will conduct a feasibility study for the establishment of a plant in Abu Dhabi

Photo – POSCO invests $14 billion to reduce carbon emissions
POSCO invests $14 billion to reduce carbon emissions

The company aims to reduce CO2 emissions by 10% by 2030

Photo – Global DRI production increased by 14% in 2021
Global DRI production increased by 14% in 2021

The Middle East and Asia are the largest producers of DRI – 54.8 million tons and 39.5 million tons, respectively

Photo – Fortescue to invest $6.2 billion in carbon-free iron ore mining
Fortescue to invest $6.2 billion in carbon-free iron ore mining

Full implementation of the company's strategy will make it possible to reduce greenhouse gas emissions by 3 million tons per year

Photo – Decarbonization of global iron and steel industry by 2050 will cost $1.4 trillion
Decarbonization of global iron and steel industry by 2050 will cost $1.4 trillion

The measures include the modernization of the existing steel production infrastructure and the development of new deposits with high-quality iron ore

Photo – Nippon Steel will start selling carbon neutral steel products in 2023
Nippon Steel will start selling carbon neutral steel products in 2023

It is expected that the volume of deliveries will be 300,000 tons of green steel per year

Photo – ArcelorMittal Acindar and PCR announced new investments in wind energy in Argentina
ArcelorMittal Acindar and PCR announced new investments in wind energy in Argentina

The companies intend to increase the capacity of the San Luis Norte complex by 36 MW

Photo – JSW Steel invests $1.3 billion to reduce emissions at its plants in India
JSW Steel invests $1.3 billion to reduce emissions at its plants in India

The company plans to reduce greenhouse gas emissions by 42% by 2023

Photo – ThyssenKrupp invests €2 billion in the production of green steel in Germany
ThyssenKrupp invests €2 billion in the production of green steel in Germany

The company plans to build a direct reducing iron unit at the Duisburg plant

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