decarbonization - Latest news GMK Center

Construction of new assets will be completed in 2026

The iron direct reduction plant to be launched in 2026

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

Companies will explore the use of DR-pellets

Commercial operation is planned at the end of 2024

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

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

The company associates the forecasts with the decarbonization of electricity production

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

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

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

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