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decarbonization - Latest news GMK Center

Photo – Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO
Restrictions on scrap exports are a prerequisite for the development of EAF capacities in Ukraine – Metinvest-Resource’s CEO

Metinvest is considering the possibility of building electric arc furnaces for steelmaking with a capacity of 3.5–3.8 million tons per year

Photo – 2025 for carbon markets: new launches and plans
2025 for carbon markets: new launches and plans

Countries intensify efforts to launch national CO2 trading schemes

Photo – Vallourec develops hydrogen storage solutions
Vallourec develops hydrogen storage solutions

French pipe manufacturer to collaborate with Geostock

Photo – Decarbonizing iron ore mining: strategies from global leaders
Decarbonizing iron ore mining: strategies from global leaders

Major companies are developing different solutions – from electrification of mining fleet to new steelmaking technologies

Photo – The government has set zero quotas for scrap exports from Ukraine for 2026
The government has set zero quotas for scrap exports from Ukraine for 2026

The Verkhovna Rada must formalize the decision to restrict the export of raw materials at the legislative level

Photo – ArcelorMittal has invested €245 million in decarbonization in France over 10 years
ArcelorMittal has invested €245 million in decarbonization in France over 10 years

The company has reduced its environmental impact by 71% and is preparing new decarbonization projects

Photo – M Resources to collaborate with Hazer Group on potential acquisition of Whyalla plant
M Resources to collaborate with Hazer Group on potential acquisition of Whyalla plant

The parties will promote Hazer technology as part of the decarbonization of the enterprise

Photo – Japan to allocate $1.3 billion to clean energy companies
Japan to allocate $1.3 billion to clean energy companies

Applications for state support are planned to be accepted starting next year

Photo – ArcelorMittal receives environmental permit to build electric arc furnace in Avilés
ArcelorMittal receives environmental permit to build electric arc furnace in Avilés

The electric arc furnace project in Asturias is considered key to decarbonization and preserving production

Photo – Car producers criticize EU proposal on energy transition in the industry
Car producers criticize EU proposal on energy transition in the industry

Other stakeholders warn of weakening of Europe's climate strategy

Photo – The UK has launched the second round of carbon capture licensing
The UK has launched the second round of carbon capture licensing

14 locations are proposed for exploration and evaluation

Photo – Carbon price in the EU ETS to hit €126/t by 2030
Carbon price in the EU ETS to hit €126/t by 2030

Reducing benchmarks and planned free allowance phase-out drive expectations for price increases

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