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decarbonization - Latest news GMK Center

Photo – How the US CBAM will affect the steel industries of different countries
How the US CBAM will affect the steel industries of different countries

The introduction of this mechanism will cause a collapse in steel exports to the US from China and Vietnam

Photo – Federacciai supports the Italian government’s position on the EU Green Deal
Federacciai supports the Italian government’s position on the EU Green Deal

The federation believes that decarbonization should be supported with tools that meet economic realities

Photo – SSAB postpones startup of electric arc furnace in Ökselosund until 2027
SSAB postpones startup of electric arc furnace in Ökselosund until 2027

The reason for the delay was the delay in connecting the power grid being built by Vattenfall

Photo – How to reform the carbon tax
How to reform the carbon tax

Ukraine should use the best European experience when implementing a system of emissions trading instead of a carbon tax

Photo – Ukraine will collect 88 years’ worth of carbon tax for decarbonization
Ukraine will collect 88 years’ worth of carbon tax for decarbonization

At the same time, the carbon burden on the economy will be higher than in the fourth phase of the EU ETS

Photo – Turkey’s Kardemir plans to reduce emissions by 43% by 2037
Turkey’s Kardemir plans to reduce emissions by 43% by 2037

Last year, the company created a working group on decarbonization

Photo – EU Council approves tax breaks to promote clean industry agreement
EU Council approves tax breaks to promote clean industry agreement

The Institute, among other things, calls for ensuring the simplicity of such benefits

Photo – Slovakia allocates another €150 million for industrial decarbonization
Slovakia allocates another €150 million for industrial decarbonization

The program will help companies reduce emissions and improve energy efficiency

Photo – Decarbonization of Ukraine’s steel industry: the European way
Decarbonization of Ukraine’s steel industry: the European way

Access to European financing instruments is a key condition for decarbonization

Photo – EU leaders demand industry support in setting new climate target
EU leaders demand industry support in setting new climate target

The EC will be asked to develop a stronger enabling framework

Photo – Stegra has launched a new round of financing for a green steel plant in Sweden
Stegra has launched a new round of financing for a green steel plant in Sweden

The funds will be used for infrastructure, rising costs, and creating a financial buffer for the project in Boden

Photo – Steel is on its way to «net zero»
Steel is on its way to «net zero»

The need to combat climate change on an international scale makes the decarbonization of the steel industry irreversible

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