icon

decarbonization - Latest news GMK Center

Photo – SHS-Gruppe secures financing for Power4Steel transformation project
SHS-Gruppe secures financing for Power4Steel transformation project

Total financing package amounts to approximately €1.7 billion

Photo – Ukraine plans to introduce small nuclear reactors to modernize steel industry
Ukraine plans to introduce small nuclear reactors to modernize steel industry

Another direction is the use of this technology to replace coal-fired power plants

Photo – ArcelorMittal Olaberria launches a pilot project to use green hydrogen
ArcelorMittal Olaberria launches a pilot project to use green hydrogen

Technology allows furnaces to run on 100% green hydrogen, reducing CO2 emissions to zero

Photo – Major pause in EU steel industry decarbonization projects
Major pause in EU steel industry decarbonization projects

Steel producers are suspending projects and postponing deadlines, citing market conditions and regulatory uncertainty

Photo – Hasçelik has invested €150 million in a new green steel plant in Turkey
Hasçelik has invested €150 million in a new green steel plant in Turkey

The new facility in Bilecik will produce high-quality steel with minimal CO2 emissions and create over 200 jobs

Photo – Germany launches €6 billion industrial decarbonization program
Germany launches €6 billion industrial decarbonization program

Initiative includes carbon capture and storage technology for the first time

Photo – ANNOUNCEMENT: Green Steel Strategies 2025 conference
ANNOUNCEMENT: Green Steel Strategies 2025 conference

The event will bring together stakeholders involved in industrial decarbonization

Photo – Malaysia has presented a roadmap for the development of the country’s steel industry
Malaysia has presented a roadmap for the development of the country’s steel industry

The country plans to reform the steel industry and introduce a carbon tax

Photo – Tata Steel has signed a voluntary agreement with the Dutch government to reduce emissions
Tata Steel has signed a voluntary agreement with the Dutch government to reduce emissions

The company plans to reduce carbon emissions in the country as part of a project worth up to €6.5 billion

Photo – Voestalpine has begun construction on Austria’s largest climate project
Voestalpine has begun construction on Austria’s largest climate project

The €170 million project is being implemented in cooperation with Primetals Technologies and Rio Tinto

Photo – China could reduce emissions by 1.6 billion tons by 2030 – research
China could reduce emissions by 1.6 billion tons by 2030 – research

Steel production may be limited to 900 million tons per year

1 5 6 7 8 9 52