green steel News — GMK Center https://gmk.center/en/tag/green-steel/ This is an informational-analytical, discussion platform Fri, 29 May 2026 14:15:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png green steel News — GMK Center https://gmk.center/en/tag/green-steel/ 32 32 <![CDATA[SSAB will supply green steel for Vattenfall’s solar park in Germany]]> https://gmk.center/en/news/ssab-will-supply-green-steel-for-vattenfall-s-solar-park-in-germany/ Sat, 30 May 2026 05:42:31 +0000 https://gmk.center/?post_type=news&p=124280 The Swedish steelmaker SSAB will supply Vattenfall with decarbonized steel for the construction of the Juliusburg/Krukow ground-mounted solar park in Schleswig-Holstein, Germany. This was announced in a company statement. SSAB Zero steel is used in the support structures on which solar panels are mounted. In total, more than 9,000 steel sections with a combined weight […]

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]]> <![CDATA[The Norwegian steel market: the secrets of its stability]]> https://gmk.center/en/posts/the-norwegian-steel-market-the-secrets-of-its-stability/ Wed, 27 May 2026 06:00:08 +0000 https://gmk.center/?post_type=posts&p=124067 The Norwegian steel market is resilient to external shocks. Its consumption pattern differs from the traditional pan-European model. Restructuring of procurement in key sectors creates a false impression of a decline. However, the economy’s actual steel intensity is on the rise. Industry overview The sole steel producer is the EAF plant in Mu-i-Rani. It specializes […]

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]]> <![CDATA[The Finnish steel market: the price of the crisis]]> https://gmk.center/en/posts/the-finnish-steel-market-the-price-of-the-crisis/ Wed, 20 May 2026 07:57:48 +0000 https://gmk.center/?post_type=posts&p=123845 Electricity in Finland is among the cheapest in the EU. Despite this, the European energy crisis has significantly worsened the situation in the local market. Steel producers in Finland have suffered due to their export focus on the European Union, while consumers have been affected by their dependence on European imports, which have risen sharply […]

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]]> <![CDATA[Hebei will certify more than 20 types of green steel by 2026]]> https://gmk.center/en/news/hebei-will-certify-more-than-20-types-of-green-steel-by-2026/ Tue, 19 May 2026 08:34:19 +0000 https://gmk.center/?post_type=news&p=123812 Hebei Province, China’s largest steel-producing region, plans to certify more than 20 types of green steel by 2026. These goals are included in the list of key tasks for modernizing the metallurgical industry by 2026, which was released by the province’s Department of Industry and Information Technology. According to Zhang Xiaohui, head of the department’s […]

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]]> <![CDATA[Caroline Ashley: «There are no winners yet in the race toward decarbonization»]]> https://gmk.center/en/interview/caroline-ashley-there-are-no-winners-yet-in-the-race-toward-decarbonization/ Mon, 04 May 2026 06:00:45 +0000 https://gmk.center/?post_type=interview&p=123127 SteelWatch, an international nonprofit organization promoting the decarbonization of the steel industry, recently released the first corporate scorecard for this process. The assessment covered 18 leading steel companies operating in 29 countries. In an interview with GMK Center, Caroline Ashley, Executive Director of SteelWatch, discussed whether there are already leaders in the transformation process, why […]

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]]> <![CDATA[Stegra and Sunfire propose revising the Industrial Accelerator Act]]> https://gmk.center/en/news/stegra-and-sunfire-propose-revising-the-industrial-accelerator-act/ Mon, 27 Apr 2026 10:18:15 +0000 https://gmk.center/?post_type=news&p=123004 Swedish green steel startup Stegra and electrolyzer producer Sunfire believe that the European Industrial Accelerator Act (IAA) needs to be revised, returning to the initial stage, in order to accelerate the decarbonization of the industry, according to Kallanish. This was discussed during a webinar organized by Hydrogen Europe. Stegra’s Director of Public Relations, Ola Hansen, […]

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]]> <![CDATA[WV Stahl has called on Germany to accelerate government collection of green steel]]> https://gmk.center/en/news/wv-stahl-has-called-on-germany-to-accelerate-government-collection-of-green-steel/ Thu, 23 Apr 2026 11:26:47 +0000 https://gmk.center/?post_type=news&p=122898 The German Steel Industry Association (WV Stahl) welcomed the Bundestag’s passage of a bill to accelerate public procurement, but stated that the legislation in its current form would not yield tangible results for the industry or decarbonization. The industry association emphasized that public procurement could become a key tool for supporting the industry’s transition to […]

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]]> <![CDATA[Stegra has secured €1.4 billion in financing to complete construction of its plant]]> https://gmk.center/en/news/stegra-has-secured-e1-4-billion-in-financing-to-complete-construction-of-its-plant/ Tue, 14 Apr 2026 14:50:40 +0000 https://gmk.center/?post_type=news&p=122568 Swedish startup Stegra has secured €1.4 billion in funding from new and existing investors, ensuring the completion of its flagship green steel plant in Boden. This was announced in a company statement. The funding round is led by Wallenberg Investments, which has formed a consortium of investors (including Temasek and IMAS)—thanks to this deal, it […]

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]]> <![CDATA[BIR has criticized the «sliding scale» methodology for assessing decarbonization in the steel industry]]> https://gmk.center/en/news/bir-has-criticized-the-sliding-scale-methodology-for-assessing-decarbonization-in-the-steel-industry/ Thu, 09 Apr 2026 08:31:32 +0000 https://gmk.center/?post_type=news&p=122424 The Bureau of International Recycling (BIR) has spoken out against the “sliding scale” methodology and claims that it encourages the use of scrap in the steel industry. The organization strongly supports climate standards for steel that accurately measure carbon emissions. “We collectively warn that recent public communications claiming the “sliding scale” methodology incentivises the use […]

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]]> <![CDATA[Leading global steel producers are lagging significantly behind in decarbonization efforts]]> https://gmk.center/en/news/leading-global-steel-producers-are-lagging-significantly-behind-in-decarbonization-efforts/ Wed, 01 Apr 2026 08:00:48 +0000 https://gmk.center/?post_type=news&p=122136 Leading global steel producers are lagging behind in decarbonization efforts despite their stated long-term goals. This is evidenced by the first corporate scorecard released by the international non-profit organization SteelWatch. SteelWatch assessed 18 leading steel companies operating in 29 countries. The organization’s corporate ranking includes SSAB, thyssenkrupp, ArcelorMittal, Ternium, JSW, Cleveland-Cliffs, NLMK, US Steel, Gerdau, […]

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]]> <![CDATA[ANNOUNCEMENT: Green Steel Summit 2026]]> https://gmk.center/en/news/announcement-green-steel-summit-2026/ Tue, 31 Mar 2026 07:11:18 +0000 https://gmk.center/?post_type=news&p=122088 The Green Steel Summit 2026 will take place on May 7 in Istanbul, Turkey. The event is organized by SteelData, an online portal providing statistics on the global and Turkish steel industry. The global steel industry is currently undergoing the most profound structural transformation in its history. With the introduction of the European CBAM and […]

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]]> <![CDATA[German steelmakers supported the government’s new climate protection program]]> https://gmk.center/en/news/german-steelmakers-supported-the-government-s-new-climate-protection-program/ Thu, 26 Mar 2026 12:23:18 +0000 https://gmk.center/?post_type=news&p=121918 German steelmakers have endorsed the new Climate Action Program (Klimaschutzprogramm 2026, KSP) adopted by the German government, though they emphasize the importance of properly implementing the proposed measures. This is stated in a press release from the German Steel Industry Association (WV Stahl). As Kerstin Maria Rippel, CEO of WV Stahl, noted, the KSP 2026 […]

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]]> <![CDATA[Production costs for green steel in the EU make it uncompetitive – Fastmarkets]]> https://gmk.center/en/news/production-costs-for-green-steel-in-the-eu-make-it-uncompetitive-fastmarkets/ Tue, 17 Mar 2026 12:54:12 +0000 https://gmk.center/?post_type=news&p=121484 The cost of producing “green” steel in the EU calls its competitiveness into question. This is according to a study by Fastmarkets experts. Green steel production in Europe is growing rapidly thanks to policy incentives, early capital investments, and government funding. However, despite the EU’s leadership in announced and under-construction capacity, competing regions hold significant […]

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]]> <![CDATA[State aid of €2 billion for Tata Steel Nederland remains in doubt]]> https://gmk.center/en/news/state-aid-of-e2-billion-for-tata-steel-nederland-remains-in-doubt/ Mon, 16 Mar 2026 10:59:20 +0000 https://gmk.center/?post_type=news&p=121406 A group of economists has warned the Dutch government against granting billions in subsidies to Tata Steel Nederland, stating that the planned support would be “economically inefficient and risky.” This was reported by DutchNews. The economists (117 experts) expressed their concerns in a letter to the government and members of parliament last week. The government […]

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]]> <![CDATA[Turkey’s Koç Group has become one of Stegra’s new shareholders]]> https://gmk.center/en/news/turkey-s-koc-group-has-become-one-of-stegra-s-new-shareholders/ Wed, 11 Mar 2026 09:43:28 +0000 https://gmk.center/?post_type=news&p=121230 According to the financial publication Dagens Industri, Swedish green steel startup Stegra has issued a total of 850 million new shares to finance the construction of its plant. This issue increased the total number of the company’s shares by 23%, and among the new shareholders is Koç Group, Turkey’s largest industrial conglomerate. According to Stegra’s […]

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]]> <![CDATA[India is considering introducing a requirement for green steel in public procurement]]> https://gmk.center/en/news/india-is-considering-introducing-a-requirement-for-green-steel-in-public-procurement/ Thu, 05 Mar 2026 12:22:54 +0000 https://gmk.center/?post_type=news&p=120975 India is considering the phased introduction of a mandate for green steel in public procurement, according to The Economic Times. According to the Confederation of Indian Industry (CII), the country could unlock up to 16 million tons of certified green steel supplies from manufacturers by the 2029/2030 fiscal year if a 26% commitment to low-carbon […]

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]]> <![CDATA[Steelmakers insist on clearer requirements for steel in the Industrial Accelerator Law]]> https://gmk.center/en/news/steelmakers-insist-on-clearer-requirements-for-steel-in-the-industrial-accelerator-law/ Thu, 05 Mar 2026 10:38:09 +0000 https://gmk.center/?post_type=news&p=120967 EU steelmakers insist on further support for the sector in the Industrial Accelerator Act (IAA). The European Steel Association (EUROFER) welcomed the EC’s proposal but called for further steps. According to the statement, the proposal launches leading markets, but more is needed to support low-carbon steel «Made in Europe.» The European steel industry is ready […]

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]]> <![CDATA[Thyssenkrupp to supply low-carbon steel to BMW Group]]> https://gmk.center/en/news/thyssenkrupp-to-supply-low-carbon-steel-to-bmw-group/ Sun, 01 Mar 2026 06:18:49 +0000 https://gmk.center/?post_type=news&p=120769 German steel manufacturer Thyssenkrupp Steel will supply its recycled green Bluemint steel to the BMW Group for the production of certain car parts. This was announced in a statement by the steel company. Deliveries will begin this year. The exterior panels, interior parts, and battery housing of the BMW iX3 will be made from Bluemint […]

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]]> <![CDATA[Germany to increase funding for Salzgitter low-carbon steel project]]> https://gmk.center/en/news/germany-to-increase-funding-for-salzgitter-low-carbon-steel-project/ Tue, 24 Feb 2026 11:35:37 +0000 https://gmk.center/?post_type=news&p=120552 The German government has confirmed additional funding of €322 million for Salzgitter’s plans to produce steel based on green hydrogen. This was announced in a statement by the country’s Federal Ministry for Economic Affairs and Energy (BMWE). The ministry approved the increase in funding for the company’s Salcos project after the European Commission gave its […]

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]]> <![CDATA[Metinvest continues to invest in the development of green steel industry in Kryvyi Rih, despite the war]]> https://gmk.center/en/news/metinvest-continues-to-invest-in-the-development-of-green-metallurgy-in-kryvyi-rih-despite-the-war/ Thu, 12 Feb 2026 12:42:50 +0000 https://gmk.center/?post_type=news&p=120025 Despite the war, Metinvest Group is launching a project to build a flotation and finishing complex at the Northern Mining and Processing Plant. This is the second project within a large-scale program to produce high-quality DR pellets used in direct iron reduction technology for the production of green steel. This is stated in the company’s […]

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]]> <![CDATA[AMNS India has received a green steel certificate for its steel products]]> https://gmk.center/en/news/amns-india-has-received-a-green-steel-certificate-for-its-steel-products/ Fri, 06 Feb 2026 12:16:57 +0000 https://gmk.center/?post_type=news&p=119755 AMNS India (a joint venture between ArcelorMittal and Japan’s Nippon Steel) has become the first integrated steel producer in the country to receive a “green steel” certificate from the government for its low carbon emissions during production. This was reported by The Economic Times, citing a statement from the company. AMNS India CEO Dilip Ommen […]

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]]> <![CDATA[Tosyali Algerie set a world record for DRI production in 2025]]> https://gmk.center/en/news/tosyali-algerie-set-a-world-record-for-dri-production-in-2025/ Wed, 28 Jan 2026 11:12:33 +0000 https://gmk.center/?post_type=news&p=119332 Tosyali Holding’s Algerian subsidiary, Tosyali Algerie, set a new world record for annual DRI production using a single direct reduction module in 2025. This was reported by Midrex. Last year, the company’s Module 2 produced 2.43 million tons of direct reduced iron, a record achievement in its first year of operation. In addition, Tosyali Algerie’s […]

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]]> <![CDATA[SSAB’s investment in Luleå recognized as a strategic zero-emission project]]> https://gmk.center/en/news/ssab-s-investment-in-lulea-recognized-as-a-strategic-zero-emission-project/ Mon, 26 Jan 2026 13:38:45 +0000 https://gmk.center/?post_type=news&p=119207 SSAB’s investment in a new steel mill in Luleå has been recognized as a strategic zero-emission project under the European Net-Zero Industry Act. This is stated in the company’s announcement. “The decision, announced by the Swedish Agency for Economic and Regional Growth (Tillväxtverket), confirms that the project is considered to be of great importance for […]

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]]> <![CDATA[Tata Steel invests $1.2 billion in green steel technology in Jharkhand]]> https://gmk.center/en/news/tata-steel-invests-1-2-billion-in-green-steel-technology-in-jharkhand/ Tue, 20 Jan 2026 14:21:25 +0000 https://gmk.center/?post_type=news&p=118952 Indian steelmaker Tata Steel and the government of Jharkhand signed a letter of intent and memorandum of understanding at the World Economic Forum in Davos to invest more than 11.1 billion rupees ($1.2 billion) in cutting-edge green steel technology in the region. This was reported by The Statesman. The proposed investments include the introduction of […]

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]]> <![CDATA[The EU will present a proposal on public procurement of green metals by the end of January]]> https://gmk.center/en/news/the-eu-will-present-a-proposal-on-public-procurement-of-green-metals-by-the-end-of-january/ Mon, 19 Jan 2026 14:15:34 +0000 https://gmk.center/?post_type=news&p=118881 Changes to EU public procurement rules for low-emission metals are likely to cover at least steel and will be implemented by the end of the month as part of the Industrial Accelerator Act. This was announced by Valère Moutarlier, Deputy Director-General for Internal Market, Industry, Entrepreneurship and SMEs at the European Commission, according to Fastmarkets. […]

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]]> <![CDATA[GMK Center has prepared a number of articles — Green Steel: Today and Tomorrow]]> https://gmk.center/en/news/gmk-center-has-prepared-an-almanac-green-steel-today-and-tomorrow/ Mon, 19 Jan 2026 08:16:35 +0000 https://gmk.center/?post_type=news&p=118786 The implementation of the European Green Deal poses enormous challenges for Ukraine’s iron and steel industry during the war. The topic of green steel is of strategic importance for Ukraine. The country is oriented toward the European market, where carbon requirements are becoming the new standard. At the same time, the ecological transformation of heavy […]

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]]> <![CDATA[Vale to approve investment in green megahub in Oman in 2026]]> https://gmk.center/en/news/vale-to-approve-investment-in-green-megahub-in-oman-in-2026/ Wed, 14 Jan 2026 14:43:36 +0000 https://gmk.center/?post_type=news&p=118646 This year, a final investment decision is expected on a green steel production complex that Brazilian mining conglomerate Vale plans to build in a special economic zone in Ducmi, Zawya reports. The $5 billion mega-hub project will focus on producing a more environmentally friendly version of Vale’s iron ore pellets and hot briquetted iron (HBI), […]

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]]> <![CDATA[How mining industry can impact Ukraine’s recovery and economic renewal]]> https://gmk.center/en/opinion/how-mining-industry-can-impact-ukraine-s-recovery-and-economic-renewal/ Thu, 01 Jan 2026 10:25:56 +0000 https://gmk.center/?post_type=opinion&p=118375 This material is based on a speech by Stanislav Zinchenko, CEO of GMK Center, at the Resourcing Tomorrow conference during the round table discussion «The Mining Sector’s Role in Reconstruction and Economic Renewal of Ukraine». Ukraine is ready to support the EU’s green transition in the steel industry if it has access to cheap investments. […]

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]]> <![CDATA[China launches first steel production line with near-zero emissions]]> https://gmk.center/en/news/china-launches-first-steel-production-line-with-near-zero-emissions/ Thu, 25 Dec 2025 11:56:59 +0000 https://gmk.center/?post_type=news&p=118300 China has completed construction of its first near-zero carbon steel production line with a capacity of 1 million tons in Zhanjiang (Guangdong Province), according to CGTN. This production line, owned by Baowu Steel, uses an advanced hydrogen-based reduction process and electric arc furnace. It is noted that direct reduced iron (DRI) produced in a hydrogen-based […]

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]]> <![CDATA[Stegra received a $41 million government grant from Sweden]]> https://gmk.center/en/news/stegra-received-a-41-million-government-grant-from-sweden/ Thu, 27 Nov 2025 09:45:54 +0000 https://gmk.center/?post_type=news&p=116721 Swedish green steel startup Stegra, which is seeking additional funding for its project, has received a government grant of SEK 390 million ($40.9 million, approximately €37 million). The support currently received by the company is provided under the Industriklivet (“Industrial Leap”) program and has been preliminarily approved by the European Commission, with funding provided by […]

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]]> <![CDATA[Court confirms SSAB’s permit to build and operate a plant in Luleå]]> https://gmk.center/en/news/court-confirms-ssab-s-permit-to-build-and-operate-a-plant-in-lulea/ Mon, 24 Nov 2025 14:44:28 +0000 https://gmk.center/?post_type=news&p=116521 Swedish steel company SSAB has been given the green light to build and operate a new steel mill in Luleå. This was confirmed in a ruling by the Court of Appeal for Land and Environment, according to SVT. The company received permission from the Land and Environment Court in December 2024, but it was appealed […]

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]]> <![CDATA[EU steelmakers concerned about direction of discussions on green steel labeling]]> https://gmk.center/en/news/eu-steelmakers-concerned-about-direction-of-discussions-on-green-steel-labeling/ Thu, 20 Nov 2025 13:49:01 +0000 https://gmk.center/?post_type=news&p=116354 Representatives of the European value chain in secondary steel production have expressed concern about the direction of current discussions on the methodology for labeling green steel and identifying leading markets in the EU. This is stated in their joint appeal to the European Commission. The signatories are concerned about the possible application of the “sliding […]

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]]> <![CDATA[ResponsibleSteel, China, and Europe to agree on global standards for green steel]]> https://gmk.center/en/news/responsiblesteel-china-and-europe-to-agree-on-global-standards-for-green-steel/ Thu, 20 Nov 2025 09:49:31 +0000 https://gmk.center/?post_type=news&p=116304 The non-profit organization ResponsibleSteel announced partnerships with the China Iron and Steel Association (CISA) and the European Low Emission Steel Standard (LESS) at COP30. The agreements between the parties, whose activities cover about 60% of global steel production, are an important step toward internationally agreed carbon standards. They extend a common approach to measuring and […]

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]]> <![CDATA[Rio Tinto invests $22 million in Calix low-carbon steel project]]> https://gmk.center/en/news/rio-tinto-invests-22-million-in-calix-low-carbon-steel-project/ Tue, 18 Nov 2025 14:59:58 +0000 https://gmk.center/?post_type=news&p=116195 Mining giant Rio Tinto has signed a joint development agreement (JDA) with Australian company Calix to support the construction of a demonstration plant for steel production using Zesty technology in Western Australia. This is stated in a Rio Tinto press release. This step allows iron ore from the Pilbara region to be used for such […]

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]]> <![CDATA[Oman could become a leader in global green steel industry – IEEFA]]> https://gmk.center/en/news/oman-could-become-a-leader-in-global-green-steel-industry-eefa/ Sun, 16 Nov 2025 08:34:24 +0000 https://gmk.center/?post_type=news&p=116048 Oman has every opportunity to become a leader in global green steel industry thanks to its natural and geographical advantages, strong industrial infrastructure, and promising strategic planning. This is stated in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). According to the study, Oman already has a fully integrated steel […]

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]]> <![CDATA[Green steel, grey realities: bridging the EU-Ukraine gap]]> https://gmk.center/en/posts/green-steel-grey-realities-bridging-the-eu-ukraine-gap/ Mon, 10 Nov 2025 07:00:08 +0000 https://gmk.center/?post_type=posts&p=115528 Steel is the backbone of Europe’s industrial muscle, but also one of its climate Achilles’ heels. While steel is essential to the EU’s economy and green transition, this sector is also one of the hardest to decarbonize. Responsible for roughly 5-6% of EU greenhouse gas emissions, the steel industry is now asked to reinvent itself […]

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]]> <![CDATA[Sweden’s Vattenfall orders green steel from SSAB for hydroelectric dam]]> https://gmk.center/en/news/sweden-s-vattenfall-orders-green-steel-from-ssab-for-hydroelectric-dam/ Sun, 02 Nov 2025 08:06:02 +0000 https://gmk.center/?post_type=news&p=115283 Swedish steel producer SSAB has signed an agreement with energy company Vattenfall to supply 120 tons of steel produced without the use of fossil fuels for the construction of the world’s first and largest dam gate, manufactured with virtually zero carbon dioxide emissions during production. This is stated in a press release from SSAB. The […]

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]]> <![CDATA[Steel Dynamics introduced low-carbon steel grades BIOEDGE and EDGE]]> https://gmk.center/en/news/steel-dynamics-introduced-low-carbon-steel-grades-bioedge-and-edge/ Sun, 02 Nov 2025 07:25:36 +0000 https://gmk.center/?post_type=news&p=115284 American steel company Steel Dynamics, Inc. (SDI) has announced the launch of new low-carbon steel products, BIOEDGE and EDGE, which support customers in achieving their goals of reducing greenhouse gas emissions and increasing production sustainability. This is stated in the company’s press release. Both products are manufactured exclusively using electric arc furnaces (EAF), which already […]

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]]> <![CDATA[SSAB receives €28.8 million in funding for project in Luleå]]> https://gmk.center/en/news/ssab-receives-e28-8-million-in-funding-for-project-in-lulea/ Fri, 31 Oct 2025 10:55:30 +0000 https://gmk.center/?post_type=news&p=115255 Swedish steel company SSAB has received SEK 314 million (€28.8 million) in funding from the Swedish Energy Agency as part of the Industriklivet program to retool its plant in Luleå. This was announced in a statement by the steel manufacturer. As previously announced, SSAB is investing €4.5 billion in a new electrified and integrated steel […]

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]]> <![CDATA[Stegra creditors select consultant amid funding shortage]]> https://gmk.center/en/news/stegra-creditors-select-consultant-amid-funding-shortage/ Wed, 29 Oct 2025 09:58:39 +0000 https://gmk.center/?post_type=news&p=115108 A group of creditors of Swedish startup Stegra (formerly H2 Green Steel) has turned to global investment bank Houlihan Lokey for advice as the company faces a funding shortfall, Bloomberg reports. The parties did not comment on this information to the agency. Stegra is seeking up to €975 million in new financing to cover higher-than-expected […]

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]]> <![CDATA[Hy24 confirms participation in the new financing round of the green project Stegra]]> https://gmk.center/en/news/hy24-confirms-participation-in-the-new-financing-round-of-the-green-project-stegra/ Mon, 27 Oct 2025 13:41:12 +0000 https://gmk.center/?post_type=news&p=115002 French hydrogen technology investor Hy24 has confirmed its participation in a new round of financing for Swedish startup Stegra AB (formerly H2 Green Steel), which is building the world’s largest green steel plant. The company is raising up to €975 million in investments to cover higher-than-expected construction costs, infrastructure development, and compensation for delays in […]

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]]> <![CDATA[Stegra engages restructuring expert to help find financing]]> https://gmk.center/en/news/stegra-engages-restructuring-expert-to-help-find-financing/ Tue, 21 Oct 2025 07:30:15 +0000 https://gmk.center/?post_type=news&p=114668 Swedish startup Stegra (formerly H2 Green Steel) has appointed a restructuring expert to its board of directors as the company struggles to avert a financial crisis, Bloomberg reports. The company recently announced a new round of financing, planning to raise an additional €975 million ($1.1 billion) to cover higher-than-expected project and infrastructure costs and to […]

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]]> <![CDATA[Decarbonization of Ukraine’s steel industry: the European way]]> https://gmk.center/en/posts/decarbonization-of-ukraine-s-steel-industry-the-european-way/ Thu, 16 Oct 2025 05:45:17 +0000 https://gmk.center/?post_type=posts&p=114479 Transition to emission-free steelmaking is a non-alternative for the Ukrainian steel industry. The main driving factor is Ukraine’s integration into the EU and harmonization of regulations, standards, plans and targets.  Ukraine is determined to undertake a green transformation of its industry, but even without the war this was not easy. Now it is simply impossible […]

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]]> <![CDATA[Steel is on its way to «net zero»]]> https://gmk.center/en/posts/steel-is-on-its-way-to-net-zero/ Tue, 14 Oct 2025 05:30:16 +0000 https://gmk.center/?post_type=posts&p=114309 The steel industry accounts for 7-9% of the world’s greenhouse gas emissions. Therefore, the process of gradual reduction of CO2 emissions from steelmaking has already been launched in most leading producing countries. The pace of progress varies, as it depends on a number of factors. So, what barriers do companies face and what incentives can […]

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]]> <![CDATA[Major pause in EU steel industry decarbonization projects]]> https://gmk.center/en/posts/major-pause-in-eu-steel-industry-decarbonization-projects/ Wed, 08 Oct 2025 09:17:37 +0000 https://gmk.center/?post_type=posts&p=114009 Major steel companies are postponing their green transformation plans, seeking greater certainty, particularly regarding the bloc’s steps to protect the industry and the market. Status: postponed In September this year, German steel producer Salzgitter announced its decision to postpone the next stages of its large-scale green project Salcos, which aims to reduce CO2 emissions in […]

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