green steel - Latest news GMK Center

German Chancellor Merz clarifies his previous statements

The project has the potential to produce up to 12 million tons of direct reduced iron (CBI) per year

The American grant was to be used to build a fossil-free steel plant

Steel mills plan to replace blast furnaces and oxygen converters with DRI and electric arc furnaces

Steel products produced with CO2 emissions of less than 2.2 tons per ton of rolled steel will be considered green

The company does not give up on the prospects of a green transition

The EU should support steelmakers, make sure CBAM is effective, and solve the import problem

The plant will have an annual capacity of up to 2.5 million tons of low-carbon hot-rolled coils

The company notes unfavorable conditions and slow development of green hydrogen

The company cited regulatory uncertainty in the bloc

The company plans to invest in low-carbon production in Ukraine and Europe

Demand for these products in Europe is inhibited by high premiums and lack of incentives for consumers