green steel - Latest news GMK Center

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

The package will include subsidies for companies that invest in green technologies

Nearly 80% of China's coal-fired blast furnaces will need to be closed or reinvested by 2030

The definition of such products is planned in October

The country's competitive advantages are renewable electricity and green hydrogen production capabilities

In this way, the company plans to ensure long-term local supply of DR pellets

The purpose of the event is to promote intellectual and low-carbon transformation and modernization of steel industry

Funds from their issue will be used to finance or refinance permanent projects of the company

Hybrid processes for the production of DRI with the integration of hydrogen will give an advantage to local steelmakers

The total volume of this support package approved by the EC is €265 million

The company has changed its name to Stegra and has potential projects outside of Sweden