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green steel - Latest news GMK Center

Photo – India is preparing a package of incentives for the production of green steel
India is preparing a package of incentives for the production of green steel

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

Photo – China should use a number of levers to accelerate steel industry green transition– CBI
China should use a number of levers to accelerate steel industry green transition– CBI

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

Photo – India to launch national green steel mission by December
India to launch national green steel mission by December

The definition of such products is planned in October

Photo – China may become the leading producer of green steel by 2030 – forecast
China may become the leading producer of green steel by 2030 – forecast

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

Photo – Stegra is considering the construction of a pelletizing plant in Sweden
Stegra is considering the construction of a pelletizing plant in Sweden

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

Photo – Announcement: 3rd China Green Steel Summit 2024
Announcement: 3rd China Green Steel Summit 2024

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

Photo – Voestalpine issues the first green bonds in the European steel industry
Voestalpine issues the first green bonds in the European steel industry

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

Photo – MENA region can become a leader in the race for green steel – IEEFA
MENA region can become a leader in the race for green steel – IEEFA

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

Photo – Stegra receives first €100 million of Swedish state aid
Stegra receives first €100 million of Swedish state aid

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

Photo – Swedish H2 Green Steel has rebranded
Swedish H2 Green Steel has rebranded

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

Photo – IFC to provide green financing to Indonesian steel producer
IFC to provide green financing to Indonesian steel producer

The institution will also advise PT Gunung Raja Paksi Tbk on gaining access to green steel markets

Photo – Metinvest has a resource base for the production of green steel in Europe – company’s CEO
Metinvest has a resource base for the production of green steel in Europe – company’s CEO

The group is considering the acquisition of new capacities for the production of green steel outside the country

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