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green steel - Latest news GMK Center

Photo – Oman begins construction of key green steel plant
Oman begins construction of key green steel plant

Vulcan Green Steel is expected to produce 5 million tons of environmentally friendly steel per year

Photo – SSAB has started construction of an electric arc furnace in Okselesund
SSAB has started construction of an electric arc furnace in Okselesund

Investments in the project will amount to about $600 million

Photo – POSCO plans to produce all steel using hydrogen by 2050
POSCO plans to produce all steel using hydrogen by 2050

By 2030, the steelmaker expects to complete the commercialization of the HyREX technology

Photo – MENA region can become a leader in the production of DRI and green steel
MENA region can become a leader in the production of DRI and green steel

The Middle East and North Africa have good opportunities, but competition is intensifying

Photo – Demand for green steel in Europe will reach 3.68 million tons in 2023 – study
Demand for green steel in Europe will reach 3.68 million tons in 2023 – study

The volume of supply on the European market this year will increase to 1.51 million tons

Photo – SSAB and CorPower Ocean will cooperate in the field of renewable energy
SSAB and CorPower Ocean will cooperate in the field of renewable energy

CorPower Ocean will use green steel from SSAB to build the wave power plant

Photo – JSW Steel is considering green steel production
JSW Steel is considering green steel production

In this way, the company aims to adapt to the implementation of the European CBAM

Photo – Blastr Green Steel plans to use green electricity from Norway’s SFE
Blastr Green Steel plans to use green electricity from Norway’s SFE

The company is considering a long-term supply for a potential pellet plant

Photo – Metinvest did not change its strategy regarding the green transition despite the war – CEO
Metinvest did not change its strategy regarding the green transition despite the war – CEO

Ukraine seeks to speed up its path to EU membership, so it needs to transform faster than expected

Photo – H2 Green Steel signed an agreement with Roba Metals for €150 million
H2 Green Steel signed an agreement with Roba Metals for €150 million

Roba Metals will distribute H2 Green Steel products through a service center in Belgium

Photo – H2 Green Steel: a startup shaping the future of green steel industry
H2 Green Steel: a startup shaping the future of green steel industry

Founded just three years ago, the company is setting a model for raising funds and has already sold a significant part of its future steel

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