green steel - Latest news GMK Center

Steel products have already been manufactured and delivered to two customers

The cost of the 7-year agreement was €130 million

Decarbonisation of the steel industry will remain a leading theme in 2024

The green transition of the steel industry requires new technologies and strategies

Due to the war, Ukraine has already lost at least two years to start the process

Berlin may soon receive approval from the European Commission to provide aid to the company

By 2050, it will increase from the current 26% to more than 60%

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

Investments in the project will amount to about $600 million

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

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

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