Fortescue approved investments of $750 million for three green projects

These are two hydrogen projects and a project in the field of green steel industry
ArcelorMittal Poland will invest PLN 1.5 billion in 2023

The largest amount went to the modernization of the blast furnace in Dombrov-Gurnych
Tata Steel begins construction of a new electric arc furnace in the state of Punjab

The capacity of the unit will be 750,000 tons of steel per year
Tenova will supply an electric arc furnace for Turkiye’s Hasçelik

The company invests in increasing competitiveness in the market of high grades of steel
Acciaierie d’Italia risks running out of gas

The default gas supply service used by ADI will expire in the near future
Duferco launches a new rolling mill at its plant in Italy

Investments in the project amounted to €250 million

Acciaierie d’Italia needs a strong industrial plan – Federacciai president

Decarbonization is also an urgent issue in view of the start of CBAM implementation
EC has approved the acquisition of subsidiaries of Swiss Steel by France’s Jacquet

The sale agreement was concluded in February 2023

Acciaierie d’Italia needs to restore liquidity

The Taranto iron and steel plant must restore a minimum level of normal operation
US Steel provides funding for Slovakia’s decarbonisation plans

The company noted that the application for grant funding through the EU Modernization Fund was approved
The situation at the Acciaierie d’Italia remains difficult

ADI President calls for company survival to be guaranteed, unions point out industrial plan is not being implemented
Brazil’s steelmakers will invest $12.5 billion in the industry over the next four years

The industry is showing confidence despite adverse conditions

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