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Photo – Ferrexpo estimates decarbonisation could cost up to $3.3 bln
Ferrexpo estimates decarbonisation could cost up to $3.3 bln

Main part of investments will relate to implementation of green hydrogen and solar power technologies

Photo – Italian Feralpi seeks to attract investment for development
Italian Feralpi seeks to attract investment for development

Initial public offering is being considered as one of the potential options

Photo – Chinese Xinxing invests $2 billion in steel plants in Egypt
Chinese Xinxing invests $2 billion in steel plants in Egypt

Production is planned to be located in the industrial zone in the port of Ain Sokhna

Photo – Gerdau invests more than $950 million in the Brazilian state of Minas Gerais in 2023
Gerdau invests more than $950 million in the Brazilian state of Minas Gerais in 2023

60% of the investments planned for the current year will be directed to operations in the state

Photo – JSW Steel plans to invest $244 million in the development of a new coking coal unit
JSW Steel plans to invest $244 million in the development of a new coking coal unit

The company recently acquired a coking coal deposit in the Indian state of Jharkhand, the reserves of which are estimated at 1 billion tons

Photo – Parliament proposes to allow ECA to insure investments against war risks
Parliament proposes to allow ECA to insure investments against war risks

The relevant draft law has been registered in the Verkhovna Rada

Photo – The EU agreed on temporary targeted support for the green industry
The EU agreed on temporary targeted support for the green industry

The most controversial issue at the moment is the approach to financing

Photo – Fortescue will begin mining iron ore in Africa by the end of 2023
Fortescue will begin mining iron ore in Africa by the end of 2023

At the initial stage, iron ore production will amount to 2 million tons per year

Photo – Ukrainian titanium: the export of titanium ores from Ukraine decreased by 42% y/y in 2022
Ukrainian titanium: the export of titanium ores from Ukraine decreased by 42% y/y in 2022

The situation on the market of Ukrainian titanium assets is unstable and attracts increased attention

Photo – Investments in the decarbonization of industry should remain in the EU
Investments in the decarbonization of industry should remain in the EU

In 2023, the European Union will focus on supporting green technologies

Photo – AMNS India has received approval for a $4.7 billion steel plant project
AMNS India has received approval for a $4.7 billion steel plant project

It is expected that the annual capacity of the enterprise will be 7 million tons

Photo – Metinvest is interested in the Hungarian steel mill Dunaferr
Metinvest is interested in the Hungarian steel mill Dunaferr

In December, the court ruled on the liquidation of ISD Dunaferr, the liquidation began on January 5, 2023

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