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The company is already taking particular steps towards greener technologies

Metallurgists consider electrometallurgy based on DRI and the use of hydrogen to be promising for reducing CO2 emissions.

Two memorandums of cooperation to cut emissions were singed during the decarbonization forum

The project’s total cost will exceed $1 billion. The Company signed a contract with Danieli, a leading producer of equipment

The Company believes a dialogue between the business and the government to be essential for decarbonization of Ukraine’s economy

The Group is considering Mariupol and Zaporizhia as potential construction sites for a new EAF steelmaking plant

Companies of the mining and metallurgical complex spent UAH 18.6 billion for environmental purposes last year

Revenues in the steel segment went up 35% in 3M

Also, the Group paid ₴165 billion in taxes over this period

On the other hand, the Group ramped up production of iron ore concentrate in Q1

Revenues in the steel segment amounted to $789 million

After shrinking in 2020 by 1%, to 4.58 million tons, domestic consumption of rolled products may increase to 4.72 million tons