state support

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EC approves €128 million state aid to Sweden to support SSAB in decarbonization

This measure will help speed up the implementation of the project by three years

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Nippon Steel has applied for a subsidy to build new EAFs

In this way, the company aims to support its decarbonization efforts

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British government confirms £500m support package for Tata Steel

In addition, it is planned to present a strategy for the development of the country's steel industry in the spring of 2025

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EC approves €265 million in Swedish aid for H2 Green Steel plant

The Swedish event will be partially funded through the Recovery and Resilience Fund (RRF)

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British Steel has applied for a £600 million support package

The company is seeking help from the incoming government to implement its decarbonisation plans

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Acciaierie d’Italia to receive additional €120 million to cover debts

The financial guarantee for the transaction was provided by the Sace Group, controlled by the Italian Ministry of Economy

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Italy allocates €150 million for maintenance of Acciaierie d’Italia plant in Taranto

The government is also seeking to speed up a bridge loan for the troubled steelmaker

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«Made in Ukraine» policy should additionally increase GDP by 1% in 2024

UAH 45 billion is earmarked for support programs in the state budget this year

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EC approves €4 billion in German aid for industrial decarbonization

Support will be provided through bilateral carbon contracts for difference (CCfD)

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UK allocates a support package of £500 million to Tata Steel

The funds are intended to assist in the decarbonisation of production in Port Talbot

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Germany to provide industry with €50 billion for decarbonization purposes

The program is planned to be implemented over the next 15 years

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