state support - Latest news GMK Center

Steel industry is among the most affected industries

Assistance will be provided through bilateral carbon contracts

The association believes that this will play a significant role in the context of growing global competition

In March, the retroactive introduction of transitional support was announced

The announcement of the aid comes after the plant was placed under temporary administration

Government launches consultation plan for steel industry

Government officials are discussing a rescue package, and the company has not yet abandoned its plans to shut down production

The business also asks to improve the British CBAM and mitigate the consequences of the introduction of this mechanism in the EU

This was one of the first steps of the newly created Steel Industry Council

Council established to advise on future strategy for the industry

Investments in the project are estimated at $2.1 billion

Four enterprises will be exempted from part of the electricity grid usage fee for 4 years