Metallurgy — latest ecology news
The funding will support some of the most advanced decarbonisation developments in the steel industry
Competitors from other countries will also incur similar additional costs
In 2022, the construction sector's energy-related emissions exceeded the "pre-pandemic" peak by 2%
Funding was allocated as part of a large-scale program for decarbonization of industry for $171 million
Due to the construction of the DRI plant, the cost of a ton of steel will increase by approximately €50
In China, the steel industry is already included in 6 out of 8 regional carbon markets
Turkey received 10.7 million tons of ferrous metal waste from the EU, that is, 60% of all exports
In laboratory conditions, it was possible to obtain 2.6 g of metallic iron from 15 g of red sludge
$37 million will be spent on decarbonization of iron and steel production
Scrap production from end-of-life cars is expected to reach 4.6 million tonnes in FY2023 and 7.30 million tonnes by 2029-30
The production of green steel will require approximately 1.5 GW of electrolyzers
Low-carbon steel will reduce the intensity of emissions by 66%