Metallurgy — latest ecology news

MENA can become a world leader in the export of ecologically clean iron

The company already uses 80% scrap in production processes

The first production of green steel will be launched by the end of 2025

The technology requires a temperature of 25-40°C and the presence of water

The company plans to become climate neutral by 2050

Emissions from green steel are 95% lower than from traditional production

Projects for significant reduction of carbon emissions are being developed for metallurgical plants

People's deputies will consider draft law No. 9484 "On scrap metal"

The development of the "transition path" is planned to be completed by the end of March 2024

ArcelorMittal plants can receive 47.6% of the total financing

The company plans to reduce emissions in the supply chain by more than 90%

The cost of the project reaches $7.9 million