The largest steel producer in the Czech Republic, Třinecké Železárny, announced that it is postponing the completion date of the largest decarbonization project in its history, which is expected to be completed no earlier than 2030 instead of the previously announced 2028.
These investments will result in a gradual reduction of carbon dioxide emissions by 55% compared to the previous year. 1990.
The postponement provides for the introduction of key changes in steel production, including the construction of an electric arc furnace and infrastructure. Prior to the completion of the project, the company will actively negotiate with the Government of the Czech Republic and the European Union to secure sufficient support for the successful implementation of the project.
The main reasons for the delay in the introduction of the electric arc furnace are the lack of public support, uncertainty about the future European course regarding the rules related to the Green Agreement, the current negative situation on the steel market and unclear rules for protecting the market from imports from countries with lower steel production costs.
steelorbis. com
