Energy

With EU pressure growing fast to block imports of ‘dirty steel’, Interpipe is the first in Ukraine to slash CO2 emissions with a built from scratch electric arc steelmaking plant.

Tuesday, July 27, 2021

Opened in 2012 at the cost of $1 billion, the plant produces less than 250 kilograms of CO2 per ton of steel, one tenth of the amount produced by the open hearth plant it replaced. The plant was largely financed by SACE, the Italian export credit agency, and was equipped by Italy’s Danieli Group.

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Responding to high world prices, Ukraine increased its pig iron production by 8% during the first half of this year,

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Concorde Capital’s Dmytro Khoroshun writes:

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