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The steel industry can reduce emissions to almost zero by as early as 2050. Today, about 70 percent of the steel is produced in coal-fired blast furnaces, 25 percent is produced from scrap in electric furnaces and 5 percent is made using direct reduced iron reduction. BloombergNEF’s (BNEF) experts forecast 45 percent of the steel […]
Read MoreThe Ministry of Finance of the Russian Federation has prepared a draft law that enables a new tax for the metallurgical industry – an excise tax on liquid steel and the production of semi-finished steel products. In this regard, the Association of Electrometallurgical Enterprises (AEMP) considers it necessary to state that such an increase in […]
Read MoreThe Association of Electrometallurgical Enterprises (AEMP) which includes Abinsk Electric Steel Works, Ashinsky Metallurgical Plant, Balakovo and Amurstal, asked the Prime Minister of Russia to postpone the introduction of duties on metal products until a detailed analysis of the consequences for metallurgists is carried out. AEMP enterprises pay attention to the lack of the raw […]
Read MoreMr. Ivan Demchenko, the owner and Director General of the NOVOSTAL-M Metallurgical Holding told about a Balakovo SF-based new investment project on September 7. The report was read in the presence of M. V. Mishustin, Prime Minister, V. V. Volodin, Chairman of the State Duma, D. V. Manturov, Minister of Industry&Trade, And V. V. […]
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