Metinvest will support the forum on decarbonization of the steel industry in Ukraine

Metinvest Group will act as the general partner of the international forum “Decarbonization of the steel industry: a challenge for Ukraine”, which will take place on July 14, 2021 in Kiev. An event on a topic that has been discussed by the entire international community in recent years will be held in Ukraine for the first time.

Throughout all the years of operation, Metinvest Group has been striving to reduce the negative impact of production on the environment. Over the past 10 years, Metinvest has allocated more than $ 3.4 billion to environmental initiatives. The group is committed to further reducing its carbon footprint to combat climate change.

However, the goal of achieving carbon neutrality will be a big challenge for Ukrainian companies, as it involves a complete change in production processes and supply chains.

In addition, technologies that will make the country’s economy carbon-free are now only being studied. Developing a detailed roadmap for the transition to a green industry requires interaction between manufacturers, engineering companies, consumers, suppliers and the government.

General Director of Metinvest Group Yuriy Ryzhenkov

– The Ukrainian industry faces a big task that will affect the life of the whole country. Decarbonization can completely change both production and technology. Earlier, business and the state will produce a unified approach to achieve carbon neutrality, then this process will be easier for the Ukrainian economy.

The forum is organized by GMK Center, an information-analytical and consulting company working in the field of metallurgy and industry. At the forum it is planned to discuss issues related to decarbonization of steel production, current and promising technologies, plans of companies to reduce CO2 emissions and interaction with the state in this direction. The event was confirmed by representatives of mining and metallurgical companies, international engineering, consulting and R&D companies, as well as government officials, business associations and industry experts.

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