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

Метинвест поддержит форум по декарбонизации стальной индустрии в Украине
Metinvest Group will act as the general partner of the international forum "Decarbonization of the steel industry: a challenge for Ukraine", which will be held 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 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 intends to further reduce its carbon footprint to combat climate change.

However, 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, the necessary technologies that will make the country's economy carbon-free are only at the research stage. To develop a detailed roadmap for the transition to a "green" industry, it is necessary to interact between manufacturers, engineering companies, consumers, suppliers and the state.

General Director of Metinvest Group Yuri Ryzhenkov:

- The Ukrainian industry faces a serious task that will affect the life of the whole country. Decarbonization can completely change both production and technology. The sooner business and the state develop a common approach to achieving carbon neutrality, the easier this process will be 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, existing 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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