9,423.62 TRY BIST 100 BIST 100
38.03 USD USD USD
5.23 CNY CNY CNY
43.33 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
48.33 TRY Interest Interest
64.93 USD Fossil Oil Fossil Oil
32.28 USD Silver Silver
4.42 USD Copper Copper
97.98 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,929.36 TRY Gold (gr) Gold (gr)

EAEU countries intend to develop cooperation in metallurgy and scrap processing

At a seminar held at the Eurasian Economic Commission's industrial complex, the best technologies for the metallurgical sector and scrap processing were discussed, along with the prospects and opportunities for collaboration between EAEU businesses.

EAEU countries intend to develop cooperation in metallurgy and scrap processing

The seminar covered the issues and future prospects of the ferrous and non-ferrous scrap metal market, the most effective environmental and energy-saving technologies used in the metallurgical industry, and new opportunities and challenges for Union businesses in the context of the global climate agenda, taking into account the implementation of carbon taxes by other nations. The current situation may serve as a catalyst for the EAEU countries' climate change agenda and the creation of an import substitution system under the current technological landscape.

However, the carbon intensity of industrial enterprises in the EAEU is still quite high, and the transition to new production technologies is slow for a variety of reasons. Currently, measures are being developed in Union countries to decarbonize the main economic sectors. In this regard, experts emphasize that the union countries' combined efforts can give the development of the "greening" of the metallurgical industry a real boost. Companies from the EAEU countries, primarily those from Kazakhstan and Russia, are also actively involved in the development, discussion, and application of new global climate change prevention mechanisms.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Carbon-free steel production with EAF investments in the Balkans

Friday, March 21, 2025

Turkish steel industry aims for growth in wind energy

Monday, April 14, 2025

Sev.en Global Investments acquired Celsa UK and Celsa Nordic

Tuesday, April 15, 2025

EMSTEEL CEO shared the company’s long-term vision in interviews

Tuesday, April 15, 2025

Tosyalı to invest TRY 378 Million in solar power plant in Ankara

Tuesday, April 15, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now