9,810.94 TRY BIST 100 BIST 100
5.26 CNY CNY CNY
41.09 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
41.23 TRY Interest Interest
72.33 USD Fossil Oil Fossil Oil
33.13 USD Silver Silver
5.10 USD Copper Copper
100.18 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,702.36 TRY Gold (gr) Gold (gr)
9,810.94 TRY BIST 100 BIST 100
5.26 CNY CNY CNY
41.09 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
41.23 TRY Interest Interest
72.33 USD Fossil Oil Fossil Oil
33.13 USD Silver Silver
5.10 USD Copper Copper
100.18 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,702.36 TRY Gold (gr) Gold (gr)
9,810.94 TRY BIST 100 BIST 100
5.26 CNY CNY CNY
41.09 EUR EUR EUR
37.92 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
41.23 TRY Interest Interest
72.33 USD Fossil Oil Fossil Oil
33.13 USD Silver Silver
5.10 USD Copper Copper
100.18 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,702.36 TRY Gold (gr) Gold (gr)

Carbon-free steel production with EAF investments in the Balkans

The Balkans is focusing on environmentally friendly production processes by adopting Electric Arc Furnace (EAF) technology in steel manufacturing. BOF technology is used in major production facilities such as Serbia and Romania, while various green investments and sustainable production methods in the region are contributing to achieving Europe's green steel goals.

Carbon-free steel production with EAF investments in the Balkans

Technological differences in steel production in the Balkans

Steel production in the Balkans shows technological differences. Electric Arc Furnace (EAF) technology is favored by many producers due to its environmentally friendly processes and flexible production capacity. However, Basic Oxygen Furnace (BOF) technology is commonly used in large production facilities.

In Romania, EAF (Electric Arc Furnace) technology is common in local plants, while large integrated plants like Liberty Galati use BOF (Basic Oxygen Furnace) technology. These large plants in Romania continue to invest in line with their eco-friendly production goals. For example, Liberty Galati announced plans to invest up to 1 billion Euro by 2030 with the goal of becoming carbon neutral. This transformation aims to reduce CO₂ emissions by 80% by improving energy efficiency and advancing Romania's position in eco-friendly steel production. The company offers a wide range of products, including hot-rolled products, galvanized products, cold-rolled products, and organic coated products.

AFV Beltrame Group, plans to modernize the COS Târgoviște facility in Romania, which it acquired for 33.3 million Euro, with investments aimed at achieving eco-friendly production goals. The group is also continuing to increase production capacity and support environmental sustainability with its Donalam plant. AFV Beltrame Group’s product portfolio includes IPE and IPN profiles, special steels, rebar, and other products.

Major producers like HBIS Group in Serbia are also investing in eco-friendly production processes, aiming to reduce their environmental impact through the production of low-carbon steel products and energy efficiency projects. HBIS Group produces hot-rolled and cold-rolled steels.

Stomana Industry, located in Bulgaria, is the country's sole large steel producer and uses EAF technology while focusing on sustainable production methods. By offering low-carbon steel products and implementing projects focused on energy efficiency and recycling, the company is taking steps to protect the environment. Its product range includes hot-rolled plates and rebar for the construction, automotive, energy, and mining industries.

Global competition and local sustainability

Steel producers in the Balkans are aiming to stand out in the global competition by adopting sustainable production processes. For example, Tosyalı Holding announced plans to invest 35 million Euro in the Zeljezara AD Nikšić steel plant in Montenegro within the next three years. Tosçelik Nikšić aims to make Montenegro a key center for engineering steels in Europe with this move. While producing high-quality special steel products for the automotive and construction sectors, the company is committed to minimizing its environmental impact. Tosçelik is not only Europe's third-largest pipe producer but also Turkey's largest pipe producer and largest structural steel producer.

Croatian steel producer ABS Sisak has taken significant steps in environmental sustainability and efficient resource use with EAF technology. The company promotes recycling in its production processes and uses advanced technologies to ensure energy efficiency. Its product range includes long products for the construction, automotive, and engineering sectors.

SIJ Acroni, based in Slovenia, focuses on resource efficiency, waste reduction, and reducing carbon emissions while prioritizing recycling and circular economy practices. The company aims to operate with the most environmentally sensitive principles by producing high-quality steel products using EAF technology. It provides steel solutions for industries such as aerospace, automotive, chemicals, construction, energy, heavy machinery, and oil and gas.

Makstil is a company based in North Macedonia, primarily focused on the production of hot-rolled steel plates. It combines its corporate social responsibility approach with environmentally conscious production, contributions to the local community, and sustainability development goals.

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

Hoberg & Driesch acquires Salzgitter Mannesmann Stahlhandel's pipe operations

Friday, March 21, 2025

China takes new steps to reduce steel production

Friday, March 21, 2025

UAE's Hamriyah Steel to be Acquired by a Jordanian Company

Friday, March 21, 2025

US tariff policy leads to layoffs at Canadian companies

Tuesday, March 18, 2025

Germany creates EUR 500 billion fund for infrastructure and climate

Wednesday, March 19, 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