15,040.25 TRY BIST 100 BIST 100
45.71 USD USD USD
6.78 CNY CNY CNY
53.22 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
40.70 TRY Interest Interest
101.23 USD Fossil Oil Fossil Oil
6.27 USD Copper Copper
117.30 USD Silver Silver
105.44 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,889.93 TRY Gold (gr) Gold (gr)
105.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Primetals receives EUR 1.8 million research funding from the European Union

Primetals Technologies is a partner in a research project to develop decarbonization technologies for the steelmaking industry, which has received a research funding of EUR 1.8 million from the European Union (EU) through the Research Fund for Coal and Steel (RFCS).

Primetals receives EUR 1.8 million research funding from the European Union

The project focuses on hydrogen injection in blast furnaces using Sequence Impulse Process (SIP) technology. The technology aims to significantly reduce carbon emissions in steelmaking processes and is seen as a major step as part of the iron and steel industry's goal to achieve carbon neutrality.

Primetals Technologies will carry out the furnace integration design and economic evaluation, while the project will proceed with the core technology to be designed by Thyssenkrupp AT.PRO tec GmbH. Moreover, the project will be coordinated by VDEh-Betriebsforschungsinstitut and K1-MET GmbH. The project will be tested through simulations in Voestalpine's blast furnace at its plant in Linz, Austria.

Project is considered as an important step towards sustainability and green transformation in steel production and is expected to be completed by 2028.

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

Uğur Dalbeler: EU’s new steel quota will challenge Turkish exports

Friday, May 22, 2026

Wesley Monteiro emphasized at Steel Summit that logistics crises and energy costs are driving margins into negative territory

Saturday, May 16, 2026

Tosyalı won four awards at the Stevie MENA Awards.

Monday, May 18, 2026

Steel Summit 2026 stainless steel panel emphasizes long term cost efficiency and corrosion resistance

Sunday, May 17, 2026

South Africa raised import duties on steel products to 10–30%

Thursday, May 21, 2026
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