Turkish steel company Erdemir has presented an updated sustainability strategy, according to which it plans to achieve zero carbon emissions by 2050. In 2025, the company will invest $825 million in projects aimed at green transformation of production, modernization of capacities and development of renewable energy. This is reported by SteelRadar.Key initiatives include the construction of solar power plants with an annual generation of 1.71 million MWh, the use of biomass as an alternative to coal, the production of direct reduction iron (DRI) based on natural gas and "green" hydrogen, as well as the implementation of carbon capture and storage (CCS) technologies.By the second quarter of 2025, the company has already commissioned the upgraded coke oven No. 4 (800 thousand tons/year) and a new blast furnace with a capacity of 2.8 million tons. The plans include increasing steelmaking capacity to 5.3 million tons by integrating new electric arc furnaces.In 2024, Erdemir invested $1.1 billion in accordance with the Net Zero roadmap, launching a pilot pyrolysis plant and completing hydrogen injection into the blast furnace.
The development of solar energy has also continued - solar power plants with a total capacity of over 2 GW have been implemented in 12 provinces of Turkey.According to the results of the first quarter of 2025, the company recorded a profit of 426.3 million Turkish liras and rose to 9th place in the ISO 500 ranking. Exports increased by $83.1 million, which confirms the growth of the company's global competitiveness due to environmental investments.As reported by GMK Center, during January-April 2025, Turkey's metallurgical industry reduced steel production by 1% compared to the same period in 2024 - to 12.27 million tons. Pig iron production during the period fell by 11.6% y/y - to 3.07 million tons.
Source: https://gmk.center/ua/news/erdemir-ogolosiv-masshtabni-investicii-dlya-zelenoi-transformacii-do-2050-roku/
