Plan to Decarbonize Steel Production in Slovakia

Slovakia now has plans for a drastic reduction of the emissions of its steel mill in the city of Košice, following Slovakia’s finance minister (and former PM) Igor Matovič’s high-level visit to the US owner of the facility, US Steel.

The plan would replace the operation’s hydrocarbon-powered blast furnaces with electric ones, reducing the steel works’ carbon emissions by 80% at a cost of EUR 1.5 billion. Matovič said he hopes funding could come from EUR 6 billion in EU recovery funds allotted for Slovakia.

Overhaul of U.S. Steel Košice is important for Slovakia as it employs about 10,000 people.

Source: Euractiv