【SMM Steel】Nippon Steel plans EAF investment at Košice steelworks in Slovakia

Published: Jun 23, 2026 17:09

Save

【SMM Steel】Nippon Steel is planning to invest in an electric arc furnace (EAF) at its steelworks in Košice, Slovakia, as part of its strategy to reduce carbon emissions and promote greener steel production. The project is expected to cut reliance on traditional coal-intensive steelmaking routes with high CO2 emissions. The investment aligns with the broader transition of the European steel industry toward lower-emission technologies. The EAF adoption is also expected to improve energy efficiency at the Košice plant and strengthen its competitiveness amid increasingly stringent environmental regulations.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 mins ago

MMi Daily Iron Ore Report (June 23)

Today, DCE iron ore futures opened weak in the morning session and saw a modest recovery in the afternoon, with the most-traded I2609 contract closing at 738.5 yuan/mt, down 0.54% from the previous trading session. Port spot prices held steady from the previous day.

10 mins ago

20 mins ago

[SMM HRC Daily Trading Volume] Spot HRC trading volume continues to weaken

[SMM HRC Daily Trading Volume] On June 23, the total daily HRC trading volume of sample enterprises in four SMM cities (Shanghai, Lecong, Tianjin, Ningbo) was 12,040 mt, down 230 mt (-1.9% day-on-day), up 8.47% calendar YoY, and up 19.92% lunar YoY.

20 mins ago

45 mins ago

[Sheet & Plate Export Transaction Segment]

[Sheets & Plates] The HRC export price dropped $1/mt DoD today, with the transaction price at $492-501/mt, while prices of other sheets & plates have been lowered by $1-2/mt. China’s export offers have been cut continuously, but according to trader feedback, demand in markets outside China has not been significantly released.

45 mins ago