Стратегічна модернізація ПАТ «Запоріжсталь» для декарбонізації та адаптації до вимог СВАМ

In the context of the global fight against climate change and the tightening of regulatory restrictions, such as the introduction of the European Union's Carbon Border Adjustment Mechanism (CBAM), Ukrainian metallurgical enterprises face serious challenges that require urgent solutions. For PJSC «Zaporizhstal» these challenges manifest in the need not only to reduce CO2 emissions but also to comply with new international environmental standards, which is critical for maintaining the competitiveness of their products in global markets. This article provides a comprehensive analysis of both economic and environmental risks associated with greenhouse gas emissions at PJSC «Zaporizhstal». The authors explore potential modernization pathways aimed at reducing the carbon footprint and improving environmental performance. Special attention is given to the implementation of advanced technologies such as Direct Reduced Iron (DRI) and Electric Arc Furnaces (EAF), which are promising solutions for the decarbonization of metallurgical production. The article presents the results of a detailed benchmarking of CO2 emissions at PJSC «Zaporizhstal» compared to European producers. The dynamics of metal product production, particularly hot-rolled coil (HRC), are analyzed, and changes in the margin of this product after the implementation of modernization measures are assessed. The economic feasibility of investments in «green» metallurgy technologies, which provide not only environmental efficiency but also economic benefits for the enterprise, is emphasized. The research results demonstrate that strategic modernization of PJSC «Zaporizhstal» is a key factor for ensuring the long-term sustainable development of the enterprise. Modernization will contribute to job preservation, increased productivity, and competitiveness of the enterprise in the international market. Additionally, adaptation to the requirements of the «green» transition will enable Ukrainian metallurgy to successfully integrate into global supply chains that consider environmental responsibility as a key criterion for evaluating production efficiency