20
May
14:38
ArcelorMittal bags EU loan for carbon-reduction projects
The European Union (EU) is supporting ArcelorMittal with a European Investment Bank (EIB) loan to scale up breakthrough technology to reduce carbon emissions, the steelmaker tells Kallanish.
The €75 million ($82.3m) loan is for two supported projects named Steelanol and Torero the company says. These are worth €215m in total and are set to reduce up to 350,000 tonnes/year of CO₂ emissions in the first phase. This is the equivalent to the greenhouse gas e…
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Anonymous
Very good overview of the weekly steel market.
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