21
Jul
11:53
ArcelorMittal secures EU funds for Dunkirk EAF shift
ArcelorMittal France has been awarded €850 million ($945m) through a French measure approved by the European Commission (EC) to decarbonise the steelmaking process at its French plant in Dunkirk, Kallanish notes.
A 2.5 million tonnes/year capacity direct reduced iron unit and two electric arc furnaces will replace two of the three existing blast furnaces and two of the three basic oxygen furnaces. Natural gas will gradually be phased out as the new equipment …
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Very good overview of the weekly steel market.
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