sustainable steel

  • ArcelorMittal’s €1.3 Billion Electric Arc Furnace in Dunkirk Marks Major Leap in Decarbonization

    ArcelorMittal is investing €1.3 billion in a new electric arc furnace (EAF) at its Dunkirk, France facility. This significant move is central to the company’s decarbonization strategy, shifting towards greener steel production by using electricity to melt scrap and DRI instead of coal-dependent blast furnaces. This investment reflects broader industry trends towards sustainability and aims to reduce carbon emissions, enhance operational efficiencies, and position European manufacturing at the forefront of a low-carbon economy.

    Markets 1 day ago