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ArcelorMittal Confirms $1.5 Billion Low-Carbon Steel Investment in France
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ArcelorMittal Confirms $1.5 Billion Low-Carbon Steel Investment in France
ArcelorMittal will invest €1.3 billion (about $1.5 billion) to build a new electric arc furnace (EAF) at its steel site in Dunkirk, France. The company said the project marks a major step in cutting emissions from its French steel production. The steelmaker announced the decision as French President Emmanuel Macron visited the Dunkirk site. ArcelorMittal said it now has more confidence to move forward because of recent policy and market changes …
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