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Europe Daily Bulletin No. 13207

23 June 2023
Contents Publication in full By article 19 / 28
ECONOMY - FINANCE - BUSINESS / State aid
European Commission approves Belgian support to Arcelor Mittal for production of low-carbon pre-reduced iron
Brussels, 22/06/2023 (Agence Europe)

On Thursday 22 June, the European Commission announced that it had authorised a Belgian measure worth €280 million, including a direct grant and a soft loan, to support ArcelorMittal Belgium in the partial decarbonisation of its steelmaking processes in Ghent.

The measure will support the construction of a pre-reduced iron production unit equipped with a new electric arc furnace, which will replace one of the two blast furnaces producing molten pig iron in Ghent. Ultimately, the plant...

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