The European Commission authorised, on Friday 17 February, a €460 million Spanish measure to support ArcelorMittal España (ArcelorMittal) in partially decarbonising its steel production processes in Gijón (two blast furnaces producing liquid hot metal from a mixture of iron ore, coke and limestone).
The aid, which will take the form of a direct grant, will support the construction of a renewable hydrogen-based direct reduced iron plant.
Equipped with a new electric arc furnace, the...