On Thursday 20 July, the European Commission announced that it had authorised a French aid scheme worth €850 million to help ArcelorMittal France reduce the carbon footprint of steel production at its site in Dunkirk (France).
At Dunkirk, ArcelorMittal operates three blast furnaces producing cast iron and three oxygen furnaces converting cast iron into cast steel.
The aid will enable the construction of a direct reduction plant and two electric arc furnaces, which, once operational,...