ENXTAM:MTMetals and Mining
ArcelorMittal’s €1.3b Dunkirk Furnace Reshapes Green Steel And Returns Profile
ArcelorMittal is committing €1.3b to build a new electric arc furnace at its Dunkirk site.
The project is targeted to start operations in 2029, using low carbon electricity under a long term contract.
The new furnace is expected to cut CO2 emissions by producing steel with a lower carbon footprint than traditional blast furnaces.
The move aligns with European decarbonization policies and broader climate goals for the steel sector.
For investors tracking ENXTAM:MT, this Dunkirk investment...