Industry News

ArcelorMittal Europe Invests in Modern Steelmaking Technologies

Views : 373
Update time : 2020-06-26 21:28:30

ArcelorMittal Europe announced its decision to invest in breakthrough technologies to help the company achieve significant reduction in carbon emissions. The integrated steelmaker aims to reduce carbon dioxide emissions by 30% by 2030 and attain carbon-neutrality by 2050.

In the first climate action report published yesterday, the company outlines investment in two carbon-neutral routes for steelmaking-smart carbon and DRI-based. The smart carbon route leverages all clean energies within the iron-making process, with primary focus on use of circular carbon. The route via DRI involves replacement of natural gas with hydrogen in the company’s iron-making procedure.

Related News
Read More >>
China's primary aluminum imports decline, exports surge in May China's primary aluminum imports decline, exports surge in May
Jun .26.2025
China's primary aluminum imports decline, exports surge in May
Taiwan's Yusco expects environmental issues to drive stainless steel demand Taiwan's Yusco expects environmental issues to drive stainless steel demand
Jun .26.2025
Taiwan's Yusco expects environmental issues to drive stainless steel demand
LME nickel returns to $15,000 level on expected Fed interest rate cut LME nickel returns to $15,000 level on expected Fed interest rate cut
Jun .26.2025
LME nickel returns to $15,000 level on expected Fed interest rate cut
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode
Jun .26.2025
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode