Industry News

ArcelorMittal France building new ladle furnace in Fos-sur-Mer

Views : 167
Update time : 2023-08-10 16:16:22
ArcelorMittal France is building a ladle furnace at its Fos-sur-Mer steel plant, with an investment of EUR 73 million.

The new furnace will greatly increase the use of recycled steel in the steelmaking process by 2025, thereby reducing the carbon footprint by 10% at this plant.

Besides, the Fos-sur-Mer plant’s electric arc furnace (EAF) will be commissioned by 2030, which will cut carbon emissions by 35%, meeting the company’s goal of achieving carbon neutrality by 2050.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices