22
Jun
16:20
European Commission clears €280m grant to H2 decarbonisation project
The European Commission announced on Thursday a €280 million ($308m) grant to decarbonise ArcelorMittal’s steelmaking facility in Ghent, Belgium, using hydrogen, Kallanish reports.
The steelmaker’s project includes the construction of a direct reduction iron (DRI) plant and a new electric arc furnace (EAF) which will replace one of the two blast furnaces currently in operation. With the new facilities, natural gas will be gradually phased out of t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous