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28 Sep
07:21

Ascoval continues green steel investment despite sector woes

The French subsidiaries of SHS/Saarstahl Group, Saarstahl Ascoval and the Hayange rail unit, will continue to invest in the production of green steel despite the current steel sector woes and high production costs, Kallanish learns from the company. This year, the Saint-Saulve-based Ascoval steel mill will produce 350,000 tonnes of steel, but in the coming years the group targets an annual production of 600,000t. At present, 80% of the French division’s sa…
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