Arcelormittal signs letter of intent with the governments of belgium and flanders, supporting €1.1 billion investment in decarbonisation technologies at its flagship gent plant

Arcelormittal belgium will reduce co2 emissions by 3 .9 million tonnes per year by 20 30 , by bu ilding a 2.5 million - tonne direct reduced iron (dri) plant and two electric furnaces at its gent site , to operate alongside its state-of-the-art blast furnace that is ready to take waste wood and plastics as a substitute for fossil carbon .
MT Ratings Summary
MT Quant Ranking