HomeEconomyArceormittal will invest 1,200 million euros in Dunkerque (but maintains its social...

Arceormittal will invest 1,200 million euros in Dunkerque (but maintains its social plan)

This investment will aim to accelerate the decarbonation of the site as soon as the EU specifies its protection measures of European steel.

The ArcelorMittal steel manufacturer reaffirmed its “intention” to invest in the decarbonation of its Dunkerque (north) site up to 1.2 billion euros, provided that Brussels concretize its measures to protect the European steel, without saying that the elimination of the positions announced in France.

The group confirms “its intention to invest in a first electric oven, in its Dunkerque site, for an amount of around 1.2 billion euros”, taking into account the measures taken by Brussels that go “in the right direction,” the group said in a press release.

>> More information to come to BFM Business in a few moments. Also find the live BFM business on video and Follow us on Twitter.

Author: PL with AFP
Source: BFM TV

Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read
Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here