9,224.84 TRY BIST 100 BIST 100
5.32 CNY CNY CNY
43.76 EUR EUR EUR
38.44 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
46.98 TRY Interest Interest
63.56 USD Fossil Oil Fossil Oil
40.67 USD Silver Silver
4.76 USD Copper Copper
98.50 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,094.11 TRY Gold (gr) Gold (gr)

ArcelorMittal France takes innovative steps at Fos-sur-Mer steel plant with 73 million euro investment

French steel giant ArcelorMittal is preparing to realise a major innovative investment at its Fos-sur-Mer steel plant in line with its sustainable production targets. The company will build a new ladle furnace with an investment of 73 million Euros.

ArcelorMittal France takes innovative steps at Fos-sur-Mer steel plant with 73 million euro investment

This new furnace aims to support sustainable production efforts by greatly increasing the use of recycled steel in the steelmaking process by 2025. This will reduce the carbon footprint of the Fos-sur-Mer plant by 10%. This step emphasises the importance attached to environmentally friendly production processes, while at the same time aiming to improve energy efficiency.

In addition, another important step in ArcelorMittal's sustainability journey will be taken at the Fos-sur-Mer plant. Planned to be commissioned by 2030, the electric arc furnace (EAF) will reduce carbon emissions in steel production by 35%. This step will contribute to meeting the company's goal of carbon neutrality by 2050 and will set an example for the green transformation of the steel industry.

ArcelorMittal France CEO said: "Sustainability is at the centre of our business strategy. These investments are part of our commitment to create a more liveable world for future generations, as well as demonstrating our environmental sensitivity in steel production." He also emphasised that the company will continue to contribute to the local economy and increase employment opportunities with new investments.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Investment opportunities in Tashkent

Wednesday, April 30, 2025

DNA PC Strand is the Silver Sponsor of Steel Summit 2025!

Wednesday, April 30, 2025

Türkiye's iron and steel export value increased by 18% in March

Wednesday, April 30, 2025

TUBACEX IBF Kazakhstan to build seamless pipe production plant in Kazakhstan

Wednesday, April 30, 2025

Saudi Arabia and Egypt deepen cooperation in steel production and exports

Wednesday, April 30, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now