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ArcelorMittal embarks on the green steel revolution

2021-11-15T19:57:44.725Z


The investments are considerable: the world's largest steel producer plans to put 10 billion euros on the table by 2030 at the global level.


Producing steel emits CO2 in very large quantities.

ArcelorMittal therefore finds itself at the head of the two leading industrial sites in terms of emissions of this gas in France.

Aware of the problem, the steel giant has set itself a very ambitious roadmap, which aims to reduce its greenhouse gas emissions by 25% worldwide by 2030 and to be carbon neutral d 'by 2050.

See also

ArcelorMittal announces the extension of its iron mines in Liberia

“For Europe, we have a stronger ambition with a reduction of 35% by 2030

, specifies Eric Niedziela, Vice-President Climate Action of ArcelorMittal.

The solutions to be implemented have already been defined.

These are techniques that we are familiar with or innovations, but which are already benefiting from pilot projects. ”

In the first place, it is a question of improving the carbon footprint of existing processes, in particular by recycling scrap metal or by capturing, then reusing or storing CO2.

This requires investing, especially in electric furnaces, to melt the scrap metal.

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Source: lefigaro

All business articles on 2021-11-15

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