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EU GREEN STEELMAKING: ArcelorMittal receives $82m EIB loan for two projects

• Wednesday, May 27, 2020
• Source:ferro-alloys.com

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• Keywords:EU GREEN STEELMAKING， ArcelorMittal， loan， projects

[Ferro-Alloys.com] Steelmaker ArcelorMittal is to receive a €75 million ($82 million) loan from the European Investment Bank (EIB) to be used on its projects intended to reduce carbon emissions.

 

Two projects will operate at ArcelorMittal’s Ghent location in Belgium. These are worth €215 million in total and are hoped to eliminate as much as 350,000 tonnes per year of CO2 emissions in the first phase.

 

Source: Metalbulletin

 

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