Business · Energy & Commodities · 11 hrs ago
ArcelorMittal starts work on electric furnace near Dunkirk
ArcelorMittal has started preparing an electric furnace at its Mardyck site near Dunkirk, France.
The steelmaker is France's largest CO2 emitter, and its current blast furnaces use coal-based fuel.
Steelmaking accounts for 25% of greenhouse gas emissions from French industry.
The new furnace is expected to let the company close one of the site's two blast furnaces and use more recycled steel.
ArcelorMittal says it will cut CO2 emissions by two-thirds.
The project is expected to cost more than one billion euros, with 300 million euros already committed.
The furnace is due to start operating in 2029, as part of the company's longer-term effort to reach carbon neutrality by 2050.
ArcelorMittal has begun preparatory work for an electric furnace at its Mardyck site near Dunkirk.
The furnace is intended to allow the company to shut down one of the site's two blast furnaces and cut CO2 emissions by three times.
It is also expected to increase the use of recycled steel in production.
The project is expected to cost more than €1 billion, with €300 million already committed.
The furnace is scheduled to enter service in 2029.
- Who
- ArcelorMittal, a steelmaker and France's largest CO2 emitter.
- What
- The company has begun preparatory work for an electric furnace. It is intended to replace one of the site's two blast furnaces.
- When
- Preparatory work began in the summer of 2026. The furnace is scheduled to enter service in 2029.
- Where
- At ArcelorMittal's Mardyck site near Dunkirk, France.
- Why
- To reduce CO2 emissions and use more recycled steel in production.
This story does not have two clearly opposing sides.
Preparatory work began, including reducing the coal storage area and extending the site to the north.
ArcelorMittal's project was reported as preparatory work continued at Mardyck.
The electric furnace is scheduled to enter service.
- Location
- Mardyck, near Dunkirk
- Project cost
- More than €1 billion
- Committed so far
- €300 million
- Planned output through new route
- 2 million tonnes out of 5.5 million tonnes
- Scheduled start-up
- 2029
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What people are saying
To achieve carbon neutrality in 2050, the traditional production route will have to disappear.
We will still produce 2 million tonnes out of 5.5 million tonnes through the new route. It is significant progress and certainly only a first step.