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Price of 'green' steel poses challenges for ArcelorMittal
2 sourcesPublished · Updated
ArcelorMittal faces challenges in setting prices for new low-carbon steel produced at its Dunkirk plant. The production cost of such steel is 20-30% higher due to necessary investments and technologies that reduce greenhouse gas emissions.
Key facts
- New furnace reduces emissions by two-thirds
- Cost of new plant is 1.3 billion euros
- Price of 'green' steel is 20-30% higher
ArcelorMittal · Dunkirk · Europe
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