ArcelorMittal to Invest 1.2B Euros to Decarbonize Operations in Dunkirk
ArcelorMittal MT remains dedicated to reducing carbon emissions from its operations in France, working closely with the country’s government, whose strong support has been crucial in protecting the steel industry both in France and across Europe.
The European steel sector has been experiencing its most severe downturn since the 2009 financial crisis, prompting ArcelorMittal to postpone some of its decarbonization initiatives in Europe. Nonetheless, the European Commission’s Steel and Metal Action Plan, introduced in March 2025, offers hope that effective trade protection measures and the Carbon Border Adjustment Mechanism (CBAM) will be implemented in the near future.
The updated steel safeguard measures that took effect on…
