The European steel giant is preparing to restart green projects after the summer holidays
Global steel company ArcelorMittal has confirmed its commitment to decarbonize its industrial facilities in France. The company works closely with the French government, which plays a key role in protecting the steel industry not only in France, but throughout Europe. This is stated in the company's press release.
The steel industry is currently experiencing its deepest crisis since the financial crisis of 2009. That is why ArcelorMittal decided a few months ago to postpone the implementation of a number of decarbonization projects in Europe. At the same time, the company is optimistic about the latest EU initiatives, in particular, the Steel and Metals Action Plan presented in March 2025.
This plan provides for the creation of effective mechanisms to protect the internal market, in terms of improving the carbon adjustment mechanism at the border (CBAM) and limiting steel imports to 15% of total demand in the EU. The updated protective measures, which came into force on April 1, were the first important step in this direction.
In this context, ArcelorMittal announces its intention to restart its European decarbonization plan after the summer. In particular, the company has approved an initiative of about 1.2 billion euros for the construction of the first electric arc furnace at its site in Dunkirk.
This initiative is part of a broader strategy: €254 million has already been allocated for modernization in Dunkirk, €53 million for the facility in Fos–sur-Mer, and another €500 million will be invested by the end of the year in a new production line in Mardik. ArcelorMittal's total investment in France will reach €2 billion, a vision of the company's commitment to maintain dynamic and sustainable steel production in the country.