ArcelorMittal delays its massive carbon-free steel project at its Dunkirk site

The steelmaker ArcelorMittal has decided to delay its massive carbon-free steel project on its Dunkirk site (North), the Minister Delegate for Industry said on Saturday, with the CGT evoking for its part a “black scenario”. “The European steel industry is currently in crisis, with demand and prices for steel reaching historic lows. This context explains ArcelorMittal's decision to postpone its investment in the decarbonization of the Dunkirk site, which is currently not operating at full capacity.said Marc Ferracci, in a statement.

According to the newspaper the New Factory who revealed the information on Saturday, “the group is now requesting measures to protect European steel from the European Commission before making any investment of this type in Europe”. Contacted by AFP, ArcelorMittal did not immediately react.

Emblematic of this industry's efforts to reduce its carbon footprint, the ArcelorMittal project in Dunkirk was costed at 1.8 billion euros, including state aid of up to 850 million euros. This involves building two electric furnaces and a direct iron reduction unit, the first step in producing carbon-free steel. The delegate minister assured that “the French State is working, particularly with other European countries, to re-establish fair rules in the face of international competition”.

Also read
In Dunkirk, the electrification of industry is taking shape

“A dark scenario” according to the CGT

Gaëtan Lecocq, general secretary of the CGT at Arcelor Dunkerque and elected to the Dunkerque CSE, spoke about “a dark scenario”without being able to confirm management's possible plans. “With the commitments linked to COP21, we must reduce our CO2 emissions by a third by 2030. If we do not keep these commitments, in the best case scenario, Arcelor will eliminate the entire cast iron sector, which represents half from the factory (…). The most pessimistic scenario, which we fear, is the closure of the factory.declared the trade unionist to AFP.

Arcelor Dunkerque is “the highest furnace in Europe, 3,200 direct permanent contracts, between 8,000 and 9,000 counting indirect jobs. One in five Dunkirk families works directly or indirectly for ArcelorMittal.he insisted. “For the moment, we are putting pressure on politicians to act, we are not going to let ourselves die like that (…) we are the first metallurgy union in France, we know how to fight. As soon as the announcements come, we will be ready”he promised.