ArcelorMittal (MT) Advances Green Steel With Gijon EAF Project

ArcelorMittal S.A. (MT) recently commenced the construction of an electric arc furnace (EAF) for long products at its Gijon plant, with the first heat production expected in the first quarter of 2026. This €213-million (nearly $230 million) investment marks the inaugural major EAF project within the European decarbonization program and represents a pivotal step toward low-carbon steelmaking in Asturias.The transition to the new process will significantly reduce CO2 emissions by shifting from a hot metal pro ...