ArcelorMittal’s product document centre for industrial applications had a complete revamp.Read more
Manfred Van Vlierberghe,
CEO of ArcelorMittal Belgium
As having the label of being a ‘hard-to-abate’ sector suggests, decarbonising the steelmaking process is very complicated and capital-intensive. To put us firmly on the path to net-zero emissions by 2050, we are having to make comprehensive changes not only to the technology we use to make steel, but also to the sources of energy we use to power our facilities and reduce iron ore in the ironmaking process.
Torero: using biocarbon to fuel the blast furnace.
We have also announced a EUR 1.1bn investment, supported by the governments of Belgium and Flanders, to build a DRI plant and two electric arc furnaces, replacing Gent’s end-of-life blast furnace A.
What does all this mean for the environment? By 2030, we will have reduced our CO2 emissions by 3.9 million tonnes (on a scope 1 and 2 basis, compared with 2018), equivalent to more than 848,000 cars being driven for a year. Beyond 2030, we continue to transform the business as green hydrogen becomes available as an energy source, to reach carbon-neutral steelmaking by 2050.
For ArcelorMittal Europe customers, our decarbonisation investments mean that we are already contributing to the generation of CO2 emissions savings linked to the company’s XCarb® green steel certificates, allowing customers to buy certificates and immediately reduce their Scope 3 emissions.
Discover here what our customers say about the green steel certificates.
And once our Smart Carbon and DRI projects are fully operational, we will be producing near-zero carbon and ultimately, zero-carbon steel – firmly putting this incredible material at the heart of the circular economy.
I hope you enjoy this edition of eUpdate,
Manfred Van Vlierberghe
Read more on Renault Group’s customer visit to ArcelorMittal Gent
to discuss steelmaking decarbonisation goals.
Discover more on ArcelorMittal Belgium’s decarbonisation projects in this virtual tour.
Read more on ArcelorMittal’s Circular carbon steelmaking projects.