The European Commission has approved a €460m ($491.5m) Spanish measure to support ArcelorMittal España in partially decarbonising its steel production processes with hydrogen.
H2 View understands the Spanish Government notified the Commission of the measure to decarbonise ArcelorMittal’s steel production operation in Gijón, Spain, which currently uses two blast furnaces producing liquid hot metal from a mixture of iron ore, coke, and limestone.
The aid, which is set to take the form of a direct grant, is planned to support the construction of a renewable hydrogen-based direct reduced iron (DRI) plant. Together with a new electric arc furnace, the plant will substitute the current blast furnace.
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