Steel group ArcelorMittal has signed an undertaking with the Spanish government in support of a €1-billion plan to construct a green hydrogen direct reduced iron (DRI) plant and a new hybrid electric arc furnace (EAF) at its facility in Gijón, in Asturias, as part of a pioneering move to transition the company’s Sestao plant, also in Spain, to a net-zero facility by the end of 2025. The proposed development has been outlined in a memorandum of understanding, signed this week, in which ArcelorMittal indicates that its Sestao plant is set to become the world’s first full-scale steel plant to manufacture zero carbon emissions steel.
