ArcelorMittal plans to shut down Florange coking plant

Wednesday, 12 February 2020 17:17:49 (GMT+3)   |   Istanbul

ArcelorMittal France has announced that it is planning to shut down its coking plant in Florange by 2022-23, aiming to reduce its arbon footprint by more than 30 percent by 2030.

ArcelorMittal cited sluggish market conditions, particularly in the automobile sector, the increasing cost of carbon dioxide, pressure from non-European steel imports, and unfair competition as the reasons for the planned closure.

The company will invest in its Dunkirk plant to lower its needs for coke, which it is importing from the Florange plant currently.

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