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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| ArcelorMittal | EU:MT | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.03 | -0.12% | 24.30 | 24.23 | 24.35 | 24.68 | 24.16 | 24.50 | 1,804,974 | 16:40:00 |
From May 2019 to May 2024
By Joshua Stein
Air Liquide SA and ArcelorMittal have signed a memorandum of understanding to develop ways to produce low-carbon steel in Dunkirk, France, the two companies said Wednesday.
The companies said Air Liquide will supply carbon capture technology and low-carbon hydrogen to ArcelorMittal, which will decrease yearly carbon dioxide emissions at its facilities in Dunkirk by 2.85 million metric tons by 2030.
ArcelorMittal will use a submerged arc furnace and direct reduced iron unit in Dunkirk to drive the production of low-carbon steel, the companies said.
The companies didn't disclose the financial details of the arrangement.
Write to Joshua Stein at joshua.stein@wsj.com
(END) Dow Jones Newswires
March 17, 2021 13:29 ET (17:29 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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