INTIEABelgium · Direct grant and soft loan for green steel (Ghent - Arcelor Mittal)PolicyIn force

Direct grant and soft loan for green steel (Ghent - Arcelor Mittal)

EUR 280 million grant and soft loan to support the construction of a DRI+EAF plant that will replace one blast furnace (of the two in the Ghent facility). COD: 2026. Capacity: 2.3 mtpa of steel. Project applied to IPCEI, but was more suitable for support under CEEAG (so not…

Last changed 9 months ago.

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Country / jurisdiction: Belgium · Year: 2023 · Status: In force · Level: National · Type: Voluntary

EUR 280 million grant and soft loan to support the construction of a DRI+EAF plant that will replace one blast furnace (of the two in the Ghent facility). COD: 2026. Capacity: 2.3 mtpa of steel. Project applied to IPCEI, but was more suitable for support under CEEAG (so not included in the IPCEI funding)

Official source: https://ec.europa.eu/commission/presscorner/detail/en/ip_23_3404

Source

https://www.iea.org/policies/27959

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