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Belgian government to provide 6 million euros to support green steel production

According to reports, the Belgian Council of Ministers announced on the proposal of the country's Energy Minister Stretten that in order to achieve carbon neutrality goals, the federal government has decided to provide 6 million euros (about 5.9443 million US dollars) to support the country's green steel cause. develop.

Stretten pointed out that the production of green steel is an important move to promote the low-carbon transition of the country's steel industry. The country can fix industrial enterprises and labor in the country by promoting the green development of steel production, and it can also reduce the dependence of the country's steel industry on fossil fuels and reduce carbon dioxide emissions. Green steel is a much-needed building material in the future.

ArcelorMittal, a major Belgian steel producer, announced last year that it would invest 1.1 billion euros (about 1.09 billion U.S. dollars) in the construction of a green steelmaking furnace at its Ghent steel plant, the largest green steel ever produced in Belgium. investment project.