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Global Trade Alert

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United States of America: DOE announces USD 283 million for Vale's low-emissions iron briquette production project

Description

On 25 March 2024, the Department of Energy announced financial assistance for Vale USA. This support will help decarbonize the iron and steel sector and reduce industrial greenhouse gas emissions. The...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Mar 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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