Global Trade Alert
Global Trade Alert

Canada: Government supports the conversion of ArcelorMittal’s steel making process

Announcement

30 Jul 2021

In July 2021, Canada supports the conversion of ArcelorMittal’s steel making process from a coal-fired steelmaking process to a “hydrogen-ready, direct reduced iron–fed electric arc furnace”.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Jul 2021

Revocation date:

No revocation date

Updated: 30 Jul 2021
State loan In force

On 30 July 2021, the government of Canada announced providing CAD 400 million (USD 320.8 million) to ArcelorMittal Dofasco G.P., Canada’s largest producer of flat-rolled steel, to support the...

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