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
Announced: 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 company’...
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Related State Acts
Announced: 15 Feb 2022
Canada (Ontario): ArcelorMittal Dofasco secures CAD 500 million from the government of Ontario
Announced: 05 Jul 2021
Canada: Canada provides funding for the transformation of a steel manufacturing facility from coal-fired steelmaking processes to Electric-Arc Furnace production
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