Bremen steelworks to receive power from newly installed wind turbines

Bremen Refers to a city in northern Germany. - Bremen steelworks to receive power from newly installed wind turbines

ArcelorMittal intends to swap out a blast furnace in Bremen and one in Eisenhüttenstadt (Brandenburg) by 2030. In Bremen, they'll erect a direct reduction plant and an electrolytic furnace. These new additions are estimated to run on green hydrogen.

The makeover at both spots would likely set ArcelorMittal back about 2.5 billion euros, according to their projections. The Federal Ministry of Economics and the state of Bremen are assisting the initiative with approximately 1.3 billion euros. ArcelorMittal has yet to make a final investment decision on the matter.

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