In July 2021 we hosted several members of the Canadian government at an event to announce ArcelorMittal's first major decarbonization investment outside of Europe – an approximately CAD$1.8 billion investment in decarbonization technologies at ArcelorMittal Dofasco’s plant.
Partnering with the government towards a common decarbonization agenda
The intended investments will mean the Hamilton plant will transition away from the blast furnace-basic oxygen furnace steelmaking production route to the DRI – EAF production route. This will carry a significantly lower carbon footprint, reducing the Hamilton plant’s annual CO2e emissions by 60%, within the next seven years, with the new DRI and EAF installations coming into production before the end of 2028.
The plan involves constructing a 2 million tonne capacity DRI facility and an EAF facility capable of producing 2.4 million tonnes of high-quality steel through its existing secondary metallurgy and secondary casting facilities. Modification of ArcelorMittal Dofasco’s existing EAF facility and continuous casters will also be undertaken to align productivity, quality and energy capabilities between all assets in the new footprint.
Chrystia Freeland, Deputy and Minister of Finance
“Our government has been steadfast in defending and championing our steel workers. Today’s announcement, through the Net Zero Accelerator, is about investing in the low-carbon transformation of Canadian industry, taking serious action in the global fight against climate change, and supporting good middle-class jobs in Hamilton. We will continue to be there to support growth and a strong economic future for our steel workers and the broader Hamilton community.”