This is a €450 million grant for the decarbonization of the Gijon plant
The approval of the financing, according to the source, may take place in the coming weeks
The company expects subsidies from the UK to decarbonize the steel plant in Port Talbot
The company plans to replace two blast furnaces with electric arc furnaces. The total cost of the project exceeds €1 billion
The company needs help in financing the construction of a DRI production plant in Duisburg
The companies' two plants account for 95% of the UK's steel sector emissions.