ArcelorMittal announced a €1.3 billion investment in an electric arc furnace at its Dunkirk plant, aiming to produce low-carbon steel by 2029. The project, supported by French President Emmanuel Macron and the European Commission, is part of a strategy to reduce CO₂ emissions from steel production. However, the investment faced delays due to the company's concerns over European steel protection measures. The French government has provided €850 million in subsidies for decarbonization efforts. Some local representatives express skepticism about the project's timeline and job cuts.