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11 Nov
08:31

Befesa targets opportunities from EAF growth

Spain-headquartered steelworks dust processor Befesa has announced that it plans to invest around €500 million ($510.8m) in projects to capture the growing opportunities that the decarbonisation and electric vehicle trends are generating in the steel and aluminium industries. The 5-year Sustainable Global Growth Plan (SGGP) will enable the company to add between €125-155m to Ebitda, it claims. “Our investments will support electric arc furnace (E…
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