Arcelor S.A. was the world's largest steel producer in terms of turnover and the second largest in terms of steel output, with a turnover of €30.2 billion and shipments of 45 million metric tons of steel in 2004. From Wikipedia
The investment in a flagship electric arc furnace hinges on Brussels' implementation of import quotas and carbon-border adjustments, as the company maintains plans to cut 636 jobs across France.
