ArcelorMittal wants EU support to make steelmaking greener
The company’s green plans posit two processes to reduce carbon emissions, being ‘smart carbon’ and direct reduction of iron ore
Frankfurt — ArcelorMittal has outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from EU states as well as carbon border taxes.
Europe’s steelmakers, such as ArcelorMittal, are under pressure to cut carbon emissions while maintaining profitability in a market where there is fierce competition, mainly from China...
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