ArcelorMittal, EU

ArcelorMittal delays green transition plans blaming lack of EU support
ArcelorMittal, the world’s second largest steelmaker, said it would be delaying plans to replace its coal fired blast furnaces with hydrogen powered facilities, citing a lack of EU support
ArcelorMittal blames EU policy gaps for greening delay
ArcelorMittal (NYSE: MT), the world’s second-largest steelmaker, is delaying plans for transitioning to low-carbon steel production, blaming insufficient policy clarity and support from the European Union for its decision.
ArcelorMittal backtracks on green steel plans
Last April, ArcelorMittal received €450 million from the Spanish government to produce green steel using hydrogen-powered furnaces instead of coal. At the time, Madrid said the subsidy went directly to ArcelorMittal as it was the only company in Spain capable of manufacturing green steel.
ArcelorMittal says it is delaying planned green investments in EU
ArcelorMittal , the world's second-largest steelmaker, said on Friday it is delaying planned green investments, blaming uncertainties over European Union regulatory directives.
ArcelorMittal provides update on its European decarbonization plans
CETArcelorMittal is today providing an update on its decarbonization plans in Europe.The Company has previously announced
ArcelorMittal delays green investments in Europe over policy uncertainty
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ArcelorMittal said it would put on hold ambitious plans to invest in greener forms of steelmaking in Europe, blaming a lack of progress from EU policymakers to support ...
ArcelorMittal to delay European decarbonization plans, citing lack of EU support
ArcelorMittal will delay plans to replace coal-fired blast furnaces with hydrogen facilities due to lack of clear policy from European Union.
ArcelorMittal Says More Time Needed For Decarbonization Decisions in Current Conditions
The steelmaker cited current European policy and tough market conditions for holding off on reaching final investment ...
ArcelorMittal wins UK bid to put Liberty Steel subsidiary into administration over unpaid debt
ArcelorMittal won a bid on Tuesday to put a subsidiary of Liberty Steel, owned by commodities tycoon Sanjeev Gupta, into ...
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ArcelorMittal wins legal round in GFG dispute
Money owed by GFG’s Liberty Steel subsidiary to ArcelorMittal tied to 2019 transaction may result in several European mills ...
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ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound
ArcelorMittal, a global steel producer, is strategically exiting challenging markets and investing in high-value assets, ...
ArcelorMittal’s Decarbonization Journey Faces Policy Challenges
ArcelorMittal (MT) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At 40% ...
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ArcelorMittal puts French EAF conversions on hold
Steel producer’s chief executive says companies paying a premium for low-carbon steel “are still very much in the minority.” ...
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ArcelorMittal Poland to build hydrogen production plant
ArcelorMittal Poland will build a hydrogen production plant at its Krakow site, in collaboration with Linde Gaz Polska, which ...
ArcelorMittal (0RP9) Receives a Buy from Barclays
In a report released today, Tom Zhang from Barclays maintained a Buy rating on ArcelorMittal (0RP9 – Research Report). The company’s shares ...