ArcelorMittal seeks EU support to make steel greener – ZAWYA

ArcelorMittal seeks EU support to make steel greener – ZAWYA

ArcelorMittal seeks EU support to make steel greener ArcelorMittal seeks EU support to make steel greener | ZAWYA MENA Edition HomeBusinessConstructionArticleArcelorMittal seeks EU support to make steel greener ArcelorMittal says ready to move to cutting CO2    FRANKFURT- ArcelorMittal on Thursday outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from European Union states as well as carbon border taxes.Europe's steelmakers like ArcelorMittal, are under pressure to cut carbon emissions while maintaining profitability in a market where there is fierce competition, mainly from China."The support the EU and member states can give to ensure we have a well-designed policy to make large-scale, competitive, carbon-neutral steelmaking a reality, is critical," Chief Financial Officer Aditya Mittal said on a call.Europe's steelmakers like ArcelorMittal, are under pressure to cut carbon emissions while maintaining profitability in a market where there is fierce competition, mainly from China.FRANKFURT- ArcelorMittal on Thursday outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from European Union states as well as carbon border taxes."The support the EU and member states can give to ensure we have a well-designed policy to make large-scale, competitive, carbon-neutral