MT Sep 2024 33.000 put
- Zacks
ArcelorMittal (MT) and Partners Test CO2 Capture Technology
ArcelorMittal (MT) and partners launch a pilot carbon capture unit in Gent, Belgium, to test and scale CO2 emission reduction technologies.
- Reuters
ArcelorMittal needs cheap power, hydrogen for German steel revamp
Steelmaker ArcelorMittal may not go ahead with plans to decarbonise its steel plants in Germany unless it gets cheap electricity as well as a sufficient supply with renewables and hydrogen, it warned on Friday. "If the framework conditions with internationally competitive energy prices and available quantities of green electricity and hydrogen are not in place, there's an increased risk of industrial production capacity leaving," said Thomas Buenger, who heads the steelmaker's German division. He said these conditions would have to be met by the middle of 2025 at the latest, which is when ArcelorMittal aims to take a final investment decision regarding its 2.5 billion euro ($2.7 billion) plan to decarbonise its German steel mills.
- Zacks
ArcelorMittal (MT) Advances Green Steel With Gijon EAF Project
ArcelorMittal's (MT) electric arc furnace at Gijon aims to reduce CO2 emissions by more than 35% and support growing low-carbon steel demand.
