ArcelorMittal will receive €1.3 billion in state support for the transition to climate neutrality at its Bremen and Eisenhüttenstadt steel mills in Germany. German Economy Minister Robert Habeck emphasised that the support for this project is critical for the decarbonisation of energy-intensive industries.
ArcelorMittal plans to replace blast furnaces in Bremen and Eisenhüttenstadt with electric arc furnaces and direct reduction units by 2030. This conversion aims to reduce annual carbon emissions by 5.8 million tonnes and to produce 3.8 million tonnes of CO2-reduced steel. The company is cooperating with potential hydrogen suppliers and environmental organisations.
In Belgium, ArcelorMittal is taking a leading role in sustainability and circularity. The company plans to reduce CO2 emissions by 35% by 2030 and become climate neutral by 2050. Efforts in Belgium focus on energy efficiency, carbon circularisation and electrification.
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