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26 Jan
15:06

Germany earmarks €1 billion for ArcelorMittal decarbonisation: reports

ArcelorMittal’s German mills might soon obtain more than €1 billion ($1.1 billion) in public subsidies for their transition towards low-emission steelmaking, Kallanish hears. ArcelorMittal has been on standby for a positive decision on the subsidy, after Germany’s other oxygen-route mills had state aid approved one after the other last year. Subsidies have so far been granted to thyssenkrupp (€2 billion), Salzgitter AG (€1 billion) and S…
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