ArcelorMittal needs cheap power, hydrogen for German steel revamp
Friday, 17 May 2024
ArcelorMittal may halt German steel plant decarbonisation plans without affordable electricity, renewables, and hydrogen by mid-2025, risking industrial capacity. Thomas Buenger, German division head, stresses the need for competitive energy prices and green resources to meet investment decision deadline.
ArcelorMittal may halt German steel plant decarbonisation plans without affordable electricity, renewables, and hydrogen by mid-2025, risking industrial capacity. Thomas Buenger, German division head, stresses the need for competitive energy prices and green resources to meet investment decision deadline.
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