47 - ArcelorMittal halts green investments

Policy uncertainty in Europe stops the steel giant

Author

The Climate Mentor
December 2nd, 2024 • Estimated Reading Time: 4 minutes

Curtain falls ♻️

ArcelorMittal, the world's second-largest steelmaker, has recently announced a significant shift in its European operations by halting planned green investments.

This decision stems from policy uncertainties within the European Union (EU), impacting the company's decarbonization efforts.

Will it cause trouble to the EU economy?

Where is Arcelor Mittal in Europe? - The company in Europe employs 62,073 people, and has steel-making operations* in 8 countries.

Where is Arcelor Mittal in Europe? - The company in Europe employs 62,073 people, and has steel-making operations in 8 countries.

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