ArcelorMittal to delay European decarbonization plans, citing lack of EU support
seekingalpha
2024-11-26
HJBC/iStock Editorial via Getty Images
ArcelorMittal (NYSE:MT) -2.5% pre-market Tuesday after saying it will delay plans to replace its existing coal-fired blast furnaces with new "hydrogen ready" facilities, blaming a lack of clear policy direction from the European Union.
The steelmaker said it needs more time to
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