ArcelorMittal has announced delays to its ambitious green steel transition due to ongoing uncertainty surrounding European Union policy and regulatory clarity. The company had previously committed to deploying breakthrough technologies such as direct reduced iron (DRI) and carbon capture, utilization, and storage (CCUS), but now says it must reassess the pace and scale of its transformation in the absence of clearer guidelines and support frameworks.
According to leadership, one of the core barriers is the lack of long-term policy consistency regarding emissions regulation, hydrogen availability, and funding for industrial decarbonization projects. ArcelorMittal has already made notable progress with investments in electric arc furnaces and renewable energy integration but states that transitioning from pilot to large-scale deployment requires deeper structural support from European policymakers.
Despite these delays, the company reaffirmed its long-term commitment to net-zero targets and continues to engage with stakeholders to shape a more predictable regulatory environment. ArcelorMittal’s cautious stance reflects a broader sentiment within the European steel industry, where many producers are ready to lead the green transition—but only with sufficient political and financial backing.
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