A competitive long-term electricity contract with EDF

The introduction of CBAM and strengthened trade measures

50% project cost coverage through France’s Energy Efficiency Certificates (CEE)

Streamlined permitting under the Industrie Verte framework

Participation in the Dunkirk low-carbon industrial cluster (ZIBaC), reducing project and infrastructure risks

These conditions – which are not all present elsewhere in Europe and depend on the specific local situation - collectively provided the economic and regulatory certainty needed to proceed and we thank the European Commission and the French government for acknowledging the need to support the European steel market and its decarbonisation journey.

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7.\tYou have previously announced DRI-EAF projects at many of your European operations – in Belgium, France, Germany and Spain. Are they still being considered?

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8.\tHow do trade measures, CBAM and the ETS review affect competitiveness and decarbonisation?

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9.\tWhy are you asking for changes to the EU ETS? And what changes are you specifically asking for?

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10.\tSome claim that you have profited from ETS allowances. A recent study by Carbon Market Watch suggested between 2022 and 2024 ArcelorMittal received 131.1mn European Union Allowances (EUAs) while your verified emissions came to 92.3mn tonnes of CO2. Is this true?

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11.\tWhat is the reality of the situation today? What were your carbon costs in the previous ETS period (2021 to 2025) and what will they be this year?

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Climate FAQ

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Earnings Release

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