“The technologies we have identified in our roadmap to 2050 have the potential to make a big impact. And with our plans for rolling them out across Europe, we are taking important steps forward. But we can’t do it alone. We need the support of the EU and member states to ensure we have well-designed policy, including available finance, access to alternative clean energy sources at competitive prices and public guarantees on initial ramp-up projects. Steel has the potential to be made without carbon emissions. But that will not happen without the right policy. The time is now and we cannot afford to fail.” Aditya Mittal, President and CFO, ArcelorMittal, and CEO ArcelorMittal Europe:

ArcelorMittal Europe has committed to reduce CO2 emissions by 30% by 2030, with a further ambition to be carbon neutral by 2050, in line with the EU’s Green Deal and the Paris Agreement. As Europe’s largest steelmaker, we have a significant role to play. We are pioneering two breakthrough carbon-neutral technology routes: the first, we call Smart Carbon and the second is an innovative DRI-based route.

The short animation below explains more about how we plan to become carbon neutral by 2050: