What did Germany's economy ministry express regarding ArcelorMittal?

Germany's economy ministry expressed regret over ArcelorMittal's decision not to proceed with two key hydrogen steel projects in Germany.

Why did ArcelorMittal cancel its carbon-neutral production plans?

ArcelorMittal stated that it dropped plans to convert two plants in Germany to carbon-neutral production due to high energy costs in the country.

Has any government money been allocated to ArcelorMittal's projects?

The ministry noted that no money has yet flowed, which means that no money has to be reclaimed.

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Home > Finance > Germany regrets Arcelor's decision to halt carbon-neutral steel production

Finance

Germany regrets Arcelor's decision to halt carbon-neutral steel production

Published by Global Banking & Finance Review®

Posted on June 20, 2025

1 min read

Last updated: January 23, 2026

Germany regrets Arcelor's decision to halt carbon-neutral steel production - Finance news and analysis from Global Banking & Finance Review

Germany regrets Arcelor's decision to halt carbon-neutral steel production

Quick Summary

Germany Expresses Disappointment Over ArcelorMittal's Steel Project Cancellation

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