Tag: ArcelorMittal cancels German H2 DRI projects.

NG-based DRI still not competitive in Europe Company to miss 2030 emissions reduction target In a significant decision that may have global repercussions, steel major ArcelorMittal has announced its intention to halt work on two major hydrogen-based steelmaking projects in Bremen and Eisenhüttenstadt in Germany. The company said soaring and unstable energy prices was the…