ArcelorMittal is recognized as a Steel Sustainability Champion for the second year running by the World Steel Association (worldsteel) at its board meeting in Madrid, Spain.
To permanently reduce CO2 emissions, ArcelorMittal has developed a low-emissions technology strategy, which targets not only the use of alternative feedstocks and the conversion of CO2 emissions, but also the direct avoidance of carbon (Carbon Direct Avoidance, or CDA).
ArcelorMittal announced that it is one of 230 companies selected for the 2019 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality in the workplace.
ArcelorMittal called for Europe to introduce a green border adjustment whereby steel imported into Europe has the same standards applied on CO2 as European-produced steel under the Emissions Trading System (ETS) regime.
British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, is set for another major expansion of its steel production capacity in continental Europe following a conditional agreement to acquire two Belgian cold rolling steel mills and one in Luxembourg from ArcelorMittal.
ArcelorMittal Brazil is set to resume the expansion project at ArcelorMittal Vega, flat steel cold rolling, pickling, and galvanising unit located in São Francisco do Sul (state of Santa Catarina).