The European Commission has approved a €460 million Spanish measure to support ArcelorMittal Spain in decarbonizing its steel production.
The measure, according to the European Commission, will contribute to the achievement of the EU Hydrogen Strategy and the European Green Deal targets, while helping to reduce dependence on Russian fossil fuels and streamline the green transition in line with the REPowerEU Plan.
he Spanish government had passed the measure to the Commission for its approval, stating that the funds would be used to support the decarbonization of ArcelorMittal's steel production in Gijón.
Read more from Steel Times International
Date posted 22/02/2023
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