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Global Trade Alert

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Germany: EUR 55 million financial grant for ArcelorMittal's green steel plant

Description

On 17 February 2023, the European Commission approved a EUR 55 million (USD 58.4 million) financial grant from Germany. The grant supports German company ArcelorMittal Hamburg GmbH's construction of a...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Feb 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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