Global Trade Alert
Global Trade Alert

Germany: EUR 1.3 billion financial grant to support ArcelorMittal decarbonise its steel production process in Germany

Announcement

23 Feb 2024

In February 2024, the European Commission approved a EUR 1.3 billion German financial grant to support ArcelorMittal in decarbonising part of its steel production processes in Germany.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Feb 2024

Revocation date:

No revocation date

Financial grant In force

On 23 February 2024, the European Commission approved a EUR 1.3 billion (USD 1.4 billion) German financial grant to support ArcelorMittal Bremen and ArcelorMittal Eisenhüttenstadt in decarbonising par...

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