Steelmaker ArcelorMittal to permanently close big-emitting Polish facility

Published 15:39 on October 8, 2020  /  Last updated at 22:53 on October 8, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The world’s biggest steelmaker ArcelorMittal has decided to permanently close its blast furnace in Krakow, Poland, blaming the coronavirus-induced demand hit, cheaper imports, and higher costs for power and carbon.

The world’s biggest steelmaker ArcelorMittal has decided to permanently close its blast furnace in Krakow, Poland, blaming the coronavirus-induced demand hit, cheaper imports, and higher costs for power and carbon.

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