Industrial

'Greenwash' | ArcelorMittal taking more than $1.2bn in green hydrogen subsidies while building new coal-fired furnaces in India

Spain and Germany lining up €515m ($550m) of grants for green steel projects, following $655m subsidy given by Canadian authorities for 'hydrogen-ready' plant

ArcelorMittal executive chairman anc co-owner Lakshmi Mittal meeting with French President Emmanuel Macron in Versailles last summer.
ArcelorMittal executive chairman anc co-owner Lakshmi Mittal meeting with French President Emmanuel Macron in Versailles last summer.Photo: AFP/Getty
Subsidiesgreen steelGreen H2ArcelorMittalEurope
Published 20 February 2023, 14:38Updated 20 February 2023, 14:46