This is why our CEO Europe
, our head of Government
Affairs & Environment
and the German Steel Sector
Federation would like to discuss with you a proposal for the green steel
definition developed under the leadership of the German Federation, as crucial
prerequisite for future lead markets of green steel. Our proposed system is
compatible with the concept of the International Energy Agency (IEA). We
would like to show you how its implementation in commercial reality can make
a significant contribution to the ramp-up of green steel and booster the
transformation of steel.
These lead markets are increasingly important as at the moment the business
case to invest in the EU steel production is much weaker than in other regions,
due to the European energy crisis, the high unilateral ETS costs, uncertain EU
decarbonisation rules and more attractive policies of some of the EU's major
trading partners like the US.
This is why we would highly appreciate to meet with you. Could you please let
us know whether that wil be possible?
Yours sincerely,
Head of European Union Institutional Affairs
ArcelorMittal