ArcelorMittal is pressing forward with the commissioning of its hydrogen furnaces in Kraków, despite pausing any financial decisions on green hydrogen-ready direct reduced iron (DRI) plants last November.
The project represents an investment worth PLN 52m ($12.6m). However, the world’s second-largest steelmaker previously said it would delay final investment decisions (FIDs) on decarbonisation projects after the European policy, energy and market landscape had not moved in a “favourable direction.”
Read more:ArcelorMittal freezes green hydrogen DRI projects, blaming slow policy progress
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