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Stock impact report

Swedish Green Steel Firm Gets Permit to Build First Plant [Business News Network (BNN) (Canada)]

Arcelor Mittal NY Registry Shares NEW (MT) 
Last arcelor mittal ny registry shares new earnings: 2/6 01:00 am Check Earnings Report
US:NYSE Investor Relations: corporate.arcelormittal.com/investors
The main permit was for construction of the plant, the Land and Environmental Court in Umea said in a statement on Friday. It also granted approval for rerouting a stream, while stipulating that the company must take measures to protect local people and the environment. The Stockholm-based firm is one of a new breed of steelmaker seeking to overhaul the way the alloy is manufactured as global industries move toward a low-carbon future. The industry, which has relied largely on the same production techniques for more than a century, accounts for about 7% of the world's carbon emissions. How Steel Could Become Green, and What It Would Take: QuickTake The company plans to start production by 2024-2025, with annual capacity expected to hit 5 million tons by 2030. Construction can start immediately, the court said. “This means that we can start to prepare the site for building work this summer,” the company said in a statement following the ruling. “Europe hasn't built any steel p Show less Read more
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