ArcelorMittal Europe – Flat Products
The call for a business case for investments in Europe is supported by:
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We believe that many of the problems industry faces in Europe stem from a lack of clarity, predictability, and confidence in the region’s industrial policy. We believe the solution lies in leveraging the full potential of the EU’s Single Market and implementing laws that encourage European investment.
But to do this, we need a huge amount of clean energy – green hydrogen and renewable electricity – at an affordable rate. That will enable lower-emitting steel plants in Europe to remain sustainable and competitive on the global stage.
While steelmaking is among the most energy-intensive industries in Europe, every sector represented on the stage in Antwerp in February needs the same thing. A coordinated approach to providing clean energy across Europe is therefore vital.
That’s why one of the Antwerp Declaration’s 10 actions calls for legislation which creates incentives for businesses to invest in clean technologies - legislation that avoids prescriptive and detailed implementing regulations, and over-reporting.
As ArcelorMittal Europe, we fully support a European Industrial Deal to complement the EU Green Deal. We have been fighting for an industrial policy of this kind for many years. The Antwerp Declaration is the strongest sign yet that Europe recognises the need for a strong industrial sector in order for the Green Deal to succeed.
By Geert Van Poelvoorde,
CEO, ArcelorMittal Europe