Brief: Salzgitter Says Arcelormittal Europe's Decision To Slow Down Transformation Is Clear Signal That The Framework Conditions For Transformation Projects Must Be Improved

Salzgitter AG

20/06/2025 12:37

June 20 (Reuters) - SALZGITTER AG SZGG.DE:

ARCELORMITTAL EUROPE'S DECISION TO SLOW DOWN ITS TRANSFORMATION DUE TO HIGH ELECTRICITY PRICES AND THE STILL UNCLEAR HYDROGEN SUPPLY IS A CLEAR SIGNAL THAT THE FRAMEWORK CONDITIONS FOR TRANSFORMATION PROJECTS MUST BE IMPROVED

FOR COMPANIES LIKE SALZGITTER AG, WHICH ARE ALREADY IN THE MIDST OF THE TRANSFORMATION, IT IS NOW IMPORTANT TO FURTHER INTENSIFY THE EFFORTS THAT HAVE ALREADY BEEN LAUNCHED TO DEVELOP THE HYDROGEN ECONOMY AND TO REDUCE ELECTRICITY PRICES TO A COMPETITIVE LEVEL

Further company coverage: SZGG.DE

 (Gdansk Newsroom)

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