Brief: ArcelorMittal, thyssenkrupp Steel, Voestalpine Call For ETS Reform
BRIEF-ArcelorMittal, thyssenkrupp Steel, Voestalpine Call For ETS Reform June 17 (Reuters) - ArcelorMittal SA MT.LU:
ARCELORMITTAL, THYSSENKRUPP STEEL AND VOESTALPINE CALL FOR PRAGMATIC ETS REFORM, TO SECURE THE COMPETITIVENESS OF EUROPEAN STEELMAKING AND HELP TO ACCELERATE DECARBONISATION
EU STEEL PRODUCTION COST EXPECTED TO RISE 50% BY EARLY 2030'S UNDER CURRENT ETS FRAMEWORK
COMPANIES ESTIMATE THAT WITHOUT REFORMS TO ETS, EU COULD FACE A 30-40% DECLINE IN STEEL‑INTENSIVE MANUFACTURING ACTIVITY
CALL FOR TEMPORARY PAUSE IN ETS COST ESCALATION UNTIL DECARBONISATION ENABLERS IN PLACE
CALL FOR ETS REVENUES TO BE DIRECTED TOWARD INDUSTRIAL DECARBONISATION
Source text: ID:nGNE3RTS6v
Further company coverage: MT.LU
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com ; +48 58 7785110;))
Recent news on Voestalpine AG
See all newsBrief: ArcelorMittal, thyssenkrupp Steel, Voestalpine Call For ETS Reform
Motor racing-Monaco penalties under review after Alpine appeal (updated)
Motor racing-Alpine clear first hurdle in review of Gasly's Monaco penalty
Europe Research Roundup: ASM International, Luceco, Voestalpine
UBS cuts Voestalpine as EU tailwinds seen priced in