Rolls of steel are moved outside the ArcelorMittal Dofasco plant, an integrated steel producer, in Hamilton, Ontario March 7, 2018. — Reuters picBRUSSELS, March 17 — ArcelorMittal will offer green certificates to customers willing to pay a premium for low-carbon steel, it said today as it also launched a fund to support breakthrough technologies to curb carbon emissions from steelmaking.
“Steel, I believe, is the material of choice to achieve that objective,” Chief Executive Aditya Mittal told a news conference, referring to ArcelorMittal’s 2050 climate goal. The Luxembourg-based group said it would give customers the option to buy “green steel certificates” with their steel orders, representing emissions savings ArcelorMittal has achieved compared with the average CO2 intensity of European steelmaking through projects including reducing coal use in blast furnaces, allowing customers to report a reduction in their own emissions.
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