Who is arcelormittal
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Shareholder Analysis. Flat Products Login. Long Products Login. Coke and Chemicals. Flat Steel Tender Login. Long Steel Tender Login. The deal was subject to approval by U. The resulting merged business was named ArcelorMittal and was headquartered in Luxembourg City. Acquired by Mittal Steel Company :. Acquired by Arcelor :. This project aimed to develop a technology which reduces more than 50 per cent of carbon emissions after the implementation of carbon capture and sequestration CCS.
In the Greenpeace report on carbon-intensive industrial companies, ArcelorMittal was one of the biggest profiteers after receiving large emissions allowances. It was reported that the excess allowances themselves are likely to overtake Belgium's total annual emissions by Active government lobbying by the company in South Africa opposed the proposed carbon tax. In the company's submission to the government, it suggested the carbon tax will "to seriously impact on our profitability if pushed through… [and] undermine our competitiveness against both developing and developed country steel producers, which do not currently confront such a tax burden".
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