In case this new proposal should be implemented, huge additional costs – which would not affect foreign competitors – could arise for the European steel producers. At a certificate price of 30 euros per tonne of CO2, the German steel industry would be threatened by unbearable burdens of up to 1 billion euros per annum between 2021 and 2030 (next trading period for certificates). “This proposal jeopardises the future of the steel industry and thousands of jobs in a dramatic way“, comments Frank Schulz, CEO of ArcelorMittal Germany Holding.
In case this new proposal should be implemented, huge additional costs – which would not affect foreign competitors – could arise for the European steel producers. At a certificate price of 30 euros per tonne of CO2, the German steel industry would be threatened by unbearable burdens of up to 1 billion euros per annum between 2021 and 2030 (next trading period for certificates). “This proposal jeopardises the future of the steel industry and thousands of jobs in a dramatic way“, comments Frank Schulz, CEO of ArcelorMittal Germany Holding.
ArcelorMittal appeals to politicians for fair industry conditions
Kategorien: heat processing | Wirtschaft und Unternehmen
Autor: Redaktion
Datum: 20. Jul. 2015