ArcelorMittal Nippon Steel joint venture targets 20% emission cut by 2030
Tue, Feb 6, 2024 1:24 AM

ArcelorMittal Nippon Steel joint venture targets 20% emission cut by 2030

A Flip by Shubhangi Gupta
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ArcelorMittal and Nippon Steel India have released a climate action plan to reduce emissions intensity by 20% till 2030. Plan includes increasing renewable energy, recycling scrap steel, and implementing new tech. They also recommend policy changes to help the industry overall. The JV aims to meet 20% of their flagship plant's electricity needs through green energy and increase scrap utilization.

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