Global steel giant ArcelorMittal has announced that its subsidiaries in Belgium, France, Luxembourg and Spain have joined the low-emission Steel (LESS) standard, strengthening the company's leadership in low-carbon steel production in Europe. ArcelorMittal Germany became one of the founders of LESS in 2024.
What is LESS?
The Low Emission Steel Standard (LESS) is a voluntary initiative aimed at creating a reliable and unified low emission steel labeling system in the EU. about 45 percent of European steel producers. Although the demand for low-carbon steel is growing, most of the steel in Europe is still produced using traditional methods.
ArcelorMittal expands its range of low carbon XCarb® steel
ArcelorMittal is currently the leading European supplier of low carbon steel under its XCarb® brand. The company supplied 400,000 tons of XCarb® steel in 2024 and expects this number to increase in 2025.
Political support: EU Law on Accelerating Industrial Decarbonization
The European Commission's Steel and Metals Action Plan, published in March this year, provides mechanisms to support "green" steel markets. The upcoming Law on Accelerating Industrial Decarbonization aims to stimulate demand for locally produced low-carbon metals in government procurement and create leading markets to increase the use of low-carbon steel in industries such as automotive and construction.
Upcoming challenges: Insufficient policy and difficult market conditions
Despite its effectiveness. However, ArcelorMittal is facing delays in the implementation of its decarbonization projects due to insufficient policies and difficult market conditions. Current investments are aimed at expanding the capacity of electric arc furnaces (EDP) in Gijon and Sestao in Spain to increase production of XCarb® steel.
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