United Kingdom, June 19 -- ArcelorMittal Europe announces today that, regrettably, it cannot proceed with its previously announced DRI and EAF plans for the decarbonisation of its flat steelmaking sites in Bremen and Eisenhuttenstadt.ArcelorMittal had already stated in November 2024 that it was unable to take final investment decisions on constructing new DRI-EAF assets in Europe, given that the policy, energy and market environments had not moved in a favourable direction. The company had also said at that time it was evaluating a phased approach to decarbonisation in Europe, starting with the construction of electric arc furnaces. As the contract with the Federal government of Germany, for EUR 1.3 billion of financial assistance required ...