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ArcelorMittal finished the first part of its carbon capture project at the Ghent plant, aiming to cut CO2 in steel making.

MarketRead the original at tradingview.com
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Testing captured more than 90% of CO2, and wider use at Ghent could cut carbon intensity by up to 24%. This supports ArcelorMittal's emissions work, but wider use has not happened and more testing is planned.

MT · ArcelorMittal

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The AI's read

This gives ArcelorMittal evidence that the process can work at a steel plant, which could help lower emissions if used more widely. The possible 24% cut has not been achieved, and Phase 2 is expanding the tests. The story gives no cost or profit figures, so the gain shown so far is progress in testing.

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