ArcelorMittal stops investing in Poland

Sanjay Samaddar, President of ArcelorMittal Poland, talks about the hazy future of enterprises in Poland and Europe, as the European Union does not create opportunities for development.

“In the current situation, the decision to start huge investments in Dabrowa Gornicha is actually economically unjustified. But this year we want to update blast furnace No. 2. Thanks to this we will be able to work for the next few years, ”says Sanjay Samaddar.

- New rules for EU ETS come into force in 2021. This is a serious threat to steel and rolled metal producers in Europe, he adds.