German Economy Minister Robert Habeck announced that the state will provide approximately €1.3 billion to support ArcelorMittal's steel mills in Bremen and Eisenhüttenstadt in transitioning to climate-neutral steel production. The funding covers half of the total investment and is deemed necessary to decarbonize energy-intensive industries. ArcelorMittal plans to replace traditional blast furnaces with electric arc furnaces and direct reduction units by 2030, expecting to cut carbon emissions by 5.8 million tons annually. The company aims to utilize green hydrogen once it becomes competitively priced and available in sufficient quantities. To prepare for this shift, ArcelorMittal is collaborating with potential hydrogen suppliers like EWE and environmental organizations like the BUND. Additionally, the company is pushing for competitive energy prices and a clear industrial policy in Germany to support its green transformation investment decision. Despite challenges such as the current high price of hydrogen and electricity, ArcelorMittal remains focused on decarbonizing steel production through various technological approaches.