ArcelorMittal is navigating challenges in its decarbonization journey in Europe as it aims to replace blast furnaces with hydrogen-ready facilities. Despite facing obstacles such as the slow evolution of green hydrogen and market issues, the company is committed to achieving net-zero emissions by 2050. Initiatives include constructing electric arc furnaces and increasing production of low-carbon steel. The company acknowledges the need for supportive policies to accelerate the transition, emphasizing the importance of regulatory frameworks and customer demand. Policy uncertainties in Europe impact investment decisions, with expectations for clarity from upcoming reviews in 2025. ArcelorMittal also explores innovative technologies like carbon capture utilization and storage (CCUS) to further reduce emissions. Aditya Mittal, the Chief Executive, remains confident in achieving the net-zero target but highlights the necessity of new policies to unlock increased investment. The company looks forward to policy decisions in 2025 to drive decarbonization efforts and enhance the business case for sustainable steel production.