U.S. Steel Košice plans to invest over €1bn by 2030

The U.S. Steel Košice steel mill plans to invest over €1bn in various projects by 2030 to reduce its carbon footprint and meet EU standards, according to its CEO, James Bruno. He called on the Slovak government to create a level playing field in terms of business environment. Slovakia has one of the highest energy prices for businesses in the EU. The government is already providing the steel mill with €12m annually as compensation for the high power prices.

(HN/1)