ArcelorMittal, a Luxembourgish multinational steel manufacturing corporation, agreed to acquire Zlomex, a Polish scrap metal recycling business. Financial terms were not disclosed. “I’d like to welcome all Zlomex’s employees to our group and look forward to working with them as we continue to execute our strategy to enhance our use of recycled materials in our steelmaking processes, reducing the carbon intensity of the steel we produce in the process. Alongside the technologies we are developing and deploying across our European business, this supports our ambition to lead the decarbonisation of our industry and meet our target of reducing the carbon intensity of the steel we produce by 35% by 2030,” Geert Van Poelvoorde, ArcelorMittal Europe CEO.