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ArcelorMittal - Latest news GMK Center

Photo – ArcelorMittal plans to integrate EAFs into electrical steel production chain in Europe
ArcelorMittal plans to integrate EAFs into electrical steel production chain in Europe

The company will ramp up production of these products in the region

Photo – ArcelorMittal resumes production at blast furnace B in Gijón
ArcelorMittal resumes production at blast furnace B in Gijón

After six months of downtime, the unit has passed testing and is being prepared for startup

Photo – ArcelorMittal tripled its net profit in Q1
ArcelorMittal tripled its net profit in Q1

The figure reached $575 million, while revenue and EBITDA also increased q/q

Photo – ArcelorMittal Poland has restarted blast furnace No. 3 in Dąbrowa Górnicza
ArcelorMittal Poland has restarted blast furnace No. 3 in Dąbrowa Górnicza

The unit resumed operations after being idle for several months. 60 million zlotys were allocated for the upgrade

Photo – ArcelorMittal produced 13.3 million tons of steel in Q1
ArcelorMittal produced 13.3 million tons of steel in Q1

The company increased production by 3.9% q/q but saw a y/y decline

Photo – ArcelorMittal has revised its long-term decarbonization strategy
ArcelorMittal has revised its long-term decarbonization strategy

The company acknowledges that the transition will be more challenging and expects to reduce its carbon intensity by up to 10% by 2030

Photo – ArcelorMittal Poland has completed preparations for the restart of blast furnace No. 3
ArcelorMittal Poland has completed preparations for the restart of blast furnace No. 3

Investment in the project totaled 60 million zlotys; the company also announced new investments in production and environmental protection

Photo – ArcelorMittal Industeel has commissioned a new continuous casting machine at its plant in France
ArcelorMittal Industeel has commissioned a new continuous casting machine at its plant in France

Investment in the project at the Le Creux site totaled €52 million

Photo – Romania has approved the sale of ArcelorMittal Hunedoara to UMB Steel
Romania has approved the sale of ArcelorMittal Hunedoara to UMB Steel

The regulator concluded that the transaction does not create significant barriers to competition in the Romanian market

Photo – ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector
ArcelorMittal has completed a $1.1 billion investment in Brazil’s green energy sector

The launch of a new solar power plant in Bahia will help bring the share of self-generated power to 85% by 2030

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