ArcelorMittal

ArcelorMittal begins temporary shutdowns of steel plants capacities in Europe

The company's blast furnaces will be partially stopped at enterprises in France, Poland, Spain and Germany

ArcelorMittal and Zeleros are testing steel for vacuum trains

The purpose of the tests is to find out how certain grades of steel perform under ultra-high speed conditions

ArcelorMittal is speeding up repairs of the OBP’s №1 equipment

The workers of the ore beneficiation plant have equipped a new site for storing spare parts

ArcelorMittal agrees with unions on employment schemes at plants in Spain

The company is counting on an agreement that will allow the company to idle any of its plants in Spain for any period until the end of 2023

ArcelorMittal has reduced HRC prices in Europe by €40/t

In early September 2022, the company raised product prices, but the determination quickly weakened due to low demand

ArcelorMittal Acindar and PCR announced new investments in wind energy in Argentina

The companies intend to increase the capacity of the San Luis Norte complex by 36 MW

ArcelorMittal predicts a decline in steel production in Europe in the fourth quarter of 2022

The company expects to reduce production at its European facilities in the fourth quarter of 2022 by 1.5 million tons per year

ArcelorMittal has no plans to stop production in Luxembourg

The plant has enough orders to continue its activities, the CEO of ArcelorMittal Luxembourg claims

ArcelorMittal will shut down one of the blast furnaces at the plant in Poland at the end of September 2022

The company explains this step by the drop in demand for steel and the increase in the energy costs

ArcelorMittal’s problems in Europe will not affect the company’s activities in China

The partial shutdown of the corporation's blast furnaces in Europe will not hinder the expansion of production at its Chinese VAMA plant

ArcelorMittal to invest $1 billion in Kazakhstan’s production facilities

Most of the funds are intended to be used to modernize ArcelorMittal Temirtau production

ArcelorMittal Dunkirk plans to operate only one blast furnace out of three

Two other BFs were stopped earlier due to rising energy costs