ArcelorMittal

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ArcelorMittal Pecem plans to increase production and export of slabs to Europe

At the first stage, the plant plans to increase production from the current 2.85 million tons per year to 3 million tons per year

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ArcelorMittal Poland increased steel sales by 15% y/y in 2022

Despite the drop in steel production by 15% y/y, the company managed to increase product sales to $5.93 billion

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Decarbonization will lead to an increase in steel prices by 10-20% – ArcelorMittal CEO

Steel companies striving for the production of environmentally friendly steel may face the unsustainability of their business models in the future

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Italy will protect Acciaierie d’Italia with a separate law

Legislators seek to restore the conditions for the development of steel industry

ArcelorMittal Bremen increases steel production

The company also plans to resume production at the Hamburg plant in the first half of 2023

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ArcelorMittal allocated more than UAH 380 million to help Ukraine in 2022

The funds were allocated to support the defense forces of Kryvyi Rih and humanitarian aid

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ArcelorMittal plans to restart blast furnace in Foss-sur-Mer in April 2023

Blast furnace №2 at the French plant was shut down in December 2022

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The European Commission approved state support of ArcelorMittal from Germany and Spain for €515 million

The funds will go to support the company's projects on decarbonization of steel production

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ArcelorMittal Zenica increased production of wire rod in January 2023

In January, the company produced 43,200 tons of wire rod, which is a new record

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ArcelorMittal postponed the investment of $150 million in the Mexican Las Truchas

Bureaucracy and disruptions in the delivery of equipment hinder the increase in the capacity of the mining complex in Mexico

Railway limestone deliveries in January-October 2022 decreased by 64% y/y

Transportation of mineral powder decreased by 30% y/y, and lime – by 55% y/y

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ArcelorMittal expects to increase steel supplies by 5% y/y in 2023

The company expects the recovery of global demand for steel in the current year by 2-3% y/y

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