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ArcelorMittal - Latest news GMK Center

Photo – ArcelorMittal Brazil will reduce rolled steel production by 1.3 million tons in 2023
ArcelorMittal Brazil will reduce rolled steel production by 1.3 million tons in 2023

The decrease in the volume of steel production is associated with a large volume of imports of rolled steel into the country

Photo – ArcelorMittal continues the program of temporary layoffs in Spain
ArcelorMittal continues the program of temporary layoffs in Spain

The trade unions agreed with the company to extend the temporary employment regulation scheme for three months

Photo – Kazakhstan is determined to change the owner of ArcelorMittal Temirtau
Kazakhstan is determined to change the owner of ArcelorMittal Temirtau

The relevant ministry notes that the change of investor cannot be forced

Photo – Limitation of steel production in China will support global steel industry – ArcelorMittal CEO
Limitation of steel production in China will support global steel industry – ArcelorMittal CEO

The situation will also be affected by China's demands to open new capacities and protective trade measures

Photo – ArcelorMittal invests more than $1.5 billion to expand production in Brazil
ArcelorMittal invests more than $1.5 billion to expand production in Brazil

The company plans to increase iron ore mining, steel smelting and rolled steel production in the country

Photo – ArcelorMittal Bremen to shut down blast furnace №2 in October
ArcelorMittal Bremen to shut down blast furnace №2 in October

The company plans to repair and maintain the unit

Photo – Trade unions are worried about the future of Acciaierie d’Italia
Trade unions are worried about the future of Acciaierie d’Italia

In an appeal to the government, they emphasize that the ADI plants are threatened with production stoppage

Photo – ArcelorMittal is considering extending the temporary employment scheme in Spain
ArcelorMittal is considering extending the temporary employment scheme in Spain

The deterioration of prospects in the steel market prompted the company to start negotiations with the trade unions

Photo – ArcelorMittal seeks to raise prices for uncoated steel in the EU
ArcelorMittal seeks to raise prices for uncoated steel in the EU

The new offer levels are €40/t higher than the last available quotes

Photo – Kazakhstan considers sale of ArcelorMittal Temirtau to Russian investors
Kazakhstan considers sale of ArcelorMittal Temirtau to Russian investors

Negotiations are currently underway with the Russian metallurgical company Severstal

Photo – ArcelorMittal may submit an offer to acquire US Steel
ArcelorMittal may submit an offer to acquire US Steel

Esmark and Cleveland-Cliffs already want to fight for the assets of the American company

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