ArcelorMittal

19 September 2022

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

19 September 2022

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

19 September 2022

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

16 September 2022

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

12 September 2022

ArcelorMittal has no plans to stop production in Luxembourg

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

09 September 2022

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

08 September 2022

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

07 September 2022

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

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

07 September 2022

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

Two other BFs were stopped earlier due to rising energy costs

02 September 2022

ArcelorMittal to shut down the blast furnace at the Bremen plant in October

The company also announced the shutdown of the wire rod production plant in Hamburg

02 September 2022

ArcelorMittal to shut down one BF at its Asturias plant in September

The capacity of the Spanish plant will be reduced due to weak demand for products

01 September 2022

ArcelorMittal is on the edge of shutdown due to port blockade and low steel prices

According to the head of the company, it is unprofitable to export steel by land to Europe

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