ArcelorMittal - Latest news GMK Center

Works councils at ArcelorMittal plants in Aviles, Gijón and Aboño suspended strikes

In January-March, steel shipments increased by 14% q/q

Shipments in this period increased by 5.7% y/y

In this way, the company expects to reduce the order fulfillment time and solve problems with the supply of ArcelorMittal slabs

Iron ore production increased by 1% q/q for the year

At the same time, the company has not yet completed the cleaning of blast furnace A at the Gijon plant

In January-March 2023, the company's revenue increased by 9.5%

In March, the unit suffered from a fire. Currently, the blast furnace has been cleared of the consequences of the incident by 70%

The unit was suspended on March 30, 2023, due to a fire

This acquisition will expand the company's processing capabilities and product portfolio

Pig iron production fell by 17.5% year-on-year

The company will receive €450 million to build a direct reduction plant that will replace two blast furnaces