ArcelorMittal plans to stop production of pipes at the plant in Krakow

The company will stop production of pipe products in the first quarter of 2024
ArcelorMittal Temirtau will be bought by a Kazakh investor by December

The investor and the value of the contract will be named after all documents are signed
ArcelorMittal is trying to influence the situation on the steel market in the EU

During January-November, the company limited production in Belgium, Germany, Poland, France and Bosnia
ArcelorMittal Poland puts the coke battery in Krakow into conservation mode

This decision is due to two factors: low demand for coke and high coking coal prices
ArcelorMittal Brasil is temporarily suspending the operation of three plants

Downtime at enterprises will last until December 2023
ArcelorMittal suspends part of the capacities in Poland and Bosnia

The company suspended the blast furnace at the plant in Zenica (Bosnia and Herzegovina) and the wire rod production plant in Sosnowiec (Poland)
ArcelorMittal has announced the first commercial production of ethanol at a plant in Belgium

This is a step towards full commissioning of the Steelanol plant
ArcelorMittal Poland will invest PLN 1.5 billion in 2023

The largest amount went to the modernization of the blast furnace in Dombrov-Gurnych
ArcelorMittal Europe in January-September reduced steel output by 11% y/y

During this period, steel shipments decreased by 7.8% y/y
ArcelorMittal aims to quickly conclude a deal on assets in Kazakhstan

The company estimated its assets in the country at $1.8 billion
ArcelorMittal reduced net profit by 57% y/y for January-September

In January-September 2023, the company's revenue decreased by 14.7%

ArcelorMittal reduced steel output by 3.1% y/y in January-September

Iron ore production fell by 7.5% y/y in 9 months

1 2 3 4 5 18