ArcelorMittal - Latest news GMK Center

About 200 employees will receive new jobs and specialized trainings during the temporary shutdown of BF No. 3

ArcelorMittal South Africa plans to shut down its long products manufacturing facilities in September

Structural challenges, high energy costs, and shifting global trade flows are reshaping local steel sector

The increase is due to expected import restrictions and new EU protective measures

The company's revenue for the period amounted to $30.72 billion

Iron ore production for the period amounted to 23.6 million tons

The company is ramping up production in the US to mitigate the impact of tariffs and maintain market share and profitability

The company's European plants join the initiative

The producer claims to have lost profitability due to cheap imported steel and high energy prices and CO2 emissions

The company cites the unprofitability of the investment, given the prices of gas and green hydrogen

Ukraine can become a hub for low-carbon steel production

In Ukraine, the weighted average price for day-ahead trading last month was €100/MWh