ArcelorMittal

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ArcelorMittal plans to acquire 28.4% stake in Vallourec for $1 billion

Thus, the company will expand its presence in the pipe business

france.arcelormittal
ArcelorMittal to commission ladle furnace in Fos-sur-Mer in Q2

The project has entered the final phase of construction since the beginning of the current year

weser-kurier.de
EC approves €1.3 billion in state aid for ArcelorMittal’s decarbonization in Germany

EC considers the aid necessary and expedient to promote the production of environmentally friendly steel

industriall-union.org
ArcelorMittal Zenica ended 2023 with a loss of $88.2 million

The results of the steel plant in Bosnia were affected by a drop in demand for steel, higher electricity prices and lower steel prices

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Green hydrogen is too expensive for ArcelorMittal Europe’s plants – CEO

The head of the European division believes that low-carbon steel could be produced from imported DRI

industeel.arcelormittal.com
Industeel to build a vertical CCM at a plant in France

Investments in the construction of the unit amount to €52 million

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Steel demand outside of China to grow by 3-4% in 2024 – ArceloMittal

The forecast for demand for steel in China this year is +0-2% y/y

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ArcelorMittal received $4.87 billion in net profit in 2023

The company's revenue for the year was $68.27 billion

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ArcelorMittal produced 58.1 million tons of steel in 2023

Production of iron ore for the year amounted to 42 million tons

weser-kurier.de
Germany to provide €1.3 billion in subsidies for decarbonization of ArcelorMittal

The company plans to invest €2.5 billion in replacing blast furnaces with electric arc furnaces at plants in Bremen and Eisenhuttenstadt

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ArcelorMittal closes first deal to sell green steel in Brazil

Steel products have already been manufactured and delivered to two customers

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Brazil’s ArcelorMittal Pecem reaches design capacity

In 2023, the company produced 3 million tons of slabs

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