ArcelorMittal

Last year, the company increased steel production by 1% y/y

The order for modernization was received by the Spanish Sarralle Group

The plant reached the maximum production rate in the last ten years – 42 thousand tons of sheet steel per month

The loss of production in Dunkirk will be compensated by the company's other French sites

From 2024, the Mardyck plant will produce an additional 200,000 tons of electrical steel

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%