ArcelorMittal

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

The implementation of the project is planned for 2024. The capacity of the installation will be 2 MW

The main shortage of hot-rolled steel in the EU is expected in the summer 2023

The company is assessing the consequences of fires that occurred at blast furnaces in Spain and France

Recently, there was a fire at one of the three blast furnaces of the plant. The company is evaluating the consequences and cause of the incident

The modernization is planned to be completed within three years