France

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The business climate in the French construction industry improved in August

The number of contractors who consider the order portfolio higher than average has increased

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France reduced steel production by 23.2% y/y In July

On a monthly basis, the production indicator increased by 1.1%

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ArcelorMittal postpones investment in Brazilian enterprise

The commissioning of the new facilities was planned for the end of 2024

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France reduced steel production by 28.5% m/m in January-June

In June, French steelmakers reduced steel output by 31.5% y/y and 1.7% m/m

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Vallourec expects EBITDA growth in the Q2 to €370 million

In 2023, as the company predicts, the indicator will reach €950 million – €1.1 billion

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ArcelorMittal will continue production at the steel plant in Foss-sur-Mer

The company won an appeal against an order to suspend steel production

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The French construction sector continues to slow down

In June, the number of companies that consider the market to be unpredictable increased

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ArcelorMittal suspends Fos-sur-Mer plant due to environmental concerns

The reason was the decision of the labor inspectorate, the restart date has not yet been determined

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France reduced steel production by 14.1% m/m in May

The production rate fell by 33.2% y/y

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French construction companies pessimistically assessed the prospects of the market

Firms note the improvement of the situation with the supply of building materials

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ArcelorMittal Dunkirk continues the restoration of blast furnace №4

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

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