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

On a monthly basis, the production indicator increased by 1.1%
ArcelorMittal postpones investment in Brazilian enterprise

The commissioning of the new facilities was planned for the end of 2024
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
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
ArcelorMittal will continue production at the steel plant in Foss-sur-Mer

The company won an appeal against an order to suspend steel production
The French construction sector continues to slow down

In June, the number of companies that consider the market to be unpredictable increased
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
France reduced steel production by 14.1% m/m in May

The production rate fell by 33.2% y/y
French construction companies pessimistically assessed the prospects of the market

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