France

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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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ArcelorMittal expands electrical steel production capacity in France

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

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Aperam increased shipments by 19.9% ​​q/q in the first quarter

In January-March 2023, the company's sales amounted to €1.8 billion

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ArcelorMittal has restarted the Spanish ACB plant

At the same time, the company has not yet completed the cleaning of blast furnace A at the Gijon plant

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ArcelorMittal Dunkirk plans to restart BF №4 in June 2023

In March, the unit suffered from a fire. Currently, the blast furnace has been cleared of the consequences of the incident by 70%

ArcelorMittal plans to resume the work of BF №4 in Dunkirk at the end of May

The unit was suspended on March 30, 2023, due to a fire

srd-deroulage.com
Megasa acquired French steel supplier SRD

The Spanish company is strengthening its presence in Europe

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The fires at ArcelorMittal will provoke a deficit of 1 million tons of hot-rolled steel on the EU market

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

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