France

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

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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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ArcelorMittal warned of delays in the supply of rolled steel in Europe

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

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ArcelorMittal Dunkirk will operate on one blast furnace

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

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ArcelorMittal Dunkirk was affected by a fire at BF №4

The fire started in the morning of March 30, 2023, on the roof of the blast furnace, but it was quickly extinguished

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Aperam plans to invest in reducing energy consumption

The company applies an energy premium of €866/t to the March contracts

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France’s construction sector is experiencing a slowdown

Both prices and sales volumes are decreasing on the rebar market

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Electricity prices rose in most EU countries in February 2023

One factor was the rising cost of the carbon contract

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France increased steel production by 33.7% m/m

Production fell by 16.7% y/y

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ArcelorMittal plans to restart blast furnace in Foss-sur-Mer in April 2023

Blast furnace №2 at the French plant was shut down in December 2022

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