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France - Latest news GMK Center

Photo – Industrial production in France fell by 2.1% m/m during May
Industrial production in France fell by 2.1% m/m during May

Production in steel industry fell by 3.1% m/m

Photo – France increased steel production by 36.4% m/m in May
France increased steel production by 36.4% m/m in May

In January-May 2024, French steelmakers increased steel output by 6.6% y/y

Photo – Marcegaglia acquires Ascometal steel plant in Fos-Sur-Mer
Marcegaglia acquires Ascometal steel plant in Fos-Sur-Mer

The company undertakes to invest €600 million in the modernization of the plant

Photo – France reduced steel production by 11.2% m/m in April
France reduced steel production by 11.2% m/m in April

In January-April 2024, French steelmakers reduced steel output by 0.1% y/y

Photo – France increased steel production by 13% y/y in March
France increased steel production by 13% y/y in March

In January-March 2024, French steelmakers increased steel output by 1% y/y

Photo – France reduced steel production by 10.2% y/y in February
France reduced steel production by 10.2% y/y in February

In January-February 2024, French steelmakers reduced steel production by 4.6% y/y

Photo – France’s construction sector is in recession
France’s construction sector is in recession

The economic context for the industry remains unfavorable

Photo – ArcelorMittal to commission ladle furnace in Fos-sur-Mer in Q2
ArcelorMittal to commission ladle furnace in Fos-sur-Mer in Q2

The project has entered the final phase of construction since the beginning of the current year

Photo – France produced 835 thousand tons of steel in January
France produced 835 thousand tons of steel in January

Compared to January 2023, the indicator increased by 1.5%, and compared to the previous month – by 2.6 times

Photo – Industeel to build a vertical CCM at a plant in France
Industeel to build a vertical CCM at a plant in France

Investments in the construction of the unit amount to €52 million

Photo – France reduced steel production by 17.4% y/y in 2023
France reduced steel production by 17.4% y/y in 2023

In December, steel production in the country fell to a record low level of 325,000 tons

Photo – ArcelorMittal Dunkirk will invest €1.8 billion in decarbonisation
ArcelorMittal Dunkirk will invest €1.8 billion in decarbonisation

The funds will be used to finance two electric arc furnaces and a direct recovery plant

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