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ArcelorMittal - Latest Articles GMK Center

Photo – EC approves €2.85 billion green subsidies for Thyssenkrupp and ArcelorMittal
EC approves €2.85 billion green subsidies for Thyssenkrupp and ArcelorMittal

Environmental subsidies will support the decarbonization of steel production processes

Photo – ArcelorMittal to finance decarbonization projects in India
ArcelorMittal to finance decarbonization projects in India

Investments will come from the XCarb Innovation Fund

Photo – ArcelorMittal Pecem increased slabs export by 57.8% m/m in June
ArcelorMittal Pecem increased slabs export by 57.8% m/m in June

Compared to June 2022, the volume of foreign supplies decreased by 9.9% y/y

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

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

Photo – ArcelorMittal to raise prices for long products in the EU by €30/t
ArcelorMittal to raise prices for long products in the EU by €30/t

The new pricing policy will apply to July and August orders

Photo – ArcelorMittal plans to restart blast furnace A at the Gijon plant in July
ArcelorMittal plans to restart blast furnace A at the Gijon plant in July

The unit was stopped on March 22, 2023, when a fire broke out during routine maintenance of the blast furnace

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

Photo – The EU approved state aid to Belgium in the amount of €280 million for the ArcelorMittal project
The EU approved state aid to Belgium in the amount of €280 million for the ArcelorMittal project

The funds are intended for the partial decarbonization of steel production in Ghent

Photo – ArcelorMittal has turned to the Spanish government for financing decarbonization projects
ArcelorMittal has turned to the Spanish government for financing decarbonization projects

This is a €450 million grant for the decarbonization of the Gijon plant

Photo – ArcelorMittal Temirtau will undergo an environmental audit following an industrial accident
ArcelorMittal Temirtau will undergo an environmental audit following an industrial accident

Last week, there was a coke release in the company's blast furnace

Photo – China’s Baowu Group became the largest steel producer in 2022
China’s Baowu Group became the largest steel producer in 2022

Last year, the company increased steel production by 1% y/y

Photo – ArcelorMittal is modernizing a steel plant in Luxembourg
ArcelorMittal is modernizing a steel plant in Luxembourg

The order for modernization was received by the Spanish Sarralle Group

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