2026-02-02 Liberia Govt and ArcelorMittal sign new long-term Mineral Development Agreement

Feb. 1, 2026 - The Government of the Republic of Liberia and ArcelorMittal (“the Company”) have signed an amendment to the existing Mineral Development Agreement (MDA), which was yesterday ratified via the Liberian legislative process, extending the duration of the agreement to 2050, with a right to renew for a fu...

2025-09-24 ArcelorMittal to shut down BF 3 in Poland

Sep. 24, 2025 - ArcelorMittal has decided to temporarily shut down Blast Furnace number three at its Katowice plant in Poland. The company is seriously considering shifting its production focus to India, raising questions about the future of its assets in Europe. Poland, traditionally known as Central E...

2025-06-12 ArcelorMittal Poland in talks with government regarding state funding for modernization

Jun. 12, 2025 - ArcelorMittal Poland, a subsidiary of Luxembourg-headquartered global steel producer ArcelorMital, has bequn negotiations with the Polish government to secure funding for its steel plant in the country, according to local media reports. The proposed state funding worth PLN 1 bilion ($267.88 mil...

2025-02-07 ArcelorMittal to move forward with construction of a new, world-class electrical steel facility in Alabama

Feb. 6, 2025 - ArcelorMittal announced that it is proceeding with plans to build an advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in Alabama. The new facility, wholly owned by ArcelorMittal, will be capable of producing up to 150,000 metric tons of NOES annually,...

2025-02-07 ArcelorMittal expects higher steel demand in 2025

Feb. 6, 2025 - Steel giant ArcelorMittal anticipates a recovery in steel demand this year after a challenging 2024, mainly due to disruptions from the Chinese steel industry. China, which produces more than half of the world’s steel, has been grappling with weak domestic demand caused by struggles in its construc...

2024-05-17 ArcelorMittal starts the construction of an electric arc furnace at its Gijón plant

May 10, 2024 - ArcelorMittal has started the construction of an electric arc furnace (EAF) for long products at its Gijón plant, which is expected to produce its first heat in the first quarter of 2026. This investment of €213 million will be the first major EAF project to be implemented within the company’s decarb...

2024-05-02 ArcelorMittal Invests in U.S. Electrical Steel

May 2, 2024 - ArcelorMittal’s recent announcement regarding its planned investment in a new electrical steel Non-Grain-Oriented Electrical Steel (NOES) production facility in Calvert, Alabama. ArcelorMittal’s Calvert project aims to establish a state-of-the-art facility dedicated to the production of ...

2024-03-14 ArcelorMittal acquires strategic stake in Vallourec

Mar. 12, 2024 - ArcelorMittal (the ‘Company’) today announces that it has signed a Share Purchase Agreement to acquire 65,243,206 shares, representing c.28.4% equity interest in Vallourec, for €14.64 per share from Funds managed by Apollo Global Management, Inc., for a total consideration of approximately €955 mi...

2024-02-20 Statement re Acciaierie d’Italia being placed into extraordinary administration

Feb. 20, 2024 - Earlier today the Italian Government announced that it has placed Acciaierie d’Italia SpA (‘ADI’) into extraordinary administration subsequent to the request of Invitalia, thereby passing control of the company from its current shareholders, ArcelorMittal and Invitalia, to government appointed com...

2024-01-11 ArcelorMittal plans to resume production at Bosnia steel plant

Jan. 10, 2024 - ArcelorMittal, one of the world’s largest steel producers, plans to reopen its steel plant in Zenica, Bosnia and Herzegovina (ArcelorMittal Zenica) this month. The company suspended its rolling mills and High Oven blast furnace in November 2023 due to weak market conditions. It was plan...

2024-01-11 ArcelorMittal to build world's single largest steel manufacturing site at Hazira by 2029

Jan. 10, 2024 - Lakshmi Mittal, the chairperson of steel manufacturing corporation ArcelorMittal, on Wednesday announced that the corporation will build the world's single largest steel manufacturing site at Gujarat's Hazira by 2029. Mittal was addressing the ongoing Vibrant Gujarat Global Summit (VGGS) 2024 while maki...

2023-12-08 ArcelorMittal completes sale of ArcelorMittal Temirtau

Dec. 8, 2023 - ArcelorMittal (‘the Company’) today announces it has completed the sale of ArcelorMittal Temirtau, its Kazakh steel and mining operation, to the Qazaqstan Investment Corporation (‘QIC’), a state-controlled direct investment fund. ArcelorMittal and the Government of Kazakhstan had been...

2023-06-25 ArcelorMittal invests 67 million euros in a new electric arc furnace at its Belval site

Jun. 16, 2023 - As part of its decarbonisation process, ArcelorMittal Luxembourg has confirmed its plan to invest in a new electric arc furnace (EAF) at its Belval site. This investment is part of a series of projects that were the subject of a memorandum of understanding (MoU) signed last Septembe...

2023-04-10 ArcelorMittal and Bamesa commit to working together on low-carbon projects

Apr. 1, 2023 - ArcelorMittal Europe – Flat Products and Bamesa, an international leader in steel service centres (SSCs), have today signed a Memorandum of Understanding (MoU) that will strengthen both companies’ efforts to reduce CO2 emissions as well as using XCarb® solutions. Yves Koe...

2023-03-24 ArcelorMittal Poland to modernize BF No. 2 at Dąbrowa Górnicza plant

Mar. 24, 2023 - ArcelorMittal Poland, a subsidiary of Luxembourg-based steel producer ArcelorMittal, has announced that it will modernize blast furnace No. 2 at its Dąbrowa Górnicza plant at the end of March. The company’s preparations for the shutdown of the furnace had begun in January. The project,...

2023-03-23 ArcelorMittal assessing fire damage at Asturias BF

Mar. 23, 2023 - ArcelorMittal in Spain said Thursday that it is evaluating the damage caused by a fire which broke out Wednesday at one of its blast furnaces in Asturias. The Luxembourg-based steelmaker said that at 16:50 GMT Wednesday a reaction took place at blast furnace A at its plant in Gijon, caused when hot m...

2023-03-10 ArcelorMittal completes acquisition of CSP in Brazil

Mar. 9, 2023 - ArcelorMittal (the ‘Company’) announces that following receipt of customary regulatory approvals it has completed the acquisition of Companhia Siderúrgica do Pecém (‘CSP’) in Brazil for an enterprise value of approximately $2.2 billion. CSP is a world-class operation, producing high-quality ...

2023-02-22 ArcelorMittal plans to restart Fos-sur-Mer blast furnace No. 2 in Apr

Feb. 22, 2023 - Luxembourg-based steelmaker ArcelorMittal planned to restart its blast furnace No. 2 at its Fos-sur-Mer plant in France in April. The company announced in early November last year that it would start idling furnaces from December due to high energy costs, high import volumes, and low demand and pr...

2023-01-28 Microsoft and ArcelorMittal back MIT spinout trying to green the $1.6 trillion steel industry

Jan. 27, 2023 - The $1.6 trillion steel industry is the backbone of the modern world. It's also a significant contributor to global warming, representing between 7% and 9% of global carbon dioxide emissions, according to the World Steel Association. That's why massive global businesses, including international ...

2022-11-25 Ukraine’s AMKR halts production due to blackouts after Russian attack

Nov. 25, 2022 - One of the major steel manufacturers in Ukraine, ArcelorMittal Kryviy Rih (AMKR), announced yesterday, November 24, that it has had to stop operations at most of its production facilities due to problems with energy supply after a massive wave of missile attacks by Russia on Ukrainian infrastructure ...