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ArcelorMittal

With 119 million tonnes of annual production capacity and 245,000 employees across 60 countries, ArcelorMittal is the world’s leading steel and mining company. It was formed in 2006 as a result of the merger of the Arcelor and Mittal steel groups.

Latest News

ArcelorMittal Moves Forward on EAF Installation in Luxembourg

19 June 2023 - ArcelorMittal Luxembourg is greenlighting an EUR67 million investment in a replacement electric arc furnace (EAF) at its Belval mill. 

ArcelorMittal Reveals Plan for Electric Iron Plant 

14 June 2023 - ArcelorMittal will build an industrial-scale ironmaking plant that relies on electrolysis rather than heat to produce it, the steelmaker announced Wednesday. 

ArcelorMittal Finds Buyer for Idled Steel Mill 

12 June 2023 - A Trinidad and Tobago company is acquiring ArcelorMittal’s idled Point Lisas facility with plans to restart production within 18 months.    

SMS group Upgrades Hot Strip Mill Automation for ArcelorMittal Tubarão

10 May 2023 - The equipment supplier announced today it has upgraded the existing automation system for the roughing mill and edger at ArcelorMittal Tubarão in Brazil.

ArcelorMittal Brazil Plans 554-MW Wind Farm 

18 April 2023 - ArcelorMittal Brazil is establishing a 55-45 joint venture that will develop an US$800 million wind farm that will provide more than one-third of the steelmaker’s electricity needs in the country. 

ArcelorMittal to Partner With Bamesa on Low-Carbon Projects

30 March 2023 - ArcelorMittal Europe – Flat Products and international service center firm Bamesa signed a memorandum of understanding (MoU) yesterday to explore the reduction of scope 3 emissions and increase testing of the usage of recycled steel in low-carbon-emissions products.

ArcelorMittal Takes Ownership of Brazilian Slab Plant

15 March 2023 - ArcelorMittal has finalized its acquisition of Brazil’s Companhia Siderúrgica do Pecém (CSP) for an enterprise value of approximately US$2.2 billion, the steelmaker has said. 

Danieli Lands Water Treatment Plant Order

06 March 2023 - ArcelorMittal Brazil has placed a follow-on order with Danieli for a water treatment plant that will support a new 400,000-metric-ton medium sections mill. 

ArcelorMittal Mill Wraps Up Converter Replacement 

23 February 2023 - ArcelorMittal Zenica has put a new Primetals Technologies-built LD converter into service, the equipment manufacturer reports. 

Spain Grant to ArcelorMittal Decarbonization Project Cleared 

20 February 2023 - The European Commission has OK’d a EUR460 million grant Spain plans to give to ArcelorMittal’s Gijon facility in support of its decarbonization efforts. 

Turkish Mills Remain Shut in Earthquake’s Aftermath

16 February 2023 - The devastating earthquakes in Turkey and Syria have disrupted up to one-third of Turkey’s steel production, with mills closing as they look for workarounds to workforce and power problems, reports S&P Global Commodity Insights.

ArcelorMittal Invests in Green Steel Tech Startup

27 January 2023 - Ironmaking startup Boston Metal has raised US$120 million in Series C funding, with ArcelorMittal taking the lead in the third wave of investment. 

ArcelorMittal Europe, Distributor Partner on CO2 Reduction Effort 

12 January 2023 - ArcelorMittal Europe’s flat products group and a major customer have agreed to work more closely on reducing carbon dioxide emissions and enhancing their sustainability efforts within the automotive market. 

ArcelorMittal Celebrates Start of Offgas Recycling Plant 

08 December 2022 - ArcelorMittal’s integrated mill in Ghent, Belgium, has inaugurated a EUR200 million system that captures offgases and converts them to ethanol. 

Lower Prices, Destocking Bite Into ArcelorMittal Q3 Profits

10 November 2022 - ArcelorMittal saw its third-quarter profits cut by more than 75% on reduced shipments and lower prices for those shipments. 

ArcelorMittal Makes Multi-Million Move Into Nuclear Energy

03 November 2022 - ArcelorMittal is investing US$25 million in a company that is building a new type of nuclear of reactor in Wyoming, the company said Thursday.

ArcelorMittal to Trial Carbon Capture Tech in North America, Europe

27 October 2022 - ArcelorMittal will test out carbon capture technology at plants in Europe and North America under a newly signed agreement, the steelmaker said on Thursday. 

ArcelorMittal Celebrates Start of Dofasco Decarbonization Project

13 October 2022 - ArcelorMittal Dofasco on Thursday broke ground on its CA$1.8 billion process conversion project that will transition it to a direct reduction–electric arc furnace route. 

ArcelorMittal Signs Danieli for Rolling Mill Build

06 October 2022 - ArcelorMittal has contracted Danieli for a new rolling mill and reheat furnace for its Barra Mansa Works in Brazil, the plant builder has announced. 

ArcelorMittal, Zeleros Test Steel Performance for Hyperloops

29 September 2022 - A testing facility has been built at ArcelorMittal’s Rail Excellence Center in Spain to test how certain steels perform in ultrahigh-speed conditions in cooperation with hyperloop designer and manufacturer Zeleros.

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