ArcelorMittal to invest EUR1.3bn in single Dunkirk EAF ArcelorMittal will invest EUR1.3bn in installing replacement electric-arc steelmaking capacities at its Dunkirk plant, scheduled for first operations in 2029, the company announced 10 February.  According to the steelmaker, the new 2 mt electric-arc furnace (EAF) will be capable of producing steel with “three times less CO2 than a blast furnace,” at 0.6t CO2e/t, and … The post ArcelorMittal to invest EUR1.3bn in single Dunkirk EAF first appeared on EUROMETAL.

#LatestUpdates #AdityaMittal #ArcelorMittal #Dunkirk ArcelorMittal to invest EUR1.3bn in single Dunkirk EAF

ArcelorMittal forecasts rebounding demand, eyes higher sales globally Global apparent steel demand excluding China will rebound 2% on-year in 2026, while production and shipments are set to increase across all regions this year, supported by operational improvements and trade measures, ArcelorMittal says. The group plans to capture medium-to-long-term steel demand driven by investments in the energy transition, new infrastructure and mobility systems, defence … The post ArcelorMittal forecasts rebounding demand, eyes higher sales globally first appeared on EUROMETAL.

#LatestUpdates #AdityaMittal #ArcelorMittal ArcelorMittal forecasts rebounding demand, eyes higher sales globally

ArcelorMittal posts USD 1.5 billion EBITDA in Q3 The company achieved an EBITDA margin of USD 111 per tonne, with a net income of USD 0.4 billion and an adjusted net income of USD 0.5 billion (EPS USD 0.62). ArcelorMittal said performance continued to reflect the benefits of asset optimization, regional diversification, and strategic growth investments, including record iron ore production and shipments … The post ArcelorMittal posts USD 1.5 billion EBITDA in Q3 first appeared on EUROMETAL.

#LatestUpdates #AdityaMittal #ArcelorMittal ArcelorMittal posts USD 1.5 billion EBITDA in Q3

ArcelorMittal: EU’s proposal for stronger trade defense measures crucial for steel industry survival Global steel giant ArcelorMittal has strongly endorsed the European Commission’s proposal to replace current EU safeguard measures with strengthened tariff quotas on steel imports. The company described the move as critical for the survival of Europe’s steel industry, which is facing mounting pressure from low-priced imports, shrinking demand, and weak economic conditions. Commenting on the … The post ArcelorMittal: EU’s proposal for stronger trade defense measures crucial for steel industry survival first appeared on EUROMETAL.

#LatestUpdates #AdityaMittal #ArcelorMittal #GeertVanPoelvoorde ArcelorMittal: EU’s proposal for stronger trade defense measures crucial for steel industry survival

Ironmaking decarbonisation economical only after 2030 It is “becoming increasingly clear” that transformational, low-emission ironmaking investments are only likely to be economical post-2030 and that policies to address the high capital and operational costs involved are required to make that happen, says ArcelorMittal chief executive Aditya Mittal. What the steelmaking group can achieve by 2030 will “depend critically” on how the … The post Ironmaking decarbonisation economical only after 2030 first appeared on EUROMETAL.

#LatestUpdates #AdityaMittal #ArcelorMittal Ironmaking decarbonisation economical only after 2030

Policies to accelerate steel decarbonization in Europe ‘critical’ in 2025: ArcelorMittal CEO ArcelorMittal expects several important developments in 2025 for its decarbonization plans in Europe, including the scheduled review of the EU’s Carbon Border Adjustment Mechanism (CBAM), an anticipated review of the steel safeguards, and the publication…

#LatestUpdates #AdityaMittal #ArcelorMittal #CBAM Policies to accelerate steel decarbonization in Europe ‘critical’ in 2025: ArcelorMittal CEO