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ArcelorMittal | March 29, 2019
As part of its strategy to reduce CO2 emissions, hydrogen will be used at the firm’s Hamburg plant for the direct reduction of iron ore. The hydrogen-based reduction of iron ore will initially take place on a demonstration scale with an annual production of 100,000 tonnes. A pilot plant is to be built in the coming years. Already today, the Hamburg plant has one of the most efficient production processes of the ArcelorMittal Group due to the use of natural gas in a direct reduction plant.<...
ArcelorMittal | May 29, 2019
ArcelorMittal fell the most in two years after announcing that it’s further cutting steel production across its European plants to cope with weak demand and rising imports. The world’s largest steelmaker will reduce primary production in France, Germany and Spain, according to a statement on Wednesday. It’s the second time this month ArcelorMittal has announced output cuts. In total, it could affect up to 10% of the company’s steel production from the European Union.The s...
ArcelorMittal | August 12, 2020
Today, ArcelorMittal announced its intention to build an Electric Arc Furnace (EAF) steel making facility at AM/NS Calvert. Once completed the planned facility will be capable of producing 1.5Mt of steel slabs for the Hot Strip Mill and producing a broad spectrum of steel grades required for Calvert’s end user markets. Construction is expected to take 24 months and the new facility is anticipated to create 300 additional jobs in the community....
ArcelorMittal | July 31, 2020
ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 18 countries. In 2019, ArcelorMittal had revenues of $70.6 billion and crude steel production of 89.8 million metric tonnes, while iron ore production reached 57.1 million metric tonnes. Our goal is to help build a better world with smarter steels. Steels made using innovative processes which use less energy, emit significantly less carbon and reduce costs. Ste...
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