Tag: ArcelorMittal

ArcelorMittal announced that it has signed a letter of intent with the Governments of Belgium and Flanders, supporting a €1.1bn project to build a 2.5 million-tonne direct reduced iron (DRI) plant at its site in Gent, as well as two new electric furnaces.

Since its spin-off from ArcelorMittal 10 years ago, Aperam has become an undisputable global leader in stainless, electrical, and specialty steel, with customers in over 40 countries. Having a fl at stainless and electrical steel capacity of 2.5 million tonnes in Brazil and Europe, it is also a leader in high-value specialty products.

ArcelorMittal announced the completion of its first XCarb™ innovation fund investment since launching the initiative in March 2021.

Under the terms of the sale, ArcelorMittal has received $505 million cash, 78 million shares of Cleveland-Cliffs common stock and non-voting preferred stock which is redeemable for approximately 58 million shares of Cleveland-Cliffs common stock or an equivalent amount in cash.

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.

ArcelorMittal announced the results for the three-month and six-month periods ended June 30, 2020. Protecting the health

ArcelorMittal calls for member states and MEPs to support the introduction of a carbon border adjustment (CBA), as part of the European Commission’s €1 trillion Green Deal, aimed at making the bloc carbon neutral by 2050.

ArcelorMittal has been recognized by CDP for its leadership on corporate transparency and action on climate change from among over 8,000 companies worldwide who were scored on their 2019 disclosures.

Following the publication of the European Commission’s Green Deal, the proposal for a carbon border adjustment, which effectively puts a carbon price on imports, recognizes that every country needs to play its part in reducing global CO2 emissions.

As the city of Toronto keeps expanding, accessibility and connectivity are becoming key topics. To ensure a connection between downtown Toronto and the neighborhood of Fort York, the Garrison Crossing was built with UR 2205 Duplex stainless steel from ArcelorMittal Industeel.