Tag: ArcelorMittal

ArcelorMittal has announced that Matthieu Jehl, vice president, ArcelorMittal, will be appointed chairman and CEO of AM Investco Italy Srl (AM Investco), effective 1 December 2017.

Bekaert and ArcelorMittal have reached an agreement on the integration of Bekaert's currently wholly-owned subsidiary in Sumaré (Brazil) into the BMB (Belgo Mineira Bekaert Artefatos de Arame Ltda) partnership.

Global industrial and metals group, Liberty House, has reached an agreement in principle with ArcelorMittal to purchase Georgetown Steelworks in South Carolina, including its 600,000-ton a year electric arc furnace and 750,000-ton a year rod mill.

Industeel France, a part of ArcelorMittal group, has assigned to Danieli a significant technological revamping of its plate mill at Le Creusot, France.

ArcelorMittal Brasil S.A. and Votorantim S.A. announced the signing of a definitive agreement, pursuant to which Votorantim’s long steel businesses in Brazil, Votorantim Siderurgia, will become a subsidiary of ArcelorMittal Brasil and Votorantim will hold a minority stake in ArcelorMittal Brasil.

Gilles Peru will be the new CEO of Asco Industries SAS, the entity encompassing the operational and commercial activities of the Ascometal SAS group.

ArcelorMittal has received anti-trust approval from the European Commission with respect to the formation of a joint venture (JV), STEELCAME, with the Cellino Group.

New steel industry dynamics as a result of production overcapacity in China’s steel industry, and the need to ensure steel can play a key role in a world increasingly focused on sustainability and a more circular economy, are driving important change and innovation within ArcelorMittal Europe.

ArcelorMittal has recently signed a contract for the supply of steel for two new cruise ships to be built by STX France at its shipyards in Saint-Nazaire (France).

The recent Latin American Steel Conference (Alacero 57) was attended by the entity’s president, CEO of ArcelorMittal Aços Longos for Central and South America and a member of the Executive Committee of the ArcelorMittal Group, Jefferson De Paula, as well as of Alacero’s general director, Rafael Rubio.