Geert Van Poelvoorde Archive

ArcelorMittal prepares to further reduce primary production in Europe as market weakness continues

Further to the announcement made on 6 May, ArcelorMittal today announces its decision to take additional steps to adjust its European production levels to further align its production to the current market demand. The company continues to be impacted by weak market demand and high import levels in Europe. As a result, ArcelorMittal will: Reduce

ArcelorMittal Flat Carbon Europe reports €366m operating loss for Q4 2013

7 February 2014 – ArcelorMittal today announced results for its Flat Carbon Europe segment for the fourth quarter of 2013. The segment recorded an operating loss of €366m for Q4 2013. Operating performance in the fourth quarter was impacted by net restructuring charges of €236m, primarily as a result of the industrial and social plan