ArcelorMittal Poland has invested approximately PLN 60 million ($16.08 million) to modernize Blast Furnace No. 3 at its Dąbrowa Górnicza plant, preparing it for a potential restart as early as spring 2026. The furnace has been idle since September 2025 due to weak demand, and the current refurbishment focuses on rebuilding the hearth with new ceramic materials to extend its operational life by four years. This move signals the company's readiness to react to potential recovery in European steel demand despite ongoing regional economic headwinds.
Mar 23, 2026 13:25[SMM Steel] During the Progressive Punjab Investors’ Summit, major steel players announced massive CAPEX plans fueled by new ease-of-business policies. ArcelorMittal will invest over INR 60,000 crore, while Tata Steel and JSW Group committed INR 3,200 crore and INR 3,000 crore respectively for new plants and capacity expansions. These investments mark Punjab’s strategic transition from an agricultural hub to a major manufacturing and steel production base.
Mar 16, 2026 18:23ArcelorMittal Kryvyi Rih has confirmed its plan to operate two blast furnaces throughout 2026, despite significant electricity availability challenges in early 2025 that caused temporary shutdowns. The company’s mining department is currently operating at 75% of its full capacity, producing approximately 7.5 million tonnes of concentrate per year. CEO Mauro Longobardo noted that while port attacks have delayed some coking coal deliveries from Australia and the USA, the current production volume is sufficient for both internal needs and exports to European subsidiaries.
Mar 12, 2026 14:47[SMM Steel] Andhra Pradesh Chief Minister N. Chandrababu Naidu announced that construction of the ArcelorMittal/Nippon Steel (AM/NS) integrated steel plant in Anakapalli district will officially begin with a groundbreaking ceremony on March 23, 2026. The state government aims to complete the project by March 2028, alongside plans to accelerate industrial development and establish new industrial clusters in the region.
Mar 11, 2026 16:45【SMM Steel】ArcelorMittal Kryvyi Rih will halt its Foundry and Mechanical Plant (LMZ) in three months, cutting over 1,700 jobs. Total cuts exceed 2,400 with the blooming shop also closing. Soaring power costs from infrastructure attacks and expensive imports made steel production unviable. EU's CBAM, effective 2026 with no Ukraine exemption, blocked European market access, drying up LMZ orders.
Mar 4, 2026 17:40【SMM Steel】ArcelorMittal Belgium finished consultations on closing its Tailored Blanks division in Ghent. It cited sustained losses and weak European auto demand. During talks, management detailed its restructuring plan; employee reps gave feedback. A social plan, approved by >70% of affected staff, will aid the transition. The final decision now goes to the board.
Mar 4, 2026 17:40The Liberian Minister of Mines and Energy announced at the 2026 African Mining Indaba that the country expects to triple its iron ore production to 30 million metric tons this year. The growth is spearheaded by ArcelorMittal Liberia, which is ramping up its new concentrator and logistics chain to a Phase 2 target of 20 million tonnes per annum (mtpa) in 2026. New entrants, including Cavalla Resources and Zodiac, are also slated to begin operations by year-end.
Feb 26, 2026 17:58On February 10, 2026, ArcelorMittal officially greenlit a strategic €1.3 billion ($1.4 billion) investment to build a new 2-million-ton Electric Arc Furnace (EAF) at its Dunkirk site in France. The French government will provide 50% funding support. The EAF is scheduled to begin operations in 2029, reducing CO2 emissions by threefold compared to traditional blast furnaces.
Feb 25, 2026 11:47ArcelorMittal confirmed on February 16, 2026, a €1.3 billion ($1.5 billion) investment to build a new Electric Arc Furnace (EAF) at its Dunkirk site. The project, which was announced during a visit by French President Emmanuel Macron, will have a capacity of 2 million tonnes per year and is scheduled for start-up in 2029. This move is a central part of the company’s strategy to comply with the EU’s Carbon Border Adjustment Mechanism (CBAM), which enters its definitive phase this year.
Feb 25, 2026 11:45ArcelorMittal’s operations in Liberia reached record shipments of 10 million metric tons (MT) in 2025. As of February 5, 2026, the company confirmed it is on track to reach an annual capacity of 20 MTPA by the end of 2026. This expansion includes the ramp-up of sinter-feed output and the commissioning of a new concentrator, positioning Liberia as a key high-grade ore supplier for European markets.
Feb 11, 2026 09:18