ArcelorMittal
Luxembourgish steel manufacturing corporation
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2025 | The company's South Africa division ended production of long steel products due to high logistic and energy costs. |
August 2024 | ArcelorMittal acquired a 27.5% interest in Vallourec, a producer of seamless steel tubes, from funds managed by Apollo Global Management for €955 million. |
2023 | ArcelorMittal purchased 3 coal cargoes from Russian companies that were under international sanctions related to the Russian invasion of Ukraine, spending $23 million in the process. |
2023 | ArcelorMittal achieved an annual crude steel production of 78 million metric tonnes, ranking second globally in steel production behind Baowu. |
March 2023 | ArcelorMittal acquired Companhia Siderúrgica do Pecém, owner of a 3-million-metric-ton blast furnace and slab plant in northeastern Brazil, for $2.2 billion. |
July 2022 | The company acquired an 80% interest in Voestalpine's hot-briquetted iron plant near Corpus Christi, Texas, based on a $1 billion valuation. |
December 31 2020 | ArcelorMittal reported total CO2e emissions of 150.8 Tg (teragram), marking a significant 17.1% year-on-year reduction from the previous year. |
January 2020 | Etienne Schneider concluded his term as First Deputy Prime Minister of Luxembourg. |
March 2019 | In partnership with Nippon Steel, ArcelorMittal acquired Essar Steel, which had filed for bankruptcy protection. |
November 2018 | A consortium led by ArcelorMittal acquired Ilva, owner of the Taranto steelworks in southern Italy, for €1.8 billion, with an agreement to invest €2.4 billion. |
July 2018 | Indiana Occupational Safety and Health Administration discovered five serious safety violations at ArcelorMittal's Indiana Harbor steel mill in East Chicago following a steelworker's fatal accident while driving a golf cart with faulty brakes. The company was subsequently fined $21,000 for these violations. |
January 2018 | Black snow fell in Temirtau, Kazakhstan, near an ArcelorMittal plant, with locals directly attributing the environmental pollution to the company's industrial operations. ArcelorMittal responded by claiming the snow discoloration was due to insufficient wind to disperse pollutants. |
February 2017 | ArcelorMittal and Votorantim announced plans to combine their long steel operations in Brazil, with Votorantim Siderurgia becoming a subsidiary of ArcelorMittal Brasil. |
2016 | ArcelorMittal released Usibor 2000, a steel grade for automotive purposes that was approximately one-third stronger than previously available car-making steels. |
February 26 2014 | ThyssenKrupp sold its carbon steel facility in Calvert, Alabama to ArcelorMittal and Nippon Steel for $1.55 billion, renamed AM/NS Calvert. |
January 1 2014 | ArcelorMittal employed 4,600 employees in Luxembourg at the beginning of the year, establishing itself as the largest private employer in the Grand Duchy. |
January 2013 | Etienne Schneider began serving as First Deputy Prime Minister of Luxembourg, a position he held until 2020. |
October 2012 | The company permanently shut down two blast furnaces in Florange, France. |
May 2012 | ArcelorMittal sold Skyline Steel and Astralloy to Nucor for $605 million. |
January 2011 | The company completed the corporate spin-off of its stainless steel division, Aperam. |
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