ArcelorMittal is investing around € 100 million in its factories in France. This is another step to increase the number of high value-added products.
The company will invest 67 million euros in a new steel line for the automotive industry in Florange. It is one of three factories located in the Lorraine region where ArcelorMittal has established a product center for the automotive segment. New investments will go to the creation of a line for the production of three types of high-strength Usibor steels with a capacity of 600 thousand tons per year. The line is scheduled to start operating in mid-2019.
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Metallurgy news
- 24 July 2026
23:00 Arequipa's net profit in the second quarter of 2026 increased by 34.5% amid improved operating performance 21:00 Samarco's sales in the second quarter of 2026 were up 23 percent compared to the first quarter of 2026, but will remain 1 percent lower than in 2025. 21:00 The United States will conduct full reviews of the PC market from 15 countries 20:00 Exports of sheet metal coils from the United States in May 2026 decreased by 2.1 percent compared to April 20:00 CRC imports to the United States in May 2026 decreased by 10.4 percent compared to April 16:00 Tangshan announces short-term steel production cuts 16:00 Vietnam's railway infrastructure development plans open up new opportunities for domestic steelmakers 15:00 Kumba iron ore production and sales fell in H1 2026
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