ARCELORMITTAL
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Difficult International Steel Market Drives ArcelorMittal Galati Back Into The Red
ArcelorMittal Galati steel plant slipped back into the red in the fourth quarter after having posted positive EBITDA in the first three quarters. The reason for the losses is the million of...
Minister: ArcelorMittal Galati Can Be Backed By Funding Energy Efficiency Segment
Romania’s Energy Minister Andrei Gerea said steel mill ArcelorMittal Galati can be supported by financing the energy efficiency segment, adding authorities seek financing for the energy effi...
ArcelorMittal Galati Invests EUR4.75M In Demineralized Water Station
Steel mill ArcelorMittal Galati invested EUR4.75 million in a station of demineralized water used to produce steam for the turbo-blowers and for various technological processes.
ArcelorMittal Galati To Shed Jobs For 3-4 More Years, CEO Says
ArcelorMittal Galati, the largest steel plant in Romania, will continue to shed jobs for three to four years from now. This is a vital condition for the survival of the plant that had 27,000...
ArcelorMittal Completes EUR3M Investment In Energy Efficiency
Steel mill ArcelorMittal Galati has invested EUR3 million in a new vacuum pump in its steel division to raise the company's energy efficiency, under a program aiming to lower energy consumpt...
ArcelorMittal Galati Invests EUR7M In Energy Efficiency Program
ArcelorMittal Galati has invested more than EUR7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces, part of a wider energy effici...
ArcelorMittal Iasi And Roman To Be Delisted From Bucharest Stock Exchange
Steelmaker ArcelorMittal decided that ArcelorMittal Iasi and ArcelorMittal Roman will be delisted from Bucharest Stock Exchange, while ArcelorMittal Hunedoara will be transferred from Rasdaq...
ArcelorMittal: Steel Industry Needs EU Funding And State Aid
Romania's energy-intensive industry, such as the steel industry, requires European funding and state aid to avoid shutting down production units, ArcelorMittal Romania country manager Ionel...
Alro And ArcelorMittal Sacked Off 21,000 Staff Since Privatization
ArcelorMittal Galati and Alro slashed their headcount by 74% and 33%, respectively, since privatization until 2013, with over 21,000 people losing their jobs. However, they are set to benefi...