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Insights
Keep up to date with Industry News and Commodity Prices.

Arcelor will invest up to $696 million in Brazilian Tubarão plant
ArcelorMittal has announced investments of BRL3.8 billion to BRL4.0 billion ($661 million to $696 million) in its Tubarão plant in Espírito Santo, Brazil. The investment will increase production lines for slabs and HRC, offering higher-value products for automotive, domestic appliances, and civil construction sectors. The project is in the internal approval process and is expected to start in the first half of 2026.

ArcelorMittal calls on the EU to increase support for green investments
ArcelorMittal has called on the EU to strengthen trade protection and increase support for green investments, as high costs and cheap Chinese imports threaten the European steel industry. The company's CFO, Genuino Cristino, stated that the European steel industry is under considerable pressure due to high costs and unfair competition from imports. Last year, imports reached a record level, accounting for 27% of the market. ArcelorMittal suspended part of its European decarbonization plan in November 2024 due to high energy costs, policy uncertainty, and weak demand. The company believes government support will be crucial for modernizing production and maintaining competitiveness.

Interpipe continues to develop the technical education ecosystem in Dnipro
Ukrainian industrial company Interpipe has modernized two more school labor rooms in Dnipro, working with city authorities to create interactive learning environments. The rooms, located on the left bank of the Dnipro River, feature modern machines like milling, grinding, and sharpening machines, providing students with hands-on experience. The company hopes that these lessons will inspire a passion for production in the future. The city authorities have undertaken major repairs to both premises. Interpipe, a Ukrainian company that manufactures steel pipes and railway products, has also purchased equipment used in its own production and updated the curriculum to train future machine operators. The company's products are supplied to over 50 countries, with rail products sold under the KLW brand.
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