Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

ArcelorMittal has acquired Germany-based wire processor Dortmunder Blankstahl for an undisclosed amount. Dortmunder will become ArcelorMittal Dortmund and will allow ArcelorMittal Europe to expand its portfolio in wire processing with its 9 combined drawing lines.


Dortmunder Blankstahl was previously part of the Ruhrstahl group and employs over 80 people in a 70,000sq mt facility.


ArcelorMittal’s Ghent mill has announced the commissioning of a new Magnelis production line in Belgium. The first production line of Magnelis, which is a metallic coating against corrosion, was established and developed in Liège. Magnelis is produced in ArcelorMittal’s mills in Liège, Avilés, and Bremen. In the Ghent plant, Mangelis is produced on the Sidgal no 1 line since February 2021. Total increases in tonnage not disclosed.


Magnellis is used in various sectors including construction, racking, electrical equipment, and engineering, with a growing market in solar and renewable energy.


With a roadmap of 30p reduction of carbon emissions in the EU by 2030 and carbon neutral by 2050, ArcelorMittal has started to install four bioreactors at the Ghent steel plant towards the construction of its pioneering Steelanol project. The bioreactors were delivered in March 2021 and installations began in April. Bioreactors will convert gasses captured during steelmaking into sustainable ethanol.


The first Steelanol plant has an estimated cost of €165mn ($201mn) and will produce 80mn liters of sustainable ethanol annually when commissioned in 2022. The ethanol production target is about half of Belgium’s ethanol demand and has further growth potential for fuel or chemical use. The plant is being designed flexibly to adapt to future steel production technologies with the expanded use of hydrogen as fuel.

($1= €0.82)

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