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

ArcelorMittal Europe resumed production from its Asturias (Gijón) blast furnace (BF) A on September 25, according to an announcement by the company.


The recent announcements mark the resumption of more than 10mn mt of annual steelmaking capacity from ArcelorMittal’s European facilities:

CountryBlast FurnaceCapacity 
FranceFos-sur-Mer BF#12.5mn mt
Dunkerque BF#33mn mt
GermanyBremen BF#31.2mn mt
SpainSestao EAF1.4mn mt
Gijón BF#A2.4mn mt


Most of these facilities had been idled since March and April in response to decimated COVID-19 afflicted end-use steel consumption.


In most cases, ArcelorMittal had highlighted the restart of steelmaking capacity to cover the relining of 2.3mn mt per Ghent blast furnace B. That said, the annualized capacity restarts from its other European facilities more than outweigh the temporary outage from the Ghent works.


The Gijón facility includes one coal yard, one iron ore yard, one coke oven, two blast furnaces, one steel plant, one heavy plate mill, one wire rod mill, and one rail mill. While the restarts are positive for steelmaking raw materials consumption, market participants are concerned about the negative impact on finished steel prices.

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