Steel News

We strive to let you one step ahead of the market.

ArcelorMittal Industeel inaugurates EUR 52 million vertical continuous casting facility in Le Creusot

28 Apr 2026 16:29 reported by Vicky Wang

A A A

ArcelorMittal’s subsidiary Industeel has recently inaugurated a new casting facility at its Le Creusot facility in France, with a total investment of EUR 52 million, which includes EUR 12.3 million in state support under the France 2030 program.

The unit utilizes vertical continuous casting technology to streamline production and reduce energy consumption. Initial output is estimated at 15,000 tons annually, with capacity expected to increase to 25,000 tons, while cutting carbon emissions by around 10%.

The upgrade enables dual casting processes at the plant, increasing flexibility and strengthening its position in premium steel and applications related to energy.

Back to Steel News

Related News

Severstal completes 843 million ruble equipment overhaul at CherMK

  • Industry Activities
  • 20 May 2026 16:43

Sweden’s SSAB invests in specialty steel for defense demand

  • Industry Activities
  • 20 May 2026 16:42

SMS group completes major bloom caster upgrade for Mukand Ltd. in India

  • Industry Activities
  • 20 May 2026 16:33

VinMetal & Primetals Technologies unite to build large integrated steel complex in Ha Tinh

  • Industry Activities
  • 20 May 2026 16:22

Jindal Steel to establish RO 150 million facility in Suhar Industrial City

  • Industry Activities
  • 20 May 2026 16:08

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more