UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
—————————
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
—————————
Dated August 16, 2018
Commission File Number: 001-35788
ARCELORMITTAL
(Translation of registrant’s name into English)
24-26, Boulevard d’Avranches
L-1160 Luxembourg
Grand Duchy of Luxembourg
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____
On August 16, 2018, ArcelorMittal issued the press release attached hereto as Exhibit 99.1 and hereby incorporated by reference into this report on Form 6-K.
Exhibit List
Exhibit No. | Description |
Exhibit 99.1 | Press release dated August 16, 2018, reporting that ArcelorMittal will restart its US$330 million investment program at ArcelorMittal Vega in Brazil. |
Exhibit Index
Exhibit No. | Description |
Exhibit 99.1 | Press release dated August 16, 2018, reporting that ArcelorMittal will restart its US$330 million investment program at ArcelorMittal Vega in Brazil. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ARCELORMITTAL
Date 15 August 2018
By: ___/s/ Henk Scheffer__________
Name: Henk Scheffer
Title: Company Secretary & Group Compliance & Data Protection Officer
press release |
ArcelorMittal restarts US$330 million investment programme at Vega unit in Brazil
ArcelorMittal Brazil is set to resume the expansion project at ArcelorMittal Vega, flat steel cold rolling, pickling, and galvanising unit located in São Francisco do Sul (state of Santa Catarina).
The investment will see the construction of a new continuous annealing line and a third galvanisation line for the production of cold rolled and galvanised products. The capacity of the unit is set to increase by 700,000 tonnes to a total of 2.1 million tonnes per year. The production is expected to begin in 2021.
The project will increase production for the automotive, construction and home appliances sectors at the Vega unit, allowing the company to meet the market expectations and provide high strength and quality steel products.
This investment is expected to sustain ArcelorMittal’s growth strategy in Brazil and Latin America.
“We expect the automotive industry to have a substantial increase in the utilisation rate. At the outset of the crisis, automakers were practically operating to serve the Brazilian and Argentinian markets only. The crisis forced automakers to develop alternative markets”, says Benjamin Baptista Filho, President of ArcelorMittal Brazil and CEO ArcelorMittal Flat Carbon South America.
Vega’s expansion project was on hold since 2011 due to the global crisis which started in 2009 and the Brazilian economic recession and reduction of the domestic market for vehicles. Today, 50% of the production at ArcelorMittal Vega is aimed at the automotive market. “We currently have a market to sell Vega’s products above the existing capacity. We could be selling more”, Benjamin Baptista Filho concludes.
T8[JN%RF?B\I^1\2DWN672D;7@BZ(I:3;4%$:&DE%X(J]:VUEFR
MBC]$JB'YZ=(D/!6?I LFRF;FONH!=6U"G2DO6:J$KRJOE5N G %81M?65:V=
MRFL>,W&:,Y