ArcelorMittal announces investment of €300 million in Mardyck, France, to produce electrical steels for industry and electromobility

17 March 2022
ArcelorMittal

ArcelorMittal has announced an investment of more than €300m, with the support of the French government, to create a new production unit for electrical steels at its Mardyck site in the north of France. This investment will create more than 100 direct jobs.

With this new unit, which will specialise in the production of electrical steels for the engines of electric vehicles and which complements ArcelorMittal’s existing electrical steels plant in Saint-Chély d’Apcher, in the south of France, all of the group’s electrical steels will be produced in France, strengthening France’s electromobility sector.

Link to press release
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