UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

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FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

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Dated May 29, 2019

 

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 May 29, 2019, 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 May 29, 2019, announcing that ArcelorMittal prepares to further reduce primary production in Europe as market weakness continues.

 

 

     
 

 

Exhibit Index

 

Exhibit No. Description  
Exhibit 99.1 Press release dated May 29, 2019, announcing that ArcelorMittal prepares to further reduce primary production in Europe as market weakness continues.

 

 

     
 

 

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 29 May 2019  
   
By: /s/ Henk Scheffer    
  Name: Henk Scheffer  
  Title:   Company Secretary & Group Compliance & Data Protection Officer  

 

 

     

 

 

ARCELORMITTAL 6-K

 

Exhibit 99.1

 

 

 

press release

ArcelorMittal prepares to further reduce primary production in Europe as market weakness continues

29 May 2019, 08:45 CET

 

Further to the announcement made on 6 May, ArcelorMittal today announces its decision to take additional steps to adjust its European production levels to further align its production to the current market demand. The company continues to be impacted by weak market demand and high import levels in Europe.

 

As a result, ArcelorMittal will:

 

  ●   Reduce primary steelmaking production at its facilities in Dunkirk, France and Eisenhüttenstadt, Germany;
     
  ● Reduce primary steelmaking production at its facility in Bremen, Germany in the fourth quarter of this year, where a planned blast furnace stoppage for repair works will be extended;
     
  ● Extend the stoppage planned in the fourth quarter of this year to repair a blast furnace at its plant in Asturias, Spain.

 

Commenting, Geert van Poelvoorde, CEO, ArcelorMittal Europe – Flat Products, said:

 

“This is again a hard decision for us to have taken but given the level of weakness in the market, we feel it is the prudent course of action. This will be a temporary measure that will be reversed when market conditions improve. In the meantime, our employees remain our utmost priority and we are doing everything we can to ensure that the right social measures are in place to support them and their families during this difficult time.”

 

On 6 May, ArcelorMittal announced its intention to temporarily idle production at its steelmaking facilities in Kraków, Poland and reduce production in Asturias, Spain. The announcement also impacted the planned increase of shipments at ArcelorMittal Italia to a six million tonne annual run-rate; the planned increase will be slowed down following a decision to optimise cost and quality over volume in the current environment.