France: Luxembourg-based ArcelorMittal is on schedule to restart a newly-upgraded Blast Furnace 1 at its Fos-sur-Mer steelworks in Bouches-du-Rhône in June 2026. The company said that the move is a response to the EU’s Carbon Border Adjustment Mechanism and supporting import restrictions. It will finance the project from its €90m site investment budget for 2026.

France steel ArcelorMittal blast furnace EU market Carbon Border Adjustment Mechanism