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Finance

ArcelorMittal to invest 1.2 billion euros at French site in Dunkirk

Published by Global Banking & Finance Review

Posted on May 15, 2025

1 min read

· Last updated: January 23, 2026

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ArcelorMittal to invest 1.2 billion euros at French site in Dunkirk

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PARIS (Reuters) -Steelmaker ArcelorMittal said on Thursday it would invest 1.2 billion euros ($1.3 billion) at its site in Dunkirk, northern France. The company has been under political pressure in

ArcelorMittal Announces €1.2 Billion Investment in Dunkirk

PARIS (Reuters) -Steelmaker ArcelorMittal said on Thursday it would invest 1.2 billion euros ($1.3 billion) at its site in Dunkirk, northern France.

The company has been under political pressure in France over its planned job cuts in the country.

($1 = 0.8922 euros)

(Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)

Key Takeaways

ArcelorMittal to invest €1.2 billion in Dunkirk.
Investment comes amid political pressure in France.
The site is located in northern France.
ArcelorMittal faces scrutiny over job cuts.
Exchange rate: $1 equals 0.8922 euros.

Frequently Asked Questions

What is the main topic?

The article discusses ArcelorMittal's €1.2 billion investment in its Dunkirk site in France.

Why is ArcelorMittal investing in Dunkirk?

The investment is part of addressing political pressure over planned job cuts in France.

How much is ArcelorMittal investing?

ArcelorMittal is investing €1.2 billion, equivalent to $1.3 billion.

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