Samaddar returns as ArcelorMittal Poland chief

Photo © Michal Lepecki / Agencja Gazeta

Sanjay Samaddar has been reappointed ArcelorMittal Poland (AMP)’s chief executive and chairman following more than 1.5 years away in different roles.

Samaddar left in February 2019 to become ArcelorMittal Europe Flat Products human resources and information systems director, and also took the position of AMP supervisory board chairman.

AMP’s latest ceo, Marc De Pauw, took up the position only from 1 January 2020. Following Samaddar’s reappointment, De Pauw has been elected a member of AMP’s board. The board also comprises Czeslaw Sikorski, Tomasz Plaskura, Adam Preiss and Tomasz Slezak.

AMP said last week it will close its Krakow hot-end for good after demand failed to recover to satisfactory levels, and environmental regulations and costly energy raised production costs (see Kallanish passim).

In 2019 the firm produced 4.8 million tonnes of crude steel, down -9% on-year, following the Krakow hot-end idling in November that year. ArcelorMittal’s sales in Poland plunged -26% on-year in the first half of 2020 to $1.55 billion. The country nevertheless leapt into fourth place in the list of ArcelorMittal’s highest-earning countries from sixth in full-year 2019.