02
Sep
12:26
Soaring energy idles ArcelorMittal Germany units, imports DRI
ArcelorMittal Germany is feeling the consequences of the exorbitant rise in energy prices, weak market demand and a negative economic outlook. The firm says the operation of all assets is no longer economically viable.
From the end of September, the group will shut down one of two blast furnaces at the Bremen flat steel site until further notice, Kallanish learns from a statement.
At the Hamburg long steel plant, which produces quality wire rod, the direct reduct…
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Anonymous
Very good overview of the weekly steel market.
Anonymous