12
Dec
09:50
ArcelorMittal Hunedoara suspends production on increased costs
ArcelorMittal has temporarily stopped production at its Hunedoara long steel plant beginning 1 December due to a significant increase in electricity and gas prices.
Electric arc furnace-based Hunedoara, part of the ArcelorMittal Europe – Long Products division, produces sections, billets and merchant bars, employing 640 people and 200 contractors. The firm produced 300,000 tonnes of crude steel in 2018, flat on-year.
“Electricity and gas prices ha…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous