07
Sep
14:10
Eisenhüttenstadt extends short working hours, supported by taxes
The Eisenhüttenstadt strip mill of ArcelorMittal will be extending the short working hours it introduced for August and September until the end of the year.
Like most steel mills in Europe, ArcelorMittal’s European operations are suffering from extreme energy costs and the reservation of buyers due to the overall uncertain economic environment.
Thus far, ArcelorMittal Germany has introduced short working hours also at Bremen and Duisburg, and closed do…
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Anonymous
Very good overview of the weekly steel market.
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