02
Nov
14:22
Energy costs could halt production at ArcelorMittal Zenica
ArcelorMittal’s Bosnia-based Zenica long steelworks warns it will have to lay off workers and halt some production sites if the government does not intervene to stop rising energy costs, the company confirms to Kallanish.
“We received an offer for a new contract for the purchase of electricity at a price that is 125% higher than the one they currently pay,” said ArcelorMittal Zenica chief executive Nikhil Mehta after a meeting of the Association …
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Anonymous
Very good overview of the weekly steel market.
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