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16 Oct
15:37

EU coil mills cut output to stabilise prices

Several coil mills in northwestern Europe are restricting output, preferring maintenance over production in a market that does not call for large volumes, Kallanish notes. ArcelorMittal Bremen currently has both blast furnaces taken out of operation for one week, an unusual state for an integrated mill. It shut down blast furnace 2 for the whole of October for repair and maintenance work. In addition, blast furnace 3 was closed for a “block shutdown” o…
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