ArcelorMittal trimming flat steel output in Europe by 3 mln tpy

By IM Staff
Published: Tuesday, 07 May 2019

High energy costs, low demand and rising imports have led the company to cut annual production in Europe.

By Elizabeth Ramanand

ArcelorMittal plans to temporarily idle production at its steelmaking facilities in Poland, reduce production in Spain and adjust shipments at ArcelorMittal Italia, temporarily reducing annualized production by 3 million tonnes, the company announced on Monday May 6. 

The company credited high energy costs, low demand and...

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