ArcelorMittal trimming flat steel output in Europe by 3 mln tpy
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