ArcelorMittal Poland to permanently close furnaces in Krakow
Published: Friday, 09 October 2020
ArcelorMittal will permanently close its Krakow steelworks' hot area due to the dramatic effects of Covid-19 on the European steel market, but coke plant and rolling mills will remain operational, the company said on Thursday October 8.
By Julia Bolotova
ArcelorMittal said that despite the recent rebound in steel
demand in Europe, it remains considerably below pre-pandemic
"The Covid-19 pandemic has had unprecedented consequences
for the European steel industry. Although demand in recent
weeks has revived somewhat - mostly driven by inventory
corrections - it...