ArcelorMittal Plans Further Production Cut, Idling Polish Blast …?

ArcelorMittal Plans Further Production Cut, Idling Polish Blast …?

WebSep 15, 2024 · ArcelorMittal expects its steel production in Europe to fall by around 1.5 million tonnes in the fourth quarter compared with the year-earlier period as it idles capacity due to weakening demand ... WebMay 29, 2024 · It’s the second time this month ArcelorMittal has announced output cuts. In total, it could affect up to 10% of the company’s steel production from the European Union. The shares lost as much ... asus m4 air weight WebSep 15, 2024 · ArcelorMittal Sees Europe Steel Output Dropping on Capacity Cuts. ArcelorMittal SA said it expects its European steel production to fall in the final quarter of the year after weak demand and high energy costs forced it to idle sections of several plants. A red-hot rolled steel coil is run through the rollers at a mill in Espirito Santo, Brazil. WebSep 15, 2024 · By Eddie Spence. ArcelorMittal SA said it expects its European steel production to fall in the final quarter of the year after weak demand and high energy costs forced it to idle sections of several plants. Europe’s biggest steelmaker sees its crude steel production on the continent down 1.5 million tons in the fourth quarter from the year ... asus m4n68t m le v2 bios update download WebSep 15, 2024 · About a tenth of crude steel capacity in Europe is currently offline, with ArcelorMittal’s cut by 20%, according to Jefferies. Some of it’s blast furnaces in Spain, France, Germany and Poland ... WebJul 29, 2024 · Worldsteel's latest report showed a 5.9% year on year drop in June in crude steel production worldwide, to 158.1 million mt, with production in the EU-27 down 12.2% at 11.8 million mt, and the rest of Europe producing 3.8 million mt, down 10.9%. ... Other steelmakers have also reduced output in Europe and elsewhere. Christino noted that in ... asus m4n68t-m le v2 drivers audio windows 10 WebAug 2, 2024 · Worldsteel’s latest report showed a 5.9% year on year drop in June in crude steel production worldwide, to 158.1 million mt, with production in the EU-27 down 12.2% at 11.8 million mt, and the rest of Europe producing 3.8 million mt, down 10.9%. “We are adapting our supply to meet demand,” Genuino Cristino said, that it “makes sense ...

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