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09 Nov
12:44

ArcelorMittal Europe reduces sales, foresees fourth-quarter production impact

ArcelorMittal Europe’s fourth-quarter production will be hampered by production cuts including blast furnace 1 at Fos-sur-Mer, the reline of BF A at Gent and planned maintenance of BF 2 at Bremen, the steelmaker says. ArcelorMittal Europe saw steel shipments decline 8% on-year in the third quarter to 6.5 million tonnes amid weaker construction-related demand and metal stock replenishment, and a weaker economic environment. Crude steel output fell 7% on-year…
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