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ArcelorMittal will close one Liège flats mill, along with blast furnaces

October 17, 2011 - 17:36 GMT Location: London

KEYWORDS: ArcelorMittal Liege , flat products , liquid steel , Belgium , cost-cutting

A flat products mill at Chertal, part of ArcelorMittal’s Liège works, will be closed permanently as part of cost-cutting measures that will also see 2.5 million tpy of liquid steel capacity at the Belgian works idled permanently, the company told MB

The company was unable to confirm the capacity of the flat products mill on Monday evening. As well as two blast furnaces - at Ougree and Seraing - and the flats mill, a continuous casting facility and sintering plant will also be closed. It costs €40 per tonne more to produce hot rolled coil at Liège than it does at ArcelorMittal's other mills in northern Europe,...

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