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ArcelorMittal will close one Liège flats mill, along with blast furnaces
October 17, 2011 - 17:36 GMT
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
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Euromoney Institutional Investor PLC.
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