ArcelorMittal stops blast furnace operation in Brazil's Divinópolis

ArcelorMittal has discontinued operations at a blast furnace in the city of Divinópolis, in Brazil’s south-eastern state of Minas Gerais, which produced pig iron.

The blast furnace was stopped on May 8, the company said. The equipment was being leased by ArcelorMittal and will now be returned to the owner, which will decide about future operations, the company said. ArcelorMittal had been operating a single furnace in Divinópolis with capacity for 120,000 tonnes per year of pig iron. But operating the unit no longer aligned with the company’s business strategy, ArcelorMittal said. “The decision will not affect ArcelorMittal’s commercial and logistics...

Published

Felipe Peroni

May 13, 2019

17:54 GMT

São Paulo