ArcelorMittal plans further steel production cuts in Europe

ArcelorMittal plans further reductions to its steel output in Europe “to further align its production to current market demand,” the company said on Wednesday May 29.

Earlier this month, ArcelorMittal announced plans to cut output at its steelmaking facilities in Poland, to reduce production in Spain and to adjust shipments from ArcelorMittal Italia, temporarily reducing production by 3 million tonnes per year.

As part of the latest plan, ArcelorMittal will reduce primary flat steel production from its facilities at Dunkirk in France...


Maria Tanatar

May 29, 2019

18:15 GMT