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ArcelorMittal Poland to Stop Krakow BF

Steel News - Published on Wed, 13 Nov 2019

Image Source: stahlseite
ArcelorMittal Poland announces that it is forced to temporarily stop hot metal part of the Krakow steelworks and that it will begin November 23, 2019. Mr Geert Verbeeck, CEO of ArcelorMittal Poland, said “Our three blast furnaces are currently operating at the technological minimum, which means that further reduction of production volume is not an option. The market situation is still getting worse. and the forecasts are not optimistic, which is why we have no choice. Unfortunately we have to temporarily stop the blast furnace in our Krakow steelworks.”

The blast furnace and steel mill in Krakow's steelworks were out of service from August 2010 to March 2011 and were restarted as soon as the market situation improved.

ArcelorMittal Poland maintains its previous position regarding the desire to resume operation of the blast furnace and steel mill in Krakow, as soon as market conditions improve enough that commissioning the installation will be economically optimal.

Source :

Posted By : Amom Remju on Wed, 13 Nov 2019
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