ArcelorMittal Extends Idling At 2 Luxembourg Steel Mills To 1Q
06 Dicembre 2011 - 5:01PM
Dow Jones News
ArcelorMittal (MT), the world's largest steelmaker, is extending
the temporary shutdown of its long products operations at the
Rodange and Schifflange steel plants in Luxembourg to the end of
the first quarter 2012, a company spokesman said Tuesday.
ArcelorMittal temporarily idled those operations--an electric
arc furnace and two long product lines at Schifflange and one of
two long product lines at Rodange--in October for three months due
to weak steel demand. It is now extending the temporary shutdown
due to continued weakness in the long products steel market.
"At the end of the first quarter we would have to [look at] how
the demand situation has developed to see if we could restart
production," the spokesman said.
ArcelorMittal produces rails, rebars, and sheet piles at Rodange
and Schifflange.
The two other longs production sites in Luxembourg, Belval and
Differdange, remain in operation, the spokesman said. The Electric
Arc Furnace at Differdange was shutdown due to an accident but
restarted as planned in November, he said.
-By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328;
alex.macdonald@dowjones.com
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