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Home Steel News ArcelorMittal confirms to shut Luxembourg plant furnaces
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ArcelorMittal confirms to shut Luxembourg plant furnaces

28 Sep 2011 14:58 reported by River Jiang

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Reuters reported ArcelorMittal announced it will temporarily idle its electric arc furnace and two rolling mills at its long steel production site in Rodange and Schifflange, Luxembourg.

The steelmker said it was due to the weak demand in the Northern European construction sectors.

It’s known that the ArcelorMittal produced long carbon steel products such as reinforcement bars, crane rails and special sections at the Rodange and Schifflange site

Other European producers may also be forced to cut capacity in the next few months, after producing at high levels in the first half this year, as weaker demand, prices and destocking hit their sales.

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