ArcelorMittal Hunedoara reduces production amid financial difficulties

Wednesday, 11 December 2024 11:04:16 (GMT+3)   |   Istanbul

Romania-based ArcelorMittal Hunedoara SA, a subsidiary of Luxembourg-based steel giant ArcelorMittal, has announced that it has temporarily reduced its production activities.

Starting from December 9, 2024, the company’s decision will remain in place until the end of this year. The reason behind the reduction of activities was the financial difficulties caused by lack of orders.

ElifKefeli
Elif Kefeli
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I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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