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10 Mar
15:17

ArcelorMittal suspends Gijón longs mill on costlier energy

ArcelorMittal is temporarily halting its long steel production in northern Spain under pressure from rising energy costs, Kallanish learns from the company. The situation changed in the space of a few hours since Wednesday when the steel company confirmed it did not plan to stop production, although it stated that circumstances were "unsustainable”. However, following an assessment of the energy market, ArcelorMittal decided on Thursday to halt the Gijo…
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