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ArcelorMittal To Adjust European Production Levels On Weak Demand - Quick Facts

ArcelorMittal (MT) has decided to further adjust its European production levels to align with weak market demand. The company will reduce primary steelmaking production at its facilities in: Dunkirk, France and Eisenhüttenstadt, Germany; and at Bremen, Germany. On 6 May, ArcelorMittal announced it intends to temporarily idle production at steelmaking facilities in Kraków, Poland and reduce output in Asturias, Spain.

The company noted that the announced actions will be a temporary measure that will be reversed when market demand improve.

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