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ArcelorMittal idles a section mill in Spain - 29 September 2011

In addition to idling some flat product operations in Spain, ArcelorMittal is to temporarily idle its Madrid plant which produces sections during the fourth quarter of this year, Steel Business Briefing learns from the company.

Crude steel production and rolling at Madrid is to be closed for three months from the beginning of October. The plant can produce up to 700,000 tonnes/year of crude steel and rolls medium and heavy sections.

The strip products plant in Sestao, on the other hand, is to be closed for two months from November. It has two EAFs and can produce up to 1.9m t/y of hot rolled coil. It mainly serves clients in the tubemaking and automotive components businesses.

ArcelorMittal confirms the closures are temporary and that the situation will be assessed further during Q4. The state-funded layoff scheme will be used to support the workers affected.

In addition, ArcelorMittal is also reducing coil output at its Sagunto plant during October, as previously reported by SBB. "A decision regarding the following months has not been taken yet," a spokesperson from the company comments.

The EAF (600,000 t/y) at the company’s Bergara billet plant has been idled since March 2009 due to the low level of demand from the construction industry, SBB notes.

 

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