9,523.31 TRY BIST 100 BIST 100
37.92 USD USD USD
5.25 CNY CNY CNY
40.95 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

ArcelorMittal Poland freezes its project for rod mill and tests its electric truck!

The difficult situation in the local market led ArcelorMittal Poland to freeze the rod mill project from November 18 to 26.

ArcelorMittal Poland freezes its project for rod mill and tests its electric truck!

Due to the difficult situation in the local market, ArcelorMittal Poland (AMP) has paused the rod mill project at its Sosnowiec facility from November 18 to 26.

The manufacturer said that the decision to halt the project was considered in detail and did not ignore figures from the Polish Steel Association, which show that apparent steel consumption is down by 17% per year.

At the same time, ArcelorMittal Europe recently conducted a test of an electric truck transporting steel to a customer. The truck made a round trip from Silesia to Krakow, carrying a total of 200 tons of galv. The Volvo FH Electric truck, which has eight batteries, performed ten trips in exactly five days, reducing CO2 emissions from overland transportation by more than 1.5 tons.

With deliveries expected to be made exclusively with electric vehicles still a long way off, ArcelorMittal Group aims to minimize CO2 emissions by 35% by 2030, an option that will be more relevant in the industry in the future.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

German business community calls for economic reform

Thursday, April 3, 2025

US President Trump announces reciprocal tariffs

Thursday, April 3, 2025

Rebar inspection at collapsed skyscraper in Thailand

Wednesday, April 2, 2025

European Commission announces a Clean Industrial Deal

Thursday, February 27, 2025

Iron ore enrichment plant to be built in Tajikistan

Wednesday, April 2, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now