9,822.92 TRY BIST 100 BIST 100
36.29 USD USD USD
5.01 CNY CNY CNY
37.88 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.46 TRY Interest Interest
76.31 USD Fossil Oil Fossil Oil
33.10 USD Silver Silver
4.62 USD Copper Copper
106.84 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,437.60 TRY Gold (gr) Gold (gr)

ArcelorMittal Hunedoara temporarily suspend operations

ArcelorMittal announced temporary suspension of Hunedoara operations. The company announced that it has temporarily suspended its operations from February 14 until March 31, 2025.

ArcelorMittal Hunedoara temporarily suspend operations

According to the company, it is facing economic difficulties due to high electricity costs. While urgent measures are on the agenda to reduce costs and minimize losses, it was stated that these steps will be a protective measure for employees.

The Board of Directors of ArcelorMittal Hunedoara SA has decided to temporarily suspend the Company's activities for the period 14.02.2025-31.03.2025 and to pay 75% of the basic salary to the employees affected by this measure.

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

Organic coated sheets were the most used product in EU quotas

Thursday, February 20, 2025

US cancels anti-dumping investigation into steel plate imports from France

Thursday, February 20, 2025

Türkiye and Qatar strengthen economic cooperation

Thursday, February 20, 2025

European steel companies prepare to file a lawsuit against Eurofer

Thursday, February 20, 2025

Saudi Arabia’s Mega Projects: Four Major Structures Shaping Steel Demand

Thursday, February 20, 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