2025-03-11
Mar. 10, 2025 - ArcelorMittal, the world’s second-largest steelmaker, has announced a maintenance program worth more than €270 million, which includes temporarily halting production at its main plants in Dunkirk and Fos-sur-Mer in France for several months.
According to a company statement, operations at the main blast furnace in Dunkirk are scheduled to be suspended for 90 days starting from April 15, 2025. This furnace is the largest in Europe, and planned investments to enhance its environmental transformation have previously been postponed.
The cost of the maintenance work in Dunkirk will amount to €254 million, while €18.3 million will be allocated to maintenance work at the Fos-sur-Mer plant.
The decision comes amid challenges facing the European steel sector, including rising energy costs and the global economic slowdown, which has prompted many companies to reassess their operations and investment plans.
ArcelorMittal is also seeking to balance its investments in the green transformation with ongoing economic pressures.
The temporary shutdown is expected to have an impact on production, but the company has not yet determined how it will manage supplies to customers during the shutdown.
ArcelorMittal is one of the world’s largest steel companies, operating in more than 60 countries.
The European steel industry is facing significant pressure from global competition and rising raw material and energy costs, forcing companies to restructure their operations to keep pace with economic changes.
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