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ArcelorMittal Hunedoara is suspending production, in reaction to market conditions and increased energy prices

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ArcelorMittal temporarily ceases production at the steel plant in Hunedoara, as a result of high prices for electricity and natural gas, informs a press release issued by the company sent to AGERPRES on Wednesday.

Plant production was suspended on December 1 2019. Structures, round billets and angles were produced here. The factory has 640 employees and 200 contractors.

"The prices for electricity and natural gas have increased significantly for industrial users in Romania in recent years, the Romanian prices being significantly higher than in other European countries with important…

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