ArcelorMittal resumes Gijón steelworks, longs production
ArcelorMittal resumed operations at its Spanish steel mills on Tuesday, Kallanish notes. The facilities, including the Gijón steelworks and long steel production units, were temporarily halted in mid-December due to weak demand and increased competition from low-priced imports.
“All facilities are now operational,” an ArcelorMittal spokesperson confirms. No specific production or capacity utilisation rates have been disclosed. “We are continuously assessing market conditions and adapting to the ongoing challenges posed by low demand,” the spokesperson adds.
The temporary closure primarily affected the wire rod plant and rail mill division.
Last week, ArcelorMittal reached an agreement with Spain’s largest trade unions to implement a new Temporary Employment Regulation Scheme (ERTE) for 2025. This measure is designed to provide flexibility in addressing production adjustments or temporary stoppages, ensuring stability amid persistent uncertainty in steel demand.
Todor Kirkov Bulgaria