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Article: United States: ArcelorMittal to idle Romanian plant.
- Article from:
- TendersInfo
- Article date:
- November 13, 2008
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Byline: sanjayV03
Bucharest - ArcelorMittal, the world's largest steelmaker, will idle one of its four Romanian plants because of falling global demand, news agency reported Tuesday.
The plant at Hunedoara will halt production in a few days for about two months, its first idling since the depression of the 1930s, factory director Remus Patan told the Mediafax agency.
Luxembourg-based ArcelorMittal said on November 5 it would cut production as the slowing global economy reduces steel demand.
No immediate ...