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Steelmaker ArcelorMittal Halts Bosnia Steel Plant Amid Demand Slump

A drop in steel demand throughout Europe proved the reason for ArcelorMittal temporarily suspending output at its Bosnia plant.

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ArcelorMittal Halts Bosnian Steel Production Over Low Demand

Steel giant ArcelorMittal recently decided to halt production at its Bosnian plant, citing a variety of factors including greatly subdued demand.

Pais vascoArcelormittal zenicaSchneider electricEuropean unionHigh ovenIssues contributedMetalminer insight

ArcelorMittal suspends output in Bosnia as steel demand drops

The company said the European steel market has cut demand due to a lower steel consumption that begun in 2022 with the war in Ukraine, the spike in energy prices and output costs, as well as inflation.

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ArcelorMittal suspends output in Bosnia as steel demand drops

ArcelorMittal suspends output in Bosnia as steel demand drops
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ArcelorMittal suspends output in Bosnia as steel demand drops

ArcelorMittal suspends output in Bosnia as steel demand drops
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