Ostrava steelworks temporarily reduces production by 20 % without job losses

ArcelorMittal Ostrava, which recently became a member of the Liberty Steel Group, will temporarily reduce steel production by 20 %. The reason is the steel market development in recent months – the rise in CO2 emission prices, rise in raw material and energy prices as well as unfair imports of steel from non-EU countries. The temporary reduction will be achieved through a decrease in production rates and not through the closure of any production facilities. No impact on employment is expected.

Read more at Ostrava steelworks temporarily reduces production by 20 % without job losses.

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