The Welt has reported that due to the easing in electricity and gas prices, the steel manufacturer ArcelorMittal Germany is adjusting its production and getting its plant in Hamburg up and running faster than originally planned. Contrary to original announcements, one of the two blast furnaces at the Bremen site was not even shut down. However, the production volumes of the two blast furnaces were significantly reduced.Last September, ArcelorMittal shut down a direct reduction plant at its plant in Hamburg, citing the extreme price increases in electricity and gas at the time. In view of the easing in prices, the system will be put back into operation in the first half of the year
The Welt has reported that due to the easing in electricity and gas prices, the steel manufacturer ArcelorMittal Germany is adjusting its production and getting its plant in Hamburg up and running faster than originally planned. Contrary to original announcements, one of the two blast furnaces at the Bremen site was not even shut down. However, the production volumes of the two blast furnaces were significantly reduced.Last September, ArcelorMittal shut down a direct reduction plant at its plant in Hamburg, citing the extreme price increases in electricity and gas at the time. In view of the easing in prices, the system will be put back into operation in the first half of the year
