13,744.64 TRY BIST 100 BIST 100
53.01 EUR EUR EUR
46.48 USD USD USD
6.89 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.69 TRY Interest Interest
93.67 USD Fossil Oil Fossil Oil
6.21 USD Copper Copper
94.66 USD Silver Silver
97.64 USD Iron Ore Iron Ore
400.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
96.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

ArcelorMittal restarts Spanish ACB plant

ArcelorMittal Corporation, Europe's leading steel producer, has decided to gradually restart production at its Acería Compacta de Bizkaia (ACB) plant in Cestao, Spain, as of 1 May.

ArcelorMittal restarts Spanish ACB plant

An ArcelorMittal representative said that ACB has a six-day production period, which will be followed by a four-day shutdown period. The spokesperson did not comment on the volume of coil production but confirmed that production was lower than the planned capacity of the plant.

Acería Compacta de Bizkaia produces hot-rolled coil and corrosion-resistant steel in electric arc furnaces. The plant had been closed for maintenance in August 2022, but a projected decrease in steel demand forced ArcelorMittal to postpone restarting operations. In February 2023, the company announced the temporary resumption of steel production at ACB to fulfil an order.

Meanwhile, ArcelorMittal announced that it has not yet completed the process of evacuating blast furnace A at its Gijón plant following a fire on 22 March. An explosive cable had been placed in the blast furnace last week, but failed to destabilise the hardened material in the walls of the unit. Subsequent attempts by other means also failed. Explosives were also placed inside the BF this week in an attempt to break up the solidified pig iron. The company is currently evaluating the results of the explosions.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Green steel producer Stegra completes EUR 1.4 billion financing round

Wednesday, June 24, 2026

Sail nears completion of 2.0 MTPA pellet plant project at RSP

Wednesday, June 24, 2026

Gürkan Bayar appointed as sales and marketing specialist at Dessan Demir Çelik

Wednesday, June 24, 2026

KARDEMİR has signed a main supply and resale agreement with Amsted Rail

Wednesday, June 24, 2026

Jindal Steel Duqm’s 5 million ton green DRI complex enters critical installation phase

Wednesday, June 24, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now