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ArcelorMittal Hunedoara temporarily suspend operations

ArcelorMittal announced temporary suspension of Hunedoara operations. The company announced that it has temporarily suspended its operations from February 14 until March 31, 2025.

ArcelorMittal Hunedoara temporarily suspend operations

According to the company, it is facing economic difficulties due to high electricity costs. While urgent measures are on the agenda to reduce costs and minimize losses, it was stated that these steps will be a protective measure for employees.

The Board of Directors of ArcelorMittal Hunedoara SA has decided to temporarily suspend the Company's activities for the period 14.02.2025-31.03.2025 and to pay 75% of the basic salary to the employees affected by this measure.

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