Steelmaker US Steel Kosice, US Steel's subsidiary in Slovakia, has closed the second of its three blast furnaces due to high energy costs and a drop in demand.
"Management has decided to temporarily close the blast furnace due to very high energy prices, low demand and a sharp increase in steel imports," company spokesman Jan Baka said.
It is stated that they expect the two blast furnaces to be operational again in early 2023.
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