ArcelorMittal said it was taking measures to cut its North American steel production in response to the weakening demand for downstream steel after the outbreak of covid-19, foreign media reported. It is reported that ArcelorMittal's plant in the port of Indiana is ready to shut down the No. 4 blast furnace.
ArcelorMittal USA said it was planning to work with the United Steelworkers union "to minimize the impact on its employees. The company will continue to communicate with its customers to understand the market impact of the outbreak of covid-19, which may require additional capacity optimization to maintain a balance between supply and demand.
The specific impact of the measures taken on the output of its Indiana plant is unclear. According to the company's data, the annual capacity of Anmi Indiana steel plant is about 5.81 million tons.
ArcelorMittal's Dofasco steel plant in Hamilton, Ontario, Canada, also cut production, the company said. It is reported that the annual capacity of Dofasco's No. 3 blast furnace is about 716000 tons, which is the smallest of the three blast furnaces in the plant. The annual shipment of Dofasco steel in ArcelorMittal is about 4.08 million tons.
