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ArcelorMittal is considering restarting its rolling mill operations at its Hunedoara plant in Romania in November. The plant had suspended operations in early September due to high electricity costs and market pressure from low-priced imported products. 27RK095 oriented electrical steel, The period of economic layoffs at the plant has been extended until the end of October, and the final decision on restarting operations is still pending, The feasibility of Ukrainian steel billet supply and the cost pressures following the implementation of the EU's Carbon Border Adjustment Mechanism (CBAM) in 2026 are key factors affecting this plan. ArcelorMittal's Hunedoara plant in Romania suspended operations in early September 2024. The company cited two main reasons at the time: high electricity costs – rising energy costs squeezed factory profit margins and were the direct cause of the temporary shutdown; and import competition pressure – the influx of low-priced imported steel into the market exacerbated the supply-demand imbalance in the region and further weakened the factory's operational competitiveness.
ArcelorMittal has not yet made any final decisions regarding the restart plan, 27RK095 oriented electrical steel, which means the November restart plan remains uncertain and requires further confirmation of subsequent plans.
