Via Metal Miner Difficult market conditions have prompted Romanian steel industry leader ArcelorMittal Hunedoara to reduce production until year’s end. According to a notice provided to the Bucharest Stock Exchange, the longs producer’s board of directors decided to reduce production from December 9-31 and pay 75% of salaries to employees impacted by the steps. The December 6 notice also cited the “economic difficulties faced by the company due to the lack of orders and implicitly of the production volume, as well as a…
