Romanian ArcelorMittal Hunedoara Resumes Ops Early-Wed

The plant tried to resume production as of Monday morning, but the equipments would not start, because of temperatures below 15 degrees Celsius, plant officials said.

In October 2008, ArcelorMittal Hunedoara halted production for two months due to the international financial crisis, and its 1,200 employees were put on technical unemployment. Employees went back to work mid-January.

ArcelorMittal, the world’s largest steelmaker, announced early November it will cut its worldwide production by at least 30% in the last months of the year, due to the international financial crisis, which triggered a slump in demand.

The group owns four steel plants in Romania, in Galati, Iasi, Hunedoara and Roman, harbor operator Romportmet Galati and the local unit of construction company ArcelorMittal Construction.