ArcelorMittal needs one month to restore Kazakh output

By Reuters / November 12, 2018 / www.mining.com / Article Link

ArcelorMittal Temirtau, a Kazakh unit of the world's largest steelmaker, said on Monday it would take a month to restore output at its steel mill after an incident on Saturday prompted a partial suspension of operations.

ArcelorMittal Temirtau, Kazakhstan's biggest steel mill, said at the weekend that several gas pipelines had been damaged after a fire broke out at the plant.

"I think that the recovery from the accident will take at least three weeks, then we will begin to raise the production," ArcelorMittal quoted the plant's executive director, Vadim Basin, as saying in a statement.

"The final recovery from the accident and the recovery efforts will take a month."

At the same time, the company was sticking to its plans to produce 3.915 million tonnes of steel this year, Kazakh news website Tengrinews.kz reported Basin as saying at a briefing.

(Reporting by Olzhas Auyezov; Editing by Kirsten Donovan)

Recent News

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok