1. ArcelorMittal confirms closures at Liege site

    ArcelorMittal said it faced a structural over-capacity in Northern Europe, given a difficult European market.”The liquid phase in Liege is still not competitive enough under foreseeable market conditions,” Joao Felix da Silva, CEO of ArcelorMittal Liege said in a statement on Friday.Arcelor said the decision would not impact its capacity or market share in Europe.


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