According to the statement, the shutdown followed technical problems that prevented the company from meeting the production launch schedule. These problems prevented the release from being launched on schedule, prompting the decision to suspend operations. The company, specializing in the production of steel powder, started its operations in November 2023.
Impact assessment and next steps
ArcelorMittal Powders has confirmed that it will now assess the consequences of the suspension together with employee representatives. There are currently 15 people working at the plant, and discussions will determine how the shutdown will affect their role and future operations.
The company did not specify whether the suspension was temporary or could lead to a long-term restructuring of the project.
