Production stopped on September 5, 2025, after a long time of very difficult market conditions.
Following the closure announcement, “ArcelorMittal Kryvyi Rih of Ukraine and a potential external buyer expressed interest in acquiring the Hunedoara plant,” Arcelor Mittal officials in Hunedoara said.
ArcelorMittal had several interactions with these companies. As a result, a new business model based on the flow of semi-finished steel from ArcelorMittal Kryvyi Rih to Hunedoara, allowing the resumption of rolling operations, has been thoroughly evaluated, the officials added.
After an analysis carried out in recent weeks, management concluded that this proposal would not allow ArcelorMittal Hunedoara to produce sustainably and profitably. To resume operations without guaranteed financial justification would be irresponsible towards employees and stakeholders.
(English version by Loredana Fratila-Cristescu)