Wire production at Ductil Steel Buzau has been halted since mid-December.

In the meantime, the company finished maintenance works at the production unit and centralized orders, according to Mechel.

Rolled metal production will be resumed once the rolling mill is overhauled, the company said.

Mechel entered the Romanian market in 2002 and employs around 7,000 people. The Russian group owns five steel plants in Romania, namely, Mechel Campia Turzii, Mechel Targoviste, Ductil Steel Otelu Rosu, Ductil Steel Buzau and Laminorul Braila.

In September, the Russian company announced plans to sell its operations in Romania, as part of a larger restructuring strategy to improve financial performance and increase market value.