“Over the past few days the two plants were cut off from major transport roads due to ceaseless snowstorms. Traffic of heavy-duty trucks along Romania’s routes was halted or limited. Railway operations are also severely limited. All this made it impossible to supply billets to Mechel Campia Turzii and Ductil Steel Buzau,” the company noted in a news release.
Ductil Steel Buzau and Mechel Campia Turzii will resume activity on February 22 and 24 respectively, once the blizzard and its effects subside.
The measures will not impact the company’s production plans for the year, according to Mechel-Steel Management chief executive officer Andrei Deineko.
Mechel entered the Romanian market in 2002. Local Mechel operations include Mechel Campia Turzii (INSI.RO), Mechel Targoviste (COS.RO), Ductil Steel Otelu Rosu, Ductil Steel Buzau, Laminorul Braila and Mechel Reparatii Targoviste.