[ArcelorMittal Halts Gijón Long Products Output and Reaffirms 1.1Mt EAF Launch for 2026]
ArcelorMittal temporarily suspended long product and wire rod output at its Gijón facility in Spain through October 3, citing weak regional market demand. The steelmaker clarified that its blast furnace remained undamaged and customer shipments were fully maintained. Concurrently, ArcelorMittal reconfirmed that construction of its new 1.1 million mt/year Electric Arc Furnace (EAF) at Gijón remains on track for commissioning in 2026. The 1.1Mt/y EAF will feed two downstream wire rod mills, advancing the group's European decarbonization strategy. [SMM Iron Ore]