Posted on 14 Mar 2024
ArcelorMittal has reported a fire at its main steel plant in Mexico, Kallanish notes. The accident at the Lázaro Cárdenas facility derived from the failure of a transformer in one electric arc furnace on 10 March. The technical personnel of the company and firefighters controlled the accident and put the area out of operation, ArcelorMittal says. It is understood that no one was harmed in the accident. “As we continue to assess the damage incurred, we acknowledge the potential impact on the steel supply to our customers due to the anticipated reduced production capacity in the second quarter,” the company explains. The steelmaker lost 25% of its production capacity following the accident. The company is making all efforts to minimise supply commitments to distributors and clients. "We have initiated all necessary protocols to address this situation with maximum safety and efficiency and to ensure the plant’s normal operating restart as quickly as possible," ArcelorMittal confirms. The company has four 220-t EAFs, capable of producing 5.3 million tonnes of liquid steel per year.
Source:Kallanish
