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ArcelorMittal's Arduous Abyss: Hunedoara's Halt
ArcelorMittal Hunedoara suspends production indefinitely starting September 5 due to high energy costs & 60% order decline. The Romanian steel subsidiary cites competitive pressure from imports & limited government support affecting market competitiveness. The company extends technical unemployment measures beyond September 30, affecting hundreds of employees during deteriorating market conditions.
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