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BREAKING NEWS

ArcelorMittal's Kazakh unit says to miss 2017 output target

ArcelorMittal's Kazakh unit says to miss 2017 output target
FILE PHOTO: A logo is seen on the roof of the ArcelorMittal steelworks headquarters in Ostrava, Czech Republic, April 1, 2016. REUTERS/David W Cerny/File Photo
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ALMATY (Reuters) – ArcelorMittal’s Kazakh unit will miss this year’s steel output target of 4.2 million tonnes due to a strike by coal miners this month, the company said in a statement on Wednesday.

ArcelorMittal Temirtau, Kazakhstan’s biggest steelmaker, which agreed to raise miners’ wages to end the strike, did not say how much it would produce this year.

(Reporting by Olzhas Auyezov)

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