• Skip to main content

    CRU

    CRU: ArcelorMittal Ordered To Shut Down Hot Strip Mill in France

    Written by Rosy Finlayson


    France’s labor inspectorate has told Luxembourg-headquartered ArcelorMittal to temporarily close the hot end of its Fos-sur-Mer steel works because insufficient protection measures are exposing employees to high levels of toxic products and dust.

    The order will lead to the shutdown of the entire site, local media reported. The plant has been the subject of several formal notices from local authorities, and legal complaints for pollution filed by local residents and non-governmental organizations.

    Latest in CRU

    CRU: HR coil futures re-price 2027 forward curve

    CME Group’s hot-rolled coil futures have jumped higher as the loss of a reheating line at a large Southern mill have renewed domestic production issues. At market close on Oct. 12, the Q4'26 futures are now pricing in $1,295 per short ton (st) for HR coil, a month-over-month (m/m) increase of $63/st. For 2027, the forward curve is up $80 /st vs. September, at $1,207/st. For November 2026 through March 2027, prices are at an average just above $1,300/st.