According to local Italian media, Italy-based steelmaker Acciaierie d’Italia has decided to suspend production at blast furnace No. 2 during December 4-11, and so the plant will only have one functioning blast furnace, marking an historical minimum.
The reason for the shutdown is a worn-out raw material conveyor belt, which is no longer usable due to lack of maintenance resulting from the poor finances of the company, as local media reported.