Dunaferr, one of Hungary’s largest industrial steel manufacturers, was forced to shut production, the company said on Sept. 17. “The situation of Dunaferr has become untenable,” and after the closure of one blast furnace weeks ago, on Friday, Sept. 16 the Dunaújváros-based group was forced to close down the other one, which “could have fatal consequences for one of the largest Hungarian industrial companies,” Telex cited the company saying.
The company said that the immediate reason for the shutdown is the unexpected refusal their decades-long partner Austria-based Donau Brennstoffkontor GmbH (DBK) to supply the essential raw coke. “The forced shutdown now means that there is currently no possibility for pig iron and steel production at Dunaferr,” their statement reads.
