Brief: Fire In Gränges' Rolling Mill In Konin, Poland

Granges AB

16/05/2022 07:30

May 16 (Reuters) - Gränges AB  GRANG.ST :
    * SAID ON SATURDAY THERE WAS A FIRE IN THE NEWLY BUILT COLD
ROLLING MILL CURRENTLY UNDER COMMISSIONING IN GRÄNGES'
PRODUCTION FACILITY IN KONIN, POLAND
    * NO ONE GOT INJURED BUT THE FIRE RESULTED IN DAMAGE ON
PRODUCTION
EQUIPMENT
    * OUTLOOK FOR THE SECOND QUARTER REMAINS UNCHANGED
    * CURRENT PRODUCTION LEVEL IN KONIN CAN BE SUSTAINED
    * HOWEVER, THE VOLUME RAMP-UP ORIGINALLY PLANNED TO BE
INITIATED
IN THE SECOND HALF OF 2022, WILL BE DELAYED TO 2023
    * MORE PRECISE OUTLOOK WILL BE PROVIDED IN CONJUNCTION WITH
THE
INTERIM REPORT FOR THE SECOND QUARTER

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDL3897vm
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