SIJ Acroni successfully resumed production at its Hot Rolling Mill in October, following a significant failure in the rolling frame's main engine, commonly referred to as "blooming." Employees have already returned to work, and SIJ Acroni ensured the preservation of all jobs during this period. The extensive repair work was successfully completed in three months through collaboration with external partners, consistent with the initial estimates.
The significant damage to the main engine of the rolling frame at the Hot Rolling Mill occurred in July, without causing any injuries. Subsequently, SIJ Acroni promptly rallied its efforts to expedite the resumption of production at the Hot Rolling Mill, overcoming the challenges on the solid foundation of past business practices. However, the substantial damage to the rolling mill frame at the Hot Rolling Mill, which temporarily disrupted a significant portion of SIJ Acroni's production, is expected to impact both SIJ Acroni's and SIJ Group's future operations. It is reassuring to know that SIJ Group and SIJ Acroni have appropriate insurance coverage in place to mitigate such risks.
SIJ – Slovenian Steel Group is one of the leading producers of stainless steel and special steels in Europe. We are committed to global and European climate goals and operate in line with circular economy principles. With our steel and steel products, we are the right partner for facilitating the green transition in Europe. We aim to confirm our sustainability credentials by achieving certification to the stringent ResponsibleSteel standard by the end of 2023. This will position us as one of the most responsible and sustainable steel producers in the world. Our two largest companies are modern recycling steelworks, and our steel is recycled because it is made from steel scrap. With more than 3,800 employees, we are one of the largest employers in Slovenia and a pillar of the Slovenian steel sector. We are one of Slovenia's leading exporters. About 85% of our revenue is generated in foreign markets.
SIJ – Slovenska industrija jekla, d.d.
Sara Wagner, Head of Corporate Communications
Telephone: +386 1 242 98 27
Mobile phone: +386 41 313 532