ArcelorMittal is planning on constructing a new steel mill in Mexico for the production of carbon steel and bars including rebar, merchant bar quality and special bar quality products. The products would primarily serve the automotive and construction industries. The facility, which will cost approximately $600 million, will comprise electric steelmaking equipment capable of producing 1 million metric tons of billets per year and a new bar rolling mill with a capacity of 500,000 metric tons.
ArcelorMittal has announced plans to expand electrical steel production capacity at its Saint Chely d’Apcher plant in southern France. The addition of a new 180,000 metric tons/year continuous annealing line will take the facility’s capacity to 210,000 metric tons/year of mostly high-end non-grain-oriented electrical steels. These grades are typically used in electric engines and wind turbines.
In addition, ArcelorMittal has signed an agreement to acquire the Koppers’ Monessen (Pa.) Coke Plant from Koppers Inc. for $160 million. The plant produced 320,000 metric tons of metallurgical coke in 2007.
ArcelorMittal to Construct Steel Mill in Mexico
August 5, 2008