ArcelorMittal is moving forward with approximately $138 million in capital funding for three investments within its U.S. Flat Carbon operations. ArcelorMittal Indiana Harbor will upgrade its 84-inch hot-strip-mill coiling capability, which will expand its product size range and improve quality. At Burns Harbor, the 160-inch plate mill will add a new, high-capacity leveler as part of the company’s overall plate heat-treating strategy. Hibbing Taconite, a joint-venture mine between ArcelorMittal, U.S. Steel and Cliffs Natural Resources, will receive an upgrade to its assets with the purchase of two new haul trucks.
The upgrade at Indiana Harbor will also expand product capabilities to include ultrahigh-strength, hot-rolled steels in a greater size range to serve the heavy-equipment markets. The leveler at Burns Harbor will be sized for high-strength quenched-and-tempered products in a broad spectrum of gauge, width, length and yield strengths. ArcelorMittal has developed a holistic approach to this heat-treat facility to improve flatness, surface and presentation quality of its products.
ArcelorMittal to Upgrade Indiana Facilities
April 5, 2010