ArcelorMittal plans to restart a $180 million expansion project at its Monlevade and Juiz de Fora sites in Brazil, increasing production capacity from 3.75 to 4.9 million metric tons per year. Rebar capacity at Juiz de Fora will jump from 50,000 to 400,000 metric tons per year, and the site’s melt shop will produce an additional 200,000 metric tons of billets per year using a new ladle and new sixth strand in the continuous caster. Monlevade will produce 1.05 million metric tons per year of coil. The expansion was first announced in 2007 but paused in 2009 due to the economy and weak demand. The project is expected to be completed in two phases, and start-up is scheduled for 2015.
ArcelorMittal Restarts Brazil Expansion
August 6, 2013