ArcelorMittal to invest EUR17.2m in its Asturias site
ArcelorMittal Flat Carbon Europe’s management has announced that it intends to make several investments at their Avilés site, located in Asturias.
Amounting to a total of €17.2 million, the main improvements resulting from these investments are related to product quality, internal logistics and customer service. The investments include a new tinplate inspection line, an upgrade of the roll shop, the revamping of hot-rolled coil yard #15, the revamping of the electrical system of galvanising line #2 and several mechanical improvements in the pickling line.
In addition to these investments, the Group intends to start-up coke oven batteries 7 & 8 in Avilés by mid-November, following their hot shutdown in December 2011, due to the fall in steel demand in Spain and Europe.
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