ArcelorMittal to invest EUR17.2m in its Asturias site

en

ArcelorMittal Flat Carbon Europe’s management has announced that it intends to make several investments at their Avilés site, located in Asturias.

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07/08/2013 |
  • ArcelorMittal - investor day

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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