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ArcelorMittal to Expand Electrical Steel Capacity in Southern France
07/23/2008 - ArcelorMittal plans a €76-million investment to expand electrical steel production capacity at its Saint Chély d’Apcher plant in Southern France.
ArcelorMittal has announced a €76-million investment to expand electrical steel production capacity at its Saint Chély d’Apcher plant in Southern France.
The company said the investment supports the Group’s strategy to strengthen its position in high-added-value steel products and solutions that contribute to lower carbon dioxide emissions.
The addition of a new 180,000-tonnes/year continuous annealing line will take Saint Chély d’Apcher‘s capacity to 210,000 tonnes/year of mostly high end non-grain oriented electrical steels. Among other applications, these grades are typically used in electric engines and wind turbines.
“This is a very exciting investment,” commented Michel Wurth, member of ArcelorMittal’s Group Management Board in charge of ArcelorMittal Flat Carbon Europe. “The addition of a continuous annealing line in Saint Chély d’Apcher will help the plant better serve its customers. It comes as further proof that ArcelorMittal is actively pursuing the development of steel grades and solutions which contribute to build energy-efficient and environmentally friendly equipments. And last but not least it secures the plant’s future for many years”.
The new line is scheduled to become operational during the second quarter of 2010.
