Arcelor and VAI to fund a stainless steel plant in Belgium
Europe's and world's largest steel producer Arcelor and Voest-Alpine Industrieanlagenbau (VAI) of
Austria agreed on a contract for the establishment of a
stainless meltshop with an annual capacity of 1 million tonnes, on turn-key basis. This plant will be located in
Belgium near to Carlam hot rolling mill and be operated by part of the flat
stainless steel unit of Arcelor, namely Ugine&ALZ.
Stainless steel plant which includes an EAF, a ladle heating station and a continuous
slab caster is planned to launch
production within almost two years.