ArcelorMittal restarts expansion project at Brazilian plants

Tuesday, 06 August 2013 17:07:25 (GMT+3)   |   Istanbul
Global steel giant ArcelorMittal has announced that it will restart the expansion project at its Monlevade and Juiz de Fora sites in Brazil, which will increase production capacity from 3.75 million mt to 4.9 million mt per year. The expansion was first announced in 2007 but paused in 2009 due to the economic crisis and weak demand. The project is expected to be completed in two phases, with the start-up scheduled for 2015.
 
According to ArcelorMittal's statement, rebar capacity at Juiz de Fora will be increased from 50,000 mt to 400,000 mt per year and the site's melt shop will produce an extra 200,000 mt of billets per year using its new ladle and new sixth strand in the continuous caster.
 
The additional wire rod from Monlevade is aimed at increasing the supply of high added value products mainly to the domestic construction and automotive industries. Juiz de Fora's additional rebar is expected to go into downstream cut and bend operations and to civil construction end-users.

Marketplace Offers

Wire Rod

Diameter 6 - 16 mm
  TS708/S420/B420C/B420B
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Wire Rod

Diameter 5.5 - 28 mm
  EN 10016-2 AISI1006/1008/1010/1012/1015/1017
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Deformed Bar

Diameter 8 - 50 mm
  TSE/708-B420C-S420-B420B
Tedarikçi DAVUTOĞLU METAL MAK. İNŞ. SAN. TİC. LTD ŞTİ.
View Offer

Similar articles

US import long steel prices continue up on tight supply, new data confirms lower imports

Domestic long steel prices steady to up on higher scrap, mill price increases to continue

Bulgarian wire rod prices climb as rebar holds firm, buyers still book imports

Italian longs market remains under upward pressure, energy costs still central

European longs market still under upward pressure, price indications vary widely 

Romanian long steel market stays firm as domestic freight costs rise

Turkey raises local and export longs prices by $5-10/mt, mainly amid supply concerns

Saudi retail rebar prices decline in November as market sentiment remains under pressure

Turkey's Icdas increases its longs prices slightly on November 11

Local Chinese longs prices vary minimally as output drops, demand insufficient