ArcelorMittal to invest €6 million in Belval EAF revamp

Tuesday, 23 October 2012 16:28:19 (GMT+3)   |  
       

Global steel giant ArcelorMittal has announced that Luxembourg-based ArcelorMittal Belval & Differdange has approved the revamp of its Belval electric arc furnace (EAF).
 
Construction is expected to start in March 2013 and will require a two-week shutdown. The new furnace is expected to be commissioned in April 2013. The company stated that, with the revamp, productivity and production capacity will increase, while transformation and maintenance costs will decrease.

ArcelorMittal Belval & Differdange will invest around €5.9 million in the revamp in total.


Similar articles

ArcelorMittal to fund decarbonization projects in India

11 Jul | Steel News

ArcelorMittal to invest in CHAR Technologies to accelerate steel industry decarbonization

06 Jul | Steel News

ArcelorMittal to invest in new EAF at Belval plant with government support

16 Jun | Steel News

ArcelorMittal to invest in Catalyst program for transition to zero-carbon emissions steelmaking

21 Sep | Steel News

Italy’s Tenova to supply ladle furnace for ArcelorMittal

31 Aug | Steel News

ArcelorMittal halts Brazilian rolling mill expansion

01 Nov | Steel News

Peabody Energy, ArcelorMittal and Macarthur board agree to terms for recommended takeover of Macarthur Coal

30 Aug | Steel News

ArcelorMittal moves towards land acquisition in Orissa

17 May | Steel News

Mittal not expecting pre-crisis demand levels in developed world before 2015

16 Mar | Steel News

ArcelorMittal prices $3 billion bond issue

02 Mar | Steel News