Spanish steelmaker CELSA has announced that it has started the construction of a rolling mill in its CELSA France plant, located in the municipalities of Boucau and Tarnos, within the region of New Aquitaine. Investment in the project will amount to €60 million and the rolling mill is planned to be operational within about 20 months.
“This operation will position CELSA France as the largest steel complex in southern France and will be an element of great strategic value for the group’s growth. With the construction of the new rolling mill, the current Boucau-Tarnos steelworks will go from developing steel billets to producing finished products, thus increasing its competitiveness and profitability. In parallel, the project will allow us to improve logistics and penetration in the markets of France and Benelux, also getting closer to the end customer,” explained Francesc Rubiralta, president of CELSA.
According to CELSA’s statement, the company currently recycles eight million mt of scrap per year and represents the largest recycler in Spain and the second largest in Europe. The new rolling mill will contribute to minimizing the impact of industrial activity allowing an improvement in energy and environmental efficiency through lower energy consumption. In addition, the ability to provide customers with an integral service from the facilities of CELSA France will reduce the emissions derived from transport.