Ugine & Alz commissions stainless steel plant
The world's second largest steel producer Arcelor announced today that its French unit Ugine & Alz started
production at its new
stainless steel
slab plant, Carinox, on September 28, 2005.
Carinox plant, which was designed to have an annual
stainless steel
production capacity of 1 million tons, was built in 26 months. The commissioning of the plant took place one month ahead of the schedule.
An investment of €241 million was made in Carinox that will replace two smaller, non-integrated steel plants.