ArcelorMittal Brasil, a subsidiary of ArcelorMittal with headquarters in Luxembourg, announced that it has approved an investment of 4-5 billion Brazilian reais (740-925 million dollars) at its Tubaran plant in Serra, Espiritu Santo, to install a new cold rolling mill and continuous coating line.
The investment will allow the Brazilian steel company to expand the production of cold-rolled products with higher added value and rolled steel with metal coating for the automotive, construction and household industries. техники.
The capacity of the new coating line will be 560,000 tons per year. год
The capacity of the new continuous coating line will be 560,000 tons per year for processing hot-rolled coils already produced at the ArcelorMittal Plant in Tubaran.
Construction is expected to begin in 2026 and take approximately three and a half years, with operation scheduled to begin in the first half of 2026. 2030.
It is expected that about 3,000 jobs will be created at the initial stage of construction, and after the facilities are put into operation, about 450 employees will work at them.
ArcelorMittal continues to expand production in Бразилии
ArcelorMittal stated that The investment is part of its strategy to diversify its portfolio with a greater focus on refining operations and developing the potential of the Brazilian market.
ArcelorMittal has already expanded its presence in Brazil by acquiring Tuper, Tekno, Dânica and Perfilor, which offer products and solutions for the automotive, oil and gas, construction, photovoltaic and pre-painted steel industries.
According to Jorge Oliveira, President of ArcelorMittal Brasil and CEO of ArcelorMittal Flat Steel LATAM, the new investment in Tubarão will further strengthen the company's presence in high-value-added markets, especially in the automotive, home appliance and construction industries.
There are no comments yet.