![Demand for high-tech steel pushes ArcelorMittal to invest in French plant](https://media.kallanish.com/filer_public/9b/4e/9b4e9bb8-5ef0-4890-b081-f803cbaa33c6/articles_image_3914.jpg)
Demand for high-tech steel pushes ArcelorMittal to invest in French plant
ArcelorMittal is investing in its Revigny plant in northern France to enhance and improve production of new higher added-value steels, in particular for the automotive market, Kallanish learns from a company representative. In total the company is injecting €3.5 million into the project.
Revigny recently registered increased demand for high-tech steels from the automotive sector. “To meet this demand, new, stronger and lighter steels have been developed at Revigny, making it possible to meet current standards in terms of weight reduction and reducing vehicles’ carbon footprints,” ArcelorMittal explains.
75% of production at Revigny goes into the automotive industry, while the remainder caters for the agricultural machinery, domestic appliance, general engineering and stockholding sectors.
With an annual capacity of 75,000 tonnes/year of cold drawn or grinded bars, Revigny is part of ArcelorMittal’s WireSolutions business unit. It produces leaded and unleaded free-cutting mild steels with sulphur, free-cutting steels for heat treatment, case-hardening steels, leaded and unleaded carbon steels.
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Anonymous
Very good overview of the weekly steel market.
Anonymous