ArcelorMittal to Invest EUR17,2m in its Asturias Site
OREANDA-NEWS. August 15, 2013. ArcelorMittal Flat Carbon Europe’s management has announced that it intends to make several investments at their Aviles site, located in Asturias.
Amounting to a total of EUR 17.2 million, the main improvements resulting from these investments are related to product quality, internal logistics and customer service. The investments include a new tinplate inspection line, an upgrade of the roll shop, the revamping of hot-rolled coil yard #15, the revamping of the electrical system of galvanising line #2 and several mechanical improvements in the pickling line.
In addition to these investments, the Group intends to start-up coke oven batteries 7 & 8 in Aviles by mid-November, following their hot shutdown in December 2011, due to the fall in steel demand in Spain and Europe.
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