Member access

4-Traders Homepage  >  Shares  >  Euronext Amsterdam  >  ARCELORMITTAL    MT   LU0323134006

ARCELORMITTAL (MT)

1581
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

ARCELORMITTAL : Romania ArcelorMittal Galati To Restart Plate Mill After 3 Years Idle - Mediafax

05/11/2012 | 07:30am US/Eastern
Recommend:
0

ArcelorMittal Galati, a unit of steelmaker ArcelorMittal (MT), Friday said its heavy plate mill No. 1 will resume production in the next few weeks, after staying idle for more than three years, news agency Mediafax reported.

"We want to increase efficiency and avoid production bottlenecks at plate mill no. 2," said Bruno Ribo, general manager of ArcelorMittal Galati.

Heavy plate production is expected to reach 1 million tons a year once both mills are up and running, Ribo said.

The plate mill no. 1 was shut down in the fall of 2008.

Luxembourg-headquartered ArcelorMittal owns four steel plants in Romania, in Galati, Iasi, Hunedoara and Roman, as well as harbor operator Romportmet Galati and the local unit of construction company ArcelorMittal Construction.

Agency web site: www.mediafax.ro

Recommend :
0
React to this article
Latest news on ARCELORMITTAL
2d ago ARCELORMITTAL : Ukraine to invest USD 70mn in development.
5d ago ARCELORMITTAL : New electrical power unit helps Bottrop coke plant cut energy us..
5d ago POSCO : aims to raise $2 billion by end-2015 through restructuring
6d ago ARCELORMITTAL : Ukraine to invest USD 70mn in development.
07/22 ARCELORMITTAL : Independent Dutch study declares steel the best material for roa..
07/22 ARCELORMITTAL : announces the publication of sell-side analysts' consensus figur..
07/22 ARCELORMITTAL : announces the publication of sell-side analysts’ consensus..
07/21DJSeverstal to Sell Its North American Units -- Update
07/21DJSeverstal to Sell Its North American Units -- Update
07/18 Tata steel's new technology to help cut energy cost, capital expenditure
Advertisement
Chart
Duration : Period :
ARCELORMITTAL Technical Analysis Chart | MT | LU0323134006 | 4-Traders
Income Statement Evolution
ARCELORMITTAL : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF