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Romania's ArcelorMittal Galati invests 6 mln euro in zinc coating line upgrade

Romania's ArcelorMittal Galati invests 6 mln euro in zinc coating line upgrade Author: ArcelorMittal Galati. License: All rights reserved

BUCHAREST (Romania), May 2 (SeeNews) - Romania's largest steel mill, ArcelorMittal Galati, said on Tuesday it has invested 6 million euro ($6.56 million) in improving the performance of its zinc coating line.

The investment consisted of a package of technical upgrades in all sectors of the production line, followed by technical corrections implemented by maintenance specialists, ArcelorMittal said in a press release.

"This investment package allows us to adapt to our customers' new requirements in terms of quality, provides better reliability for our zinc coating line, a safer workplace and an increased production volume. Also, with these upgrades, the zinc coating line is now able to deliver excellent products for our new organic coating line," general manager of ArcelorMittal Galati Bruno Ribo said.

When coated with a zinc layer, the steel has improved properties, especially in terms of corrosion resistance, which makes it popular on the market for different applications in construction, manufacturing industries and even in the food industry, according to information posted on the company's website.

Located in southeastern Romania, ArcelorMittal Galati employs about 6,200 people and is the largest integrated steel plant in the country.

Formerly known as Sidex Galati, it was bought by LNM Holdings NV in 2001 from the Romanian state, for 70 million euro. In 2004, it became part of Mittal Steel, a company created by the merger between LNM Holdings NV and Ispat International. Two years later, following the merger between Mittal Steel and Arcelor, Sidex became ArcelorMittal Galați.

ArcelorMittal is a Luxembourg-based multinational steel manufacturing corporation which was formed in 2006 from the takeover and merger of Arcelor by Mittal Steel. It is the world‘s leading integrated steel and mining company, with a presence in more than 60 countries. 

Besides the steel mill in Galati, ArcelorMittal has 5 more operating facilities in Romania - another steel mill in Hunedoara, western Romania, a lime quarry in the eastern city of Tulcea, two plants for tubular products in Iasi and Roman, both in eastern Romania, and Romportmet , a captive port on the river Danube.

($=0.9144 euro)

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