European Chemical Industry News & Insights

ArcelorMittal to Invest €88 Million in Germany

At a glance
  • €10 million will remodel two strands at the Bremen steel mill.
  • €6.5 million will convert the continuous casting line in Duisburg by mid-2015.
  • €34 million will be invested in Eisenhüttenstadt, including blast furnace improvements.
  • Hamburg will see new investments in a charging crane and wire rod warehouse in 2015.

Investment Overview

ArcelorMittal will invest €88 million in its German sites this year, following €630 million invested over the past five years. The funds will modernize and enhance the competitiveness of production sites in Bremen, Duisburg, Eisenhüttenstadt, and Hamburg.

Bremen

€10 million will be allocated to remodel two strands at the Bremen steel mill. This includes installing new modern molds to improve the performance of the continuous casting plant and enhance product quality.

Duisburg

In Duisburg, €6.5 million will be invested by mid-2015 to convert the continuous casting line to a symmetric format. This aims to align the system with future demands and increase flexibility for new product segments, particularly in the automotive market.

Eisenhüttenstadt

The Eisenhüttenstadt site will receive €34 million for various upgrades. These include improving the pulverized coal injection system at blast furnace 5A, preparing repairs for the same blast furnace, installing a new indoor crane in the hot rolling mill, and continuing the modernization of galvanizing line 1 with a new preheating furnace.

Hamburg

In Hamburg, ongoing investments will be completed in 2015, including a new analyzer container in the steel plant, commissioning a new charging crane, and constructing an additional wire rod warehouse. Last year, the seal gas compressor in the reduction plant was renewed, reducing CO2 emissions by 1,700 tonnes and power consumption by three million kilowatt hours annually.

Sustainability Report

ArcelorMittal publishes a sustainability report for its German sites, detailing local engagement, process improvements, and social initiatives. The report aligns with GRI G4 standards and is available online, with an English version planned for May 2015.