Steel Mills
March 23, 2016
ArcelorMittal to Sell LaPlace and Vinton Long Carbon Facilities
Written by Sandy Williams
ArcelorMittal announced it will sell its LaPlace and Vinton Long Carbon steel facilities to an affiliate of Black Diamond Capital Management.
The LaPlace Louisiana mini-mill includes an electric arc furnace, ladle metallurgy station, two four-strand continuous billet casters, and a fifteen-stand Danieli medium section mill. The LaPlace facility, along with a rolling mill in Harriman, Tenn., produces billets, angles, flats, channels and beams. The mill has a steelmaking capacity of approximately 683,000 tons.
