Steel Products
January 25, 2018
ArcelorMittal Upgrades Canada Rod and Bar Facilities
Written by Sandy Williams
ArcelorMittal announced that it will invest CAD $70 million (U.S. $56.8 million) in its Contrecoeur, Quebec, wire rod and bar facilities.
Two reheating furnaces will be replaced at Contrecoeur-East wire rod mill and its Contrecoeur-West steel bar mill. The furnaces will increase the company’s rolling capacity by 100,000 metric tons with greater efficiency and reduced gas emissions. The projects are estimated at CAD $30 million and CAD $33 million, respectively, and will be completed by the first half of 2020.
