Integration of American business, enhance the efficiency of management of seamless steel tubes
Hits:21272016-03-10 08:21:47
Integration of American business, enhance the efficiency of management of seamless steel tubes, ArcelorMittal plans to spend $ 11.1 million to Mexico Monterrey (Monterrey) steel tube factory add new production lines and downstream processing equipment, production quality molding steel for vehicle seats and head restraints. New line has been under construction, planned for 2016 completed and put into production in the second quarter. The company also plans to invest $ 27 million Canadian dollars (about US $ 20.3 million) Canada-long American mebull (Longueuil) transformation of modernization of the finishing line of rods, with the production of new steel products with high added value. Programme to be completed by end of second quarter of 2017, at which time the plant's annual production capacity will increase by 25%, up to 500,000 tons. Production optimization, the company intends to sell United States3 long factory, includingLaplace,Louisianaplant, andVinton,Texasplant inSteelton,Pennsylvaniaplant. 3 seamless steel tube factory installed electric arc furnace, billet continuous casting and rolling mill. Steelton plant with an annual output of 1 million tons, production of Rails; LaPlace plant capacity to produce 620,000 tons, annual capacity of 480,000 tons of rolling, producing billets, Rebar, small bars and medium section; Vinton factory with an annual output of 320,000 tons, production of steel, grinding ball, etc. Also consider closing the United States Western Indiana plant upstream and downstream production, last March to stop Indiana Harbor long products plant, closed in August South of Georgetown, South Carolina wire rod plant. Western Indiana plant or will be in theUnited Statespermanently closed the first factory. Also takes into account the closure of acquired in 2006 Mexico Michoacan SICARTSA steel mill, influence or 8,500 jobs, given the importance of Arcelor Mittal company's business in theAmericas, first to restructure its business units of the company. Restructuring including will original business sector divided for four Division, first business division including Canada, and Mexico, and long material and seamless tube business and is located in United States Alabama of AM/NSCalvert company (Arcelor Mittal and Nippon Steel live gold the funded 50% established of joint venture enterprise); second business division including except AM/NSCalvert company zhiwai of United States business; third Division including South America carbon steel long material business; IV Division is is responsible for strategy, and technology development, and Continuous casting and the global auto business. Restructuring operations for theAmericashelp divisions to better carry out its business plan to improve management efficiency.http://www.lctrgg.com/