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ArcelorMittal plans a new steel beam mill in Quebec

January 20, 08 by TheFleet

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By Tom Stundza | Source: Purchasing.com

ArcelorMittal will build a $380 million steel beam mill in Contrecoeur, Quebec, that could begin production as early as 2010. Beams are not produced in Canada so the plant probably will reduce imports from the U.S. Imports of beams into Canada from the U.S. were approximately 535,000 tons for the 12 months ending July 2007, according to the U.S. Census Bureau.

In a related matter, ArcelorMittal also will restructure its steel production activities in Canada. Flat-rolled carbon steel production will be consolidated at the renamed ArcelorMittal Dofasco plant in Hamilton, Ontario, while long-product production will be centered at Contrecoeur. With this restructuring, the Contrecoeur site will end sheet-steel production by closing its hot-rolling mill on January 31 and its cold-rolling mill on February 29.

Read the full story at Purchasing.com >>

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