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The Warsaw Voice » Business » October 22, 2008
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ArcelorMittal Opens New Rolling Mill
October 22, 2008 By A.R.    
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Steel giant ArcelorMittal launched a new bar rolling mill at its steelworks in Warsaw in September.

Built at a cost of 80 million euros, the new mill is one of the most modern rolling lines in Europe, the corporation said.

The project is the latest investment project in Poland by ArcelorMittal, which has spent more than zl.3 billion, or about 920 million euros, on various Polish steelworks over the past three years. Its projects have involved a sheet mill in Cracow, a continuous steel casting line in D±browa Górnicza, an organic coating line in ¦więtochłowice, and the modernization of a steel wire rolling mill in Sosnowiec. All these facilities are in southern Poland.

The Warsaw steelworks manufactures quality and specialist steel as well as structural steel. The new rolling mill enables the steelworks to "develop production based on state-of-the-art technology to meet the needs of Poland's rapidly developing infrastructure sectors," said Gonzalo Urquijo, a member of the board at the ArcelorMittal group.

ArcelorMittal is the world's largest steel corporation, employing more than 320,000 people in 60 countries. Last year the group reported sales revenue of $105.2 billion, producing 116 million tons of raw steel, roughly 10 percent of total output worldwide.
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