The organic coating line will help ArcelorMittal Galati serve better the local market, which is currently dominated by imports, but showing growth perpectives, the company said in a statement.
The new line, with a capacity of 100.000 tons per year, will supply the local market and will produce strips over a large range of thicknesses and widths, single and double – sided coatings of various depths and both gloss and matt finishes.
“This investment reinforces ArcelorMittal’s commitment to continue investing in Romania. While Galati plant has registered operational losses during the last 5 years, ArcelorMittal Group has injected over EUR200 million since the crisis hit us,” Bruno Ribo, Chief Executive Officer of ArcelorMittal Galati, said.
The galvanizing line of ArcelorMittal Galati is also subject to investments in order to provide a high-quality underlying layer for the coating line, according to the company.
Last year, ArcelorMittal Galati output totaled 1.7 million tons of products.