The largest steel mill in the country ships about 65% of 70% of its production abroad and is the 14th largest exporter, as Romania lacks major infrastructure projects.
The sheet metal ArcelorMittal makes in Galati will be used in the construction of a pedestrian bridge at the Koge North Station in Denmark.
“(…) The thick sheet metal made in Galati can be used in any major infrastructure project, including those in Romania,” said Bruno Ribo, CEO of ArcelorMittal Galati.
The local market’s inability to absorb more steel, a precious resource, shows the state of the industry and infrastructure in general. While steel was used for bridges, rails, vehicles during the communist days, now demand is low, which means less is being built or made nowadays.
ArcelorMittal Galati officials said they expressed interest in the bridge over Danube in Braila, which is 13 kilometers away from Galati and about BRUA (the natural gas pipeline connecting Bulgaria, Romania, Hungary and Austria).
Romania plans to build a new bridge over Danube in Braila, a 2 billion lei (EUR436 million) project. (EUR1=RON4.5860)
(English version by Loredana Fratila-Cristescu)