Daily News for Energy & Environment

Romania: ArcelorMittal Galati, to start an extensive investment and maintenance program

ArcelorMittal Galati, Romania’s second largest energy consumer, part of ArcelorMittal, a world leader in steel and mining, is launching an extensive 30 million euro investment and maintenance program that generates a stop for the hot flow for about 4 weeks. The company ensures that stopping will not affect customers or the activity of the mills, due to prior preparation.

ArcelorMittal Galati currently exports over 70% of production, as the Romanian market has not recovered sufficiently since the 2008 crisis.

ArcelorMittal is present in 60 countries and supplies steel from major global markets, including automotive, construction, household appliances and the packaging industry. In 2016, globally, ArcelorMittal recorded a turnover of $ 56.8 billion and a steel production of 90.8 million tonnes. ArcelorMittal is listed on the stock exchanges in New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and Barcelona, ​​Bilbao, Madrid and Valencia (MTS).

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