ArcelorMittal invests 6 million EUR in Belval
Luxembourg, 23 October 2012 - ArcelorMittal Belval & Differdange has approved a revamp of the core components of the Belval Electric arc furnace (EAF). The EAF, which was commissioned in 1997, will be equipped with a new lower shell with a new “Fin-type”anode technology, a new tilting frame as well as a renewed upper shell.
Thanks to this investment, productivity and production capacity will increase; transformation and maintenance costs will decrease. Construction is expected to start in March 2013; this will require a shut-down of around two weeks. The new furnace is expected to be commissioned in April 2013. The total investment amount is around 6 million EUR and is part of the“LUX 2016” agreement.