ArcelorMittal: invests 70 million Canadian dollars in Quebec
(CercleFinance.com) - ArcelorMittal has announced major investments of almost 70 million Canadian dollars (c.
45 million euros) by 2020 in its steel production facilities in Contrecoeur, Quebec.
The investment will enable the company to maintain its leading position in the steel sector in North America, focusing on product quality, with modern plants and a reduced environmental footprint.
In particular, ArcelorMittal will replace two reheating furnaces at Contrecoeur-East (approximately 30 million Canadian dollars).
Copyright (c) 2018 CercleFinance.com. All rights reserved.
45 million euros) by 2020 in its steel production facilities in Contrecoeur, Quebec.
The investment will enable the company to maintain its leading position in the steel sector in North America, focusing on product quality, with modern plants and a reduced environmental footprint.
In particular, ArcelorMittal will replace two reheating furnaces at Contrecoeur-East (approximately 30 million Canadian dollars).
Copyright (c) 2018 CercleFinance.com. All rights reserved.