ArcelorMittal Presents The World's Most Cutting Edge Wire Production Line in Duisburg

Ms Hannelore Kraft PM of North Rhine Westphalia visited ArcelorMittal's site in Duisburg to visit the new wire rod mill. ArcelorMittal has created the world's most cutting edge wire production line in Duisburg, located in the middle of Germany's largest federal county. She also took the opportunity to discuss current economic and political topics with Group Management Board member Mr Michel Wurth and Mr Frank Schulz, CEO of ArcelorMittal Germany.

The new rolling mill in Ruhrort is testimony to ArcelorMittal's commitment to the Duisburg site. This investment of more than EUR 130 million will enable a significant reduction in energy costs, increase the plant's productivity and support jobs and training positions. The Duisburg plant supplies semi finished products for forging in addition to high-strength and ultra high strength wire rods for the car industry and renewable energy sector, including offshore wind turbines.

Mr Michel Wurth, GMB member for Long Carbon Worldwide, said that "Germany is an important location for the manufacture of products with high value creation. The new wire rod mill will make a significant contribution to us being able to retain and expand our leading market position. We therefore appeal to the public authorities in Germany and Europe to support the industry and strengthen its competitiveness."

ArcelorMittal employs state of the art energy management systems at all its German production sites and produces steel efficiently and sustainably for instance, by partially generating its own electricity.

As an energy intensive company, however, ArcelorMittal relies on huge quantities of electricity which have to be bought in. The high electricity prices in Germany therefore threaten the competitiveness of the industry and the future of the Duisburg plant.

source from wire world