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ArcelorMittal and Nippon Steel to build a galvanizing line in New Carlisle, USA
Apr 16, 2008
ArcelorMittal announced that it is expanding its Joint Venture (J/V) partnership with Nippon Steel Corporation by building a new continuous galvanizing line (CGL) at the I/N Kote facility in New Carlisle, Indiana, USA. The new CGL will have a capacity of 480,000 t/a and, upon completion, will double I/N Kote’s galvanized production capacity. In addition, the new line will offer high-grade, high-quality coated sheets that promote improved safety and fuel efficiency in automobiles.
"This investment will ensure ArcelorMittal and Nippon Steel maintain our leadership position in supplying the North American automotive industry with high-quality steels," said Michael Rippey, president and CEO of ArcelorMittal USA. "This approximately $240 million investment at I/N Kote will add a second galvanizing line that will double our production capacity. ArcelorMittal is proud of the success demonstrated by our existing J/V relationship at I/N Tek and I/N Kote and we look forward to the future success of this new automotive coating line."
The new CGL will be housed in a new 240,000-square-foot building and will be supplied with cold-rolled coils from ArcelorMittal’s Indiana Harbor and Burns Harbor operations as well as ArcelorMittal and Nippon Steel’s J/V at I/N Tek. Groundbreaking is expected to take place later this year with completion slated for late 2010.
Founded in 1991, I/N Kote is a 50-50 joint venture between ArcelorMittal and Nippon Steel. The facility currently produces 450,000 tons of hot-dip galvanized and galvannealed sheet and 410,000 tons of electrogalvanized sheet annually.
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