ArcelorMittal Brazil is to resume the expansion project at ArcelorMittal Vega, the flat steel cold rolling, pickling, and galvanising unit located in São Francisco do Sul (state of Santa Catarina), Brazil.
The investment will include the construction of a new continuous annealing line and a third galvanisation line for the production of cold rolled and galvanised products. The capacity of the unit is set to increase by 700,000 tonnes to a total of 2.1 million tonnes per year. Production is expected to begin in 2021.
The project will increase production for the automotive, construction and home appliances sectors at the Vega unit. This investment is expected to sustain ArcelorMittal’s growth strategy in Brazil and Latin America.