Category: announcements

Larssen 704 sheet piling section  

Following the Larssen 703 section, the Larssen 704 section has now been successfully launched on the market as a second section of the 700 mm wide Larssen section series. The initial application took place almost simultaneously with the building projects

• Extension of the flood protection in Illerzell/Germany as a cut-off wall
• Construction of a bulkhead on the Ermidas railway line to Funcheira in Portugal
• Building of various foundation ditches in Venice, Campagna and Silea in Italy

ArcelorMittal enters Egyptian market  

Luxembourg, 6 February 2008 - ArcelorMittal today announces that it has been awarded a license from the Industrial Development Authority (IDA) of Egypt's Ministry of Trade and Industry to construct a steel plant in Egypt.

The license was auctioned in a competitive bidding process and ArcelorMittal's winning bid was L.E. 340 million (approximately USD 60 million).

Under the terms of the license, the plant will produce 1.6 million tons of steel using DRI technology, and 1.4 million tons of billets through the Electric Arc Furnace Route.

Construction of the plant, which will be located close to the Northern Red Sea Coast, is expected to start in 2009
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