ArcelorMittal France is investing €13 million ($15m) to install new equipment and modernise its site at Saint Chély d’Apcher. The company intends to develop a new generation of steel products for electric cars, Kallanish learns from the steelmaker.
The site produces high-grade electrical steel. Besides installing new equipment, part of the €13m investment will be used to modernise the reheating line that was installed in 2013 for an investment of €90m.
The Saint Chély d’Apcher site employs 250 workers and 250 contractors. It produces steel for electric and hybrid vehicles, and the energy and appliance sectors, selling to 150 clients worldwide. 75% of production is exported, of which 25% is sent to countries outside Europe, ArcelorMittal explains.