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home / news releases / ARCXF - ArcelorMittal South Africa to restart furnace on higher steel demand


ARCXF - ArcelorMittal South Africa to restart furnace on higher steel demand

ArcelorMittal South Africa (ARCXF) to restart the second blast furnace at its Vanderbijlpark operations in January due to increased steel demand as lockdown-affected construction projects are now being completed.This would add around 600K tonnes of additional annual flat steel production volumes, but exports would still be required at the current demand expectations for 2021.Source

For further details see:

ArcelorMittal South Africa to restart furnace on higher steel demand
Stock Information

Company Name: Arcelormittal Sa Ord
Stock Symbol: ARCXF
Market: OTC
Website: arcelormittalsa.com

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