The major projects are listed below. They included the first investments at
the newly acquired Mittal Steel Poland, and the installation of the first of two twin-strand continuous casters at Mittal Steel Temirtau. Other projects at Temirtau included construction of a coke oven battery, a tin plate rolling mill and the establishment of a galvanising line. The Group also added to its upstream assets in Kazakhstan with the acquisition of an iron ore mine capable of producing 1.4 million tonnes of production a year.
At Mittal Steel Galati, a new continuous slab caster was modernised and a coke oven battery reconstructed. In Algeria, Mittal Steel Annaba constructed a new bar mill with annual production capacity of 400,000 tons and reconstructed a coke oven.
There were two major projects in the Americas. In Mexico, Mittal Steel Lazaro Cardenas installed an RHTL degasser furnace, which materially enhances its ability to supply the automotive and appliance industries with the high-grade steels they
will need in coming years. Meanwhile, Mittal Canada re-commissioned a DRI plant in order to respond to rising demand.
In 2005, capital investment is planned to increase to approximately $1.5 billion. The largest share of that spending will be at Mittal Steel Poland where a series of projects aimed at improving product quality and productivity will come on stream over the course of 2005 and 2006.
Major investment programmes are also planned for Mittal Steel’s facilities in South Africa, Romania and Kazakhstan, where a scheme to modernise and expand iron ore production is aimed at making Mittal Steel Temirtau entirely self-sufficient in iron ore.
Mittal Steel Poland
Re-commissioning of coke oven battery
Installation of pulverised coal injection system
Mittal Steel Lazaro Cardenas
RH Degasser Furnance
Mittal Canada
Re-commissioning of DRI module
Mittal Steel Temirtau
Installation of first continous slab caster
Acquisition of iron ore mine
Mittal Steel Galati
Modernisation of the slab caster
reconstruction of coke oven battery
Mittal Steel Annaba
Installation of bar mill
Mittal Steel Poland
Modernisation of the hot strip mill Modernisation of the wire rod mill
Continous caster Installation of new colour coating line
New Coke oven battery
Mittal Steel South Africa
Rebuilding of coke oven battery Installation of pulvervised coal injection
system - blast Furnace #5
Mittal Steel Temirtau
Installation of second continous slab caster New coke oven battery #7
Installation of colour coating line Iron ore mines modernization
Mittal Steel Galati
Reconstruction of picking line Reconstruction and modernisation
of Blast Furnace #3 Rebuilding of coke oven battery #4
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