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Aperam invests EUR 200 million in its plant in Flanders

Earlier this year, stainless steel producer Aperam promised investments for its Flanders-based plant in Genk. With the announcement of its second quarter results, the company communicated an additional investment that brings the total value to EUR 200 million.

A second AOD converter

The initial investment included plans for a new cold-rolling, annealing and pickling line. Today, the investments will also include a second AOD converter, which will facilitate the elimination of an old bottleneck in the plant. The installations should be completed by the first half of 2020 and will allow Aperam to reduce costs and produce more efficiently and flexibly.

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Reported by
26 September 2018

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