ArcelorMittal To Resume Steel Production At Barra Mansa Plant In Rio de Janeiro, Investing Around 19 Million Reais And Creating 150 Jobs

Written by Roberta Souza

Published on 27/05/2021 at 17:02

Unidade da ArcelorMittal/ Fonte: Portos e Navios

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ArcelorMittal Announced Yesterday the Resumption of Steel Production to Meet Construction Demand. 100 Direct Jobs Will Be Created

ArcelorMittal will resume operations at the steel mill in Barra Mansa (RJ) in the second half of this year. The project will still require investments of R$ 19 million for the maintenance and refurbishment of equipment necessary for the start of production. The return of activities at the steel mill, which has been inactive since 2019, is driven by the increased market demand for steel and the country’s economic growth prospects. With the reactivation of the area, it is estimated that 100 new direct jobs and 50 indirect jobs will be created. See also: To Compete with the Renewable Energy Market, ArcelorMittal Will Produce Carbon-Neutral Steel

Investments from ArcelorMittal at the Barra Mansa Unit in Rio de Janeiro

According to the largest steel producer in the world, present in more than 60 countries, the focus of investments at the Barra Mansa unit is primarily to meet the growing demand of the domestic steel market. The investments will be allocated to operational and technological safety projects for the equipment, with resources to restore the entire system for capturing and filtering at the steel mill and ensure better environmental compliance.

According to Jefferson de Paulo, CEO of ArcelorMittal Long Steel LATAM and Mining Brazil, this is another step that strengthens the operations of the steel producer in Brazil, demonstrating the company’s confidence in the economic recovery. He also emphasizes that the company intends to contribute to strengthening the economy by providing customers with high value-added steel solutions and collaborating with the regions where they operate through job creation, income, and socioeconomic development.

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Resumption of Steel Production and the Demand for Construction

The process of resuming ArcelorMittal’s production will occur gradually. Initially, one of the two furnaces that make up the steel mill will be restarted, and the equipment will undergo maintenance and refurbishment before the start of operations.

The Director of Industrial Business at ArcelorMittal Sul Fluminense, Tatiana Nolasco, says that the company is always attentive to market dynamics and the possibilities of new projects and investments in the region. According to her, they are betting on increased demand and the generation of new job opportunities in the area.

The investment of R$ 19 million in the Barra Mansa unit was informed by ArcelorMittal in a meeting with the Secretary of Economic Development of Rio. On that occasion, the Corporate Vice President, Alexandre Barcelos, stated that the company is operating at full capacity in Rio de Janeiro, with demand driven by civil construction and the industry in general.

For the state Secretary of Economic Development, Leonardo Soares, the resumption will generate jobs that are critical to the region’s economy. He says that, in addition to demonstrating confidence in the Rio market, this will also happen in the production chain and local administration.

ArcelorMittal To Resume Steel Production At Barra Mansa Plant In Rio de Janeiro, Investing Around 19 Million Reais And Creating 150 Jobs

ArcelorMittal Announced Yesterday the Resumption of Steel Production to Meet Construction Demand. 100 Direct Jobs Will Be Created

Investments from ArcelorMittal at the Barra Mansa Unit in Rio de Janeiro

Resumption of Steel Production and the Demand for Construction

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ArcelorMittal To Resume Steel Production At Barra Mansa Plant In Rio de Janeiro, Investing Around 19 Million Reais And Creating 150 Jobs

ArcelorMittal Announced Yesterday the Resumption of Steel Production to Meet Construction Demand. 100 Direct Jobs Will Be Created

Investments from ArcelorMittal at the Barra Mansa Unit in Rio de Janeiro

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