Heat Treat Industry News

December 7, 2007

ArcelorMittal to Increase Q&T Plate Output in U.S.

ArcelorMittal has announced plans to increase its output of quenched and tempered plate across its U.S. plate mills in order to meet high military and commercial demand. The company said its investments will focus on updating equipment and material-handling facilities at all of its U.S. plate mills – Coatesville and Conshohocken, Pa., and Burns Harbor and Gary, Ind. The upgrades will be completed in phases during 2008 without disruptions to existing operations.

With the investments, ArcelorMittal is targeting a 50,000-ton increase in its output of high-quality quench and tempered product. ArcelorMittal USA is the largest steel producer in North America and the largest integrated steel producer in the U.S.

About ArcelorMittal

ArcelorMittal is the world's number one steel company, with 320,000 employees in more than 60 countries. The company brings together the world's number one and number two steel companies, Arcelor and Mittal Steel.

ArcelorMittal is the leader in all major global markets, including automotive, construction, household appliances and packaging, with leading R&D and technology, as well as sizeable captive supplies of raw materials and outstanding distribution networks. An industrial presence in 27 European, Asian, African and American countries exposes the company to all the key steel markets, from emerging to mature, positions it will be looking to develop in the high-growth Chinese and Indian markets.

ArcelorMittal key pro forma financials for 2006 show combined revenues of USD 88.6 billions, with a crude steel production of 118 million tonnes, representing around 10 per cent of world steel output.

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

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