The construction of hydrogen furnaces in the cold rolling mill in Kraków is just one of the large investment projects that ArcelorMittal Poland is implementing in its branches this year. – They will cost almost PLN 1.5 billion and will increase the quality of the products offered and improve energy efficiency and installation efficiency – says Marzena Rogozik, from the Krakow branch of Arcelor Mittal.
New hydrogen furnaces
The pickling plant in the cold rolling mill of the Krakow branch was modernized; work is currently underway in the annealing shop. The company will build new hydrogen furnaces there, which will replace the old installations. The cost of all works in Krakow is over PLN 135 million.
This year, the ArcelorMittal Poland coking plant in Zdzieszowice could also count on a cash injection for investments in a heat and power plant and the construction of a flue gas denitrification installation. Important environmental projects cost more than PLN 165 million.
– Aware of the challenges posed by the constantly changing market situation and unexpected economic fluctuations caused by completely unexpected events, such as the pandemic or the outbreak of war in Ukraine, we constantly invest in those areas of our activity that allow us to confidently compete on the steel market and maintain our plants are in good condition – emphasizes Wojciech Koszuta, CEO of ArcelorMittal Poland.
The steel industry is the driving force of the Polish economy
– The huge financial outlays are not only the result of the need to replace some installations with new ones or to meet the stringent requirements of EU directives. It is primarily a strong desire to improve quality and implement product innovations in our steelmaking processes in Poland, despite the challenges faced by steel producers throughout Europe – emphasizes Sanjay Samaddar, president of the management board of ArcelorMittal Poland. – Steel industry is the key driving force of the Polish economy. We want to develop them here, on the Vistula River, and at the same time we have the ambition to become pioneers in the difficult and expensive, but necessary, decarbonization process – he sums up.
Since the beginning of its operations in Poland, in 2004, ArcelorMittal Poland has already invested PLN 10.5 billion in its plants located in six cities in the country.