ArcelorMittal Poland, the Polish arm of the global steel giant ArcelorMittal, has disclosed plans to invest PLN 165 million ($40.9 million) in the modernization of its coke plant located in Zdzieszowice, as outlined in the company’s official statement. According to the press release, the ongoing modernization efforts at ArcelorMittal Poland’s Zdzieszowice coke plant have already reached the halfway mark. Notable upgrades include the construction of a 90-meter chimney, installation of new gas pipelines, and the initiation of a nitrogen oxide reduction unit for each of the Combined Heat and Power (CHP) boilers utilizing treated coke oven gas. The subsequent phase involves the modernization of three coke oven batteries and the decommissioning of an outdated chimney. All activities are slated for completion by 2026. Wojciech Koszuta, CEO of ArcelorMittal Poland, underscores the company’s commitment to reducing its environmental footprint amid the steel industry’s decarbonization challenges. While aiming for carbon neutrality by 2050, Koszuta emphasizes the interim importance of coke for blast furnaces, necessitating emission reduction measures at the Zdzieszowice plant. In a strategic move, ArcelorMittal Poland placed one of its coke oven batteries at the Kraków facility into hot mothballing by the end of 2023. This decision, driven by factors such as diminished coke demand and the pricing dynamics between coking coal and coke, aligns with the company’s optimization objectives. Previously, in 2023, ArcelorMittal Poland allocated PLN 1.5 billion ($363 million) towards modernization and expansion initiatives across three plants, aimed at enhancing product quality, energy efficiency, and overall operational efficacy. Notably, substantial investment was directed towards upgrading the blast furnace in Dąbrowa Górnicza.
Tag: ArcelorMittal Poland
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Wire rod production has been suspended at ArcelorMittal’s Polish plant
ArcelorMittal Poland suspended the production of wire rod at the Sosnowiec plant for the period from November 18 to 27, citing unfavorable conditions on the national market as justification.
According to the Polish Steel Association, apparent consumption of steel products in Poland this year fell by 17% compared to the previous year. According to European Commission estimates, the country will end 2023 with a GDP decline of 0.4% and inflation of 11.1%.
The Sosnowiec plant, located in the south of Poland, is a rolling mill that receives billets from the iron and steel mill D a browa Gornicza. Its capacity is 800 thousand tons per year. Wire rod is the main product of the enterprise, so stopping the rolling mill actually means its temporary decommissioning.
As S&P Global Platts notes, the European long steel market is experiencing a strong decline this year due to the crisis in the regional construction industry. Consumer inventories of rolled steel for construction purposes are low and are unlikely to increase in the foreseeable future.