ArcelorMittal Long Products Canada will make major investments of nearly CAD$70 million by 2020 in its Contrecoeur, Quebec steel production facilities. These sums will enable the company to maintain its leading position in steel in North America, with a focus on product quality through more modern plants and a reduced environmental footprint. ArcelorMittal Long Products Canada employs about 1,500 people in Contrecoeur, Longueuil and Montreal and about 200 people in Hamilton. The company operates a scrap-metal recycling and conversion centre, an iron-ore reduction plant, two steel mills, three rolling mills and two wire-drawing mills. The group has an annual production capacity of over 2 million tons of steel and generates economic spinoffs of more than $1 billion per year.
- ArcelorMittal will replace two reheating furnaces at its Contrecoeur-East wire rod mill (approx. CAD$30 million) and its Contrecoeur-West bar mill (approx. CAD$33 million). These new furnaces, which aim to increase the company's rolling capacity by 100,000 tonnes, will enable greater productivity, optimal energy use and reduced greenhouse gas emissions. The work should extend until the first half of 2020.
- At the same time, ArcelorMittal will also be replacing the dust collector at the Contrecoeur-West steelworks by the end of 2018 to improve its performance and increase health and safety for the benefit of our workers and our communities. This work will cost approximately CAD$6 million.