ArcelorMittal and Nippon Steel, two of the largest steel companies in the world, have awarded the Basque company Sarralle the supply of a full steel mill. From the construction of the building to the delivery of the main equipment for the production of steel, such as an electric arc furnace, another double ladle furnace and a material handling plant, among other facilities.
The two partners will establish their steelworks in Alabama (United States), within a project of 775 million dollars, more than 643 million euros at the current exchange rate. The two multinationals want to strengthen their presence in the east of the North American country.
The new plant will have an annual production capacity of 1.5 million tons of high-quality plates. It will be operational from 2023 and will supply steel for automobiles.
Sarralle has obtained this contract, a technological benchmark in the steel industry, for a history of more than 55 years linked to the steel industry. Calvert, the company owned by ArcelorMittal and Nippon Steel, will create 200 direct jobs and another 100 indirect jobs with the new steel mill. Before, the construction and start-up phases will generate half a thousand jobs.
Sarralle has a workforce made up of more than half a thousand professionals spread over its centers in Azpeitia and Zumaia, both in Gipuzkoa. Its manufacturing network extends to Venta de Baños (Palencia) and Madrid. Outside of Spain, it has facilities in India and Mexico.