ArcelorMittal (MT:US), the world’s biggest steelmaker, will resume coke production at its plant in Monessen, Pennsylvania, by May 2014 to reduce the company’s purchases of the raw material.
ArcelorMittal (MT) will spend $50 million to restart the plant, which has been idled since May 2009, the Luxembourg-based company said in a statement today. The company expects to employ 180 workers at the factory, which can produce 370,000 tons of coke a year. Coke is produced from metallurgical coal and used for steelmaking.
To contact the reporter on this story: Sonja Elmquist in New York at email@example.com
To contact the editor responsible for this story: Steven Frank at firstname.lastname@example.org