ArcelorMittal Brazil stated that the demand for long steel products is strong, so it has decided to resume the operation of the Barra Mansa steel plant in the second half of 2021. The plant will receive an investment of approximately BRL 19 million.

The Barra Mansa steel plant ceased production in early 2019. It mainly produces steel bars and wire rods. Driven by domestic demand, the demand for steel in the local market continues to increase. Therefore, the steel mill decided to resume operations and will use one of the two electric arc furnaces in the plant.

The annual crude steel production capacity of the Barra Mansa steel plant is 800,000 tons. The decision to resume operations this time allows ArcelorMittal Brazil to strengthen its business in Brazil and also express its confidence in restoring the economy.