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7 Pages

Florange steel plant

Florange steel plant

Report summary

Located in Florange in the North East of France, ArcelorMittal's Florange plant is the smallest of its plants in France.  The plant is part of ArcelorMittal Atlantique and Lorraine.  The high cost of steel production in Florange led to ArcelorMittal close the plant's iron and steel making operations in October 2011.  The plant still produces coke for use in ArcelorMittal's Dunkerque plant, and also produces hot rolled coil using slab from Dunkerque.  Prior to its closure, Florange's...

What's included?

This report includes 2 file(s)

  • Florange steel plant PDF - 308.92 KB 7 Pages, 8 Tables, 3 Figures
  • Florange.xls XLS - 313.50 KB


This Steel Plant report provides a detailed analysis of the cost profile, process overview, products and key issues for this asset, as well as a detailed location map.

For steel producers, advisors and financial companies, this report provides an understanding of the value and efficiency of the operation. Use this report to understand the competitive position, identify acquisition opportunities and strengthen business strategies.

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  • Key facts
  • Summary and key issues
    • Summary
    • Located in Florange in the North East of France, ArcelorMittal's Florange plant is the smallest of its plants in France. The plant is part of ArcelorMittal Atlantique and Lorraine.
    • As one of the higher cost operations in the ArcelorMittal steel portfolio, the Florange iron and steel making operations were closed in October 2011. The plant still produces coke for use in ArcelorMittal's Dunkerque plant, and also produces hot rolled coil using slab transferred from Dunkerque.
    • The plant is capable of producing highly technical and high value added products, primarily for the automotive industry, which helped rationalise ArcelorMittal's decision to maintain production of downstream products at the plant despite stopping production of steel.
    • Key Issues
    • There had been discussion of closing the blast furnaces at Florange since 2003. Originally ArcelorMittal planned to shut the blast furnaces in 2010 but the time-frame was extended to 2011 following ArcelorMittal's commitment to keep them operating as long as the long term economic environment remained favourable. Florange's location 400 kilometres from the nearest port contributed to the high cost of its steel production.
    • ArcelorMittal is still looking for buyers for the blast furnaces, but are unwilling to sell the whole site. As part of ongoing discussions with the French government regarding the future of Florange, ArcelorMittal has had to commit to minimal redundancies and has said that they will invest US$232 million (€180 million) in Florange between 2013 and 2018 updating equipment and improving the cost position of the plant. We have assumed that US$181 million (€140 million) of this will be invested in the process to the hot rolling point.
  • Location maps
  • Participation
  • Process overview
    • Steel plant overview
  • Products
  • Costs
    • Capital costs
    • Operating cash costs
  • Economic assumptions

In this report there are 11 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Detailed map
  • Participation
    • Participation
  • Process overview
    • Process overview: Table 1
  • Products
    • Downstream products
    • Finished steel production
    • Products: Table 2
  • Costs
    • Capital costs
    • Total operating cash costs - Finished steel
    • Costs: Table 2
  • Economic assumptions
    • Economic assumptions: Table 1
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