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VAMA builds new coating line to serve growing automotive market in China
Valin ArcelorMittal Automotive (VAMA), a 50/50 joint venture between ArcelorMittal, the world’s leading steel company and Valin Steel, a leading Chinese steelmaker, has begun construction on a new continuous hot-dip galvanizing line at its facilities in Loudi, Hunan, which will enable the production of highly corrosion-resistant steel.
The coating line, which will come onstream by July 2022, will increase VAMA’s capacity to produce high-quality, high-strength steels for the Chinese automotive industry by 450,000 tonnes a year, to 2 million tonnes.
The new coating line will support VAMA’s ambition to become one of the largest suppliers to China’s automotive market. China is already the world’s largest automotive market, with forecasts indicating anticipated annual growth of at least 6% in the coming decade. ....

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