Steel giant to invest more in Poland

ArcelorMittal Poland (AMP) is planning to invest around PLN 150-200 million in an extension of a rolling mill in Kraków, Puls Biznesu daily reported. The Polish unit of the steel producer has already spent PLN 5 billion to modernize its Polish steel mills. According to the expert cited by the daily, AMP is considering an extension of its rolling mill based in Kraków and building a galvanizing plant in addition. The whole project is estimated to be worth PLN 150-200 million. "There has been an initial decision made," said one of the company's representatives. ArcelorMittal is the world's largest steel producer and has been operating in 60 countries.