Nucor Corp. announced a capital investment that will add vacuum degassing to its engineered bar capabilities at its mill in Darlington, S.C. Adding this capability will enable the mill to produce engineered bar products meeting some of the most stringent quality specifications in the industry. The vacuum degassing system is expected to begin operations in late 2020. According to Nucor, the investment wlll position it to better serve customers in the southeastern U.S.
HarbisonWalker International (HWI) is investing to increase capacity by 25% at key steel refractory facilities. Most of the investment will be at its facility in White Cloud, Mich., which manufactures refractory products primarily for steelmakers. According to the company, approximately half of its capital investment dollars will have a direct positive impact on its steel industry customers. The investment will include expansion to accommodate new warehouse and shipping space, which is being constructed with American-made steel. Additional manufacturing space will house new technologies that improve production efficiency and worker safety.
United States Steel Corp. will invest more than $1 billion to construct a sustainable endless casting and rolling facility at its Edgar Thomson Plant in Braddock, Pa., and a cogeneration facility at its Clairton Plant in Clairton, Pa., both part of the company’s Mon Valley Works. The endless casting and rolling technology combines thin-slab casting and hot-rolled band production into one continuous process and will make Mon Valley Works the first facility of this type in the U.S., according to the company.
JSW Steel plans invest approximately $1 billion to ramp up the production capacity at its Vijayanagar plant in Karnataka, India, to 18 million metric tons per year from the current 12 million metric tons per year. A current expansion project, which will raise production at the plant from 12 to 13 million metric tons per year, includes the revamp and capacity upgrade of blast furnace-3 to improve hot metal availability. The company will also modify and enhance the capacity of its melt shop, its flat and long products mills and allied facilities to utilize the additional hot metal output. This project will be complete by March 2020.
ArcelorMittal received European Commission (EC) approval for the sale of several steelmaking assets to Liberty House Group. Assets included within the divestment package are ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia), ArcelorMittal Piombino (Italy), ArcelorMittal Dudelange (Luxembourg) and several finishing lines at ArcelorMittal Liège (Belgium). According to Liberty House, the acquisition will make the company Europe’s third-largest steel producer. The transaction is expected to close by the end of the first half of 2019.
It is widely known that graphite is used in the automobile and steel industries. Besides the classical markets, there are new and ever-growing markets, such as lithium-ion batteries, being driven by the megatrends of digitalization and the Internet of Things. Of global graphite production, 70% is being accumulated by China.
Tenova and Salzgitter AG signed a memorandum of understanding to cooperate on SALCOS (Salzgitter low-CO2 steelmaking). SALCOS is a concept for a significantly CO2-reduced steel production. The aim is to undergo a transformation process of the integrated steelmaking route, moving from carbon-intensive steel production based on blast furnaces toward a direct reduction and electric-arc furnace route, including the flexible incremental utilization of hydrogen. This concept is capable of reducing CO2 emissions up to 95% with respect to the entire steel production route.
Nucor Corp. will build its new state-of-the-art steel plate mill in Brandenburg, Ky., located along the Ohio River southwest of Louisville. The company will invest approximately $1.35 billion to build the mill, which will be capable of producing 1.2 million tons per year of steel plate products. The project, which was originally announced in January, will create more than 400 full-time jobs at an average annual salary of $72,000. The plate mill, which is expected to be fully operational in 2022, will give Nucor the ability to produce 97% of the products demanded in the domestic plate market, including specialty higher-margin products. The facility will produce cut-to-length, coiled, heat-treated and discrete plate ranging from 60 to 160 inches wide and in gauges from 3/16 of an inch to 14 inches.