GFG Alliance (GFG) will add an electric-arc furnace (EAF) and a direct reduced iron (DRI) facility to Whyalla, its South Australian-based steelworks. The EAF will utilize the latest technology for energy optimization, and the DRI facility will produce low-emission Greensteel from GFG’s South Australian magnetite resource and domestic steel scrap. These investments, along with previously announced plans for a new rolling mill to be built by Danieli, are part of GFG’s updated Whyalla Greensteel Transformation Plan.
Cleveland-Cliffs Inc. will resume construction of its hot-briquetted iron (HBI) plant in Toledo, Ohio, and accelerate the restart of its Tilden mining operations in Michigan. The construction of the Toledo HBI plant was temporarily shut down on March 20 due to the COVID-19 pandemic, and the company has now begun the process of remobilizing the workforce to complete the project. Due to mandatory social distancing and other newly implemented safety-related measures limiting the number of workers allowed to be present simultaneously on the job, construction is now expected to be completed in the fourth quarter of this year.
Tenova LOI Thermprocess received an order from China’s Shougang Qian’an Electrical Vehicle Steel Co. for the heat-treatment portion (furnace system) for two annealing and coating lines (ACLs) for non-grain-oriented (NGO) electrical strip. The scope of the contract includes engineering, turnkey delivery of all furnace-related key components, supervision of assembly, commissioning and training. In addition to the electrical equipment belonging to the furnaces, the control components and the associated software and a mathematical furnace-management model will also be supplied.
JM Steel announced that it will be part of Steel Dynamics’ new flat-roll steel mill in Sinton, Texas – a move that will substantially expand JM Steel’s footprint over the next two years. The facility, scheduled to be operational in June 2021, will have an estimated annual capacity of 3.0 million tons and include next-generation electric-arc furnace (EAF) technology. JM Steel's facility has plans to include three slitting lines capable of producing 30,000 tons of steel per month. It will also include two roll-forming lines and a stamping press capable of producing 260,000 bolts per month to serve mining markets in Mexico, Honduras, Costa Rica, Chile and Peru.
JD Fields & Company Inc. acquired Alameda Pipe & Steel Company, a steel products manufacturer based in Gardena, Calif. The purchase of the newly branded Alameda Pipe and Fab enables Houston, Texas-based JD Fields & Company, which has operated as a company of two business units focusing on steel pipe for the oil-and-gas sector and steel foundation products for civil infrastructure, to continue its evolution into a one-stop, vertically integrated supplier and manufacturer of its own steel products.
Ovako, together with Linde Gas AB, conducted a full-scale trial using hydrogen to heat steel before rolling. The trial was performed with good results in one of the company’s pit furnaces at the Hofors rolling mill in Sweden. This historic development for the steel industry proves that carbon dioxide emissions from rolling can be eliminated provided the right financial support and infrastructure are in place.
Fives received an order from CELSA Group, a manufacturer of steel long products based in Spain, for a walking-beam furnace. The furnace, which has a capacity of 120 tons per hour, will reheat billets of different sections and lengths to serve a new rolling mill that specializes in the production of steel billets from the recovery of scrap. The furnace includes complete digital on/off control and heat-curve control for optimum combustion. It will be installed in the CELSA France plant located in the municipalities of Boucau and Tarnos, New Aquitaine region. Commissioning is scheduled in the fall.
Danieli received the final acceptance from Turkish steelmaker Atakas for six bell annealing furnaces. The supply consisted of the addition of six new bases (three furnace bells and three cooling bells) to the existing BAF eight-base line installed and started-up by Danieli in 2018. The upgraded facility is now capable of processing prime-quality annealed sheet products of cold-rolled carbon steel for the automotive market. The maximum diameter of coils is 2,000 mm (78.7 inches), with strip thickness ranging from 0.3 up to 2.0 mm.
Insteel Industries Inc. announced that its wholly owned subsidiary, Insteel Wire Products, acquired substantially all of the assets of Strand-Tech Manufacturing Inc. (STM) for $22.5 million. STM manufactures prestressed concrete (PC) strand for concrete construction applications. Under the terms of the agreement, Insteel acquired STM's accounts receivable, inventories, production equipment and facility located in Summerville, S.C. Mount Airy, N.C.-based Insteel plans to close the Summerville facility and move most of its equipment to the company's other three PC strand production facilities in Gallatin, Tenn.; Houston, Texas; and Sanderson, Fla.
Acerinox, a stainless steel manufacturer based in Spain, acquired Germany’s VDM Metals, a global supplier of metals. The transaction, which is valued at approximately $570 million, has received approval from the European, U.S. and Taiwanese competition authorities. VDM has seven production plants in Germany and the U.S. The new group company will be a global leader in the development and manufacture of special nickel alloys and high-performance stainless steels.