Tenova received an order from Italy’s NLMK Verona for the turnkey supply of a 70-ton vacuum oxygen decarburization (VOD) plant with level 1 and level 2 automation and a deslagging machine. The scope of the contract includes engineering, supply, erection of all equipment, supervision of erection, commissioning and training. The VOD plant will expand the company’s existing production route, which currently includes an electric-arc furnace (EAF), two ladle furnaces, a vacuum degassing system, a continuous casting plant and an ingot casting plant.
As part of its global initiative to increase overall efficiency and better fulfill customers’ needs, international technology group Andritz announced several changes in corporate structure. Andritz Asko Inc., Andritz Asko BV, Andritz Herr-Voss Stamco Inc. and Andritz Metals Inc. have merged to form Andritz Metals USA Inc., a new legal entity. Andritz Metals USA is headquartered in Callery, Pa., and maintains locations in Ambridge, Pa; Canonsburg, Pa.; Conway, Pa.; Homestead, Pa.; Novi, Mich.; Rockhill, S.C.; Chesterton, Ind.; South Holland, Ill.; and Amsterdam, Netherlands. Andritz Sundwig GmbH has been renamed Andritz Metals Germany GmbH. In the next few months, Andritz Maerz GmbH and Andritz FBB GmbH will merge with Andritz Metals Germany GmbH, which is the absorbing entity. Andritz Metals Germany is headquartered in Hemer, with additional locations planned for Krefeld and Windeck. In addition, Andritz Selas SAS has been renamed Andritz Metals France SAS.
Boston Metal raised $50 million in Series B funding, positioning the company to accelerate industrial-scale deployments of its molten oxide electrolysis (MOE) technology toward emissions-free steel. The company’s MOE technology uses electricity to transform metals from a raw oxide form into high-purity molten-metal products, facilitating CO2 emissions-free steel production from a wide array of iron ores in a potentially more efficient, less costly and more sustainable approach.
Nucor Steel Florida safely started on schedule in December 2020 by melting, casting and rolling in endless mode from the first heat. Located in Frostproof, Fla., the minimill has a rated capacity of 380,000 shtpy and will produce rebar ranging from 0.37-1.4 inches (9.5-35.8 mm) in straight bars up to 60 feet and spooled coils up to 5 tons. Danieli’s MIDA casting and rolling technologies significantly reduce the overall CO2 emissions due to the absence of a reheating furnace. Nucor Steel Florida will allow the company to satisfy the regional demand of steel rebar and recycle the scrap available in the area.
ArcelorMittal and Nippon Steel Corp. executed a definitive agreement to invest approximately $775 million to build an electric-arc furnace (EAF) at AM/NS Calvert, a joint venture between the companies located in Calvert, Ala. The EAF is scheduled to start operation in the first half of 2023. AM/NS Calvert currently produces steel-sheet products by processing semi-finished products (slabs) procured from domestic and overseas suppliers. The new EAF will enable the facility to manufacture the slabs necessary to produce its steel-sheet products. This, in turn, will enable AM/NS Calvert to shorten lead time in slab procurement, improve its productivity through utilization of self-manufactured high-temperature slabs and increase the domestic procurement ratio of slabs. The EAF will have a capacity of 1.5 million metric tons per year.
TMS International, a provider of outsourced industrial services to steel mills, acquired the business and assets of Stein LLC and Stein Steel Mill Services of Cleveland, Ohio. Stein provides services to steel producers throughout the U.S. Its full-service operations provide metal producers with the flexibility and resources to handle a wide range of steel-mill processing services, such as slag removal and metallics reclamation, scrap handling, scrap management, recycling, raw-material screening, material handling, and maintenance and repair services.
Salzgitter Flachstahl GmbH, the largest steel subsidiary in the Salzgitter Group, commissioned Tenova to build a demonstration plant for the production of direct reduced iron (DRI) using up to 100% hydrogen as a reducing agent. The plant is based on ENERGIRON technology and will be installed at the Salzgitter steel mill in Salzgitter, Germany. The plant will have a nominal production capacity of 100 kg/h and will be operated with hydrogen and natural gas. The DRI produced will be used in the blast-furnace process to save injected coal and in the electric-arc furnace (EAF) of the Peine plant.
Commercial Metals Company announced that its micro-mill in Mesa, Ariz., CMC Steel Arizona, has started receiving renewable energy from Salt River Project's (SRP) new Saint Solar electricity-generation plant. CMC Steel Arizona was one of the original customers to join the first phase of SRP's Sustainable Energy program, which was announced in 2018. The Saint Solar plant, located in Coolidge, Ariz., is a 100-megawatt utility-based solar array that will provide renewable energy to CMC Steel Arizona and others in the SRP community. Constructed in 2009, CMC Steel Arizona utilizes scrap-based electric-arc furnace (EAF) technology to produce steel.
Cleveland-Cliffs Inc. successfully completed the acquisition of substantially all of the operations of ArcelorMittal USA LLC and its subsidiaries, forming the largest flat-rolled steel producer in North America. In connection with the acquisition of ArcelorMittal USA, which includes the interests of ArcelorMittal USA of 60% in I/N Tek L.P. and 50% in I/N Kote L.P., Cleveland-Cliffs also acquired Nippon Steel’s remaining interests of 50% in I/N Kote and 40% in I/N Tek for a total consideration of approximately $183 million. With this additional transaction, Cleveland-Cliffs becomes the sole owner of 100% of I/N Tek and I/N Kote.
United States Steel Corp. exercised its call option to acquire the remaining equity of Big River Steel for approximately $774 million. The transaction is expected to close in the first quarter of 2021. Big River Steel operates a LEED-certified Flex Mill in northeast Arkansas. The company’s advanced manufacturing technology and skilled operators combined with U.S. Steel’s product development capabilities and intellectual property have allowed Big River Steel to produce 11 advanced U.S. Steel grades.