Steel Dynamics Inc. plans to invest $225 million in two new flat-roll steel coating lines to be located in the southern United States to support its Sinton Steel Mill in Texas, which is scheduled to begin production in late summer 2021. The lines will be comprised of a 300,000-ton flat-roll galvanizing line with Galvalume coating capability and a 240,000-ton paint line. The electric-arc-furnace (EAF) flat-roll steel mill is expected to have an annual production capacity of approximately 3 million tons, with the capability to produce the latest generation of advanced high-strength steel grades. Steel Dynamics expects the new coating lines to begin production in the second half of 2022.
Nucor Corp. plans to build a third TrueCore manufacturing facility to be located in Brigham City, Utah. The 120,000-square-foot facility will manufacture insulated wall and roof panels using continuous line equipment. It is expected to be operational in 2022 and will employ 50 workers. TrueCore produces insulated metal panels that are used as exterior walls, interior partitions, ceilings and roofs in the cold storage and industrial construction markets. With thicknesses ranging from 2-8 inches and widths up to 44 inches, the company’s panels and facilities are designed to deliver consistent quality and reduced lead times.
Stelco Holdings Inc. announced that its wholly owned subsidiary, Stelco Inc., successfully commissioned a new pig-iron caster at its Lake Erie Works facility. It has the capability of casting up to 1 million tons of pig iron per year. The addition of the pig-iron caster will allow the company to fully capitalize on increased capacity resulting from its recently completed blast-furnace upgrade project. With the expansion of EAF production in North America, the demand for iron units is placing increased pressure on the existing supply of scrap steel, making pig iron a highly valued commodity in the production of EAF steel.
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.
Liberty Steel Group, part of GFG Alliance, announced that it made a non-binding indicative offer (NBIO) as part of a thyssenkrupp-led process to acquire the steel activities of thyssenkrupp. Liberty Steel, a global steel and mining business, has 30,000 employees in more than 200 locations on four continents. A possible combination of Liberty Steel and thyssenkrupp Steel would create a group well positioned to tackle the challenges faced by the European steel industry.
The American Iron and Steel Institute (AISI) released its 2019 Annual Statistical Report, which provides comprehensive data on the U.S. steel industry and select data on the North American steel industry as a whole. The report highlights that shipments from domestic steel mills measured 96.1 million net tons in 2019, up 0.9% from the previous year. U.S. raw steel production was 96.7 million net tons in 2019, a 1.3% increase from 2018.
Germany’s SMS group is investing in the acquisition of shares in two Brazil-based companies, Viridis and Vetta, expanding its market presence in Latin America. Part of the transaction is the merger of these two Brazilian companies to create a competency center for industrial digitalization, with emphasis on efficiency and sustainability technologies. The new business will operate under the name Vetta in conjunction with SMS digital, an SMS group subsidiary specialized in digital solutions.
When I realized that my metallurgical career began four decades ago in May, I decided to take a look at one 40-year career in this field. A motivation to do so is some recent condescension of Baby Boomers by younger generations because we have not had it as tough as they. That may be true, but I’ll let you decide.
Tokai Carbon GE LLC, a manufacturer of graphite electrodes for the U.S. steel industry, plans to create up to 15 full-time jobs with a $25 million investment in its facility in Hickman, Ky. The investment would cover the cost to install new equipment, which will allow the company to increase production to better serve customers throughout the U.S. Tokai Carbon GE LLC is a subsidiary of Tokai Carbon Co., which is headquartered in Tokyo, Japan. Tokai Carbon purchased the U.S.-based graphite electrode business of SGL Carbon in November 2017 and operates production facilities in Hickman and Ozark, Ark. The Tokai Carbon Hickman site currently employs 50 people.
HarbisonWalker International (HWI), a supplier of refractory products and services, completed the first phase of a $9 million expansion at its manufacturing operations in White Cloud, Mich. The project will significantly increase warehousing space and add advanced-manufacturing and hydraulic press technologies. HWI’s 110,000-square-foot White Cloud facility currently employs approximately 140 people and produces brick and monolithic refractories utilized by the steel industry.