International Steel Mills
CSA Gets Official Operating License
Written by Sandy Williams
October 1, 2016
After running on provisional licenses for the past six years, Thyssenkrupp’s CSA steel mill in Brazil has finally been granted a definitive operating license by the state environment authority.
Companhia Siderúrgica do Atlantico (CSA) has faced environmental problems ever since it began production. Numerous fines and shutdowns were ordered by the court in relation to problems with emissions and contaminated water.
CSA said in a statement that “the INEA (State Environmental Institute) certified that all environmental requirements have been met by the company.”
The $5.9 billion CSA mill, part of Thyssenkrupp’s Steel Americas project, has been a money pit for the company since construction began back in 2007. The joint venture with Brazilian mining company Vale was hit by high construction costs and interest rates that put the mill over budget. The ensuing 2008 U.S. recession and subsequent Brazilian recession left the plant struggling with soaring production costs and global pricing pressure.
An unsuccessful attempt was made by Thyssenkrupp to sell its share of CSA in 2013. Complications with Vale’s 27 percent ownership and problems at the plant nixed any deal. Thyssenkrupp sold its U.S. facility in Calvert, Alabama to ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation in December 2013. Thyssenkrupp gained total control of CSA in April 2016 after acquiring Vale’s 27 percent share for a nominal fee.
CSA has a production capacity of 5 million tonnes of steel slab per year and continues to provide slabs to the Calvert mill in Alabama.
Sandy Williams
Read more from Sandy WilliamsLatest in International Steel Mills
Worldsteel: Global Output Slides in August
Global steel production tapered off in August vs. July, according to the latest figures from the World Steel Association (worldsteel).
Deacero Set to Invest $1B in New EAF Mill and Plant Updates in Mexico
Mexican steelmaker Grupo Deacero will invest $1 billion over the next three years as it plans to expand its steel production by 1.2 million tons per year, according to a local report.
CRU: ArcelorMittal Orders New NGO Mill
Luxembourg-headquartered ArcelorMittal has placed the contract for a reversible 6-high cold rolling mill to produce high-grade, non-oriented silicon steel strip (NGO) for use in electric motors. The unit will be installed at the group’s Mardyck plant near Dunkirk in northeastern France where it is adding a 200,000 t/y rolling mill to produce electrical steels for electric vehicles […]
Algoma Swings to Profit, EAF Project on Track
Canada's Algoma Steel Inc. reported better than expected results for its fiscal 2024 first quarter.
Gerdau’s Q2 Shipments Fall on Mill Outages
Longs producer and metal recycler Gerdau reported lower second-quarter production and shipments due to several mill outages.