Steel Mills
Stelco BF Upgrade Near Completion
Written by Sandy Williams
September 15, 2020
Canadian steel producer Stelco Holdings is nearing the finish line on its comprehensive blast furnace upgrade and reline project at Lake Erie Works in Nanticoke, Ontario.
The project is current on budget and on schedule for completion in early October 2020. The upgrades will create “what we believe will be the first smart blast furnace of its kind in North America,” said the company in a press release.
It is the first reline and upgrade for the Lake Erie Works blast furnace and will ensure the efficient operation of the technologically improved furnace for the next 30-40 years. The upgrades are expected to increase hot metal production and quality up to 300,000 net tons per year and reduce costs by a corresponding $30 per net ton.
“We are pleased with the extremely hard work of our employees and contractors on this once-in-a-generation project that we have undertaken in the middle of the global pandemic to create a best-in-class blast furnace at our Lake Erie Works facility,” said Executive Chairman and CEO Alan Kestenbaum.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.
Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.
AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).
Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.