Steel Mills
Stelco BF Upgrade Finished and Running
Written by Sandy Williams
October 14, 2020
Canadian steel producer Stelco has completed the upgrade and reline of the blast furnace at Lake Erie Works and has commenced production.
The upgrade will improve quality and increase metal production by up to 300,000 net tons per year and reduce costs to produce steel coils by CAD $30 ($22.84 U.S.) per ton.
“We are extremely pleased with the 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,” said Executive Chairman and CEO Alan Kestenbaum. “We were able to execute this project safely and without any loss of work hours due to COVID-19. As a result of this upgrade and reline project, we believe we have created a best-in-class blast furnace at our Lake Erie Works facility.”
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.