Steel Mills

Stelco Commissions Pig Iron Caster
Written by Sandy Williams
January 28, 2021
Canadian steelmaker Stelco has successfully commissioned its new pig iron caster at Lake Erie Works. The new caster has the capability to produce one million tons of pig iron per year and will offer an alternative to scrap for EAFs and Stelco’s own recently upgraded blast furnace.
Pig iron is expected to be an attractive commodity as electric arc furnace production expands and puts pressure on existing scrap supply. Stelco plans to offer a portion of its pig iron to the market, enhancing its portfolio of products ranging from pig iron, to semi-finished steel, to hot-rolled sheet, to high-value-added cold-rolled and coated products, as well as advanced high-strength steels.
“The commissioning of the pig iron caster completes the most recent of our many strategic investments in Stelco since mid-2017, which have modernized our facilities, diversified our product mix and positioned Stelco to succeed in various market cycles,” stated Alan Kestenbaum, Executive Chairman and CEO of Stelco.
 
			    			
			    		Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
 
		                                Ternium swings to Q3 loss, eyes 2026 recovery
Ternium closed the third quarter with steady shipments and improving margins. But trade policy uncertainty and subdued demand in Mexico weighed on the Latin American steelmaker’s results.
 
		                                Algoma’s losses widen in Q3 as tariff troubles continue
Algoma Steel’s net loss more than quadrupled in the third quarter on trade woes and its EAF transition. Separately, the company announced a change in leadership, as CEO Michael Garcia will retire at the end of the year.
 
		                                Cliffs, POSCO announce MoU for ‘transformative’ partnership
Cleveland-Cliffs on Thursday said it had signed a memorandum of understanding (MoU) with POSCO to forge a strategic partnership, one Cliffs bills as "transformative."
 
		                                Cliffs touts steel stamping solution to replace aluminum in automotive
Cliffs said it successfully completed a defect-free trial production of exposed steel parts using aluminum-forming equipment in collaboration with an unnamed OEM,
 
		                                Nucor navigates mixed flat-rolled markets with strategic muscle
Nucor entered the fourth quarter with clear forward momentum: stronger-than-expected results, solid sheet and plate demand, and construction progress on a major new mill that should add capacity next year.
