Steel Mills
Mexican Steelmaker TYASA to Build Castrip Facility
Written by Sandy Williams
December 5, 2015
Mexican steelmaker, TYASA will begin construction of a Castrip facility at its Ixtaczoquitlan site near Orizaba, Veracruz, Mexico. The excess melt capacity of TYASA’s Quantum Furnace will supply the Castrip thin-strip casting process. TYASA expects the new facility to have a production capacity of 500,000 tons of thin-gauge, high-strength, sheet steel that will supply local manufacturing and construction markets. Start-up of the new caster is anticipated in early 2017.
The new twin roll casting and rolling plant will produce UCS coils up to 1,680mm wide, with gauge ranging between 0.8mm – 1.8mm.
Joint venture partner Nucor owns and operates Castrip facilities in Crawfordsville, Ind., and Blytheville, Ark. TYASA will be the first licensee outside of Nucor to build a Castrip mill.
“We are very pleased to welcome TYASA to the Castrip family of licensees. TYASA has a long history of adapting new technologies to feed its entrepreneurial spirit and fuel its growth. Their proven track record of commercial and technical excellence gives us great confidence that TYASA is the right partner to help exploit and expand the Castrip UCS (Ultra-thin Cast Strip) markets,” said Frank Fisher, President of Castrip LLC.
The process equipment and technical services for the new facility will be supplied through a consortium comprised of Siemens, IHI and Castrip LLC. IHI and Siemens are licensed exclusively by Castrip LLC to provide core equipment for Castrip facilities.
Castrip LLC, based in Charlotte, NC, is a joint venture of Nucor Corporation, BlueScope Steel of Australia and IHI Corporation of Japan. The partnership was formed to market and license the intellectual property developed jointly by its three owners, related to the twin-roll casting of carbon and advanced high strength steels (AHSS). Castrip LLC currently holds more than 1,500 patents and patents pending related to strip casting.
Siemens is one of the world’s leading industrial life-cycle partners. Siemens offers a comprehensive technology, modernization, product and service portfolio, as well as integrated automation and environmental solutions covering the entire life cycle of plants.
(Source: Castrip LLC)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Millett sees tariffs, CORE case benefiting SDI
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.
USW digs in on opposition to USS-Nippon deal
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.
SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.
POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.
CRU: Tata Steel looks to shed 1,600 jobs in the Netherlands
The company said, “The challenging demand conditions in Europe driven by geopolitical developments, trade and supply chain disruptions and escalating energy costs have affected the operating costs and financial performance."