Steel Mills
NLMK PA to Get New Reheating Furnace
Written by Sandy Williams
December 29, 2016
NLMK Group announced it has signed an agreement for purchase of the core processing equipment for the construction of a new reheating furnace at NLMK Pennsylvania.
The new walking-beam reheating furnace will streamline the slab heating process at NLMK Pennsylvania and replace three outdated pusher-type furnaces currently operational at the facility.
The reheating furnace, which will have a capacity of 395 tonnes per hour, or around 1.7 million tonnes per year, pre-heats steel slabs prior to further rolling at the hot strip mill. The project is expected to significantly increase the quality of finished steel products due to a more advanced technology while saving on energy consumption and minimizing environmental impact. In addition, a new warehouse will be constructed to house slabs from Novolipetsk.
Bob Miller, NLMK USA CEO, said: “The construction of the new furnace is a major project for NLMK Pennsylvania aimed to bolster the market presence of the company. It will improve the quality of hot-rolled steel by eliminating slab surface defects, which are characteristic of pusher-type furnaces. In addition there will be an approximate 45% decrease in natural gas consumption as well as a reduced emission rate.”
Construction and installation of the $80 million project is planned for third quarter 2017 with operations commencing in 2018. The construction will not interfere with current production plans, said NLMK.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.
SDI warns of lower Q4 profits on weak prices, Butler outage
The Fort Wayne, Ind.-based steelmaker and metal recycler expects Q4'24 earnings guidance in the range of $1.26 to $1.30 per diluted share.
Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
Nippon’s Mori assures USS workers on deal, rebuts USW objections
Nippon Steel addressed a host of objections by the United Steelworkers (USW) related to the Japanese steelmaker’s proposed buy of Pittsburgh-based U.S. Steel.