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The new walking-beam reheating furnace will streamline the slab heating process at NLMK Pennsylvania and replace three outdated pusher-type furnaces currently operational at the facility.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
AISI: Raw steel production eases to 5-week low
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
Nucor maintains HR price at $750/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was unchanged week on week (w/w) at $750 per short ton (st) on Monday, Nov. 18.
Mexican court orders sale of officially bankrupt AHMSA
After failing to reach agreements with its creditors, Altos Hornos de México (AHMSA) has been formally declared bankrupt by a Mexican bankruptcy court.
AISI: Raw steel production edges back up
Domestic raw steel production recovered last week, after slipping the week prior, according to the latest American Iron and Steel Institute (AISI) data. Weekly production remains at some of the lowest levels recorded this year.
Cliffs closes its 2024 HR spot book
Cleveland-Cliffs announced the closing of its December order book for hot-rolled coil spot purchases, though it said contract bookings remain available.