Steel Mills
Burns Harbor to Provide Steel for Interlake Steamship Vessel
Written by Sandy Williams
November 18, 2019
The first U.S.-flagged Great Lakes bulk carrier to be built in more than 35 years will be made from steel supplied by ArcelorMittal Burns Harbor. The carrier was commissioned by Interlake Steamship Company and will be built by Fincantieri Bay Shipbuilding. A ceremony celebrating the first cut of steel for the new vessel was held at Fincantieri’s shipyard in Sturgeon Bay, Wis., last week.
“The first cut of steel is a major milestone that signifies we, along with Fincantieri Bay Shipbuilding, are ready to begin production on this historic project,” Interlake President Mark Barker said. “We are extremely proud to build our company’s first ship since 1981 on these freshwater shores with the hardworking women and men who help power our industry and with American-made steel from the iron ore we carry on our U.S. flag fleet vessels. It’s a true Great Lakes success story.”
The new vessel will require 5,614 short tons of steel for the hull and superstructure with the majority supplied by Burns Harbor. Measuring 639 feet in length (78 feet W, 45 feet H, 28,000 DWT), the ship will transport raw materials to support manufacturing throughout the Great Lakes region.
“ArcelorMittal is privileged to serve as a steel supplier for the newest bulk carrier on the Great Lakes,” said Gary Mohr, vice president of supply chain management at ArcelorMittal USA. “The expansion of Interlake’s fleet will further support water commerce and the movement of raw materials using the safest, most efficient and environmentally friendly method of transportation. The construction of a new bulk carrier is a great example of how the steelmaking process comes full circle.”
The ship is expected to be completed by mid-2022 and will be the tenth vessel in Interlake Steamship’s fleet.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Ternium pushes forward with growth projects despite slump in earnings and Mexican market
Ternium S.A. Fourth quarter ended Dec.31 2024 2023 Change Net sales $3,876 $4,931 -21.4% Net income (loss) $333 $554 -39.9% Per diluted share $1.43 $2.11 -32.2% Full year ended Dec.31 Net sales $17,649 $17,610 0.2% Net income (loss) $174 $986 -82.4% Per diluted share $(0.27) $3.44 -108% (in millions of dollars except per share) While […]
Kestenbaum, Ancora state their case in proxy fight for U.S. Steel
Ancora Holdings is moving forward with its proxy fight to oust U.S. Steel’s leadership and install a new board of directors and Alan Kestenbaum as CEO.
BlueScope shelves midstream facility but still upbeat on US
BlueScope Steel is pulling back on its expansion plans in the US for now but remains optimistic about the North American market.
Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]
Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."