ArcelorMittal, Nippon Steel to build new electric arc furnace in U.S.

Reuters ^

[ameribbean expat]

TOKYO (Reuters) - Japan’s Nippon Steel Corp and ArcelorMittal SA will spend $775 million to build an electric arc furnace at their U.S. joint venture in Alabama, with a planned start date in the first half of 2023, Nippon Steel said on Tuesday.

The new furnace, to be constructed at their 50-50 joint venture AM/NS Calvert, will have an annual capacity of 1.5 million metric tonnes and will produce hot-rolled, cold-rolled and coated steel sheets.

Calvert currently produces steel sheet products by processing semi-finished products, or slabs, procured from local and overseas suppliers.

With the new furnace, Calvert will be able to manufacture some of the slabs needed to produce its steel sheet products on its own, which would shorten lead time and improve productivity, Japan’s biggest steelmaker said in a statement.

The new furnace will also produce slabs for automotive flat products, including advanced high-tensile steel sheets, it said.

[aposiopetic]

ping

[phoneman08]

Wait until President Kamala tells them they have to power it with unicorn flatulence.

[Crucial]

Why couldn’t we do this ourselves?

[Swiffer_Ralf]

Because the unions, read as Communist party that has destroyed ever unionized company and business to the point of stagnation.

If the Japanese build it watch and see how quickly they tolerate union BS.

The cost of that plant is a pittance so if the unions start issues the Japanese can easily automate the system, if it’s not already setup to be done in the first place, and limit the numbers of employees to a bare minimum.

Weird thought was how much high quality coking and smelting coal do they have in Alabama ??

Blue Creek AL has the Last log its size coking coal deposit in the USA to produce high quality steel. Would one not think it was a criticsl National security resource??.

Regards

[clearcarbon]

"Wait until President Kamala tells them they have to power it with unicorn flatulence.

She'll order some of the remaining coal fired plants be converted to crematoriums.

[higgmeister]

Weird thought was how much high quality coking and smelting coal do they have in Alabama ??

Surely you jest.   Birmingham was known as the The Pittsburgh of the South.   Bessemer is a suburb of Birmingham named for Sir Henry Bessemer, the English inventor of the steel-making process he became famous for.   A 56 foot high statue of Vulcan stands over Birmingham atop Red Mountain in the suburb of Homewood.

It was created as Birmingham's entry for the Louisiana Purchase Exposition (1904 World's Fair) in St. Louis, Missouri. While it is the world's largest made of iron-ore, it is also among the nation's tallest statues of any kind. Vulcan dramatically demonstrated the mineral riches and manufacturing capabilities of the Birmingham area while on display in the Louisiana Purchase Exposition's "Palace of Mines and Metallurgy". It was awarded a "Grand Prize".

My mother said when she was a girl she would walk outside every morning and taste the smoke from the furnaces.   The Sloss Furnaces is a National Historic Landmark.   My uncle worked there until it closed in 1971.

[Swiffer_Ralf]

Very knowledgeable reply, thank you

[higgmeister]

I also had relatives around 1910 that worked as child labor, then miners, in the Bessie Mine twenty miles northwest of Birmingham.   Two brothers crushed in cave-ins a few years apart.

[higgmeister]

You’re welcome, it’s in the blood around there.

[Jimmy Valentine]

No mills left in Pittsburgh, Baltimore, or Bethlehem.

[Bonemaker]

"...will have an annual capacity of 1.5 million metric tonnes and will produce hot-rolled, cold-rolled and coated steel sheets..."

At least that's the cover story. Democrats will nationalize it and use it for "other purposes".

[Alberta's Child]

The Calvert plant is already highly productive in terms of automation. I read somewhere that it can produce more steel with 1,600 employees than the Bethlehem Steel mill in Sparrows Point, MD — the largest steel mill in the world at its peak — was able to produce with a work force of more than 25,000 people.

[central_va]

I wish Sparrow Point was still operational. B-more would no be a basket case if there were REAL jobs and industry still there. Thanks globalists for destroying US industry.

[central_va]

Unions? BS. That was the last war. Unions are in a steep decline which is a good thing. Only 7% of the US workforce is in a union. It isn’t 1955 anymore.

[central_va]

No mills left in Pittsburgh, Baltimore, or Bethlehem turning them into liberal socialist hell holes.

[Swiffer_Ralf]

Am I taking it that you feel union influence though not like it was in years past is not going to go into overdrive during the next administration.??

[Alberta's Child]

Your post might be applicable on another thread, but not this one.

I believe the Sparrows Point mill closed in 2012. The Calvert plant that is the subject of this thread opened in 2010 — in ALABAMA.

I’m not sure what “globalism” has to do with this.

[Jimmy Valentine]

Absolutely correct. I weep over Baltimore. Charm City is a mess.

[central_va]

7% can’t go into overdrive.