Sweden’s Ovako AB will adopt carbon-neutral steel production starting on Jan. 1, 2022. The company’s goal is to achieve zero-carbon emission steel. Beginning in January 2022 and until the goal is met, Ovako will counterbalance the remaining carbon emissions in production through carbon offsets. The steelmaker has reduced carbon emissions significantly through efficient processes, the use of fossil-free electricity and dedicated investments such as conversions to fossil-free fuels for heat treatment. By building on the success of its recent pilot project to heat steel with hydrogen, Ovako is now preparing the first full-scale production installation at its Hofors mill in Sweden.
Nucor Corp. announced that its board of directors approved the construction of a new melt shop at one of the company’s existing bar mills in the western United States. The new $100 million facility will have the capacity to produce 600,000 tons annually and create approximately 140 new full-time jobs. Start-up is expected in 2024. Nucor has 15 bar mills strategically located across the country that manufacture a range of steel products, including concrete reinforcing bars, hot-rolled bars, rounds, light shapes, structural angles, channels, wire rod and highway products in carbon and alloy steels. Four of the bar mills have a significant focus on manufacturing SBQ and wire-rod products.
United States Steel Corp. announced an exploratory site selection process to build a new 3-million-ton flat-rolled minimill in the United States. The planned minimill will combine two state-of-the-art electric-arc furnaces (EAFs) with differentiated steelmaking and finishing technology, including purchased equipment already owned by the company. The continued adoption of minimill technology will expand U.S. Steel’s ability to produce the next generation of proprietary sustainable steel solutions, including advanced high-strength steels (AHSS). Potential locations include states in which the company has existing EAF operations and greenfield sites. The current estimated investment is approximately $3 billion.
The University of Strathclyde’s Advanced Forming Research Centre (AFRC), part of the National Manufacturing Institute Scotland, is opening an office in Sheffield, United Kingdom, to provide local forging and forming houses with easy access to support from the research center located near Glasgow Airport in Scotland. Supported by Sheffield City Council and operating out of an office on the Olympic Legacy Park, the AFRC’s new base will effectively bring the research lab directly to the manufacturers. The office will help South Yorkshire companies tap into leading metallurgy capabilities, numerical and analytical process modeling tools, and some of the most advanced industry-scale forging and forming equipment in the world over 260 miles away in Scotland.
After a longer-than-normal, COVID-19-related hiatus, FIA will resume its Forge Fair cycle. Forge Fair 2021 will be held at Detroit’s TCF Center starting October 26 and ending on October 28. This article will give you all the pertinent information to start planning your Forge Fair experience.
The U.K.’s Sheffield Forgemasters is being acquired by the Ministry of Defence (MoD) to support a substantial recapitalization of the company’s defense-critical plant and equipment over the next 10 years. The investment will secure Sheffield Forgemasters’ role as a critical supplier to the next generation of U.K. defense programs while continuing its independent commercial activities, serving markets such as civil nuclear, oil and gas, power generation, renewables and steel processing.
ArcelorMittal will invest approximately $1.2 billion in decarbonization technologies at its Asturias plant in Gijón, Spain. The project will reduce CO2 emissions at the company’s Spanish operations by up to 4.8 million metric tons, which represents approximately 50% of emissions, within the next five years. At the heart of the plan is a 2.3 million-metric-ton green-hydrogen direct reduced iron (DRI) unit, complemented by a 1.1 million-metric-ton hybrid electric-arc furnace (EAF). This starts the transition of the Gijón plant away from the blast-furnace and basic-oxygen-furnace steelmaking production route to the DRI-EAF production route, which carries a significantly lower carbon footprint. The new DRI, which ArcelorMittal says will be the first of its kind in Spain, and EAF will be in production before the end of 2025.
United States Steel Corp. executed a non-exclusive memorandum of understanding (MOU) with Equinor US Holdings Inc., an affiliate of Norway-based Equinor ASA. Under the MOU, the companies will study the potential for carbon capture and storage (CCS) and hydrogen development in the tristate region of Ohio, Pennsylvania and West Virginia. Hydrogen-based steel processes and CCS are among the more promising and sustainable technologies currently being developed.