ArcelorMittal received European Commission (EC) approval for the sale of several steelmaking assets to Liberty House Group. Assets included within the divestment package are ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia), ArcelorMittal Piombino (Italy), ArcelorMittal Dudelange (Luxembourg) and several finishing lines at ArcelorMittal Liège (Belgium). According to Liberty House, the acquisition will make the company Europe’s third-largest steel producer. The transaction is expected to close by the end of the first half of 2019.
Big River Steel (BRS) commissioned SMS group with the expansion of its steel plant in Osceola, Ark. SMS group will supply BRS with mechanical equipment and electrical and automation systems. The expansion will increase the plant’s annual output to approximately 3 million tons of steel. After completion, the facility will have two electric-arc furnaces (EAFs) and two twin-ladle furnaces. Installation of an additional gas cleaning system will ensure compliance with environmental regulations.
World-class scientists with high-performance computing capabilities at the Department of Energy’s (DOE) national laboratories are partnering with U.S. industries to tackle some of manufacturing’s toughest problems.
In this case study, Lawrence Livermore National Laboratory (LLNL) is working in partnership with Purdue University Northwest and steel-industry stakeholders to use their high-performance computing (HPC) modeling, simulation and visualization capabilities to optimize blast furnaces in order to reduce emissions and energy use.
Specialty Steel Works Inc. (SSWI) announced a major capital investment at its Niagara LaSalle Corporation Cold Finish Steel Bar (CFSB) facility in Hammond, Ind. The multimillion dollar investment in new high-performance equipment and infrastructure will enhance and modernize the facility’s operating capabilities. The Hammond plant processes cold-finished steel bars in a wide range of sizes, shapes, grades, finishes and tolerances for a myriad of customer applications, predominately in the transportation, industrial equipment and agriculture markets. New equipment will be phased in over the next 12 months.
The Timken Company announced that its board of directors approved a plan to pursue a separation of the company’s steel business from its bearings and power transmission business through a spinoff, creating two publicly traded companies.
Check out the June 2019 issue of FORGE, featuring our cover story that showcases blacksmithing becoming a "Hot" topic. Other features include "Germany's Lightweight Forging Initiative for Hybrid Vehicles and Heavy-Duty Trucks", "FAQs About Testing Forged Metal Parts", and much more.