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Home » Topics » News

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News

Nucor, University Receive Federal Grant for Carbon Capture

May 3, 2022
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Nucor Corp. is partnering with the University of Kentucky (UK) Research Foundation to test a carbon dioxide (CO2) capture system at Nucor Steel Gallatin. This is one of 12 research projects being funded by a Department of Energy grant to advance point-source carbon-capture and storage technologies that can capture CO2 emissions generated from natural gas power plants and industrial facilities that produce commodities like steel. More than 50 industry and university experts are working together to tackle the difficult challenge of applying carbon-capture and sequestration techniques to an electric-arc furnace (EAF) steelmaking process. Once this pilot is complete, Nucor and UK will have a better understanding of the costs and effectiveness of carbon-capture technology for flue gas with low CO2 content and the feasibility of replication of this technology at other EAF steel mills.


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Steelmaker in India Orders Blast Furnace

May 3, 2022
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SMS group has been chosen by Jindal Stainless Ltd. (JSL) to build a new blast furnace at its Kalinganagar unit in India. The blast furnace will have a production capacity of 2 million tons of hot metal per year. The plant will serve both existing downstream steelmaking facilities and future facilities. The blast furnace will be the first in JSL’s new stainless steel complex, which is currently based on electric-arc furnace (EAF) technology, and will be the core of JSL’s Kalinganagar plant expansion. Commissioning of the plant is expected by the end of 2023. The project is another step toward India’s goal of bringing the country’s domestic production to 300 million tons by the end of the decade.


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Aluminum Recycling Plant Opening in Michigan

May 3, 2022
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Global aluminum company Hydro broke ground on its aluminum recycling plant in Cassopolis, Mich. Hydro will invest approximately $150 million in the facility, which will produce 265 million pounds of aluminum extrusion ingot per year and create approximately 70 new jobs. When completed, the plant will help Hydro reach its goal of doubling recycling of post-consumer aluminum by 2025. Applications for the aluminum produced in Cassopolis will be used for critical automotive applications and building system applications.


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Algerian Steelmaker Orders EAF

May 3, 2022
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Tenova was awarded a contract from Tosyali for the supply of an electric-arc furnace (EAF) for its plant in Bethioua, Algeria. This will be the second EAF that Tenova has supplied to this site and is a key component of Tosyali’s current expansion project. The new EAF will be designed to be almost identical to the current EAF, which was supplied in 2016. It will process 2.5 million metric tons of DRI pellets per year to produce hot-rolled coil (HRC). A charging system will allow charging and melting of more than 12 tons of HDRI (hot DRI) per minute. The composition of the DRI produced and processed at the Bethioua site is adjusted by blending iron concentrates from different sources to achieve the most profitable balance between cost of raw materials and energy.


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Sheffield Forgemasters Announces Welding Breakthrough

April 5, 2022
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Sheffield Forgemasters announced a breakthrough in the industrialization of electron-beam welding (EBW) for thick-section materials. Using EBW, the company weld-joined two 200-mm-thick (8-inch-thick), 3-meter-diameter (9-foot-diameter) forged vessel sections of nuclear-grade steel. The weld, equivalent to approximately 10 meters (32 feet) in length, was completed in a single pass and in a dramatically short timeframe. The weld was completed in 140 minutes with no reportable defects shown in preliminary nondestructive testing (NDT). A weld of this kind would typically take months and include numerous stages of NDT and heat treatment.


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AAM Secures More Than $10 Billion in Contracts

March 1, 2022
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American Axle & Manufacturing (AAM) secured multiple next-generation full-size truck front and rear axle programs with global OEM customers. These contracts, including a previously announced award in early 2021, are expected to generate more than $10 billion of lifetime revenues from mid-decade to beyond 2030. 


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Cummins to Acquire Meritor

February 25, 2022
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Cummins Inc. and Meritor Inc. entered into a definitive agreement under which Cummins will acquire Meritor, a global provider of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets, for approximately $3.7 billion. Troy, Mich.-based Meritor has more than 9,600 employees. The transaction, which is expected to close by the end of the 2022, will position Cummins as one of the few companies able to provide integrated powertrain solutions across combustion and electric power applications.


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ArcelorMittal Transitioning to EAF Production in Ontario

February 22, 2022
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ArcelorMittal confirmed with the government of Ontario its plan for a $1.4 billion investment in decarbonization technologies at ArcelorMittal Dofasco’s plant in Hamilton. The investment will reduce annual CO2 emissions at the facility by approximately 3 million metric tons, which represents approximately 60% of emissions. This means the Hamilton plant will transition away from the blast furnace/basic oxygen furnace (BOF) steelmaking production route to the direct reduced iron (DRI)/electric-arc furnace (EAF) production route. The project is scheduled to be complete by 2028.


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U.S. Steel Breaks Ground on Arkansas Steel Mill

February 22, 2022
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United States Steel Corp. broke ground in Osceola, Ark., on the company’s next-generation highly sustainable and technologically advanced steel mill. According to U.S. Steel, the $3 billion steelmaking facility will be the most advanced in North America and largest private project in the history of Arkansas. The plant will be adjacent to U. S. Steel’s Big River Steel, and the two facilities will be known as Big River Steel Works. The facility is expected to bring 900 plant jobs to the area, along with thousands of construction jobs. It will include two electric-arc furnaces (EAFs) with 3 million tons per year of advanced steelmaking capability, an endless casting and rolling line and advanced finishing capabilities.


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Intel to Invest More Than $20 Billion to Build Two Chip Factories in Ohio

February 1, 2022
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Intel announced plans for an initial investment of more than $20 billion to build two chip factories in Ohio. The investment will help boost production to meet the surging demand for advanced semiconductors. To support the development of the new site, Intel pledged an additional $100 million toward partnerships with educational institutions to build a pipeline of talent and bolster research programs in the region. As the largest single private-sector investment in Ohio history, the initial phase of the project is expected to create 3,000 Intel jobs and 7,000 construction jobs over the course of the build. Spanning nearly 1,000 acres in Licking County, just outside of Columbus, the site can accommodate a total of eight chip factories. Planning for the first two factories will start immediately, with construction scheduled to begin in late 2022. Production is expected to come online in 2025.


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Nucor, University Receive Federal Grant for Carbon Capture

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