voda schreef op 31 juli 2023 08:20:
AM/NS Postpones Calvert EAF Commissioning
ArcelorMittal, the esteemed global steel behemoth, has made a significant announcement, divulging the postponement of the commissioning of its innovative electric arc furnace at AM/NS Calvert. This joint venture between Nippon Steel Corporation and ArcelorMittal, nestled in Alabama, USA, was initially slated for commissioning during the second half of 2023. However, due to an expanded scope and escalating inflation, the estimated completion date has been pushed back to the second half of the following year.
The planned 1.5 million net ton electric arc furnace, a pioneering technological marvel, has drawn immense anticipation in the industry. Unfortunately, the extended timeline has raised questions and concerns among stakeholders, given the substantial investment involved. The joint venture parties are projected to invest an approximate sum of $1 billion in this groundbreaking furnace, an impressive testament to their commitment to advancing steel-making technology.
Amidst this development, the possibility of incorporating another 1.5 million net ton electric arc furnace with a reduced capital expenditure intensity is being meticulously studied. This intriguing option could potentially open up new horizons and amplify the joint venture's steel production capabilities, marking a significant stride in their quest for unrivaled excellence.
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