AK Steel has processed the first heat of molten steel through a new vacuum degasser at its Ashland, Ky., Works.

Addition of the new vacuum degassing facility, which is associated with the steelmaking shop, is part of a $65 million modernization of Ashland Works that has been underway during the past year. The existing continuous caster has also been updated as part of the modernization program.

"The successful start-up of our new degasser represents the fulfillment of AK Steel's significant investment in modernizing our Ashland Works," said James L. Wainscott, President and CEO of AK Steel. "Completion of this project enables AK Steel to more closely match its steel production capabilities with customer requirements for ultra-low carbon steel products, primarily for automotive and appliance markets."

Mr. Wainscott expressed appreciation to Kentucky Governor Ernie Fletcher and his administration, members of the Kentucky General Assembly and Ashland-area community leaders for the assistance they provided to AK Steel, especially by supporting enhanced tax incentives for the project.

The project was completed two months ahead of schedule. Both the degasser and converted straight-mold caster are currently in the ramping-up process. Once in full production, AK Steel expects the upgrade to eliminate its need to purchase premium-priced degassed steel slabs.

Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.