Nippon Steel Slates Blast Furnace Reline, Coke Oven Overhaul
11/05/2018 - Nippon Steel & Sumitomo Metal Corp. said it plans to spend the equivalent of US$812.6 million to reline a blast furnace at a steel works in northern Japan and refurbish a coke oven battery in southern Japan.
In a statement Friday, the company said it will reline the No. 2 furnace blast furnace at its Muroran Works and refurbish the No. 3 coke oven battery at its Nagoya Works.
The blast furnace project, to take place in the second half of 2020, will take the furnace’s volume to 3,014 m3. It is expected to cost US$309.2 million.
The coke oven project is estimated to cost US$503.5 million. The company said it will convert the 84-oven battery to run on a different technology, but it didn’t elaborate.
“NSSMC will continue to reinforce facilities by introducing the latest domestic/foreign technologies, including advanced IT, and increase efficiency and productivity and improve costs,” the company said.