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Report: U. S. Steel Seeks Permit to Build EAF at Fairfield Works
01/30/2014 - On a conference call Tuesday with analysts, United States Steel Corporation CEO Mario Longhi announced the company has filed a permit requesting to construct an electric arc furnace at its Fairfield Works in Alabama to replace its existing blast furnace, the Pittsburgh Business Times reports.
Longhi said the flexibility of moving to an EAF will improve U.S. Steel's North American operations, allowing it to adapt to global demands and be more cost-effective.
Currently in the basic engineering phase, Longhi said the permitting process for the facility could take nine to 12 months. He said construction could begin in the third quarter of 2015, and be completed by mid-2017.
Relying on an electric arc furnace instead of the traditional blast furnace would improve the company's raw materials position for iron ore and coke, and reduce capital spending and maintenance costs associated with operating a blast furnace, according to Longhi…
Click here to continue reading this article from the Pittsburgh Business Times.
Currently in the basic engineering phase, Longhi said the permitting process for the facility could take nine to 12 months. He said construction could begin in the third quarter of 2015, and be completed by mid-2017.
Relying on an electric arc furnace instead of the traditional blast furnace would improve the company's raw materials position for iron ore and coke, and reduce capital spending and maintenance costs associated with operating a blast furnace, according to Longhi…
Click here to continue reading this article from the Pittsburgh Business Times.
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