Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

thyssenkrupp Steel has restarted its 5.4mn mt annual capacity blast oxygen furnace melt shop No 2 in Duisburg after the company relined blast furnace (BF) No 1. 

 

Hot metal from BF No 1 is primarily turned into raw steel in melt shop No 2. The shutdown to extend the life of the assets was announced to start in July and proceed over a three-month period. The restart proceeded earlier than scheduled the company stated to media.  

 

The relining of BF No 1 gives the company flexibility in its product selection going forward to include value-added ultra-high-strength steel, grades with high surface quality requirements, and precision steel for electric mobility uses. The ladle transport crane, which transfers 265mt of heated steel from the converter to the continuous caster system, was part of the focus of the upgrading project. 

 

TSR and thyssenkrupp recycling partnership

The previously announced carbon emissions-reducing project including thyssenkrupp AG and TSR has received €6.4mn ($7.5mn) in funding from the North-Rhine Westphalia German government. The new recycled material is anticipated for use in steelmaking around Q3 2022.

 

($1=€0.85)

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