Steelmaker Ternium is planning a major overhaul of one of their blast furnaces in its steel mill in the Brazilian state of Rio de Janeiro.
“The planned investment for the refurbishment of the equipment is scheduled to start in 2025,” Ternium said in a statement. Reuters reported the planned move earlier on Tuesday, citing sources.
The renovation and modernization of the equipment, which has 2.5 million tonnes of annual capacity, is expected to take months to complete, the sources added.
The plans come at a time when Brazilian steelmaker Usiminas, in which Ternium shares a controlling interest, is also preparing to renovate the largest blast furnace at its Ipatinga plant in the state of Minas Gerais. That task is set to begin in April 2023.
Ternium’s Rio de Janeiro plant, known as Companhia Siderurgica do Atlantico (CSA), has two blast furnaces, with the combined capacity to produce 5 million tonnes of steel per year. The idea is to rebuild the thermal insulation of the blast furnace and update auxiliary technology.
Image courtesy of Ternium.