27
May
14:31
Usiminas approves blast furnace revamp at Ipatinga
Brazilian steelmaker Usiminas will revamp blast furnace number 3 at its Ipatinga plant in Minas Gerais state. The decision has been approved by the steelmaker's directors, the company says in a statement monitored by Kallanish.
“The total value of the project is BRL1.234 billion ($307.1 million) and will be carried until 2022,” the company says. “The main part of the investment is scheduled for 2020 and 2021. The equipment and service …
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Very good overview of the weekly steel market.
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