TK sets $529M for Ala. melt shop, plans Dec. 2012 startup
Dec 10, 2010 | 11:31 AM
ThyssenKrupp AG will spend 400 million ($529 million) to build a stainless steel melt shop at its Calvert, Ala., operation, with production expected to start by December 2012, Ekkehard Schulz, the company's chairman, said Friday at the inauguration of its new processing plant in the southeastern United States.
The melt shop for ThyssenKrupp's carbon/stainless steel complex, initially expected to be complete in January 2011, was delayed due to the financial crisis.
"The electric arc furnace melt shop is scheduled to start production in December 2012. It will have capacity of 1 million tonnes per year," he told reporters.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.