NEW YORK U.S. Global
Steel Dust Inc., a recycler of electric-arc furnace dust, plans
to break ground on a greenfield facility in the United States
in the next few months, chief operating officer Barry Hamilton
The Lausanne, Switzerland-based
company is considering three locations in three states in the
South and expects to select one by the end of March, he said.
"Were now looking at a shortlist of properties. We want
to start building as soon as possible (and begin) operations by
the end of the year." He declined to say what states the
company is considering as negotiations are ongoing.
The planned facilitythe
companys first operating plant in the United
Stateswill include six muffle furnaces used to recycle
electric-arc furnace dust and extract zinc oxide. It will run
at an annual rate of 40,000 tons once production begins,
Hamilton said, and the company plans to add another 30,000 tons
per year in 2014.
U.S. Global Steel Dust plans to
hire about 60 workers for the facility.
Demand for zinc oxide, which is
used in a variety of end markets, including the tire, rubber
and chemical industries, is improving, according to Hamilton.
"Automotive is strong, and zinc oxide also goes into drilling
chemicals used in the oil and gas industry, which is
In addition, the company sees an
opportunity to take some market share as Horsehead Holding
Corp. is in the process of permanently shutting its Monaca,
Pa., zinc facility, he said. "Theres increasing demand,
and Horsehead is shutting its zinc oxide plant in Pennsylvania
so there will be a gap in the market."
U.S. Global Steel Dust has been
working to secure production facilities in Thailand and Saudi
Arabia since 2011 (
amm.com, May, 10, 2011).