SÃO PAULO Steel
industry newcomer Cia. Siderúrgica Suape (CSS) has
delayed commissioning of its flat-rolled steel mill in
northeastern Brazils port of Suape.
The start-up is now expected to
take place in early 2015, a year after the originally
CSS revised the projects
schedule based on the progress of engineering work, the
licensing process and market expectations, a company spokesman
told AMM sister publication Steel First.
CSS will initially have an
800,000-tonne-per-year rolling mill capable of producing
hot-rolled, cold-rolled and coated flat steel products. The
company expects the plants capacity to reach 1 million
tonnes per year some 18 months after start-up, once market
conditions are favorable.
CSS has also postponed
commissioning of service center units in Suape that were
originally slated for the end of 2012. The first service center
facility is now expected to come on-stream in early 2015. Its
capacity will be doubled to 250,000 tonnes per year once
CSS rolling mill is operational, the company said.
The projects investment,
however, continues to be pegged at 1.5 billion reais ($757
The Recife, Brazil-based
steelmaker is in negotiations with slab suppliers in Brazil and
elsewhere to feed its rolling mill, but it didnt disclose
the names of the companies involved.
CSS is a joint venture of
Brazils Moura Dubeux Engenharia SA, also based in Recife;
and Fábrica Participações, Rio de
A version of this article
was first published by AMM sister publication Steel