Steel news of the week – Americas

Friday, 04 November 2005 22:42:53 (GMT+3)   |  
       

Steel news of the week – Americas

In with the new … Rocky Mountain Steel Mills recently announced the startup of their new $30 million electric arc furnace. Installation began seven months ago for the ultra efficient unit that will replace two old furnaces. According to the company, the new furnace will allow them to consume 20 percent less energy while reducing emissions by 45 percent. The startup also coincides with Rocky Mountain’s new seamless pipe unit. The new unit will allow the company to produce pipe and tubular products for the Oil Country Tubular Goods industry at a rate of 100’000 net tons per year. … and out with the old The old site of the Michigan Steel factory will soon become just a faded memory as the city of Detroit launches an ambitious redevelopment plan. Environmental cleanup of the site is expected to begin this week. Each section of the old plant will be demolished one section at a time after which a careful cleaning will follow. The long-term plan, once the 82-year-old company’s bones are buried, is to build 300 single-family homes by 2007. Did you hear the one about the pit bull and the shipping container? New Jersey authorities, investigating an alleged drug-dealing ring at a private residence made a startling discovery when they began searching the place. They found a 27-year-old woman in a locked steel shipping container. The poor woman’s problems were further compounded by the fact that the container was guarded by a vicious pit bull terrier. The woman was rushed to nearby hospital and later released. It is still unclear how the woman came to be inside the shipping container or how long she was in there but an investigation is underway. Morehead City port to see much-needed improvements The Port of Morehead in Morehead City, North Carolina is due for some much-needed improvements. The state’s General Assembly agreed to set aside a $3.6 million appropriation that will go towards improving the state port’s infrastructure such as asphalt drives and parking areas as well as storage buildings for lumber, steel, and other cargo. The Port Authority is also initiating an aggressive $265 million expansion program which will see a 250’000-square-foot warehouse built at the port as well as the construction of a new port terminal on nearby Radio Island. Local officials welcome the improvements saying that loads at the port have increased in excess of 44 percent over the past two years.

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