ArcelorMittal USA announced this week it will invest $162 million in its Burns Harbor mill over the next few years, including adding an in-line temper mill, new cranes, and a new basic oxygen furnace vessel.
“Improvements to the No. 2 battery will augment investments already underway and secure the future of the coke ovens," said John Mengel, the plant's vice president and general manager, in a statement. "Steelmaking reliability will be enhanced with the installation of replacement vessels. Our product offerings will include higher strength and heavier gauge hot-roll products enabled by larger and stronger coiling equipment.
Other new investments include $19.25 million to rebuild the No. 2 coke battery and another $140 million at the 80-inch hot strip rolling mill at ArcelorMittal Burns Harbor. The mill operates two blast furnaces and has a capacity of 5 million tons of steel a year for automakers and other customers.
The company will also invest in the pickle lines to enhance packaging and shipping, while the addition of a temper mill to the continuous heat treat line will improve quality, the company said.