ArcelorMittal Point Lisas steel plant
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ArcelorMittal Point Lisas steel plant (Planta siderúrgica ArcelorMittal Point Lisas), also known as ISCOTT steel plant or Iron and Steel Company of Trinidad and Tobago, is a mothballed 1000 TTPA electric steel plant in Point Lisas, Trinidad and Tobago.[1][2] The ArcelorMittal Point Lisas facility includes two electric arc furnaces (EAF)[2][3] and three direct reduced iron (DRI) plants.[3][4]
Location
The map below shows the location of the plant in Point Lisas, Trinidad and Tobago.
Background
At the time of its commissioning in 1980, the Point Lisas steel plant was known as ISCOTT (the Iron and Steel Company of Trinidad and Tobago).[2] The original facility included two Midrex Direct Reduction Iron (DRI) modules with a combined capacity of 840 ttpa (thousand tonnes per annum) and a melt shop with two 90-tonne Demag electric arc furnaces (EAF).[2] A third Midrex module with a capacity of 1360 ttpa was added in 1999.[4]
In 2006, the Point LIsas plant became a wholly owned subsidiary of ArcelorMittal.[2] Over the next decade the plant faced a series of challenges, including worker unrest, competition from Turkey and China, and mounting debt due to increased costs and a slowdown in the global steel industry.[2] Production declined precipitously at the end of 2015, and in March 2016 the plant was shuttered, leading to the dismissal of 644 workers.[2][1]
Despite repeated attempts to sell off the plant's assets, there have been no successful bids, and as of February 2022 the Point Lisas plant remains indefinitely mothballed.[1][3][5]
Plant Details
- Alternative plant names: ISCOTT steel plant, Iron and Steel Company of Trinidad and Tobago
- Other language plant name: Planta siderúrgica ArcelorMittal Point Lisas (Spanish)
- Location: Point Lisas Industrial Estate, Couva, Trinidad and Tobago, West Indies[3]
- GPS Coordinates: 10.4036057,-61.4829395 (exact)
- Plant status: mothballed[1]
- Start year: 1980 (age 42–43)[2][5]
- Closed year: 2016[2][1]
- Parent company: ArcelorMittal SA[6]
- Parent company PermID: 5000030092
- Owner: ArcelorMittal Point Lisas Ltd[6]
- Owner company PermID: 5000031867
- Production capacities (thousand tonnes per annum):
- 2020 Production (thousand tonnes per annum):
- Steel product category: semi-finished; finished rolled[9]
- Steel products: billets, wire rod[9]
- Steel sector end users: building and infrastructure[2]
- Workforce size: 0 currently, 644 at time plant was mothballed in 2016[1]
- Main production equipment: DRI, EAF[3]
- Detailed production equipment: 2 EAF (Demag, 80 MVA each, 1980), 3 DRI (DRI #1: Midrex CDRI 400 series, 420 ttpa, 1980; DRI #2: Midrex CDRI 400 series, 420 ttpa, 1982; DRI #3: Midrex CDRI Mega Module, 1360 ttpa, 1999)[2][3][4][7]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 "Third attempt to sell ArcelorMittal assets". Trinidad Express. March 2, 2021.
{{cite web}}: CS1 maint: url-status (link) - ↑ 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 "Impact of the Closure of a Large Foreign Direct Investment: The Case of ArcelorMittal in Trinidad and Tobago" (PDF). Central Bank of Trinidad and Tobago. January 2020.
{{cite web}}: CS1 maint: url-status (link) - ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 "Request for Expressions of Interest". ArcelorMittal Point Lisas Limited (In Liquidation). October 2018.
{{cite web}}: CS1 maint: url-status (link) - ↑ 4.0 4.1 4.2 "Midrex® Plants" (PDF). Midrex. May 2021.
{{cite web}}: CS1 maint: url-status (link) - ↑ 5.0 5.1 "Clarity needed on steel plant". Trinidad and Tobago Newsday. September 25, 2019.
{{cite web}}: CS1 maint: url-status (link) - ↑ 6.0 6.1 "ArcelorMittal - List of Significant Subsidiaries". US Securities & Exchange Commission. December 31, 2007.
{{cite web}}: CS1 maint: url-status (link) - ↑ 7.0 7.1 7.2 Developments in Steelmaking Capacity of Non-OECD Economies 2013. OECD Publishing. August 12, 2014. ISBN 978-92-64-21798-0.
- ↑ "2020 World Direct Reduction Statistics" (PDF). Midrex. September 14, 2021.
{{cite web}}: CS1 maint: url-status (link) - ↑ 9.0 9.1 "ArcelorMittal - Information on the Company". US Securities & Exchange Commission. December 31, 2009.
{{cite web}}: CS1 maint: url-status (link)
Other resources
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