Usiminas Ipatinga steel plant

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Usiminas Ipatinga steel plant (Usina siderúrgica Usiminas Ipatinga) is an integrated steel plant in Ipatinga, Minas Gerais, Brazil.[1]

Location

The map below shows the location of the steel plant in Ipatinga, Minas Gerais, Brazil.

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Background

Usiminas (Usinas Siderurgicas de Minas Gerais SA) is Brazil's leading producer of flat steel, with a capacity of 9.5 million tons and access to 2.6 billion tons of iron ore reserves.[2]

The company's Ipatinga plant, founded in April 1956 in what was to become known as the Vale do Aço (Steel Valley), was the first large steel mill in the mineral-rich Brazilian state of Minas Gerais. In October 1962, Brazilian president João Goulart lit the first blast furnace, officially inaugurating commercial operations at the plant.[3]

The Ipatinga plant had an initial steel production capacity of 500 tons per annum, but grew steadily during its first decade of operation, doubling capacity to 1 million tpa by the start of the 1970s and reaching 3.5 million tpa with the inauguration of the plant's third blast furnace in 1973.[4]

The Usiminas Ipatinga plant originally developed as a public-private partnership between the Brazilian federal government, the state government of Minas Gerais, and private Japanese investors.[3] In 2011, the Italian-Argentine conglomerate Techint acquired an ownership stake in Usiminas through its subsidiaries Ternium and Tenaris.[2]

The Usiminas Ipatinga plant is a leading producer of slabs, plates and coiled plates, hot- and cold-rolled sheets and coils, hot-dip and electrolytic galvanized sheets, and other coated sheets and coils.[5][6] Its products serve customers in the automotive, railroad, highway machinery, shipbuilding, civil construction, agricultural, capital goods, electrical-electronic, white goods (domestic appliances), machinery and energy sectors.[2][6]

In May 2019, Usiminas announced that it would invest R$1.2 billion to overhaul blast furnace 3, the largest of Ipatinga's furnaces, by 2022.[7]

In April 2020, two of Usiminas Ipatinga's three blast furnaces (the 700,000-tpa blast furnace No. 1 and 600,000-tpa blast furnace No. 2) were shut down indefinitely in response to the suspension of Brazil's automotive industry due to Covid-19. With automakers accounting for more than a third of the demand for Brazilian steel, analysts were reportedly anticipating a 50% dropoff in sales from the Ipatinga plant in the second quarter of 2020.[8] Blast furnace No. 1 resumed operations in late August 2020, while the 2.2 million-tpa blast furnace No. 3 remained operational throughout the pandemic.[9]

Plant Details

Articles and resources

References

  1. 1.0 1.1 1.2 "Overview". Usiminas. Retrieved 2020-09-15.
  2. 2.0 2.1 2.2 2.3 "Techint Group companies expand their activities in Brazil". Techint Engineering & Construction. November 2011.
  3. 3.0 3.1 3.2 3.3 "O nascimento de um gigante". Diário do Aço. October 25, 2016.
  4. 4.0 4.1 4.2 "Usiminas: Reinventando su propia historia" (PDF). Alacero. Retrieved 2020-09-15.
  5. 5.0 5.1 5.2 5.3 5.4 5.5 "Pocket Yearbook 2020: A Siderurgia em Números" (PDF). Instituto Aço Brasil. 2020.
  6. 6.0 6.1 6.2 6.3 "Production". Usiminas. Retrieved July 29, 2020.
  7. 7.0 7.1 "Usiminas usará caixa próprio em reforma de R$1,2 bi de alto forno em MG". Reuters. May 27, 2019.
  8. 8.0 8.1 8.2 "Parada de dois altos-fornos mostra Usiminas pessimista com retomada do consumo, dizem analistas". Valor Econômico. April 4, 2020.
  9. 9.0 9.1 "Usiminas retoma operações do alto-forno 1 em Ipatinga". Usiminas. August 26, 2020.
  10. "Principais Acionistas". Usiminas. Retrieved 2020-09-15.
  11. "North, Central and South America | Manufacturing Bases". Nippon Steel. Retrieved 2020-09-15.
  12. "USGS Minerals Yearbook: Brazil" (PDF). USGS. 2015.
  13. "Usiminas reativa alto forno em Minas Gerais para atender crescimento de demanda por aço". Reuters. April 17, 2018.
  14. "2020 AIST Basic Oxygen Furnace Roundup". AIST (Association for Iron & Steel Technology). Retrieved 2020-09-14.
  15. 15.0 15.1 "Usiminas pode ampliar em vez de construir". O Tempo: Economia. April 25, 2013.
  16. 16.0 16.1 "Usiminas fecha acordo com chineses para coqueria em Ipatinga-MG". CNMCUT. July 18, 2007.

External resources

External articles

This page uses material from the Wikipedia page Usiminas under the provisions of the Creative Commons Attribution-ShareAlike 3.0 Unported License.