TT Iron and Steel Point Lisas steel plant

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TT Iron and Steel Point Lisas steel plant (Planta siderúrgica Point Lisas), also known as ISCOTT steel plant, Iron and Steel Company of Trinidad and Tobago; Arcelormittal Point Lisas, is a direct reduced iron-electric arc furnace (DRI-EAF) idled steel plant in Point Lisas, Couva, Trinidad and Tobago.

Location

The map below shows the exact location of the plant in Point Lisas, Couva, Trinidad and Tobago:

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  • Location: Point Lisas Industrial Estate, Couva, Trinidad and Tobago, West Indies
  • Coordinates (WGS 84): 10.403605, -61.482939 (exact)

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).[1] 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).[1] A third Midrex module with a capacity of 1360 ttpa was added in 1999.[2]

In 2006, the Point LIsas plant became a wholly owned subsidiary of ArcelorMittal.[1] 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.[1] Production declined precipitously at the end of 2015, and in March 2016 the plant was shuttered, leading to the dismissal of 644 workers.[1][3]

Repeated attempts to sell off the plant's assets over the next six years were unsuccessful, and the plant remained mothballed as of February 2022.[3][4][5]

As of November 2022, press reports indicated that the plant was to be sold to TT Iron & Steel Company Ltd, pending government approval and the negotiation of new power purchase agreements.[6] In June 2023, TT Iron officially confirmed its impending purchase of the plant, stating that it planned to invest US $150 million to US $200 million in refurbishing the plant over the next two years.[7] Production was expected to resume under new ownership as early as December 2024, with TT Iron confirming that it eventually planned to convert the plant to run on green hydrogen.[8]

Plant Details

Table 1: General Plant Details

Plant status Start date Idled date Workforce size
Mothballed[9][10] 1980[11][12] 2016[9] 500[13][14]

Table 2: Ownership and Parent Company Information

Owner Owner company GEM ID
TT Iron Steel Company Ltd.[10] E100000131191

Table 3: Process and Products

Steel product category Steel products Steel sector end users Main production equipment Detailed production equipment
semi-finished; finished rolled[15] billets, wire rod[15] building and infrastructure[11] DRI, EAF[16] 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)[16][11][17]

Table 4: Crude Steel Production Capacities (thousand tonnes per annum)

*Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status* Electric arc furnace steelmaking capacity Nominal crude steel capacity (total)
mothballed 1000 TTPA[18][11][16][13][18][11][16][13] 1000 TTPA[18][11][16][13][18][11][16][13]

Table 5: Crude Iron Production Capacities (thousand tonnes per annum)

*Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status* Sponge iron/DRI capacity Nominal iron capacity (total)
mothballed 2200 TTPA[19][16][13][20][19][16][20][19][16][20] 2200 TTPA[19][16][13][20][19][16][20][19][16][20]

Table 6: Actual Crude Steel Production by Year (thousand tonnes per annum)

Year EAF Production Total (all routes)
2020 0 TTPA[11][9] 0 TTPA[11][9]
2021 0 TTPA[9][21] 0 TTPA[9][21]
2022 0 TTPA[13] 0 TTPA

Table 7: Actual Crude Iron Production by Year (thousand tonnes per annum)

Year DRI Production Total (all routes)
2020 0 TTPA[11][9] 0 TTPA[11][9]
2021 0 TTPA[9][21] 0 TTPA[9][21]
2022 0 TTPA[13] 0 TTPA

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 "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)
  2. ↑ "Midrex® Plants" (PDF). Midrex. May 2021.{{cite web}}: CS1 maint: url-status (link)
  3. ↑ 3.0 3.1 "Third attempt to sell ArcelorMittal assets". Trinidad Express. March 2, 2021.{{cite web}}: CS1 maint: url-status (link)
  4. ↑ "Request for Expressions of Interest". ArcelorMittal Point Lisas Limited (In Liquidation). October 2018.{{cite web}}: CS1 maint: url-status (link)
  5. ↑ "Clarity needed on steel plant". Trinidad and Tobago Newsday. September 25, 2019.{{cite web}}: CS1 maint: url-status (link)
  6. ↑ "Point Lisas Steel plant to be restarted, six years after closure". Trinidad & Tobago Guardian. November 9, 2022. Retrieved 2023-12-11.{{cite web}}: CS1 maint: url-status (link)
  7. ↑ "TT Iron Steel Company". TT Iron & Steel. Retrieved 2023-12-11.{{cite web}}: CS1 maint: url-status (link)
  8. ↑ "ArcelorMittal Finds Buyer for Idled Steel Mill". AIST. June 12, 2023.{{cite web}}: CS1 maint: url-status (link)
  9. ↑ 9.0 9.1 9.2 9.3 9.4 9.5 9.6 9.7 9.8 9.9 https://web.archive.org/web/20220319033325/https://trinidadexpress.com/business/local/third-attempt-to-sell-arcelormittal-assets/article_73b92772-7bad-11eb-a254-e3ebfda7d7ba.html. Archived from the original on 19 March 2022. {{cite web}}: Missing or empty |title= (help)
  10. ↑ 10.0 10.1 https://web.archive.org/web/20240125061232/https://ttiron.com/. Archived from the original on 25 January 2024. {{cite web}}: Missing or empty |title= (help)
  11. ↑ 11.00 11.01 11.02 11.03 11.04 11.05 11.06 11.07 11.08 11.09 11.10 (PDF) https://web.archive.org/web/20220320122951/https://www.central-bank.org.tt/sites/default/files/page-file-uploads/impact-of-the-closure-of-arcelorMittal-abobb-lsonnylall-kthompson-rmahabir-jan-2020.pdf. Archived from the original (PDF) on 20 March 2022. {{cite web}}: Missing or empty |title= (help)
  12. ↑ https://web.archive.org/web/20220318220335/https://newsday.co.tt/2019/09/25/clarity-needed-on-steel-plant/. Archived from the original on 18 March 2022. {{cite web}}: Missing or empty |title= (help)
  13. ↑ 13.0 13.1 13.2 13.3 13.4 13.5 13.6 13.7 13.8 (PDF) https://web.archive.org/web/20230608131748/https://img1.wsimg.com/blobby/go/bc4a40d5-1a76-4654-84f2-2ccc756eabf0/TTIS%20Acquisition%20Press%20Release%20Website%20Version.pdf. Archived from the original (PDF) on 08 June 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  14. ↑ https://web.archive.org/web/20240119072743/https://www.steelorbis.com/steel-news/latest-news/tt-iron-steel-company-acquiresarcelormittalspoint-lisas-iron-and-steel-mill-1293566.htm. Archived from the original on 19 January 2024. {{cite web}}: Missing or empty |title= (help)
  15. ↑ 15.0 15.1 https://web.archive.org/web/20220922012405/https://www.sec.gov/Archives/edgar/data/1243429/000119312511204773/dex991.htm. Archived from the original on 22 September 2022. {{cite web}}: Missing or empty |title= (help)
  16. ↑ 16.00 16.01 16.02 16.03 16.04 16.05 16.06 16.07 16.08 16.09 16.10 16.11 https://energynow.tt/blog/request-for-expressions-of-interest-sale-of-steel-plant. {{cite web}}: Missing or empty |title= (help)
  17. ↑ AIST DRI & HBI Roundup2022 AIST Electric Arc Furnace Roundup http://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet2021-1.pdf2022 AIST DRI & HBI Roundup2022 AIST Electric Arc Furnace Roundup. {{cite web}}: Check |url= value (help); Missing or empty |title= (help)
  18. ↑ 18.0 18.1 18.2 18.3 https://web.archive.org/web/20220922034435/https://books.google.com/books?id=IrZFBAAAQBAJ&pg=RA4-PA77&lpg=RA4-PA77&dq=arcelormittal+point+lisas+%22crude+steel%22&source=bl&ots=MefLGVy7U1&sig=ACfU3U0Zvpgw_7rwsKNRpBvsCFao2ssF9g&hl=en&sa=X&ved=2ahUKEwiSodr0kYr1AhW8jYkEHV3RBEMQ6AF6BAgIEAM. Archived from the original on 22 September 2022. {{cite web}}: Missing or empty |title= (help)
  19. ↑ 19.0 19.1 19.2 19.3 19.4 19.5 (PDF) https://web.archive.org/web/20231103031625/https://www.midrex.com/wp-content/uploads/MidrexSTATSBook2022.pdf. Archived from the original (PDF) on 03 November 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  20. ↑ 20.0 20.1 20.2 20.3 20.4 20.5 "2022 AIST DRI and HBI Roundup". Association for Iron & Steel Technology. January 2022. {{cite magazine}}: Cite magazine requires |magazine= (help)
  21. ↑ 21.0 21.1 21.2 21.3 (PDF) https://web.archive.org/web/20221008040524/https://www.midrex.com/wp-content/uploads/MidrexSTATSBook2021.pdf. Archived from the original (PDF) on 08 October 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)

Resources

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