The project includes the construction of a new mining furnace
Brazilian mining and steel company Gerdau and Danieli Corus, a subsidiary of the Italian steelmaking equipment producer, signed contracts to modernize blast furnace No. 01 in Ouro Branco, located in Minas Gerais. This is reported by Steel Orbis.
The project includes, among other things, the construction of a new furnace. As noted by Danieli, its new design is based on large blocks of carbon and is expected to provide a useful life of more than 15 years.
Blast furnace No. 01 in Ouro Branco has a pig iron production capacity of 3 million tons per year. It is unknown how long the drive will be idle during the update.
According to Danieli, in recent years, Gerdau and Daniel Corus have developed a stable relationship due to the successful implementation of consultancy services and modernization projects in both blast furnaces and converters. The parties are confident that the new modernization project will determine the success of the next campaign for the largest blast furnace at the Ouro Branco site.
As previously reported by Compraço, Gerdau signed an agreement to acquire Solar Arinos Holding to develop, build and operate a new solar energy park in Minas Gerais. The Arinos solar park is expected to have an installed capacity of approximately 420 MW and will include an energy substation. The total investment in its construction will be approximately US$280 million. When fully operational (the project is expected to be completed by the end of 2024), 30% of the renewable energy generated will be used to produce Gerdau steel in Brazil.
