Ternium Steel Invests R$ 100 Million in Scrap Yard Decarbonization Project

Written by Roberta Souza

Published on 04/06/2022 at 09:14

Foto de David Mark / Fonte: Pixabay

Be the first to react!

Investment In Decarbonization By Steelmaker Aims To Increase The Use Of Recycled Material In The Production Of Steel By Ternium

The company Ternium has made progress on its investment project to increase the use of scrap metal at its industrial yard in Rio de Janeiro, focusing on its decarbonization plan. Starting next week, the largest steelmaker in Latin America will receive one of the three scrap boxes that will be used to expand the use of recycled material in steel production, which is the reason for the investment.

The recycled material that the steelmaker Ternium will use is produced by Emalto, a mechanical industry based in the city of Ipatinga (MG). This action intensifies Ternium’s relationship with the Steel Valley in Minas Gerais. The entry of the new equipment acquired with the company’s investment is the first phase of the project aimed at increasing and modernizing the existing scrap yard at the steel mill in Santa Cruz.

The completion of the project is scheduled for September 2023, with investments of R$ 100 million. The investment made in the proposal focuses on the steelmaker’s decarbonization plan and assumes an increase of about 80% in the use of scrap in Ternium’s steel production in Brazil.

ARTICLE CONTINUES BELOW

Get To Know Ternium

Ternium is the largest steelmaker in Latin America and has been operating the largest industrial hub in Rio de Janeiro since 2017, located in Santa Cruz. With an annual production capacity of 5 million tons of steel billets, the state-of-the-art unit serves industries in the United States, Mexico, Brazil, and Europe.

The company has around 8,000 employees, over 60% of whom live in the Western Zone of Rio de Janeiro. Ternium has invested more than R$ 10 million per year in the socioeconomic development of Santa Cruz and the surrounding area through social programs focused on education, directly benefiting more than 9,000 people.

The company was formed in 2005 as a result of the merger of several companies in the same sector acquired by Techint. Its history began in 1969 when the group started the cold rolling process in Argentina and launched Propulsora Siderúrgica, which later merged with the newly acquired State Steel Company Somisa, creating Siderar.

In 1998, the Venezuelan company Sidor was privatized by the Amazon Consortium, formed by the Techint group, Hylsamex, and Usiminas. After six years, Matesi and Tenaris partnered to acquire a briquette factory. Thus, only in 2005 did the group acquire Hylsamex and, together with Siderar and Sidor, create a single steelmaker: Ternium.

Today, in addition to owning plants that encompass the entire steel production chain, the company serves customers from various sectors, including automotive, construction, metallurgy, packaging, energy, and transportation.

With a management model and specialization established in strategically positioned production units, Ternium and its subsidiaries have seventeen production centers in six countries, including Argentina, Colombia, the United States, Guatemala, Mexico, and Brazil, and are the majority shareholder of Usiminas, controlling the position of president of the steel company.

Ternium Steel Invests R$ 100 Million in Scrap Yard Decarbonization Project

Investment In Decarbonization By Steelmaker Aims To Increase The Use Of Recycled Material In The Production Of Steel By Ternium

Get To Know Ternium

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

End of bricklayers laying brick by brick: robot places more than 2,000 bricks per day, automatically applies cement, works with only one human operator next to the machine, and transforms traditional masonry into a high-speed semi-automated operation.

Nissan sells “Kicks popular” cheaper than Kwid, Mobi, and C3 in Brazil; for about R$ 30,000 in conversion without taxes, Magnite looks like a compact SUV, with 16-inch wheels, 6 airbags starting from the Visia version, and represents an affordable Nissan that disappeared from Brazilian stores.

During the construction of a cargo terminal in the Northeast, workers stumbled upon the bones of a long-necked dinosaur about 20 meters long that lived 120 million years ago.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

Ternium Steel Invests R$ 100 Million in Scrap Yard Decarbonization Project

Investment In Decarbonization By Steelmaker Aims To Increase The Use Of Recycled Material In The Production Of Steel By Ternium

Get To Know Ternium

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

End of bricklayers laying brick by brick: robot places more than 2,000 bricks per day, automatically applies cement, works with only one human operator next to the machine, and transforms traditional masonry into a high-speed semi-automated operation.

Couple transforms a farm in the countryside of Minas into a rural retreat with a lake, expanded kitchen, and rooms to accommodate visitors, revealing an impressive change in before-and-after images and now awaits the highway access approval to finally open its doors to the public.

China sends to Australia its largest tunnel boring machine ever exported, a 15.7-meter giant that ‘bends at the waist’ to overcome underground curves and open a 6.5 km six-lane road tunnel under Sydney’s harbor by 2028.

With a length of 1.2 km over the Babitonga Bay and a feasibility study of R$ 4.3 million already underway, the Vigorelli Bridge, which would connect Joinville to São Francisco do Sul, will be presented to international investors between June 9 and 14 in New York and Washington.

Twelve container studios are ready for rent in just 90 days, with a furnished bedroom, kitchen, and bathroom in units costing R$ 38,900, while an investor bets on compact housing to generate rental income.

NASA detailed the plan to build a permanent city near the south pole of the Moon, with the first steps already in 2028 and the goal of having astronauts living on the satellite continuously in the next decade.

Nissan sells “Kicks popular” cheaper than Kwid, Mobi, and C3 in Brazil; for about R$ 30,000 in conversion without taxes, Magnite looks like a compact SUV, with 16-inch wheels, 6 airbags starting from the Visia version, and represents an affordable Nissan that disappeared from Brazilian stores.

During the construction of a cargo terminal in the Northeast, workers stumbled upon the bones of a long-necked dinosaur about 20 meters long that lived 120 million years ago.

China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.