Usiminas investirá 200 milhões em alto-forno e criará 330 empregos

Usiminas Will Invest 200 Million in Blast Furnace and Create 330 Jobs

Written by Renato Oliveira

Published on 20/09/2019 at 12:54

Usiminas criará 330 empregos

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Reform Works on Blast Furnace 2 at Usiminas Steel Mill in Ipatinga, Minas Gerais, Will Create 330 Direct Jobs

Usiminas, a steel mill located in the Municipality of Ipatinga, in the state of Minas Gerais, announced that it will invest R$ 219 million this year and in 2020 in maintenance works for Blast Furnace 2 and operational improvements of the unit. Expansion in Porto Will Generate 300 Jobs, See Here!
According to the owner of the mill, the government of the state of Minas Gerais, the investments will be for purchasing equipment, civil works for pipe and hood system renovations, and improvements in the dust removal system.

The meeting between the government and the management of the steel mill, which marked the signing of the letter of intent, took place on Wednesday (09/18) and it was also announced that the renovation works of Blast Furnace 2 will create 330 direct jobs and increase the mill’s lifespan by 20 years.

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Investments

Immediately after this renovation of Blast Furnace 2, Usiminas’ management will start preparing for the major shutdown that will occur starting in 2021.

Thiago Toscano, president of Indi, the investment promotion agency of the state of Minas Gerais, spoke about the importance of increasing the mill’s capacity, “With this, Usiminas will be able to increase its production capacity already in 2020. The government agreed to defer the ICMS (Tax on Circulation of Goods and Services) for imported parts without national similar. This was another step towards the major investment of the steel mill in the coming years, which is the renovation of Blast Furnace 3.”

Blast Furnace 1 consumed R$ 80 million last year in renovation works, but the mill did not halt production; together, Blast Furnaces 1 and 2 produce 4 thousand tons of pig iron daily.

Blast Furnace 3, which will shut down for maintenance in 2021, produces 7 thousand tons of pig iron daily on its own, almost double the other two units.
Blast Furnace 3 has also been operating for 20 years, and the intention is to extend its lifespan by another 20 years. The total investment in renovations is projected to be R$ 1.234 billion, confirming Usiminas’ confidence in the market recovery in the coming years.

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Usiminas Will Invest 200 Million in Blast Furnace and Create 330 Jobs

Reform Works on Blast Furnace 2 at Usiminas Steel Mill in Ipatinga, Minas Gerais, Will Create 330 Direct Jobs

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Usiminas Will Invest 200 Million in Blast Furnace and Create 330 Jobs

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