September 08, 2008

ThyssenKrupp setting up a new BF at Duisburg

Eux.Tv recently reported that ThyssenKrupp is setting up a new blast furnace in Ruhr city of Duisburg in Germany and hundreds of workers can now be seen clambering over the scaffolding around the 89 metre chimney. As per report, Furnace 8, the first such project to be initiated by ThyssenKrupp in 15 years and the only construction site of its kind in Europe, is to be completed before the end of 2007.

Once operational, the furnace will blast air heated to 1,210 degrees Celsius through 11,000 tons of iron ore and coke fed daily. It would have a capacity of 5,600 tonnes of hot metal per day.

Mr Hans Juergen Schulokat of ThyssenKrupp said that "This is an investment of EUR 250 million.”

ThyssenKrupp is riding the steel boom driven by China and has embarked on a EUR 6 billion investment program, with new sites in Brazil and Alabama and expansion at its Duisburg home. BF 9 is also being refurbished at a cost of EUR 90 million.