Mittal Steel USA Works to Restore Furnace at Sparrows Point
July 14 2006 - 12:17PM
PR Newswire (US)
CHICAGO, July 14 /PRNewswire-FirstCall/ -- Efforts to restore
ironmaking capability at the L Blast Furnace at Mittal Steel USA's
Sparrows Point, Md. facility are progressing toward an expected
return to full operations before the end of July. The furnace,
which is the second-largest in North America, has faced severe
production issues since losing power for several hours when
lightning struck an electrical substation during a storm on June
23. "We have had a recovery team working around the clock to
minimize the outage, and we are now confident that we will be back
to essentially full operation by July 21," said Bill Brake,
executive vice president, operations, Mittal Steel USA. "Returning
such a large furnace to full capability after an extended power
failure is a highly complex, demanding process," he said. "We are
working closely with customers to make sure that we respond to
their needs as we begin filling orders again and that we compensate
as much as possible for the production shortfalls related to this
incident." The June 23 electrical failure resulted in an emergency
shutdown of the furnace, which in turn caused the furnace to cool
and created problems with the distribution of materials within the
furnace. On June 24, this resulted in a breakout of hot metal from
one of the tuyeres (hot blast nozzles), which required extensive
cleanup and careful recommissioning of the furnace. No one was
injured as a result of the incident. L Blast Furnace is capable of
producing about 270,000 tons of iron monthly and is expected to
lose approximately 250,000 tons of ironmaking as a result of the
incident. The company expects the financial damage and losses
associated with the disruption to be covered by insurance.
Downstream operations at the plant also were affected by the lack
of primary production during this outage. As a result, about 150 of
the plant's 3,000 employees have rescheduled vacations or taken
voluntary layoffs for the brief period these operations are
expected to be idled. About Mittal Steel USA Mittal Steel USA, with
its affiliates, is the largest steel producer in North America and
the largest integrated steel producer in the United States. It
serves a broad U.S. manufacturing base. The company was formed in
April 2005 and consists of the former Ispat Inland Inc. and the
former International Steel Group. It has operations in 12 states of
the United States. About Mittal Steel Mittal Steel Company
(NYSE:MT)(AEX:MT) is the world's largest and most global steel
company. The company has operations in 16 countries, on four
continents. Mittal Steel encompasses all aspects of modern
steelmaking, to produce a comprehensive portfolio of both flat and
long steel products to meet a wide range of customer needs. It
serves all the major steel consuming sectors, including automotive,
appliance, machinery and construction. For 2005, Mittal Steel had
revenues of US $28.1 billion and steel shipments of 49.2 million
tons. The company trades on the New York Stock Exchange and the
Euronext Amsterdam under the ticker symbol "MT." DATASOURCE: Mittal
Steel USA CONTACT: David C. Allen of Mittal Steel USA,
+1-312-899-3692
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