Adelca invests in EAF furnace

Archiv – Steelmaker Adelca has completed a US$ 70 million investment to install a new electric steel mill with initial capacity of 250,000 tonnes per annum of liquid steel. According to the Ecuadorian company, the goal of the investment is to supply the domestic market and to substitute billets they have been importing.Ecuador | Steelmaker Adelca has completed a US$ 70 million investment to install a new electric steel mill with initial capacity of 250,000 tonnes per annum of liquid steel. According to the Ecuadorian company, the goal of the investment is to supply the domestic market and to substitute billets they have been importing.
According to the company’s marketing manager Álvaro Rosado, Adelca plans to evolve from a mere rolling company to begin producing its own billets; the new plant will help the company reduce imports significantly. He adds that ’In terms of our product portfolio, we hold a 35% share of the local market. After us comes Andec, then another rolling company Novacero, and from there other companies that import, like Unifer, which is a local subsidiary of Grupo Gerdau.’€™
In the meantime, Adelca has plans to expand capacity at its two rolling units. Its rebar and rod rolling trains have a capacity of 180,000 tonnes per annum, which will also be expanded to process the 250,000 tonnes per annum produced at the new steel mill. The company also signed a 10-year contract with US steel plant service group Harsco Multiserv for slag handling and processing, metallic recovery and management of its scrap metal station.