TT Iron and Steel Point Lisas steel plant
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TT Iron and Steel Point Lisas steel plant (Planta siderúrgica Point Lisas), also known as ISCOTT steel plant, Iron and Steel Company of Trinidad and Tobago, Arcelormittal Point Lisas, is a steel plant in Point Lisas, Couva, Trinidad and Tobago that operates direct reduced iron (DRI) and electric arc furnace (EAF) technology.
Location
The map below shows the exact location of the plant in Point Lisas, Couva, Trinidad and Tobago:
- Location: Point Lisas Industrial Estate, Couva, Trinidad and Tobago, West Indies
- Coordinates (WGS 84): 10.403605, -61.482939 (exact)
Background
At the time of its commissioning in 1980, the Point Lisas steel plant was known as ISCOTT (the Iron and Steel Company of Trinidad and Tobago).[1] The original facility included two Midrex Direct Reduction Iron (DRI) modules with a combined capacity of 840 ttpa (thousand tonnes per annum) and a melt shop with two 90-tonne Demag electric arc furnaces (EAF).[1] A third Midrex module with a capacity of 1360 ttpa was added in 1999.[2]
In 2006, the Point LIsas plant became a wholly owned subsidiary of ArcelorMittal.[1] Over the next decade the plant faced a series of challenges, including worker unrest, competition from Turkey and China, and mounting debt due to increased costs and a slowdown in the global steel industry.[1] Production declined precipitously at the end of 2015, and in March 2016 the plant was shuttered, leading to the dismissal of 644 workers.[1][3]
Repeated attempts to sell off the plant's assets over the next six years were unsuccessful, and the plant remained mothballed as of February 2022.[3][4][5]
As of November 2022, press reports indicated that the plant was to be sold to TT Iron & Steel Company Ltd, pending government approval and the negotiation of new power purchase agreements.[6] In June 2023, TT Iron officially confirmed its impending purchase of the plant, stating that it planned to invest US $150 million to US $200 million in refurbishing the plant over the next two years.[7] Production was expected to resume under new ownership as early as December 2024, with TT Iron confirming that it eventually planned to convert the plant to run on green hydrogen.[8]
Plant Details
Table 1: General Plant Details
| Start date | Idled date | Workforce size |
|---|---|---|
| 1980[9][10] | 2016[11] | 500[12][13] |
Table 2: Ownership and Parent Company Information
| Parent company | Parent company PermID | Parent company GEM ID | Owner | Owner company PermID | Owner company GEM ID |
|---|---|---|---|---|---|
| TT Iron Steel Company Ltd [100.0%] | unknown [100.0%] | E100000131191 [100.0%] | TT Iron Steel Company Ltd [100%][14] | unknown | E100000131191 [100%] |
Table 3: Process and Products
| Steel product category | Steel products | Steel sector end users | Main production equipment |
|---|---|---|---|
| semi-finished, finished rolled[15] | billet, wire rod[15] | building and infrastructure[9] | DRI; EAF |
Table 4: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Electric arc furnace steelmaking capacity | Nominal crude steel capacity (total) |
|---|---|---|
| mothballed | 1000[12][16][17][9] | 1000[12][16][17][9] |
Table 5: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Sponge iron/DRI capacity | Nominal iron capacity (total) |
|---|---|---|
| mothballed | 2200[18][12][16][19] | 2200[20][12][16][19] |
Table 6: Upstream Products Production Capacities (thousand tonnes per annum)
| Sinter | Pellets |
|---|---|
| NF | NF |
Unit Details
Table 7: Direct Reduced Iron Furnace Details
| Unit name | Status | Current capacity (ttpa) |
|---|---|---|
| DRI 1 | mothballed[14][11] | 420[19][21] |
| DRI 2 | mothballed[14][11] | 420[19][21] |
| DRI 3 | mothballed[14][11] | 1360[19][16][22] |
Table 8: Electric Arc Furnace Details
| Unit name | Status | Furnace manufacturer and model | Current capacity (ttpa) | Current size (tonnes) |
|---|---|---|---|---|
| unknown EAF (1) | mothballed[14][11] | Demag | 500[16][12][17][9] | 90.0[23][9][24][21] |
| unknown EAF (2) | mothballed[14][11] | – | 500[16][12][17][9] | 90.0[25][9][24][21] |
Table 9: Electric Arc Furnace Feedstock Details
| Unit name | Scrap-based | % scrap | % DRI |
|---|---|---|---|
| unknown EAF (1) | yes[12][26] | >0[12][26] | >0[12][26] |
| unknown EAF (2) | yes[12][26] | >0[12][26] | >0[12][26] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 "Impact of the Closure of a Large Foreign Direct Investment: The Case of ArcelorMittal in Trinidad and Tobago" (PDF). Central Bank of Trinidad and Tobago. January 2020.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Midrex® Plants" (PDF). Midrex. May 2021.
{{cite web}}: CS1 maint: url-status (link) - ↑ 3.0 3.1 "Third attempt to sell ArcelorMittal assets". Trinidad Express. March 2, 2021.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Request for Expressions of Interest". ArcelorMittal Point Lisas Limited (In Liquidation). October 2018.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Clarity needed on steel plant". Trinidad and Tobago Newsday. September 25, 2019.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Point Lisas Steel plant to be restarted, six years after closure". Trinidad & Tobago Guardian. November 9, 2022. Retrieved 2023-12-11.
{{cite web}}: CS1 maint: url-status (link) - ↑ "TT Iron Steel Company". TT Iron & Steel. Retrieved 2023-12-11.
{{cite web}}: CS1 maint: url-status (link) - ↑ "ArcelorMittal Finds Buyer for Idled Steel Mill". AIST. June 12, 2023.
{{cite web}}: CS1 maint: url-status (link) - ↑ 9.0 9.1 9.2 9.3 9.4 9.5 9.6 9.7 (PDF) https://web.archive.org/web/20220320122951/https://www.central-bank.org.tt/sites/default/files/page-file-uploads/impact-of-the-closure-of-arcelorMittal-abobb-lsonnylall-kthompson-rmahabir-jan-2020.pdf. Archived from the original (PDF) on 2022-03-20.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220318220335/https://newsday.co.tt/2019/09/25/clarity-needed-on-steel-plant/. Archived from the original on 2022-03-18.
{{cite web}}: Missing or empty|title=(help) - ↑ 11.0 11.1 11.2 11.3 11.4 11.5 https://web.archive.org/web/20220319033325/https://trinidadexpress.com/business/local/third-attempt-to-sell-arcelormittal-assets/article_73b92772-7bad-11eb-a254-e3ebfda7d7ba.html. Archived from the original on 2022-03-19.
{{cite web}}: Missing or empty|title=(help) - ↑ 12.00 12.01 12.02 12.03 12.04 12.05 12.06 12.07 12.08 12.09 12.10 12.11 12.12 (PDF) https://web.archive.org/web/20230608131748/https://img1.wsimg.com/blobby/go/bc4a40d5-1a76-4654-84f2-2ccc756eabf0/TTIS%20Acquisition%20Press%20Release%20Website%20Version.pdf. Archived from the original (PDF) on 2023-06-08.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240119072743/https://www.steelorbis.com/steel-news/latest-news/tt-iron-steel-company-acquiresarcelormittalspoint-lisas-iron-and-steel-mill-1293566.htm. Archived from the original on 2024-01-19.
{{cite web}}: Missing or empty|title=(help) - ↑ 14.0 14.1 14.2 14.3 14.4 14.5 https://web.archive.org/web/20240125061232/https://ttiron.com/. Archived from the original on 2024-01-25.
{{cite web}}: Missing or empty|title=(help) - ↑ 15.0 15.1 https://web.archive.org/web/20220922012405/https://www.sec.gov/Archives/edgar/data/1243429/000119312511204773/dex991.htm. Archived from the original on 2022-09-22.
{{cite web}}: Missing or empty|title=(help) - ↑ 16.0 16.1 16.2 16.3 16.4 16.5 16.6 https://energynow.tt/blog/request-for-expressions-of-interest-sale-of-steel-plant.
{{cite web}}: Missing or empty|title=(help) - ↑ 17.0 17.1 17.2 17.3 https://web.archive.org/web/20220922034435/https://books.google.com/books?id=IrZFBAAAQBAJ&pg=RA4-PA77&lpg=RA4-PA77&dq=arcelormittal+point+lisas+%22crude+steel%22&source=bl&ots=MefLGVy7U1&sig=ACfU3U0Zvpgw_7rwsKNRpBvsCFao2ssF9g&hl=en&sa=X&ved=2ahUKEwiSodr0kYr1AhW8jYkEHV3RBEMQ6AF6BAgIEAM. Archived from the original on 2022-09-22.
{{cite web}}: Missing or empty|title=(help) - ↑ AIST_DRI_2022
- ↑ 19.0 19.1 19.2 19.3 19.4 "2022 World Direct Reduction Statistics" (PDF). Midrex. 2023-09-12. Archived from the original (PDF) on 2023-11-03.
- ↑ AIST_DRI_2022
- ↑ 21.0 21.1 21.2 21.3 https://energynow.tt/blog/request-for-expressions-of-interest-sale-of-steel-plant;AIST_DRI_2022.
{{cite web}}: Missing or empty|title=(help) - ↑ https://img1.wsimg.com/blobby/go/bc4a40d5-1a76-4654-84f2-2ccc756eabf0/TTIS%20Acquisition%20Press%20Release%20Website%20Version.pdf;AIST_DRI_2022.
{{cite web}}: Missing or empty|title=(help) - ↑ AIST_EAF_2022
- ↑ 24.0 24.1 (PDF) https://web.archive.org/web/20220318083849/http://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet2021-1.pdf. Archived from the original (PDF) on 2022-03-18.
{{cite web}}: Missing or empty|title=(help) - ↑ AIST_EAF_2022
- ↑ 26.0 26.1 26.2 26.3 26.4 26.5 https://www.guardian.co.tt/business/point-lisas-steel-plant-to-be-restarted-six-years-after-closure-6.2.1568133.650ce5c301.
{{cite web}}: Missing or empty|title=(help)
