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Port Manatee Acquires 25.5-Acre Facility

As a result, the port is anticipating a jump in steel exports.

By Staff July 23, 2021

Port Manatee is anticipating a significant increase in exports of steel materials following the acquisition of a port-adjacent facility by a unit of Peru-based Aceros Arequipa.

Port Manatee is anticipating a significant increase in exports of steel materials following the acquisition of a port-adjacent facility by a unit of Peru-based Aceros Arequipa.

Port Manatee leadership says they are anticipating a big boost in exports of recycled steel materials following acquisition of a port-adjacent 25.5-acre facility by a new subsidiary of Peru-based steelmaker Aceros Arequipa. The shipments are to head from Port Manatee to Peru, where Aceros Arequipa is ramping up production at a new electric-arc furnace mill in Pisco. The new mill requires 1.3 million tons of raw steel per year—450,000 tons more than was required annually at the production facility it is succeeding. The facility acquired by the Aceros Arequipa unit from Lewiston, Maine-based Grimmel Industries is about 1.5 miles from Port Manatee’s deepwater berths.

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