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Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 4)

35.173 Posts, Pagina: « 1 2 3 4 5 6 ... 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 ... 1755 1756 1757 1758 1759 » | Laatste

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voda 1 oktober 2019 16:20

NLMK Metiz Selects Danieli Bell Annealing Furnaces

NLMK Metiz selected Danieli Centro Combustion to supply a new bell annealing furnace installation for the Berezovki facility. This new system will heat-treat (recrystallize) steel wire coils in 100% N2 atmosphere. The charges will be 21-t coils in seven stacks of three coils each. The project consists of two phases: In Phase 1, DCC will supply two bases, one heating hood, two inner covers, and one cooling hood. Phase 2 will match the first part of the project. The furnaces will have a direct coupled base fan; special design diffuser and plenum; hydraulic locking system; and silicon-carbide head burners, each one with its own recuperator.

DCC will supply all mechanical, electrical and automation equipment, and provide technical assistance during erection and commissioning.

Source : Strategic Research Institute

voda 1 oktober 2019 16:21

Congressman Urge Trump to Exempt Israeli Steel & Aluminum from Tariffs

Cleveland Jewish News reported that two congressmen on the House tax writing committee, a Republican and a Democrat, want the Trump administration to exempt Israel from steel and aluminum tariffs. Reps. Brad Schneider, D-Ill and David Schweikert, R-Ariz., asked Robert Lighthizer, the US trade representative, in a letter to add Israel to a list of allies exempted from the tariffs, among them South Korea, Australia, Argentina, Brazil, Canada and Mexico. The letter noted that Israel’s exports represented a tiny fraction of US imports of steel and aluminum 0.0005% and 0.12%, respectively.

The congressmen, who are members of the House Ways and Means Committee said that “While these numbers may seem small, the fact remains that the US is a major trading partner for Israel and any disruption in the economic relationship will have a far-reaching impact. We do not believe imports of steel and aluminum from Israel are a threat to US national security and are asking you to explain why Israel has not been granted an exemption.”

Source : Cleveland Jewish News

voda 1 oktober 2019 16:21

South Korea Starts AD Review of HR Steel Products Imported from Japan

South Korea Trade Commission recently approved a review of anti dumping duties on imports of stainless steel products from Japan. The review was initiated by the complainant. DKC claimed that if anti-dumping duties were lifted, stainless steel imports from Japan could resume dumping and cause substantial damage to South Korea's domestic industry. The margin of dumping proposed by the complainant was 58.33%. The second review took place in the first review of the original investigation from April 2011 to 20 April 2016. The review is valid from 6 December 2016 to 5 December 2019.

The product categories reviewed in this review are 7219.21.1010, 7219.21.1090, 7219.21.9000, 7212.12.1010, 7219.22.1090, 7212.129.000 hot rolled stainless steel strip with a thickness of 8 mm and a width of 1000-3270mm.

Source : Strategic Research Institute

voda 1 oktober 2019 16:22

Severstal Launches Platform To Promote Open Innovation

PAO Severstal has launched its own “Open Innovations” platform designed to complement the Company’s open innovations initiatives and tools. The site hosts Severstal’s initiatives for cooperating with startups, innovative teams and industry experts, as well as indicating priority areas for cooperation and specific tasks that need to be tackled today. The Severstal Open Innovations platform includes a section dedicated to the Company’s challenges in its production units open to assistance. For example, the Company is presently interested in technology for separating metal dust from sand and a method of indicating designated pedestrian zones that is resistant to abrasion. Innovative companies will be able to offer their ideas for solving these and other issues, and will have the opportunity to test existing technologies at Severstal's industrial sites. The Startup Tasks listed in the platform’s Challenges section can also serve as topics for research work. The list of tasks will be updated regularly and innovative teams will be able to work directly with Company experts and specialists.

The Open Innovations website also encourages applications for funding from the Severstal Ventures corporate fund, promotes the capabilities of the Severstal Technopark and provides information on the start of the next wave of applications to the SteelTech Accelerator as well as the requirements for online collaboration projects with Severstal’s digital business unit.

Mr Agnes Ritter, Chief Technical Director and Head of the Transformation department at Severstal, commented that “Severstal is increasingly attracting more ideas and suggestions on the topic of innovation. We opened our Technopark a year ago; our SteelTech Accelerator project was launched this Spring and Severstal Ventures has completed a number of exciting transactions over the past twelve months. We are now adding to these tools, with the addition of the Challenges page and Severstal Digital Business. All of these aspects of our business are now conveniently collated on one website, enabling visitors to learn about the wide range of possibilities we offer. We hope that the platform will attract startups and industry experts, and that together we can make metallurgy a more advanced and technologically developed industry.”

Source : Strategic Research Institute

voda 1 oktober 2019 16:36

Mexico starts AD Review Probe on Steel Sheet Import from China

Ministry of economy issued a notice in the official Gazette, in response to the Mexican enterprise Altos Hornos de Mexico, S.A.B. De C.V. It was decided to initiate the first anti-dumping sunset review investigation into steel sheets originating in China. The TIGIE tax numbers of the products involved are 7208.51.01, 7208.51.02, 7208.51.03, 7208.52.01, 7225.40.01 and 7225.40.02. The period of dumping investigation in this case is from July 1, 2018 to June 30, 2019, and the period of damage investigation is from July 1, 2014 to June 30, 2019. During the period of investigation, 33.98% of the anti-dumping duties applicable to Chinese products involved in the case remained in force. The resolution shall enter into force the day after its promulgation.

On October 14, 2014, Mexico issued a notice in the official Gazette to make a final anti-dumping ruling on steel sheets originating in China and decided to impose an anti-dumping duty of 33.98% on the products involved.

Source : Strategic Research Institute

voda 1 oktober 2019 16:38

Swiss Army Knife Get its Edge from Victorinox steel

When Swiss knife maker Karl Elsener opened his workshop in Ibach in 1884, he could not have imagined the global success that was to follow. The multifaceted tool he created would become a Swiss icon, taken into space by Nasa’s astronauts, and even exhibited at New York’s Museum of Modern Art. This unique tool was the Swiss Army Knife, a foldable steel utility instrument that gained renown as a precision cutting tool for Switzerland’s soldiers. The main blade, alongside other tools such as screwdrivers and can openers, is compactly stowed inside the handle and unfolds through a pivot point mechanism.

Elsener’s company – named Victorinox, in memory of his mother, Victoria, and after the French term for stainless steel, acier inoxydable – became the first manufacturer of the Swiss Army Knife. And the power of steel has always remained at its heart, with Victorinox’s standard steel said to be an exclusive blend from Germany and France.

Elsener delivered the first major supply of knives to the Swiss army in 1891, after founding the Association of Swiss Master Cutlers. Originally intended to help soldiers disassemble rifles, and open canned food, the knives’ increasing production was subsequently split between Victorinox and its Swiss rival, Wenger.

In 2017, Victorinox, now the sole supplier to the Swiss military, hit a production milestone of 500 million ‘Original Swiss Army’ knives. The company continues to be based in the village of Ibach, in the affectionately titled ‘Swiss Knife Valley’, now a major tourist attraction.

The story of Victorinox’s Swiss Army Knife is one of constant adaptation and refinement, reflecting the evolution of manufacturing and consumer needs.

The martensitic stainless steel alloy used for the cutting blades is optimised for toughness and corrosion resistance and has a composition of 15% chromium, 0.60% silicon, 0.52% carbon, 0.50% molybdenum, and 0.45% manganese, according to Victorinox.

Source : Strategic Research Institute

Bijlage:

voda 1 oktober 2019 16:45

Mexico Initiates AD Review on Galvanized Steel Wire Mesh Imports from China

Mexican Ministry of economy issued a notice in the official Gazette in response to the Mexican enterprise Deacero, SAPI De C.V. Decided to initiate the first anti-dumping sunset review investigation of carbon steel galvanized wire mesh originating in China. The TIGIE tax numbers of the products involved are 7314.19.02, 7314.19.03 and 7314.31.01. The period of dumping investigation in this case is from July 1, 2018 to June 30, 2019, and the period of damage investigation is from July 1, 2014 to June 30, 2019. During the period of investigation, the USD 2.08 / kg anti-dumping duty applicable to the Chinese products involved in the case remained in force. The resolution shall enter into force the day after its promulgation.

On October 9, 2014, Mexico announced in the official Gazette that it had made a final anti-dumping ruling on carbon steel galvanized wire mesh originating in China and decided to impose an anti-dumping duty of USD 2.08 / kg on the products involved.

Source : Strategic Research Institute

voda 1 oktober 2019 16:45

AISI Update on Raw Steel Production in US in Week 39

In the week ending on September 28, 2019, domestic raw steel production was 1,825,000 net tons while the capability utilization rate was 78.4 percent. Production was 1,866,000 net tons in the week ending September 28, 2018 while the capability utilization then was 79.6 percent. The current week production represents a 2.2 percent decrease from the same period in the previous year. Production for the week ending September 28, 2019 is up 0.9 percent from the previous week ending September 21, 2019 when production was 1,809,000 net tons and the rate of capability utilization was 77.7 percent.

Adjusted year-to-date production through September 28, 2019 was 72,593,000 net tons, at a capability utilization rate of 80.6 percent. That is up 3.4 percent from the 70,187,000 net tons during the same period last year, when the capability utilization rate was 77.5 percent.

Broken down by districts, here's production for the week ending September 28, 2019 in thousands of net tons: North East: 205; Great Lakes: 666; Midwest: 201; Southern: 683 and Western: 70 for a total of 1825.

Source : Strategic Research Institute

voda 1 oktober 2019 16:46

Gerdau Agrees USD 800 Million Loan

Reuters reported that Brazilian steelmaker Gerdau SA has agreed an international loan of up to USD 800 million. According to a securities filing, the five year facility will be managed by Bank of New York Mellon and will include up to eight creditor banks.

Source : Reuters

voda 1 oktober 2019 16:47

Nigeria Empowers Local Steel Producers for Global Competitiveness

This Day Live reported that Standards Organization of Nigeria has empowered local steel producers to enable them play effectively in the global market. This followed Nigeria’s recent signing of the African Continental Free Trade Agreement. The Director General SON Mr Osita Aboloma in a meeting with steel producers said that the meeting was basically to prepare operators of the organized steel sector on the need to adhere to quality, so that their goods would be acceptable within Nigeria and at the global market. He said that “If you adhere to standards in Nigeria, your goods will be accepted anywhere in the world because of the AfCFTA Nigeria has signed. Almost all the African countries that have subscribed to the agreement will use the harmonised standards to achieve seamless trade activities and for breaking technical barriers to trade.”

According to him, the steel sector is one of the most formidable sectors in Nigeria where the nation has the competitive and comparative advantage to earn lots of foreign reserve, while also creating wealth and job opportunities.

Source : This Day Live

voda 1 oktober 2019 16:48

Steel Minster Mr Pradhan Visits SAIL RSP

India’s Minister of Petroleum & Natural Gas and Minister of Steel Mr Dharmendra Pradhan visited Steel Authority of India Limited’s Rourkela Steel Plant on 29th September, 2019. In a daylong meeting he took a tour of steel plant, held a review meeting with officials and interacted with the customers. He called for fast tracking projects and greater contribution towards regional development. The Union Minister first went to the Model Room of HRD Centre. There he was appraised with the functioning of the entire Plant and was shown a safety film. Thereafter the Hon’ble Minister visited the projects site of the Hot Strip Mill-2 and took stock of the progress and future plans. New New Plate Mill was the next destination in his itinerary. He visited the unit, watched the rolling of plates and planted a sapling in the Pragati Udyan in front of the Mill. He also interacted with the employees on the shop floor.

While chairing a review meeting, the Hon’ble Minister said, “Rourkela is an intellectual hub of Odisha and has contributed in a big way for the development of the state as well as the nation.”

The Hon’ble Minister emphasized upon fast tracking the ongoing projects at the earliest and ramping up the production.He called for greater contribution of Rourkela Steel Plant towards development of the region. He also stressed on leveraging digitalization in the functioning of the plant. Mr. Gautam Banerjee, ED (Works) made a detailed presentation on the various aspects of functioning of RSP on the occasion.

Source : Strategic Research Institute

voda 1 oktober 2019 16:48

LKAB to Produces Fossil Free Pellet

It may not look like much yet, but a globally unique pilot plant is currently under construction on an industrial estate in Vitafors. The aim is to produce an entirely fossil-free fuel. The test plant is the next stage in the pilot phase of the HYBRIT initiative. Here, fossil fuels will be replaced by bio-oils to provide completely fossil-free production, initially at one of our pelletisation plants. This means that total fossil carbon dioxide emissions for the Malmberget plant will be reduced by as much as 40%, which is equivalent to approximately 60,000 tonnes per year during the test period. The vision is that this will ultimately lead to entirely fossil-free production. LKAB will be constructing the plant before handing it over to HYBRIT, which will be the owner. It is planned to complete construction in March next year and to be fully operational during May. Initial testing will be conducted until 2021.

Project manager Emil Olsson said that "What we are building is actually a completely new system for using bio-oil for blast furnaces, with storage, pumping and heating of the oil – the complete chain up to the furnace in the plant. This is not exactly a complicated construction; the principles are the same as the plants we operate today. The challenge lies in the different physical properties of bio-oils that we need to account for. The plant needs to be able to handle more aggressive and unwieldy oils."

Mr Roger Karlsson, R&D manager at LKAB said that "Bio-oil testing is a fantastic step towards the vision of a completely CO2-free LKAB. With this conversion we will be producing a fossil-free pellet during the trial period, something that we will probably be the first in the world to achieve. Only diesel and some of the heat production will remain fossil-based; however, we are also working to identify solutions to this."

Source : Strategic Research Institute

voda 1 oktober 2019 16:49

RINL inks MOU with RITES

RINL-VSP has inked a MOU for a period of 5 years with RITES for providing Project Management Consultancy of all Rail Infrastructure and allied Civil Works related to RINL-VSP. During the MOU period, RINL can entrust the works to RITES for any Rail Infrastructure work from concept to commissioning. The MOU was signed by Mr KK Ghosh, Director (Projects)/RINL and Mr VG Suresh Kumar, Director (Projects)/RITES.

RITES has undertaken all the 6.3 million tonne per annum Railway Infrastructure works in VSP.

Source : Strategic Research Institute

voda 1 oktober 2019 16:58

Karnataka to go Slow on Sale of Land to JSW Steel - Report

Economic Times reported that Karnataka BJP government has decided to go slow on the sale of land to JSW Steel in Sandur taluk of Ballari district, against which chief minister BS Yediyurappa himself had led a big campaign while in the opposition. The government has put on hold the May 27 Cabinet decision of the previous JD(S)-Congress regime following objections from within the Congress and protests by the BJR Industries minister Jagadish Shettar. Senior Congress leader HK Patil was the first to object, said Mr Shettar, and the BJP also went on a protest. He added that “We have not even had a preliminary discussion on the subject. I will discuss with my Cabinet colleagues and the CM and take a decision.”

JSW Steel deputy managing director Mr Vinod Nowal said that “Industries are facing problems throughout India. The government should understand our problems, and do whatever is legally due to us.”

Source : Economic Times

voda 1 oktober 2019 16:59

MMK Strengthens Cooperation with TMK

Magnitogorsk Iron and Steel Works and TMK held a meeting of their coordinating council in the city of Volzhsky in the Volgograd region. The two sides discussed the results of their joint work and outlined areas for further cooperation. The latest meeting was the 27th one for the coordinating council. It was attended by managers and specialists of technical and commercial services at MMK and TMK, as well as by representatives of TMK's Volga and Northern pipe plants and the Taganrog Metallurgical Plant.

MMK Deputy CEO of Sales Sergey Ushakov headed the delegation from Magnitogorsk. The meeting summed up the results of the cooperation between the companies since 2016, and the results of MMK's participation in large-diameter pipe projects implemented by TMK. In 2018, more than half a million tonnes of flat rolled products produced by MMK were shipped to TMK's pipe plants. For the first 9 months of 2019, the shipment of MMK steel products to TMK enterprises will amount to more than 660,000 tonnes. MMK's share in the supply of flat rolled products to TMK in January–September will be 83.4%. In addition, the meeting of the coordinating council addressed the quality of steel products, the development of new types of metal products for TMK and other topics of cooperation.

The pipe industry is one of the key segments for MMK's in the domestic market. It accounts for more than a quarter of all MMK sales in Russia. MMK firmly holds the position of Russia's largest supplier of tackle for the production of welded pipes. Last year, the Company shipped a total of 3.3 million tonnes of hot rolled steel to the Russian market, about 56% of which went to pipe manufacturers. In the first half of 2019, deliveries of steel products from MMK to the enterprises of the pipe industry increased by 28% year-on-year. The total volume of deliveries to the industry in the first half of this year reached 1.32 million tonnes, which makes up 31.4% of MMK's total shipment to the domestic market. Among the consumers of MMK products are all the leading enterprises of the pipe industry in Russia, for most of whom MMK is one of the main suppliers of steel products.

Source : Strategic Research Institute

voda 1 oktober 2019 17:01

Essar Steel Seeks 12 LNG cargoes for 2020 delivery - Report

Reuters quoted two market sources as saying that Essar Steel India has issued a tender for 12 liquefied natural gas cargoes for 2020 delivery, after previous tender was cancelled. The company held a similar tender in August but the sources said they believed it did not award it.

Source : Reuters

voda 1 oktober 2019 17:02

EVRAZ Pueblo to Use Solar Power to Produce the Greenest Steel

EVRAZ North America, Xcel Energy and Lightsource BP announced they have reached a long-term agreement to develop a new 240-megawatt solar facility in Pueblo. This innovative agreement makes possible EVRAZ North America’s planned long-term investment in Colorado, while supporting the goals of Xcel Energy’s partners and community. Lightsource BP and project investors on its side will invest an estimated USD 250 million into the solar facility. Lightsource BP will build, own and operate the Bighorn Solar project and sell all the electricity it generates to Xcel Energy under a long-term power purchase agreement.

The project is expected to go online by the end of 2021. It will be located on EVRAZ Rocky Mountain Steel property in Pueblo, making it the largest on-site solar facility dedicated to a single customer in the country.

Mr James Skip Herald, president and CEO of EVRAZ North America said that “This pioneering partnership with Xcel Energy and Lightsource BP marks a milestone for the development of our new rail mill and will make EVRAZ North America the industry leader in the use of renewable energy to produce the greenest steel and engineered steel products in the world, from rail to rod & bar. This long-term agreement is key to our investment in Colorado’s new sustainable economy.”

Source : Strategic Research Institute

voda 1 oktober 2019 17:03

CBI Arrests Vindhyavasini Steel Chairman in Fraud Case

The CBI has arrested Chairman and Managing Director of Vindhyavasini Steel Corporation Pvt Ltd Vijay Rajendra Prasad Gupta from Haridwar in connection with a INR 106 crore bank fraud case. The case was registered by the Central Bureau of Investigation on April 17 last year on a complaint from the State Bank of India. It is alleged from 2011 to 2013, VSCPL, represented by Mr Gupta and other directors, entered into a criminal conspiracy with an intent to cheat the SBI in availing loans.

The CBI has alleged that VSCPL sanctioned term loans and CC limit of INR 36 crore for purchasing land and building plant, besides another limit of INR 63 crore as working capital from the SBI. The company allegedly diverted the sale proceeds without repaying the loan.

It is also alleged that the loan sanctioned was diverted to third party instead of paying the supplying thereby causing a wrongful loss to the tune of INR 106.22 crore to the SBI and corresponding gain to themselves.

Source : NDTV

voda 1 oktober 2019 17:04

SMS Commissions Hot Strip Mill at SSAB in Borlange

SSAB in Borlange Sweden has rolled the first transfer bar on July 24, 2019, after conversion of the side guides at hot-strip mill roughing stand R1 by SMS group in the summer shutdown 2019. The modernization performed by SMS group was aimed at rolling wedge- and camber-free transfer bars and at stabilizing the strip run in the downstream process steps in the finishing train and the exit roller table including coiler. To achieve these objectives, SMS group implemented the following scope of modernization in the hot strip mill: In addition to installing new hydraulic side guides at the roughing stand entry and exit ends, the pertaining X-Pact® level-1 automation including Roll Alignment Control was provided and integrated into the existing basic automation systems. The side guides were reconstructed with the aid of several components already available at the hot strip mill. The new and strong hydraulic side guides in the roughing mill stand entry and exit sections serve for slab respectively transfer bar centering, with simultaneous positioning of the hydraulically operated horizontal adjustments at the roughing mill stand, and allow wedges in the thickness profile to be compensated and hence cambers to be prevented.

The contracted scope of SMS group also included a new sizing unit for side guide setting and the valve stands.

SSAB appreciated the smooth running of commissioning. Bjorn West from SSAB said that “We have taken another step forward thanks to the plant and process technology provided by SMS group. Now, we have a valuable tool available to effectively and efficiently improve the transfer bar geometry and hence to advance the rolling process as well as the final wide hot strip quality.”

Source : Strategic Research Institute

voda 1 oktober 2019 17:04

All Steels Completes Acquisition of Bromford Iron & Steel

Thirsk based All Steels Trading Ltd has completed its acquisition of Bromford Iron & Steel in West Bromwich from the OSSL Group. Established in 2006 by current managing director Laurence McDougall, All Steels Trading imports a range of both long and flat rolled products, warehousing and processing them in the UK before their onward sale. The acquisition will bolster the ongoing expansion of the Yorkshire firm, as well as safeguarding the 38 jobs at Bromford’s site in Oldbury. The deal was supported by a number of Yorkshire advisers including Clarion in Leeds which provided legal support to All Steels Trading; Martin Holden of Saffery Champness in Harrogate which provided taxation advice; and HSBC’s corporate team in Leeds for assisting with banking and financial advice.

All Steels Trading managing director Laurence McDougall said that “The acquisition of Bromford Iron & Steel offers excellent synergy with our other UK steel related businesses, but especially with our Wolverhampton-based Special Steel Sections rolling mill. The acquisition also confirms our commitment to supporting and investing in traditional British industries, and safeguarding a significant number of UK jobs. We believe British companies in this industry sector are more than capable of not just supporting domestic steel requirements but successfully competing on the world stage – and the support of All Steels Trading and its group of UK steel manufacturing companies will no doubt certainly help them to do just that.”

Source : Strategic Research Institute

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