Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 4)

voda
0
LIBERTY Galati Floats Tender for GREENSTEEL Transformation

Strategic Research Institute
Published on :
15 Jul, 2022, 6:27 am

LIBERTY Galati has launched the tender process for the supply of hybrid electric furnace technology as it aims to transform its operations to GREENSTEEL and take a big step in meeting its target to become carbon neutral by 2030. The transformation plan for LIBERTY Galati will see new hybrid electric arc furnaces replace older more polluting blast furnace production at Galati by 2025. This new technology will allow the steelmaking operations at Galati to be more flexible in the charge mix by allowing a fully flexible mix of Hot Metal, Direct Reduced Iron and scrap steel. In doing so the plant will reduce its reliance on imported coke and iron ore, making use of domestic scrap currently exported, and also provides even greater production flexibility.

To support the drive to GREENSTEEL and carbon neutrality, LIBERTY Galati has already launched the first 50MW phase of a 180MW on-site solar project which will provide clean energy directly to the steelworks.

The announcement comes shortly after LIBERTY signed the contract with leading plant and machinery provider, Danieli, for two new hybrid electric arc furnaces at Galati’s sister plant at Ostrava in Czech Republic. LIBERTY is now targeting 10 million tonnes of recycled GREENSTEEL capacity in Europe over the next five years.

The transformation programme will be supported by the GREENSTEEL Academy which aims to upskill the plant’s current workforce and encourage new people into the industry and by the GFG Foundation which will be running a range of programmes with Romanian universities and colleges aimed at educating the young generation and developing the local communities.
voda
0
Swansea & Tata Steel to Develop Solar Module Coated Steel

Strategic Research Institute
Published on :
15 Jul, 2022, 6:29 am

Solar roofing panels which are greener, lighter, cheaper and flexible, and which can be printed on the steel used in buildings, are the focus of new three year research collaboration between Swansea experts and Tata Steel UK. The solar roofs would enable buildings to generate, store and release their own secure supply of electricity. This would reduce reliance on fossil fuel energy such as gas, and ease pressure on the National Grid, especially as surplus power generated by a building can be used to charge up electric vehicles. The concept is called Active Buildings and it has already been shown to work. Two Active Buildings have been in operation successfully on the Swansea University campus for several years. The aim of the new research is to explore the potential of this technology further and speed up the process of turning it into products for industry to manufacture.

The collaboration was launched with the signing of a Memorandum of Understanding at the University’s Bay campus, where the Active Buildings are located. It is the latest chapter in a longstanding partnership between Swansea University and Tata Steel.

Solar energy is crucial in the shift towards clean, green power. In just one hour enough solar energy falls on the earth to meet the energy needs of the entire world for a year.

Traditional solar cells are manufactured from silicon, which is expensive and requires a lot of energy to produce. But a new type of cell, called a perovskite solar cell, which is highly efficient, is a cheaper and lighter alternative to silicon-based solar panels. PSCs can be made locally using widely available materials and manufacturing them emits less than half the carbon compared to a silicon cell. Crucially, another advantage of PSCs over silicon is that they are flexible rather than rigid. This means they can be printed, using techniques such as screen printing, directly onto a material such as coated steel. This opens the door to creating innovative steel products for use in the construction industry that have built-in solar generating technology.

Swansea University will contribute expertise in manufacturing the printable cells, led by the SPECIFIC Innovation Centre, which pioneered the concept of Active Buildings and designed and built the Active Office and Classroom. Tata Steel brings in their expertise in coatings on steel, screen printing and supply chains for materials. The project is called STRIPS/Tata Steel Industrial Acceleration.
voda
0
Feralpi Plans EUR 400 Million Green Steel Investments

Strategic Research Institute
Published on :
15 Jul, 2022, 6:31 am

Lonato del Garda Brescia based leading Italian producer of construction steels Feralpi Group is planning investments in its German and Italian operations under the 2022-2026 industrial plans, linked to the company’s energy transition processes. Feralpi plans to invest more than EUR 400 million in Germany and Italy over the next five years. With these investments, Feralpi will grow in size and competitiveness with a fully-fledged product portfolio and a more efficient cost base. According to the climate strategy linked to the business plan, increased output and commercial flexibility will go hand in hand with the progressive reduction of CO2 emissions by implementing new technologies and artificial intelligence systems throughout the Italian and German facilities. In terms of energy, the company will rely on renewable energy generated for own consumption.

Work has recently started in Germany on a new rolling mill producing long products for the construction industry, which will be installed at Feralpi Stahl in Riesa in Saxony. Equipped with latest technological breakthrough, it will be an innovative rolling mill in terms of technology and sustainability. Overall, the extraordinary investment of the Group’s German business unit amounts to EUR 229 million. As a result, direct CO2 emissions from the German plant, when fully operational, will drop by 25,077 tonnes of CO2eq per year

A number of investments are planned at all Group plants in Italy in terms of technology and sustainability to combine greater production and environmental efficiency and strengthen verticalisation. Extraordinary investments in Italy amount to EUR 80 million. As a result, direct CO2 emissions, when fully implemented, will drop by 25,947 tonnes of CO2eq per year

Photovoltaic energy system - This investment is intended to generate renewable energy in Italy. The four-year plan target is to install new capacity for self-consumption to cover about 20% of the energy demand of the Group companies in Italy. The new investment means that the Feralpi Group will get 118 MW of installed power from renewable energies, at full capacity, leading to a reduction in indirect CO2 emissions of more than 91,000 tonnes a year when fully operational.

The Feralpi group was established in 1968 from the vision of Carlo Pasini, who decided along with some associates to build a new steel production site in Lonato, expanding the original family business based in Val Sabbia. Over last 50 years. Feralpi has expanded presence in Italy, Germany, Algeria & Romania etc by setting up plants as well as acquisitions.
voda
0
Acciaierie di Sicilia Plans Sicilian Sustainable Steel

Strategic Research Institute
Published on :
15 Jul, 2022, 6:33 am

A new Enel Green Power project is taking off in Sicily that will see green hydrogen used to power heavy industry. The initiative, which is called Sicilian Sustainable Steel, has been launched with the company Acciaierie di Sicilia, which is part of the Alfa Acciai group, a leader in the production of steel for reinforced concrete. Acciaierie di Sicilia is Sicily’s sole steelworks plant, located in the industrial area of Catania. To minimize the environmental impact and management costs of the plant, the electrolysis facility will be located right next to the steelworks.

The goal is to use green hydrogen to replace 30% of the natural gas currently used in the furnaces to heat the rolling mills, thereby meeting a large part of the company’s energy needs that cannot be satisfied using electricity. This is one way to significantly reduce the environmental impact of steel production. The steel industry in general is set to make up a significant part of the total demand for green hydrogen, precisely because, according to the International Energy Agency, it is currently responsible for around 7% of global carbon dioxide emissions. That is why both Enel Green Power and Acciaierie di Sicilia, now in partnership, consider it a priority for their decarbonization strategies.

The steel industry, like the ceramics industry, is one of the economic activities for which shifting from fossil fuels to electricity is not very practical, at least at present. Nevertheless, this green hydrogen project demonstrates Acciaierie di Sicilia’s ongoing commitment to projects aimed at reducing consumption of fossil fuels. And this is where hydrogen fits in, with a role that is complementary to electrification in decarbonizing industry in general and the steel industry in this particular case.

Naturally, hydrogen’s sustainability depends on how it is produced. In order to significantly reduce greenhouse gas emissions, the only solution is green hydrogen, which is hydrogen produced from water using an electrolyzer powered by renewable energy to separate this gas from oxygen. And it’s hydrogen that we will supply for Acciaierie di Sicilia, thanks to a portfolio of renewable energy plants that we are developing in the region. In this way we estimate that we’ll be able to avoid the emission into the atmosphere of more than 4,000 metric tons of carbon dioxide each year.

What makes Sicily the ideal region for producing green hydrogen, aside from the interest and support from local institutions, is its climatic features, which are particularly suited to the development of new renewable sources such as solar and wind power. The Enel Group already has an industrial and technological hub in Catania where we’ve created one of our Innovation Lab&Hubs, a center that includes an innovation incubator as well as labs focused on renewable energies. Also located in Catania is our photovoltaic panel factory 3Sun, which, thanks to European funds from the TANGO project, is set to be transformed into a Gigafactory that will be the largest of its kind in Europe. So Sicily has the potential to become a major cutting-edge center for technological innovation in the field of clean energy: a model that can then be exported elsewhere, to the benefit of the energy transition.
voda
0
Anglo American & Nippon Steel Join Hands for Steel Decarbonisation

Strategic Research Institute
Published on :
15 Jul, 2022, 6:35 am

Mining giant Anglo American and Japan’s largest steel maker Nippon Steel have signed a memorandum of understanding to work together to accelerate the transition to lower carbon steelmaking, building on the premium physical qualities of Anglo American’s iron ore to help drive emissions reduction. Anglo American supplies high quality steelmaking coal and iron ore to steel customers around the world. As part of this agreement, the two companies will research ways to optimize premium lump ore produced by Anglo American’s mines to decrease emissions via the traditional blast furnace steelmaking process.

The project will also focus on studying the use of Anglo American’s iron ore in the more carbon-efficient direct reduction iron steelmaking method. DRI is estimated to generate significantly lower emissions than the more prevalent steelmaking routes of blast furnaces and basic oxygen furnaces.

In March 2021, Nippon Steel announced its "Nippon Steel Carbon Neutral Vision 2050," the company's flagship initiative to respond to climate change. Through this programme, shaped around the transition to innovative and more sustainable production methods, and the adoption of innovative technologies, Nippon Steel aims to reduce emissions by 30% by 2030 and achieve carbon neutrality by 2050.

In October 2021, Anglo American issued its climate change report and presented its ambition of a 50% reduction in Scope 3 carbon emissions by 2040, and further developed their existing commitments by aiming to attain carbon neutrality within all operations by the same year. The report offered a multilayered approach such as developing high-quality products that correspond to more efficient, low-carbon manufacturing processes, minimizing emissions while improving efficiency, and working with customers to boost initiatives toward decarbonization.
voda
0
MENA billet market slows over Far East weakness
181 Views

The Middle East and North Africa billet market is under pressure from subdued markets in the Far East, mainly traditional Iranian billet buyer China. Since demand is low for MENA-origin rebar in Hong Kong and Singapore, and for billet in China, the only viable market for Iranian and Gulf Cooperation Council billet is the GCC.

However, before the Eid Holiday this week, two local re-rollers in United Arab Emirates concluded 150mm 3sp electric arc furnace billet deals each for 20,000 tonnes from an unconventional billet supplier at $585/tonne ex-works. These were on a letter-of-credit at sight basis for July deliveries. The transactions have given billet prices a downward direction this week, Kallanish understands.

This week, Omani electric arc furnace billet producers are targeting $590/t ex-works for July shipment, $10/t lower than last week. UAE induction furnace billet prices are meanwhile at $585-590/t ex-works, or delivered for nearby destinations. However, demand is dull.

Oman’s Jindal Shadeed will perform a maintenance shutdown from 18 July until the end of the month, while Modern Steel has postponed its maintenance work to the beginning of August due to technical issues.

"Taking into consideration the benchmark mill's July-delivery rebar price at $685/t, billet deals at $585/t ex-works are slightly lower than the $600/t ex-works target prices of merchant billet producers and integrated mills," comments a senior UAE mill official.

This week in Iran, billet tenders by Sirjan Jahan Steel Company (Sisco) and Esfahan Steel Company (Esco) for 30,000t each were heard concluded at $500/t fob and $520/t fob Iran, respectively.

Following the concluded tenders, two export deals have been reported at $510/t fob for a 30,000t cargo destined to Oman and at $517/t fob for a 5,000t cargo destined to another Persian Gulf Country. These are both for late-August delivery.

"The sentiment is negative in China. This impacts negatively Iranian semis export prices,” explains a market insider. “Although Russian billet prices have increased on an fob basis by $60-70/t to $600-610/t, we don't observe this being reflected in Iranian material. Another factor is the Iranian domestic market is slow, which does not help to elevate prices."

Burak Odabasi Turkey
voda
0
Update on Chinese Steel Market Chinese steel market is under severe pressure from growing concerns about steel demand recovery as a rise in COVID cases sweeps through the country, amplifying the seasonal slowdown in steel demand & the sluggish real estate sector.

Voor meer, zie de bijlage.
Bijlage:
voda
0
voda
0
Vallourec Florestal Producing 260KT Charcoal for BF

Strategic Research Institute
Published on :
18 Jul, 2022, 5:40 am

The Forestry unit of seamless pipes leader Vallourec Brazil currently produces roughly 260,000 tonnes of charcoal every year, most of which is used by the Vallourec Soluções Tubulares do Brasil blast furnace to produce hot metal. This work is at the heart of Vallourec’s sustainability strategy and crucial to helping it achieves greenhouse gas targets. Moving forward, Vallourec plans to continue using these Brazilian forests to produce charcoal while also developing biodiversity work and engagement with local communities. Vallourec is fully committed to this work, one of several initiatives for responsible production.

The Forestry unit of Vallourec in Brazil is a pioneer in planting and managing eucalyptus forests to produce charcoal. Founded in 1969 in Minas Gerais, southeast Brazil, it has supplied, from its origin, the key fuel that powers the blast furnace of Vallourec Soluções Tubulares do Brasil. The Forestry unit, also known as Florestal, is an exemplary forest-industry system, since the CO2 emitted in production is reabsorbed by the forest as it grows. And that’s not all: Vallourec’s 164,400 hectares of land also constitute a formidable reserve of biodiversity.

Of the total area available to Vallourec, one half is covered with a mix of trees native to the region while the second half is tended and used for charcoal production. The eucalyptus forests cultivated by the Forestry unit are populated from a nursery that has a capacity of 8.5 million seedlings per year. All the eucalyptus seedlings are cloned and evolved internally by a Vallourec R&D team that enhances and adapts them to be more robust and suited to local environmental conditions. The seedlings are best planted during the rainy season, between November and March, and the forests are maintained and harvested on seven-year cycles to maximize their productivity.

The forests have evolved over the last six decades, as has their mission. Beyond providing charcoal, the cultivated forests also help foster biodiversity and serve as a way for local communities to engage with each other. On top of production areas, some 78,900 hectares are used for improving soil quality, access roads and, above all, environmental conservation.

The group’s commitment to environmental conservation includes protecting the native fauna living in the forests. To preserve these animals’ natural habitats, the company maintains ecological bands. These corridors link together different areas of native forests where the animals reside, encouraging the natural and safe movement of insects, mammals and birds of all kinds.

To help the group set its standards and define its environmental initiatives, Florestal has implemented an environmental management system based on ISO 14001:2015 and NBR 14789:2012 – CERFLOR. Keeping a close eye on the fauna

The team at the Forestry unit of Vallourec in Brazil has a particular assignment, as required by its certification, to monitor all different types of fauna in the area. It does this in the interest of maintaining the ideal natural conditions to protect these animals, and identifying any threats to them. Of all mammals, bats have some of the most diverse feeding habits, and the quality of their habitat has a significant impact on their wellbeing. Vallourec takes particular care in monitoring them as their presence is considered a good indicator of environmental quality in neotropical regions.

Brazil also has some of the greatest bird biodiversity in the world, with the state of Minas Gerais alone home to approximately 800 species. Vallourec monitors birdlife; its Brejão farm is located in an area of “extreme” importance for bird conservation, while on the Santa Cruz farm, 150 species were identified during the 2021 monitoring campaigns.

In a 2021 monitoring campaign, Vallourec specialists discovered seven endangered species living in our forests, along with another four species considered “near threatened” The monitoring and conservation work of Vallourec specialists, planters and harvesters all contribute to maintaining the forest’s precious biodiversity.
voda
0
Mukund Limited Secures INR 400 Crore Loans

Strategic Research Institute
Published on :
18 Jul, 2022, 5:43 am

Mukand Limited has executed loan agreements with a bank on 14 July 2022 for availing a promoter backed unsecured loans as term loan & working capital loan at competitive rates of interest of an amount aggregating to INR 400 crores. The loans will be utilized for refinancing existing high cost borrowings of the Company and for general business purposes

Mukand Ltd. is a leading Indian manufacturer of specialty steel long products and industrial machinery. Incorporated in 1937, today the company produces alloy steel from its facility in Hospet in Karnataka and stainless steel from its factory in Thane in Maharashtra. TPM, IATF 16949 and ISO 9001:2008 compliant, the company produces specialty steel products that mainly feed into the automotive and engineering industries. The industrial machinery division of the company is involved in the design, manufacture, assembly and commissioning of heavy industrial equipment including EOT cranes, Port equipment, process plant equipment for ferrous and non-ferrous industries, bulk material handling equipment, etc.

In the year 2013 and later in 2018, the company formed joint ventures with Sumitomo Corporation of Japan. The JVs are engaged in the business of rolling, finishing and marketing of wire rods, bars, bright bars and wires made from blooms, billets and bars exclusively procured from Mukand Ltd.

Mukand Sumi Special Steel Limited and Mukand Sumi Metal Processing Ltd. are two joint venture companies between Mukand Ltd of India and Sumitomo Corporation of Japan.

Together known as Mukand Sumi, the company is engaged in the business of rolling, finishing and marketing of wire rods, bars, bright bars and wires made from blooms and billets procured exclusively from Mukand Ltd.

The company rolls steel in sizes ranging from 5.5 mm to 160 mm in diameter in supply conditions such as annealed, spheroidised annealed, pickled and phosphated, hardened and tempered. With over 400 grades and specifications, the company offers products such as roller and ball bearing steel, cold heading quality steel, free cutting steel, micro alloyed steel, spring, carbon and alloy steels. These steels are mainly used in automotive and engineering industries for the manufacture of transmission parts, engine components, steering components, bearings, high tensile fasteners, fuel injection systems, braking systems, suspension parts, etc.
voda
0
Sinosteel Constructing Coke Oven Battery at MMK

Strategic Research Institute
Published on :
18 Jul, 2022, 5:46 am

Construction of coke oven battery No 12 is underway at Russian steel maker Magnitogorsk Iron and Steel Work. The capacity of the new coke oven battery will be 2.5 million tonnes of dry coke per year. The general contractor for the construction is Sinosteel Equipment & Engineering and the cost of the project is about 75 billion rubles. The construction of the complex is planned in two stages. At the first stage, the construction of two units of a coke oven battery with a coal tower and two units for dry coke quenching. Also, at the first stage, a coal preparation unit, coke sorting facilities, a desulfurization and denitration plant, a liquid ammonia warehouse, an air compressor and firefighting pumping station, and engineering facilities will be built. At the second stage, two more blocks of a coke oven battery with a coal tower and technological units will be erected. The sequential launch of the coke oven battery complex No 12 is scheduled for 2023,

Modernization of production will ensure the reduction of gross emissions of pollutants into the atmosphere by 11.35 thousand tonnes per year and waste-free production through the introduction of a dry coke quenching unit. The dry quenching technology will make it possible to utilize coke heat, as well as to obtain steam for technological needs and power generation, creating an additional power capacity of two turbo generators with a capacity of 20 MW each after the boilers of the dry coke quenching unit. This method of power generation is fuel-free as it is based on the use of hot coke heat to convert water into steam, which then enters the steam turbine generators.

The new coke oven battery plays a special role in terms of reducing the carbon footprint of the entire plant. The reduction of CO2 emissions will amount to 2.2 million tonnes per year, and the carbon footprint of PJSC MMK will decrease by -8.5%. This will further bring MMK closer to achieving its production decarbonization goals.

The construction of a biochemical plant and coke oven battery No. 12, as well as the modernization of the chemical products capture and processing shop are elements of a comprehensive reconstruction of MMK's coke production, the main goal of which is to radically reduce the technological impact on the environment and fulfill environmental tasks as part of the Federal project "Clean air".
voda
0
Metalloinvest Launches Cycle-Flow Technology at Lebedinsky GOK

Strategic Research Institute
Published on :
18 Jul, 2022, 5:48 am

Leading Russian manufacturer of iron ore products, hot briquetted iron & steel Metalloinvest has launched an advanced technology for intrapit crushing and conveyor transportation of rock mass at Lebedinsky GOK. Metalloinvest has invested about 15 billion rubles in the project. The launch of the CPT makes it possible to transport ore from the open pit in the amount of at least 55 million tonnes per year. Dust emissions will be reduced by 33%, the volume of formation and disposal of overburden waste by 20-40%.

The CPT complex includes two crushing complexes, two lines of hoisting and main conveyors, 3 reloading units, 4 reloading conveyors, ore buffer storage with a stacker-reclaimer and a loading and unloading conveyor, a dispatch control center for the complex.

The length of the main conveyors is more than 3 km, including the inclined part of more than 1 km, the height of the lift is 250 meters & the angle of inclination is 15 degrees.

Ore is transported by road to in-pit crushing plants. Then the crushed ore, without the use of railway transport and excavator transfer points, is lifted by high-performance conveyor lines to the surface and sent to the processing plant.
voda
0
Tata Steel Long Products Reports Losses in Apr-Jun Quarter

Strategic Research Institute
Published on :
18 Jul, 2022, 5:51 am

Tata Steel Long Products Limited’s crude steel production in April-June 2022 quarter grew by 11% YoY & 15% QoQ to 0.191 million tonnes as crude steel production was partially impacted by Oxygen shortage in April-June 2021 & January-March 2022 quarter had shutdown of blast furnace for few days. Steel sales volumes increased by 7% YoY and 10% QoQ to 0.714 million tonnes despite volatile operating environment.

DRI production was marginally lower on YoY basis due to pre ponement of planned shutdown at 0.234 million tonnes & DRI sales volumes were lower on YoY basis due to higher captive consumption at 0.156 million tonnes.

Tata Steel Long Products Limited reported revenue of INR 1,994 crores for April-June 2022 quarter & loss of INR 331 cores

Tata Steel Long Products Limited is one of India's largest integrated special steel and merchant DRI makers. The steel business has a rich product portfolio of carbon and alloy steel, which primarily caters to automotive customers as well as produces high-end wire rods. The Company commenced its journey as IPITATA Sponge Iron Limited in 1982. It was a joint venture between Tata Steel Limited and the Industrial Promotion & Investment Corporation of Orissa Limited for sponge iron production. Later in 1991, Tata Steel acquired IPICOL's entire stake and Tata Sponge became an associate company of Tata Steel. In 2019, TSIL has acquired UML's special steel under slump basis. Tata Steel Long Products is a subsidiary of Tata Steel, wherein Tata Steel holds 74.91% shareholding.
voda
0
USW Local 2251 Calls for Algoma Steel Strike Meeting on 27 July

Strategic Research Institute
Published on :
18 Jul, 2022, 5:57 am

Mr David Helwig has provided an update on Soo Today that with their collective agreement due to expire 3on1 July members of Algoma Steel's largest union have been called to special membership meetings on 27 July and if ongoing talks have resulted in a memorandum of agreement by that date, United Steelworkers Local 2251 will be asked to vote on whether to accept it. If no memorandum has been achieved, members will instead be asked to approve whatever recommendation has been made by their negotiating committee. Local 2251's bylaws require that an additional strike vote be taken prior to termination of the collective agreement.

USW Local 2251 represents over 2,000 hourly workers. On 5 July, its members voted 99 per cent in favor of strike authorization.

On 8 July, United Steelworkers Local 2724, representing about 500 salaried employees at the Sault steelmaker, voted 95.1% in favor of a strike mandate.
voda
0
Danieli to Upgrade Suez Steel Caster

Strategic Research Institute
Published on :
18 Jul, 2022, 6:01 am

Egyptian steel maker Suez Steel has contracted Danieli to upgrade its caster 2 in operation at the Suez plant in Egypt. The target of Suez Steel is to increase the product range through the most flexible caster technology in the world, to satisfy the growing local and international market requests. After the upgrade, the caster supplied by Danieli in 2011 will be able to produce more than 1 million tonnes per year. This will add to the current production of billets and rounds, new, different sections for some of the largest products in the world, as well as another section dedicated to the production of high carbon products for civil use. The upgraded sections are scheduled to be started by Q3 2023.

The caster will be equipped with submerged casting and Danieli Rotelec EMS electro-magnetic stirrer technologies, M-EMS mould electro-magnetic stirrer, and the F-EMS final electro-magnetic stirrer to improve internal quality with the aim of suppressing central segregation and satisfying all the high-carbon quality requirements defined by the highest European standards.

The machine, originally designed to accommodate some of the new sections, will require minimal interventions consisting of new moulds, mobile sections and segments. An existing lateral strand will be replaced with a complete, new strand, totally redesigned from the mould to the discharge area, to allow the casting of jumbo dimensions, not initially foreseen.

Solb Misr, previously Red Sea Steel, is an Egyptian Steel Group producing a wide range of steel products through Suez Steel Company, an integrated steel complex at Etaqa Suez

Direct reduction plant with a capacity of 2.1 million tonnes per year

Two melting shops with a capacity of 2.1 million tonnes per year

Three rolling mills with a capacity of 2.2 million tonnes per year
voda
0
JSPL Reports Strong Surge in Net Profits in Apr-Jun 2022

Strategic Research Institute
Published on :
18 Jul, 2022, 6:06 am

Jindal Steel and Power Limited has reported a multifold jump in consolidated net profit to INR 2,771 crore for April-June 2022 quarter as its total income rose to INR 13,069 crore from INR 10,643 crore a year ago. Quarterly net profit at INR 1,993 crore was up by 4728% YoY from INR 41 crore in April-June 2021 quarter however. EBITDA of INR 3,463 crore was down 24% YoY from INR 4,573 crore in April-June 2021 quarter.

JSPL also announced that its output of steel remained almost flat at 1.99 million tonne as compared to 2.01 million tonne in April-June 2021. The sale of steel stood at 1.74 million tonne against 1.61 million tonne a year ago.
voda
0
HBIS Supplies Wide Plates to Vineyard Wind for Offshore Project

Strategic Research Institute
Published on :
18 Jul, 2022, 6:09 am

Chinese steel maker HBIS has delivered 6,907 tonnes of steel plates to Vineyard Wind’s offshore wind power project in USA, including about 50% plates above 3,300mm width. In view of the requirement of short delivery time, high technical needs and difficult production organization, HBIS optimized the production process, innovate and add additional points of smelting and rolling, overcome the technical problems of steel plate surface quality volatility and other industrial problems, and ensure that the performance of steel plate is better than customer requirements.

For shipping extra wide plates, HBIS developed special plans to ensure that qualified steel plates are delivered to customers as scheduled.

Vineyard Wind is currently building US’s first utility-scale offshore wind energy project over 15 miles off the coast of Massachusetts. The project will generate clean, renewable, affordable energy for over 400,000 homes and businesses across the Commonwealth, while reducing carbon emissions by over 1.6 million tons per year.
voda
0
Neometals Vanadium Recovery Study Confirms Low Cost Potential

Strategic Research Institute
Published on :
18 Jul, 2022, 6:12 am

Emerging battery materials producer Neometals announce the completion of an Association for the Advancement of Cost Engineering Class 3 Engineering Cost Study on the recovery of high-purity vanadium pentoxide from high-grade vanadium-bearing steel by-product. The ECS was completed with assistance from leading Nordic engineering group Sweco Industry. Neometals has the option to form 50:50 incorporated joint ventures to develop a vanadium recovery project with unlisted Australian mineral development company Critical Metals. The parties are jointly evaluating the feasibility of constructing a facility in Pori in Finland to process and recover high-purity V205 from vanadium-bearing steel making by-product generated by SSAB EMEA AB and SSAB Europe in Scandinavia.

The VRP1 offers a compelling business case which is underpinned by

Access to very high-grade vanadium feedstock without upstream mining costs and associated operating risks

Potentially robust economics

Processing flow sheet utilizing conventional equipment at atmospheric pressure and mild temperatures with non-exotic materials of construction

A very low or net zero greenhouse gas footprint given the absence of mining and a processing route sequestering CO2 into potentially saleable carbonate by-product

On the 6 April 2020, Critical executed a conditional agreement with SSAB, a steel producer that operates steel mills in Scandinavia, to acquire Slag produced as by-product at SSAB's operations. The Slag Supply Agreement provides a secure basis for the evaluation of the VRP1 assuming 200,000 dry metric tonnes of Slag processing per annum without the need to build a mine and a concentrator like existing primary producers. The Slag Supply Agreement provides for the conditional purchase of 2,000,000 dry metric tonnes of Slag from SSAB.

Neometals has three core battery materials businesses commercializing proprietary, low-cost, low-carbon process technologies:

Lithium Ion Battery Recycling, 50% equity, to produce nickel, cobalt and Lithium from production scrap and end-of-life lithium ion batteries in an incorporated JV with leading global plant bolder SMS group. The Primobius N will soon commence operation of a 10 tonne per day operation in Germany and has been selected as technology partner by Mercedes Benz. Investment decision for its first 50 tonnes per day operation with Stelco in Canada is expected September quarter of 2022

Vanadium Recovery, earning 50% equity, to produce high purity vanadium pentoxide via processing of steelmaking by-products. Finalizing evaluation studies on a 300,000 tonne per annum operation in Pori in Finland and potential joint venture with Critical Metals, underpinned by a 2 million tonne, 10 year Slag supply agreement together with the potential availability of a further 1.1 million tonne as contemplated by the NBLI with leading Scandinavian steelmaker SSAB. Investment decision expected end Dec 2022. MOU with H2Green Steel for up to 4 million tonne of slag underpins a potential second, operation in Roden in Sweden

Lithium Chemicals, earning 35%equity, to produce lithium hydroxide from brine and/or hard rock feedstock using our ELi electrolysis process. Co funding pilot plant and evaluation studies on a 25,000 tonne per annum operation in Estarreja in Portugal towards a potential JV with technology co-owner Mineral Resources Ltd and Portugal's largest chemical producer Bondalti Chemicals SA Investment decision expected Dec 2023.
voda
0
SAIL Bhilai Supplying Special Grade Channels for Bailey Bridges

Strategic Research Institute
Published on :
18 Jul, 2022, 6:15 am

India’s leading steel maker Steel Authority of India Limited’s Bhilai Steel Plant has supplied special grade structural steel toy armed forces for bailey bridges and other similar applications including in subzero conditions. SAIL BSP said that more than 21,420 tonnes of100x50 and 75x40 channels in IS2062E410 SAILMA Gr A and IS2062E410 SAILMA Gr C have been supplied since 2016-17. Out of the total volume of 21,420 tonnes supplied since 2016-17, more than 13,620 tonnes is of IS2062E 410 SAILMA Gr A and the remaining 7802 tonnes is of IS2062E 410 SAILMA Gr C grade

For ensuring troop movement in difficult areas in high altitudes or carrying out rescue activities, the armed forces are required to quickly assemble what are called bailey bridges to cross over to the other side wherever required.

SAIL-Bhilai that has been supplying defense grade steel for different applications including naval grade steel plates for use in construction of warships had rolled out SAILMA Grade C of Channel for the first time in 2017 to suit the specific requirement of building Bailey bridges used by the armed forces for troop movement in high altitude areas with sub-zero climatic conditions. Special treatment is done during heating process in Merchant Mill and the steel of this grade is alloyed to give it more yield strength. SAILMA – IS 2062 E410A grade also been produced since 2017 is also used by armed forces for building Bailey bridges in lower altitude areas.
voda
0
Salzgitter & Waelzholz Strengthen Green Steel Pact

Strategic Research Institute
Published on :
18 Jul, 2022, 6:18 am

German steel maker Salzgitter AG and special cold rolled strip leader Waelzholz Group have concluded a partnering agreement covering the joint development and supply of low-CO2 strip steel, initially for a period until 2028. The goal of both companies is to jointly take a leading role in the transformation process in the steel industry on the course to decarbonization. With this partnering agreement for the supply of strip steel with a reduced CO2 footprint, the partners are now intensifying their close cooperation spanning decades.

These reduced CO2 steels are produced by Salzgitter AG via a special electric metallurgical furnace route which means, in comparison with the traditional blast furnace route, that dependent on the product, around 71% of CO2 emissions can currently be avoided. In the summer of 2021 Waelzholz became the first customer of Salzgitter AG to receive strip steel produced via this route. Since then, Waelzholz has already jointly expanded the spectrum of steel grades in order to meet the demands of numerous customers and end users.

By far the greatest share of the CO2 footprint of the cold-rolled strip steels manufactured by Waelzholz is accounted for in the production of the input material. Consequently, from an overall perspective, reducing the level of emissions occurring in steel production is of major importance.

In order to achieve a further massive reduction in CO2 emissions in steel manufacturing, as part of the SALCOS, Salzgitter is incrementally switching its production to a hydrogen-based route. In contrast to the blast furnace methods used in the past, hydrogen and green electricity are now replacing the carbon previously required to make steel. Based on this process, Salzgitter AG plans to reduce CO2 emissions in the production of steel to less than five percent of original levels.

Waelzholz has been a pioneering innovator for more than 190 years. In 1829 Caspar Diederich Wälzholz purchased a wire rod mill in Nahmertal and thus laid the foundation for the company as it is today. Today, with 2,300 employees, Waelzholz is one of the largest cold rolling mills in the world and its global presence is only getting stronger. Waelzholz has production sites and distribution centers in strategically important target markets in Asia and America. It produces special grade cold rolled steel strips & special products.
35.173 Posts, Pagina: « 1 2 3 4 5 6 ... 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 ... 1755 1756 1757 1758 1759 » | Laatste
Aantal posts per pagina:  20 50 100 | Omhoog ↑

Meedoen aan de discussie?

Word nu gratis lid of log in met uw e-mailadres en wachtwoord.

Direct naar Forum

Detail

Vertraagd 6 jun 2024 12:02
Koers 23,290
Verschil -0,070 (-0,30%)
Hoog 23,420
Laag 23,120
Volume 744.344
Volume gemiddeld 2.672.088
Volume gisteren 4.384.655

EU stocks, real time, by Cboe Europe Ltd.; Other, Euronext & US stocks by NYSE & Cboe BZX Exchange, 15 min. delayed
#/^ Index indications calculated real time, zie disclaimer, streaming powered by: Infront