ArcelorMittal LU1598757687

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1. voda 27 januari 2021 09:24

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   Tenova Chooses ABB System for Prestima Tinning Line in Philippines
   
   Tenova has selected ABB to supply and install a comprehensive drives and automation package for Southeast Asia tinplate manufacturer Perstima at its new electrolytic tinning and tin free steel line in Malvar in Philippines. Project scope includes the ABB Ability System 800xA Distributed Control System, which integrates control, electrical and communication systems for optimal visibility into all processes for stable production and the efficient use of raw materials and energy, plus the compact, high performance AC800 PEC controller, with control desks and posts. In addition, ABB will supply its Collaborative Production Management for Metals solution to optimize all aspects of process and production planning, asset monitoring and manufacturing execution. ABB’s state of the art ACS880 low voltage multidrives and motor control center switchgear complete the package.
   
   When installation and commissioning is complete, Perstima will benefit from a compact, fully integrated, easy-to-use control, automation and drives system designed for flexibility, durability and optimal productivity. The new solutions will be operational in June 2021.
   
   Source - Strategic Research Institute

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2. voda 27 januari 2021 09:26

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   Chelpipe Visionary Mr Alexander Fedorov Passed Away
   
   Chel Pipe announced that industrialist Mr Alexander Anatolyevich Fedorov passed away on January 24, 2021. For many years he was at the head of ChTPZ. ChTPZ Chairman of the Board Mr AI Komarov said “It was a great pleasure and honor for us to work with Alexander Anatolyevich. Metallurgy was his life's work. It is difficult to find a person who is more devoted to the industry, to his native enterprise. 45 years at ChTPZ and never Alexander Anatolyevich, who began work at the plant as a mechanic, did not lose touch with production. And today it is difficult to imagine that any decision will be made without his insightful glance, assessment, wise advice. Together with relatives, friends, associates, together with the thousands of ChelPipe Group employees, we deeply grieve over the loss.”
   
   Mr Alexander Anatolyevich was born in 1952. After graduating from high school in the city of Chelyabinsk in 1969, he entered the Chelyabinsk Polytechnic Institute at the Faculty of Engines, Devices and Automation (now the Aerospace Faculty of SUSU). Alexander Anatolyevich devoted most of his life to pipe production, starting his career as a simple worker. Since 1976 he worked at the Chelyabinsk Pipe Rolling Plant, since 1996 at the head of ChTPZ.
   
   In recent years, Alexander Fedorov served as Chairman of the Board of Directors of the ChTPZ Group, member of the Board of Directors of PJSC ChTPZ, Vice President of the Chelyabinsk Branch of the Union of Industrialists and Entrepreneurs, President of the Uralskiy Trubnik hockey club, from 1996 to 2020 he was a deputy of the Legislative Assembly of the Chelyabinsk Region and was also a member of the Board of Trustees of the Chelyabinsk State Opera and Ballet Theater named after MI Glinka.
   
   Source - Strategic Research Institute
3. voda 27 januari 2021 09:26

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   Galvanizing Line with Heat to Coat Tech at Nucor Steel Gallatin
   
   In December 2020, after a successful commissioning phase that proved the line’s efficiency, Nucor Steel Gallatin granted SMS group the final acceptance certificate for the new heat to coat pickling and galvanizing line in Ghent in Kentucky in USA. The line was fully supplied by SMS group, including engineering, process technology, furnace technology, pickling and galvanizing technology as well as electrical and automation systems. The line is designed to produce 500,000 tons of pickled and galvanized hot rolled steel strip per year. With a maximum capacity of 180 tons per hour and a large strip cross section up to 6.35 millimeter thickness and up to 1,854 millimeter width the line sets a new standard in hot strip galvanizing. During the commissioning phase in the last year already 70% of the designed capacity could be reached. Due to this promising production result, Nucor is capable of exceeding the designed capacity in 2021.
   
   The heat to coat technology for hot strip galvanizing is characterized by the compact and operator-friendly U-shape design, the turbulence pickling system, the high-power inductive heating system, the FOEN galvanizing equipment and the Drever after pot cooling system. There is a broad area of applications for the coated hot strip, especially in construction, transportation and in the automotive industry with the option to substitute galvanized cold strip with hot strip.
   
   The U-shaped line combines turbulence pickling technology, high-power inductors, FOEN galvanizing equipment and a Drever after-pot cooling system.
   
   Source - Strategic Research Institute
4. voda 27 januari 2021 09:33

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   Hoa Sen’s Chairman Mr Vu to Become Buddhist Monk in 2026
   
   VN Express reported that Vietnam’s Hoa Sen Group Founder & Chairman 58 year old Mr Le Phuoc Vu has said he will remain involved with the operations of the steel giant until he enters monastic life in 2026. At Hoa Sen Group’s recent annual general meeting, Mr Vu denied rumors he was no longer involved with the operations of the company that began after he attended a ceremony to take refuge in the Three Jewels last July. He told "Though I stay up in the mountains and return once a month, I do not miss anything in the operation of the company. This also helps his executives learn to manage the company on their own. A good leader does not only help a company grow but also nurtures the next generation of leaders. All procurement contracts still have to be personally approved by him since he has not entrusted this responsibility to other executives just yet. Every day he calls vice chairman Mr Tran Ngoc Chu to discuss and direct operations.”
   
   He said he plans to quit the company in 2026 to become a monk but until then would work closely with its board and find a successor before then. He said "I will most definitely leave home after that, and live the virtuous life of a Buddhist practitioner. I will leave when I have fulfilled my responsibilities, not because I want to cash out."
   
   When one becomes a monk by leaving home, people shave off their hair, declare their commitment to Buddhism, renounce one’s family and worldly life to diligently practice Buddhism in a purer place such as a pagoda.
   
   Mr Vu also announced that the company would no longer focus on manufacturing corrugated iron, steel and plastic pipes, but move towards becoming a distributor of building materials and interior decoration items.
   
   Hoa Sen Group is a steel roofing sheet manufacturing company. It manufactures and distributes building material products in Vietnam. The company's product portfolio includes cold rolled coil, aluminum-zinc alloy coated steel sheets, galvanized steel sheets, pre-painted galvanized steel sheets, pre-painted aluminum-zinc alloy coated steel sheets, pre-painted GL and pre-painted GI with PVDF, and wood pattern steel sheets. In addition, it also produces steel purlins, galvanized purlins, manufactures black steel pipes, galvanized steel pipes and other alloys, steel mesh, galvanized steel wire, steel wire, PVC ceiling and manufacturing and trading of plastic building materials.
   
   Source - Strategic Research Institute
5. voda 27 januari 2021 09:34

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   Policy Changes Proposed to Increaes Iron Ore Production in India
   
   Financial Express reported that India’s ministry of mines has proposed to adopt a carrot and stick policy, to spur iron ore production. Through the proposed Minerals (other than atomic and hydrocarbons energy minerals) Concession (Amendment) Rules, 2021, the ministry has proposed that the mining lessee will still have to pay statutory dues equal to the minimum dispatch stipulated in a quarter even if dispatch falls short. In case, the lessee fails to maintain the minimum dispatch criteria for three consecutive quarters, the state government may terminate such lease after giving a reasonable opportunity of being heard.
   
   The mines ministry has also planned to incentivise a lessee for higher production. The mines ministry has proposed the Mineral (Auction) Amendment Rules, 2021 “For fully explored blocks, there would be a 50% rebate in the quoted revenue share, for the quantity of mineral produced and dispatched earlier than the scheduled date of production as provided in the tender document.”
   
   Keeping in mind the fact that leases granted for around 334 merchant mines including 46 operating mines will stand cancelled on March 2020, the mines ministry had allowed auction of such leases even before their lease period got over and granted the new owners permission to operate such leases without acquiring the required approvals and clearances for two years. Still, several successful bidders of those working mines failed to start production even after the lapse of 7-8 months of auction and execution of mining leases in their favour. Further, many of the successful bidders who have started production, have not maintained the production and dispatch quantity up to the stipulated level.
   
   Source - Strategic Research Institute

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6. voda 27 januari 2021 09:35

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   Tenaris to Supply Seamless Pipes to Samsung for Dos Bocas Refinery
   
   Representatives from Samsung Engineering visited Tenaris’s Tamsa seamless mill in Veracruz in Mexico as part of an agreement for the supply of coated tubes for the second phase of the Dos Bocas Refinery in Mexico’s largest hydrocarbon processing project. During the visit representatives from Samsung Engineering learned about the industrial capabilities of the Tamsa mill, where pipes and accessories for the Dos Bocas Refinery will be manufactured. Extensive documentation, as well as color coded striping and special packaging, are required by the customer, adding challenges throughout the manufacturing and delivery process.
   
   The agreement with Samsung includes the provision of pipes and accessories from Tenaris’s mills in Mexico, Italy, Argentina and Romania. It also enables the company to continue supplying products for the next phases of the Dos Bocas Refinery project.
   
   The Dos Bocas Refinery is a project which is being developed by Pemex Transformación Industrial, the downstream arm of Pemex. Expected to be completed in 2023, the refinery will consist of 17 operating process plants, a power and auxiliary services unit, cooling towers and a section of water treatment plants with a capacity of around 340,000 barrels of crude per day.
   
   Source - Strategic Research Institute
7. voda 28 januari 2021 10:58

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   Japan Plans to Support Steel Sector to Cut Emission
   
   Nikkei reported that Japanese government plans to support heavy industry to raise capital for investments that cut carbon emissions, an area that has struggled to attract funding compared with big renewable energy projects and the government will set guidelines to allow the sale of bonds and other financial products for climate transition projects, with an eye toward areas such as steel, chemicals, electricity and maritime shipping.
   
   Japanese government hopes that this will attract cash from environmentally conscious investors who tend to steer clear of smokestack industries. Though so called green bonds have gained traction as a way to raise money for environmental projects, just 0.5% of these bonds worldwide have been issued by the industrial sector.
   
   One priority for funding is industries that cannot jump to zero emissions in the near future. The International Capital Market Association issued guidance on climate transition finance last month with these sectors in mind. Japan will use this report as the core of its guidelines.
   
   Source - Strategic Research Institute
8. voda 28 januari 2021 11:00

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   China May Resort to Semis Import to Cut Crude Steel Output in 2021
   
   China's Ministry of Industry and Information Technology, committed to reducing China’s crude steel output in 2021 from record 1.05 billion tonnes in 202 to achieve carbon emission targets, has recently released a series of measures to accelerate the reduction of steel output which includes a ban on illegal additions of new capacity, bolstering its guidance on capacity swaps & push for mergers & restructuring the steel industry to solve long term issues around competition, unreasonable resource allocation and weak synergies. Similarly, China Iron and Steel Association is advancing a series of carbon emission reduction programs to help fulfil China's commitment to green development and has set up a new committee to lead efforts aimed at carbon emission reduction planning, research and development of carbon emission reduction techniques and setting carbon emission reduction regulation policies. However, according to the CISA steel demand in China in 2021 will likely rise slightly amid the steady development of the economy and steel exports are unlikely to improve much, while imports will increase. CISA’s vice chairman Mr Luo Tiejun told a briefing that higher demand this year could be met by other means. He said “We can strengthen imports of primary steel products, especially billets, so that rising demand can be met without increasing output. The government is planning to roll out favourable policies to encourage such imports.”
   
   CISA has also suggested improving steel scrap related policies to take advantage of resources at home after China allowed imports of high grade scrap in 2021.
   
   China, the country with the largest level of carbon emissions in the world, promised to become carbon neutral before 2060. Its steel industry is responsible for about 15% of the total emissions, but China continued to ramp up steel production last year to meet the surging demand amid the post-pandemic economic recovery. China produced 1.053 billion tonnes of crude steel and 1.325 billion tonnes of steel products in 2020, recording a YoY increase of 5.2%and 7.7% respectively, as aside from the decreased steel production in March due to the impact of COVID-19 pandemic, the steady steel output rise was realized in other 11 months. In addition, strong steel demand in China lifted its 2020 steel imports to the highest level since 2005, even as the country maintained its status as the world's biggest steel exporter. China's finished steel imports rose by 64.4% YoY to 20.23 million tonnes in 2020, with exports falling by 16.5% YoY to 53.68 million tonnes. China also imported 18.3 million tonnes of semi finished steel items in 2020, five times higher than in 2019.
   
   Source - Strategic Research Institute
9. voda 28 januari 2021 11:01

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   EU Calls for Restoring Pro Trump Trade Relations with US
   
   The European Union's ambassador to the United States Mr Stavros Lambrinidis during a US Chamber of Commerce online event urged US President Mr Joe Biden's administration to immediately lift tariffs imposed on steel and aluminum imports from the EU and to work to settle a longstanding dispute over aircraft subsidies. Mr Lambrinidis told that EU is ready to work with the United States to strengthen the transatlantic trade relationship and had no desire to erect a Fortress Europe. He said “There is no interest in becoming a Fortress Europe. This will never happen. We want to deal with trade disputes with the US quickly, effectively and now. We are entirely ready to work with the United States on looking at trade around the world. EU is ready to immediately lift its own retaliatory tariffs of 25% if the United States removed the Section 232 tariffs of 25% on steel and 10% on aluminum. Doing so would provide a big boost to many sectors in both regions."
   
   He also called on the United States to help revive the defunct Appellate Body of the World Trade Organization. "
   
   EU has proposed the creation of a trade and technology council to tackle issues of concern, including cyber security threats, setting standards for artificial intelligence, export controls and investment screening
   
   Effective June 1, 2018, US imposed additional tariffs of 25% and 10% on steel and aluminum imports from almost all countries, including EU. In response, EU had triggered the retaliatory tariffs also in June 2018.
   
   Source - Strategic Research Institute
10. voda 28 januari 2021 11:01

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    JSW Steel Pitches for Zero Import Duty on Coking Coal
    
    JSW Steels Joint MD & Group CFO Mr Seshagiri in an interview with CNBC-TV18 opined that “For metal sector, what we are looking in the budget is that whatever is available in India for steelmaking or for metal value addition should be preserved in India rather than allowing it to be exported. Also, whatever is not available in India like coking coal or limestone or any other refractories which we have to import from overseas, they are not available in India, wherever duties are applicable, if we have to compete with the countries where duties are negligible in those countries for import of those raw materials, these duties should be made to zero.
    
    Mr Rao added “There are so many taxes which the Indian manufacturing sector has been paying to either local authorities or state governments. These taxes have to be imposed on imports, the government will get more revenue, that revenue can be used for reimbursing to exports then government is not at a loss and the Indian manufacturing industry’s competitiveness will go up.”.
    
    Source - Strategic Research Institute
11. voda 28 januari 2021 11:02

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    US Total Steel Imports in 2020 Shrink by 21% YoY
    
    American Iron and Steel Institute, based on preliminary Census Bureau data, reported that the US imported a total of 1.494 million net tons of steel in December 2020, including 1.340 million net tons of finished steel up 9.0% and 13.5%, respectively, vs November final data. Key finished steel products with a significant increase in imports in December compared to November are line pipe up 223%, oil country goods up 148%, plates in coils up 84%, hot rolled sheets up 36%, hot rolled bars up 15%, cold rolled sheets up 14% and tin plate up 10%. In December, the largest volumes of finished steel imports from offshore were from South Korea 222,000 net tons up 75% from November final, The Netherlands 86,000 net tons up 69%, Germany 66,000 net tons no change, Japan 56,000 net tons up 21% and Taiwan 43,000 net tons up 1%.
    
    Full year 2020 total and finished steel imports were 22.019 million net tons and 16.139 million net tons, down 21.2% and 23.3%, respectively, vs 2019. For full year 2020, Ingots and Billets and Slabs imports came at 5.865 million net tons down 15%, Sheets & Strip Galv Hot Dipped at 2.195 million net tons down 10%, Sheets Hot Rolled 1.621 million net tons down 14%, Sheets Cold Rolled 1.304 million net tons down 23%, Oil Country Goods 1.102 million net tons down 53%, Bars Reinforcing1.081 million net tons down 2% For full year 2020, the largest offshore suppliers were South Korea at 2.015 million net tons down 22% vs 2019, Japan 767,000 net tons down 38%, Germany 725,000 net tons down 31%, Taiwan 573,000 net tons down 31% and Turkey 562,000 net tons up 72%.
    
    Finished steel import market share is estimated at 18% for full year 2020.
    
    Source - Strategic Research Institute
12. voda 28 januari 2021 11:04

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    ArcelorMittal Italia to Restart Blast Furnace No 2 at Ilva
    
    ArcelorMittal Italia's management represented by the CEO Lucia Morselli and the Human Resources Director Arturo Ferrucci at a meeting held in Taranto told FIM, FIOM, UILM and USB trade unions that blast furnace No 2 at llva plant will be restarted in the coming days. Specifically, the company stated that the delay in the restart of BF2, scheduled for 26 January, resulted from a technical problem of the boring machine. However, the kiln preheating procedure was started .With the restart of BF No 2, which has been idle since last spring, daily steel production at the plant in Taranto should rise from 10,000 tonnes to 14,000 tonnes. As a result, total production at the plant is expected to be around 5 million tonnes with BFs Nos 1, 2 and 4 operating. ArcelorMittal Italia had ended 2020 with an annual production of around 3.4 million tonnes, it’s lowest ever.
    
    With regard to the extension of the deadlines for the execution of prescription n.6 of the Environmental Plan, the General Management of the Ministry of the Environment has sent a communication to ArcelorMittal which contains the reasons that prevent the request for extension of the aforementioned requirement of the Integrated Environmental Authorization and which could determine the shutdown of Blast Furnace 4. However, procedures for stopping BF 4, as reported by ArcelorMittal, could start from January 31st, the deadline for the implementation of the Prime Ministerial Decree of September 29th 2017.
    
    Temporary layoffs due to Covid-19 started on January 4 for another 12 weeks for all employees at the Taranto plant, which may affect up to 8,132 direct employees. According to the company, this is due to the persistence of the reduction in work activity attributable to the pandemic.
    
    Source - Strategic Research Institute

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13. voda 28 januari 2021 11:06

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    Maanshan Iron & Steel Joins 20 Million Tonnes Club
    
    Baowu Group’s Maanshan Iron & Steel Co Ltd has stepped onto the 20 million tons annual steel production platform! In 2020 as it produced a total of 20.97 million tonnes of steel, an increase of 1.14 million tonnes from 2019.
    
    2020 was the first full year for Maanshan Iron & Steel to fully integrate into Baowu of China. At the beginning of the year, Maanshan Iron & Steel formulated a plan of the company's total molten iron output of 18.2 million tonnes and crude steel output of 20.2 million tonnes. With an impressive performance of average daily output exceeding 41,000 tonnes, the iron making plant exceeded the task. All steelmaking production units seized the opportunity
    
    In the New Year, Maanshan Iron & Steel expressed that they will move towards a higher goal and make new contributions to the over 100 million tonnes Baowu.
    
    Source - Strategic Research Institute
14. voda 28 januari 2021 11:07

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    ArcelorMittal Kryvyi Rih Steel Production Shrinks in 2020
    
    ArcelorMittal Kryvyi Rih CEO Mr Mauro Longobardo said “Production performance in 2020, an extremely tough year for the business, turned to be better compared to the pessimistic forecasts. Production level hot metal, steel, rolled products went down considerably, but we managed to get high performance of ore mining and shipment of iron ore concentrate. I am sure that 2020 has become a turning point for ArcelorMittal Kryvyi Rih on its way to capacities upgrade and eco-transformation.”
    
    Highlights
    
    Ore mining - 25.6 million tonnes, up 4% YoY
    
    Concentrate - 10.7 million tonnes, up 9% YoY
    
    Sintering - 9.0 million tonnes, down 8% YoY
    
    Coke - 2.6 million tonnes, down 7% YoY
    
    Hot metal - 4.9 million tonnes, down 8% YoY
    
    Steel - 4.7 million tonnes, down 11% YoY
    
    Rolled products - 4.3 million tonnes, down 9% YoY
    
    The company successfully mastered the production of new sections at the light section mill No 3. Through this, ArcelorMittal Kryvyi Rih optimized operation and shut down the light section mill No 1.
    
    ArcelorMittal Kryvyi Rih fulfilled promises as for environmental commitments, twin hearth furnace No 6 in open-hearth shop was shut down and the first blooming area was decommissioned.
    
    Besides that, we continue to upgrade the main technological machines. For example, a large-scale reconstruction of the second sinter shop is ongoing.
    
    Last year, the shell of blast furnace No 9, the furnace of wire rod mill No 1, boiler No 4 of TPP No 2, blast furnace No 7 were repaired.
    
    In 2020, the continuous casting machines No. 2, 3 achieved their designed production parameters. Because of this outdated mill 1250 at the blooming was shut down.
    
    A key milestone in company’s development was that ArcelorMittal Kryvyi Rih launched a project for pellet plant construction, a state of the art facility. With the pellet plant working, the environmental situation in the city and the region will improve.
    
    Source - Strategic Research Institute

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15. voda 28 januari 2021 11:08

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    Ulbrich Stainless Steels Unveils New CR Mill at Wallingford plant
    
    Ulbrich announced the unveiling of one of the world's most advanced 20 High Rolling Mill at Wallingford plant in Connecticut in US, where Ulbrich cold rolls precision strip and foil for over 160 alloys of stainless steels and special metals. The new Rolling Mill can handle a wide range of thicknesses with a technically advanced automatic gauge control and shape control system to closely monitor real time variations of thickness and flatness throughout the length of each coil that is rolled.
    
    The new mill has state of the art capabilities which further enhance the quality of steel in all of the critical markets Ulbrich serves. With this additional capacity, Ulbrich can now provide an even higher level of service which enables Ulbrich to support greater new product development business for the future.
    
    Ulbrich Stainless Steels & Special Metals Incoffers a wide range of products and solutions across multiple industries. With over 90 years in business, Ulbrich hase the knowledge and experience necessary to understand the material requirements for demanding applications.
    
    Source - Strategic Research Institute
16. voda 28 januari 2021 11:09

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    US Steel Names Mr Scott Dorn as Interim Head of Tubular Solutions
    
    United States Steel Corporation President and Chief Executive Officer Mr David B Burritt announced the appointment of Mr Scott M Dorn as Interim Head of Tubular Solutions. Mr Dorn assumes responsibility for all aspects of the Tubular business from Mr Douglas R Matthews, Senior Vice President Tubular Solutions, who will retire in January. Mr Dorn joined US Steel in 1988 and advanced through increasingly responsible positions in engineering, plant operations, financial analysis and accounting, corporate finance, strategic planning, and business development. In 2005, he was appointed director-commercial for Tubular products and in 2007 advanced to general manager of Tubular marketing.
    
    Mr Dorn holds a bachelor’s degree in electrical engineering from Kettering University, formerly the General Motors Engineering and Management Institute and a master’s degree in industrial administration from Carnegie Mellon University.
    
    US Steel Tubular Products serves the energy industry as North America’s largest fully integrated tubular products manufacturer.
    
    Source - Strategic Research Institute
17. voda 28 januari 2021 11:09

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    NLMK Appoints Ms Irene Spitzberg as Group VP for Technology
    
    Russian steel maker NLMK Group announced the appointment of Ms Irene Spitsbergen to the newly created position of Vice President for Technology Development. Ms Irene will focus on the development and implementation of a long-term development strategy for new products and new process technologies. She will lead the Group's international team of engineers and researchers in Russia and Europe.
    
    Ms Irene has over 20 years of experience in developing new technologies and taking them to market. Prior to joining NLMK Group, she served as CTO and Vice President R&D at AIM Aerospace, where she supervised the development of unique solutions for the production of multilayer composite aviation materials. Ms Irene held senior positions at Kennametal, a supplier of tooling and industrial materials and GE Aviation, a world leader in jet engine manufacturing. Ms Irene set up her own consulting business, recognized by expert awards. Ms Irene's experience includes the development and promotion of new technologies, successful innovation management and consulting on strategy and R&D.
    
    Ms Irene holds a PhD in Materials Science and has co-authored over 80 patents.
    
    Source - Strategic Research Institute
18. voda 28 januari 2021 11:11

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    VSMPO & Boeing Sign Long Term Supply Agreement
    
    VSMPO AVISMA Corporation announced that they have signed a new long term contract for titanium forgings with Boeing Company. Under the terms of the this contract, VSMPO will continue to provide Boeing and its supply chain with current and new statement of work for titanium die forgings to support Boeing commercial aircraft manufacturing requirements for various models of the 787 Dreamliner, 777, 767, and 737.
    
    Ural Boeing Manufacturing, a joint venture between VSMPO and Boeing, will machine many of these forgings at its facility located in Verkhnaya Salda.
    
    In addition, as part of a previously signed separate contract VSMPO will continue to supply titanium mill products to Boeing and its participating suppliers.
    
    VSMPO will provide sales and service support of these contracts, including logistics, cutting, and just-in-time delivery services through its global sales and distribution network locations in the United States, United Kingdom, Europe and China.
    
    Source - Strategic Research Institute
19. voda 28 januari 2021 11:11

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    • voda

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    Tata Steel Join Climate Initiative at Davos Summit
    
    Kalinga TV reported that Tata Steel has joined a new initiative. The Mission Possible Partnership, a new coalition formed to accelerate the decarbonisation of global industries representing 30% of global emissions, was launched at World Economic Forum in Davos. Run by the Energy Transitions Commission, Rocky Mountain Institute, the We Mean Business coalition and the World Economic Forum, the Mission Possible Partnership aims to accelerate several pathways for decarbonising heavy industry and transport by unifying the critical actors needed to influence and enable industry transformation at speed and scale.
    
    The partnership builds on the success of the Mission Possible Platform, which launched at the United Nations Secretary General’s Climate Action Summit in 2019, and has grown from 30 companies in 2019 to 400, who all are committed to working on concrete actions towards net-zero. The partnership will help more industries mobilise resources, align across a greater number of organisations, and accelerate the race to zero. This initiative will help carbon-intensive sectors reach their targets and bring in the systemic change needed to succeed by providing a clear path to net zero.
    
    The MPP is centred on the idea that the Paris Agreement, with its focus on national targets, will not generate the plans and solutions necessary to achieve efficient and effective transition strategies for global industries on its own. The most important missing piece of the global climate action architecture is an effort by sectors, complementing country-centric strategies with action from global industries to unlock technology and energy transformation.
    
    In late 2021, the partnership will aim to showcase net-zero agreement breakthroughs in shipping, aviation, trucking, chemical and steel sectors. Within three years, it hopes to help companies complete climate action agreements for these seven sectors covering 30 per cent of global emissions.
    
    Source - Strategic Research Institute
20. voda 28 januari 2021 11:12

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    • voda

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    OMK Expands Product Line with Flat Oval Pipes
    
    United Metallurgical Company OMKs Almetyevsk plant in Republic of Tatarstan has mastered the production of flat oval cold rolled pipes. The enterprise has already produced and shipped to consumers the first batch with a standard size of 30x15 mm with a wall thickness of 1.2 mm as per V-08ps HK GOST 8644-68. Based on the wishes of consumers, a conservation area was organized at the plant to protect new products from corrosion. Depending on the client's requirements, used I20 oils, Lukoil Inso ACF S2 conservation oil, Lukoil Freo 3000 cutting fluids can be used for conservation.
    
    Further development of standard sizes is planned for specific orders. The equipment for the production of new products was manufactured at the company's own facilities.
    
    Due to their unique characteristics, low weight and high strength, such pipes are used in mechanical engineering, the manufacture of household tools, radiators, construction, the manufacture of light metal structures and furniture.
    
    Source - Strategic Research Institute