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1. voda 2 februari 2022 07:17

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   Nucor to Add Galvanizing & Prepaint Line at Crawfordsville Indiana
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:09 am
   
   US steel maker Nucor Corporation announced that its board of directors has approved a USD 290 million investment to expand the product capabilities of its Crawfordsville Indiana steel sheet mill by adding a construction grade continuous galvanizing line and prepaint line. The construction grade continuous galvanizing line will have a capacity of 300,000 tons per year while the prepaint line will have an annual capacity of 250,000 tons per year. This investment is expected to take two years to complete pending permitting, regulatory approvals, the award of state and local incentives and other tax considerations.
   
   This investment further expands Nucor's existing galvanizing and prepaint capabilities, which include recently added continuous galvanizing lines at its sheet mills in Arkansas and Kentucky, and the acquisition of a prepaint line at its Arkansas sheet mill.
   
   Nucor Steel Indiana was Nucor's first steel sheet mill, starting operations in 1989. The Crawfordsville mill is where Nucor pioneered electric arc furnace thin-slab casting. Since this breakthrough, Nucor has continued to invest in advanced sheet steel products and technologies. Nucor operates five strategically located sheet mills that utilize thin slab casters and recently announced adding a sixth sheet mill, a majority-owned joint venture in California. These mills produce flat-rolled steel for automotive, appliance, construction, pipe and tube and many other industrial and consumer applications. In September 2021, Nucor announced its plan to build a seventh sheet mill, a three-million-ton capacity state-of-the-art facility that will be located in Mason County, West Virginia, to serve the country's largest steel consuming regions, the Midwest and the Northeast.
2. voda 2 februari 2022 07:22

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   Baowu Joins BHP & 3 Universities to Build Innovative Ecosystem
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:14 am
   
   World’s largest steel maker Chinese Baowu has signed an agreement with world-renowned ore supplier BHP to implement the content of Memorandum of Cooperation on Climate Change previously signed by the two parties, and collaborate with BHP Billiton to advance the signing of research cooperation agreement with three well-known Chinese universities including Shanghai Jiaotong University, Central South University and Northeastern University
   
   The collaboration is to promote cooperation in low-carbon metallurgical technology and other fields, promote low-carbon development and knowledge sharing in the iron and steel field, and jointly build an open scientific and technological innovation ecosystem.
3. voda 2 februari 2022 07:23

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   US Steel Names Mr Daniel R Brown as SVP & COO of Big River Steel
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:16 am
   
   United States Steel Corporation announced that Mr Daniel (Dan) R Brown has been named Senior Vice President of Advanced Technology Steelmaking and Chief Operating Officer of Big River Steel Works. In this role he will be responsible for flat roll steel production currently in place and planned in Arkansas utilizing Electric Arc Furnaces, Endless Strip Production, electrical steel and advanced finishing facilities. Mr Brown previously held the position of Vice President. The change is effective February 1, 2022. Mr Brown will continue to report to President and CEO Mr David B Burritt.
   
   Mr Brown joined US Steel in July of 1994 as a Management Associate in the Mon Valley Works Cold Mill and continued through a series of positions of increased responsibility in the United States and Europe. From April 2019 through June 2021, he held the position of General Manager, Great Lakes Works. Previously he served as Plant Manager of Primary Operations, Gary Works.
   
   Mr Brown graduated from Penn State University with a bachelor’s degree in Business Logistics and earned an MBA from Duquesne University in 1998.
4. voda 2 februari 2022 07:23

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   NMDC Report Best Ever Monthly Iron Ore Production in January
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:18 am
   
   India’s largest iron ore producer NMDC produced 4.56 million tonne and sold 4.24 million tonne of iron ore in the month of January, 2022. The mining major registered a growth of 18.14% in production and 13.4% in sales and delivered the highest ever iron ore production and sales in any January month since inception. The sale achieved during the month of January 2022 is the highest ever in any month since inception of mines. NMDC CMD Mr Sumit Deb said “It has been a good beginning to a year that looks to be a very promising one given the Government’s continued focus and enhanced expenditure on infrastructure in the Union Budget 2022. India registered an 18 per cent growth in steel production in 2021 and the Budget today provides a strong foundation for a continuation to this growth story.”
   
   Cumulative production and sales figures for the first ten months of FY22, up to January 2022, stood at 32.88 million tonne and 32.60 million tonne respectively. These figures registered the best ever 10 months physical performance of NMDC. The company achieved a growth of 28.14% in production and 25.34% in sales over the same period last year.
5. voda 2 februari 2022 07:29

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   Salzgitter to Deliver Low-CO2 Steel to BMW Group Plants in Europe
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:20 am
   
   From 2026, Salzgitter AG is to supply all European plants of the BMW Group with low CO2 steel. The companies have now concluded an agreement on series supply from the low-CO2 process route. Steel that will in future not be produced with fossil raw materials such as coal, but on the basis of hydrogen and green electricity, and which will therefore cause over 95% less CO2 emissions, makes a significant contribution to reducing CO2 emissions in the BMW Group's supplier network. This makes the BMW Group, whose press shops in Europe process more than half a million tons of steel per year, the first automobile manufacturer in the world to have signed such an agreement.
   
   With this move, the BMW Group is expanding its sourcing of low-carbon steel to two suppliers. The aim is to use low-carbon steel to meet over 40% of demand at its European plants by 2030, thereby reducing CO2 emissions by up to 400,000 tonnes per year.
   
   Salzgitter AG will offer its customers from the automotive, energy, industrial and household applications and the construction sector CO2-deliver low-impact, high-quality material solutions ready for series production from 2026. On the basis of the established electrified steel route in the Peine plant, the transformation to green steel is already being prepared for the individual customer in terms of process and series maturity.
   
   In order to massively reduce CO2 emissions in steel production, Salzgitter AG is gradually phasing out steel production as part of the transformation program SALCOS, SAlzgitter Low CO Steelmakings, witch to a hydrogen-based route. In contrast to previous processes with blast furnaces, hydrogen and green electricity replace the carbon previously required for steel production. Salzgitter AG plans to use this process to gradually reduce CO2 emissions in steel production to just five percent of the original emissions.
   
   The BMW Group and Salzgitter AG set up a closed material cycle for reusable steel from the BMW Group plant in Leipzig more than five years ago. After the plant has been supplied with steel coils, on the way back Salzgitter AG takes the steel to be recycled, such as that produced in the press shops when doors are punched out, and uses it for the production of new steel. We are now expanding this cooperation.
6. voda 2 februari 2022 07:30

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   SECL Stops Coal Supply to Sponge Iron Industries in Raigad
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:24 am
   
   IBC24 reported that Coal India Limited’s subsidiary South Eastern Coal Limited stopped coal supply to of Raigad district are in trouble due to the closure of coal supply to sponge in Raigad district4 days ago. After the discussion held two days ago with the state government, the government has withdrawn the written order not to supply coal, but till now there is confusion regarding the coal supply.
   
   Usually steel industries have a backup of coal for 10 days, which is now on the verge of being exhausted. In such a situation, the industries are moving towards a state of shut-down.
7. voda 2 februari 2022 07:30

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   Mr Amarendu Prakash Assumes Additional Charge of SAIL ISP & DSP
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:30 am
   
   PSU Connect reported that Steel Authority of India Limited’s Director In-Charge of Bokaro Steel Plant & Rourkela Steel Plant has assumed additional charge of Director In-Charge Burnpur & Durgapur Steel Plant. Mr Amarendu Prakash has been the Director In-charge of BSL since 28 September 2020. He has also been given the additional charge of RSP from 1 August 2021 onwards. Public Enterprises Selection Board has recommended Mr Brijendra Pratap Singh for the post of Director in-Charge of Bumpur and Durgapur Steel Plants. The earlier DSP CEO Mr AV Kamalakar retired from his post on 31 January 2022.
   
   Mr. Prakash, a B Tech in Metallurgy from BIT Sindri, is an accomplished technocrat and possesses over 28 years of experience, comprising 24 years in plant operations and 4 years at Chairman’s office in SAIL. He began his career at SAIL in the year 1991 with posting in Rolling Mills. During the long stint of 20 years in BSL, he mastered the art of steel rolling and finishing. He played a crucial role in timely completion of upgradation of Hot Strip Mill (HSM) in 1997 and 2007, implementation of ERP and six sigma certification in the HSM and was the driving force behind setting-up of technology hub to serve as a think-tank for research in hot rolling, coordinating patenting and copyright activities. Under his able leadership, patent on technical design of Reheating Furnaces was successfully filed.
   
   In the year 1999, he was conferred upon by SAIL the prestigious JAWAHAR AWARD for best young manager for his leadership qualities.
8. voda 2 februari 2022 07:30

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   MMK Celebrates 90 Fiery Years
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:33 am
   
   Flagship of the Russian ferrous metallurgy, the Magnitogorsk Iron and Steel Works, is 90 years old. On February 1, 1932, the first blast furnace in Magnitogorsk produced the first cast iron. This date became the birthday of the enterprise, which left a bright mark on the national history and today continues to make a significant contribution to the country's economy, meeting the needs of the basic sectors of Russian industry. For 90 years, the plant has produced 663 million tonnes of pig iron, 856 million tonnes of steel and 706 million tonnes of rolled products.
   
   Russian President Mr Vladimir Putin in a greeting message said “Your legendary enterprise has a rich history and glorious traditions. The selfless work of several generations created a flagship of national metals industry in Magnitogorsk. Since the first years of its operation, the enterprise manufactured top-quality goods that enjoyed high demand, and was instrumental in the country’s industrialization. During the Great Patriotic War, the enterprise supplied ammunition to the front without respite, provided defence factories with tank armour and made a weighty contribution to the Great Victory. Your enterprise actively introduces new equipment and technologies, attracts investment and helps strengthen Russia’s defence capability, as well as its key strategic economic sectors, including the energy industry, construction and engineering. And, of course, it is highly important that you devote great attention to environmental security and implement various principles of corporate social responsibility.”
   
   Over the past two decades, MMK has been implementing long-term technical re-equipment programs aimed at modernizing existing production facilities and building new capacities focused on the production of high-margin products. Over the years, modern high-performance complexes have been built at the plant, which have allowed the company to become a leader in the supply of metal products for the country's pipe industry, automotive and shipbuilding, and to take a leading position in the premium product market. In addition, MMK pays great attention to climate change issues and plans to reduce greenhouse gas emissions into the atmosphere to the level of 1.8 tons of CO2 equivalent per tonne of steel by 2025 - this will be facilitated, among other things, by the introduction of technology for using "syngas" (synthesis gas) that promotes decarbonization.
9. voda 2 februari 2022 07:33

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   Steel Industry Captains Welcome Budget 2022-23 Announcements
   
   Strategic Research Institute
   Published on :
   02 Feb, 2022, 5:37 am
   
   India’s Finance Minister M Nirmala Sitharaman has unveiled a bigger INR 39.45 lakh crore Budget, with higher spending on highways to affordable housing with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. Indian Steel Association President & AM/NS India CEO Mr Dilip Oommen said “It is a visionary budget that lays a blueprint for ‘Amrit Kaal’, supported by PM Gati Shakti Mission with multi-modal approach to boost transport & logistics. A significant increase of 35.4% in capital expenditure to Rs 7.50 lakh crore will also have a multiplier effect and provide impetus to drive growth, thus helping in steel demand creation. Increase in the domestic capital procurement budget for the Armed Forces’ equipment is yet another right step towards realising the Atmanirbhar Bharat mission. Focus on sustainability that emphasizes on socio-economic development along with the circular economy is a positive move.”
   
   Steel Authority of India Limited’s Chairperson Ms Soma Mondal said “ “The union budget for Financial Year 2022-23 holds promise for faster economic development putting the Indian economy on a still higher trajectory of growth. The budget envisages higher Public investment and capital spending by the Government. There is a direct focus on intensifying the infrastructure developmental activities through the PM Gati Shakti Programme with seven engines of growth, focus on Highways network, PM Awas Yojna in rural and urban areas, Har Ghar Nal Se Jal scheme, etc. The additional focus on the MSME sector will also trigger enhanced economic activities. These efforts are sure to have a positive impact on the overall economy and it augurs well for the steel sector.”
   
   Tata Steel CEO & MD's Mr TV Narendran said "It is heartening to note the government's sustained focus on infrastructure and increased public spending while staying committed to the fiscal discipline and stable policy regime. We welcome Budget 2022-23 and look forward to concerted implementation of the proposed reforms to ensure the benefits percolate across the economy. The increased allocation to infrastructure spends will certainly have a multiplier effect on the economy, generating employment opportunities across the country and creating demand across product categories, including steel.”
   
   Budget 2022-23 Snap Shot for Indian Steel Sector
   
   India’s Finance Minister announced in Budget 2022-23 that customs duty exemption given to steel scrap last year is being extended for another year and certain Anti- dumping and CVD on stainless steel and coated steel flat products, bars of alloy steel and high-speed steel are being revoked in larger public interest considering prevailing high prices of metals.
   
   1. Exemption hitherto available till 31.3.2022 is being extended up to 31.03.2023 for imports of iron and steel scrap, including stainless steel scrap
   
   2. Anti-Dumping duty is being permanently revoked on imports of Straight Length Bars and Rods of alloy-steel, originating in or exported from People's Republic of China imposed vide notification No 54/2018-Cus (ADD) dated 18.10.2018
   
   3. Anti-Dumping duty is being permanently revoked on imports of High Speed Steel of Non-Cobalt Grade, originating in or exported from Brazil. People's Republic of China and Germany, imposed vide notification No 38/2019-Cus (ADD) dated 25 09 2019
   
   4. Anti-Dumping duty is being permanently revoked on imports of Flat rolled product of steel, plated or coated with alloy of Aluminum or Zinc, originating in or exported from People's Republic of China. Vietnam and Korea imposed vide notification No 16 2020-Cus (ADD) dated 23.06.2020
   
   5. Countervailing duty is being permanently revoked on imports of Certain Hot Rolled and Cold Rolled Stainless Steel Flat Products, originating in or exported from People's Republic of China, imposed vide notification No 1/2017-Cus (CVD) dated 07.09.2017
   
   Budget 2022-23 Snap Shot for Infrastructure
   
   The government has enhanced the outlay for capital expenditure sharply by 35.4% from INR 5.54 lakh crore in the current year to INR 7.5 lakh crore in 2022-23. This is also an increase of more than 2.2 times the expenditure of 2019-20 and the outlay 2022-23 will be 2.9% of GDP. PM Gati Shakti is driven by 7 engines: roads, railways, airports, ports, mass transport, waterways & logistics infra.
   
   The National Highway network will be expanded by 25,000 kms in 2022-23
   
   2,000 km of rail network to be brought under the indigenous world-class technology KAWACH, for safety and capacity augmentation & 400 Vande Bharat trains with better efficiency to be brought in during the next 3 years
   
   INR 20000Cr to boost Transport Infra
   
   Implementation of Ken Betwa Linking project to be under taken
   
   100 PM Gati Shakti Cargo terminals to be developed during next 3 years

   Bijlage:
10. voda 2 februari 2022 09:39

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    Beursblik: Degroof Petercam verhoogt koersdoel Aperam
    Van 67,00 naar 70,00 euro.
    
    (ABM FN-Dow Jones) Degroof Petercam heeft woensdag het koersdoel voor Aperam verhoogd van 67,00 naar 70,00 euro bij handhaving van het koopadvies.
    
    Analist Frank Claassen noemde de waardering van Aperam aantrekkelijk, mede op basis van de lage multiples. De analist rekent op een sterke toekomst en verwacht dat een toekomstige marktdip niet meer zo fors zal zijn als in het verleden. "Of in andere woorden, de waardering weerspiegelt niet de structurele verbeteringen die in de roestvrijstaalsector zijn doorgevoerd en ook niet de verbeteringen bij Aperam zelf", aldus Claassen.
    
    De analist verhoogde het koersdoel op basis van de voorziene winsten in 2023.
    
    Het aandeel Aperam steeg woensdagochtend met 0,8 procent tot 52,34 euro.
    
    Door: ABM Financial News.
    
    info@abmfn.nl
    
    Redactie: +31(0)20 26 28 999
11. voda 3 februari 2022 06:06

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    Majestic Steel Hires Mr Sean Madigan as VP Sales & Manufacturing
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:15 am
    
    Cleveland Ohio US headquartered leading Steel Service Center Majestic Steel USA Inc announced the hire of Mr Sean Madigan as Vice President of Sales, Manufacturing. Mr Sean joins Majestic from Nucor, where he served as the Sales and Marketing Manager for Nucor Steel Arkansas. Mr Sean's experience with Nucor was integral to the startup of their new coating line and he will continue to be a critical part of the Majestic - Nucor partnership and other strategic supply relationships. Sean's responsibilities as a Vice President of Sales will include leading the commercial startup of Majestic's new, state of the art facility in Hickman in Arkansas to further expand Majestic's business in the manufacturing sector.
    
    Prior to Nucor, Mr Sean was Majestic Steel's Director of OEM and Service Center Sales. His experience also includes positions with the former AK Steel, now Cleveland Cliffs. Mr Sean holds a Bachelor's Degree in Marketing from Miami University.
    
    Majestic Steel USA, founded in 1979 and headquartered in Cleveland in Ohio, is a privately held and family owned distributor and processor of flat-rolled steel. Majestic serves its customers in manufacturing, construction, and distribution from its network of locations throughout North America.
12. voda 3 februari 2022 06:07

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    Haeger & Schmidt Logistics Opens Steel Logistics Hub in Duisburg
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:18 am
    
    The new trimodal steel logistics hub from Haeger & Schmidt Logistics will start operations on February 1, 2022. Located on the Steel Island in Duisburg, around 12 million euros were invested in the new building complex last year. Austrian Felbermayr Group, to which HSL belongs, Managing Owner DI Horst Felbermayr said "With the opening of this ultra-modern warehouse, we are further expanding our offer as a trimodal full -service logistics provider. This will enormously expand our options in the distribution of high-quality steel products. Together with our other multimodal port terminals in Krefeld, Linz and Vienna & Albern as well as the joint venture with PSA Breakbulk in Antwerp, which has existed since last year, this site expansion is also a significant expansion of our range of services.”
    
    Facilitiew
    
    Two half-train tracks, each with 210 meters of rails, lead into the hall for processing a block train, hall accessible for trucks
    
    9,000 square meter heatable hall
    
    Storage capacity of 60,000 tonnes
    
    Overhead crane with 40 tonnes load capacity
    
    Temperature control via underfloor heating
    
    Transport between the halls by coil ferry
    
    Truck yard with 6 ramps for fast handling including fast stuffing and stripping of containers
    
    7,300 square meter existing halls with water connection
    
    Truck forecourt with self-handling counter for trucks
13. voda 3 februari 2022 06:07

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    Tex-Isle is Leading Manufacturing of Green Steel Pipes in US
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:20 am
    
    Houston Texas US based leading manufacturer of oil country tubular goods, line pipe & standard pipe Tex-Isle Inc has announced the findings of a third-party assessment of the company's greenhouse gas emissions profile that revealed the company as a market leader in low-carbon and high ESG performance. The assessment, performed by Cornerstone, finds that Tex-Isle's sourcing of low-carbon steel and adoption of best practices, including the use of recycled steel, utilization of electric arc furnace technology, near 100 percent fully electric facilities, and close proximity to its raw material supplier and customers, position the company as a top industry performer. As a result of Tex-Isle's investments in being a low-carbon provider of steel products, the company's emissions performance significantly outperforms the industry average. Specifically, in 2019 the average CO2 emissions for steel production were 1.85 tons of CO2 per ton of crude steel cast. By comparison, the emissions associated with the final steel product that Tex-Isle delivered to its customers in 2019 range from 0.7 to 1.0 tons of CO2 per ton of produced pipe. The steel sourced for Tex-Isle's products was 0.46 tons of CO2 per ton of steel.
    
    Tex-Isle's commitment to best practices places it in the top quartile of steel pipe providers in terms of Scope 1 and Scope 2 emissions. The findings reflect Tex-Isle's recognition of the need to establish baseline performance, conduct continued monitoring, and constantly seek opportunities to implement improvements in the company's environmental profile in its efforts to be a leading manufacturer of steel pipe products made and melted in America.
    
    With the imminent opening of its new 350,000 ton per year capacity steel tubular mill in Robstown in Texas, Tex-Isle will soon manufacture a green, environmentally conscious steel pipe product in an otherwise traditionally carbon-intensive manufacturing process. Its environmental performance also benefits from its close proximity to its rolled steel supplier and its oil and gas customers along the Gulf Coast.
    
    Tex-Isle is a third generation, family-owned business, founded by Hans Kayem in 1959.
14. voda 3 februari 2022 06:08

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    EVRAZ Appoints Ms Maria Gordon to Board of Directors
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:23 am
    
    Russian steel maker EVRAZ has announces that board has approved following changes to the Board and its committees. Ms Maria Gordon will join the ?oard as an Independent Non-executive Director with effect from 1 February 2022and will also become a member of the Audit Committee and Sustainability Committee.
    
    Mr Aleksey Ivanov, who became Chief Executive Officer of EVRAZ on 1 September 2021, will be appointed an Executive Director of the Company with effect from 1 February 2022.
    
    Ms Gordon has over two-decade-long experience in equity and debt capital markets. She was Executive Vice President and EME Strategy at PIMCO from 2010 to 2014. Prior to that, from 1998 to 2010 she had been a Managing Director, Head of Emerging Markets Strategy at Goldman Sachs Asset Management. Ms Gordon’s current board appointments include NED positions at Detsky Mir, Polyus, TCS Group Holding PLC, Moscow Stock Exchange and Alrosa. Ms Gordon holds a Bachelor’s degree in Political Science from the University of Wisconsin and a Master’s degree in law and diplomacy from The Fletcher School of Law and Diplomacy at Tufts University.
    
    As previously advised, the Board asked Mr Karl Gruber and Sir Michael Peat to remain as Independent Non-executive Directors to assist the Board during the demerger of EVRAZ’ coal business. In line with the announced timetable, they are both expected to stand down as directors on 31 March 2022. Ms Deborah Gudgeon will, on 1 April 2022, take over from Sir Michael Peat as Senior Independent Director.
    
    Board committee changes
    
    Mr Alexander Frolov will be appointed a member of the Nominations Committee with effect from 1 February 2022
    
    Ms Maria Gordon will be appointed a member of the Audit Committee and the Sustainability Committee with effect from 1 February 2022
    
    Mr Aleksey Ivanov will be appointed a member of the Sustainability Committee with effect from 1 February 2022.
15. voda 3 februari 2022 06:08

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    SUSU & SMS to Research Digitalization of Processes at Magnitogorsk
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:26 am
    
    South Ural State University in partnership with SMS Group at the site of the Russian steel maker Magnitogorsk Iron and Steel Works will work out new technologies for the digitalization of metallurgical processes. This was announced by the rector of the university Mr Alexander Shestakov at a meeting with students dedicated to the opening of the student coworking loft space. He said “You can get a lot of competencies at our university. I have just returned from Magnitogorsk. There is an agreement with MMK and the world leader in the field of metallurgy, SMS Group, that SUSU will become an innovative platform for the development of digital, hydrogen technologies, as well as artificial intelligence technologies in metallurgy.”
    
    SUSU has the necessary competencies in the field of fundamental sciences, in particular, in physical and mathematical modeling of equipment and technological processes. The participation of university students and postgraduates in the development and implementation of new technologies will increase the scientific potential and, at the same time, prepare specialists who are competitive in the world market.
16. voda 3 februari 2022 06:09

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    AIC Robotic Tagging Station for Acindar’s Villa Finishing End Area
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:29 am
    
    ArcelorMittal Acindar and AIC team will integrate an automation robotic tagging station for the rolling mill finishing end area at the Villa Constitucion site in Argentina. Including an anthropomorphic 6-axis floor-mounted COMAU robot and equipped with different tools, each designed for a specific task, AIC solution is proven to enhance productivity, efficiency and manufacturing flexibility throughout the entire process. Leveraging AlC’s unparalleled expertise in robotics technologies, the artificial vision package embedded will identify the most suitable coordinates (nearby the center of the profile) for labelling and welding on the bundle tail. Moreover, exchanging data with PLC will be helpful in autonomously to decide the repositioning or any second welding, if tags will not fitted the set perimeter or will be missed. In the out-turn, product traceability and readability will be optimized, avoiding unnecessary manual operations, errors in tagging and plant shutdowns.
    
    A safer operating area will be insured by the safety logic with smart electric locks linked to the automation system. In fact, the goal in adopting this solution is to reduce risk factors to a large extent: robots can handle the most tedious and dangerous manufacturing applications to keep your workers safe, ensuring a short cycle time in a compact footprint. The first stages have been expected for Summer 2022 and it will be the first AIC robotic application for the South American market.
    
    Acindar Industria Argentina de Aceros SA is a steel company that produces long steel that supplies the civil construction, oil, energy, automotive, agricultural and industry sectors in general with the main goal of making steel more sustainable. With more than 75 years of history in the country, it has become a leader in its domestic market adding an international presence. Acindar also offers technical advisory services, along with cutting, bending and pre-assembling of steel parts according to the client's technical specifications. Acindar Argentina is a part of the ArcelorMittal Group, world leader in steel and mining production.
    
    Italian Automazioni Industriali Capitanio is a leading company that since 1975 designs and produces highest quality industrial automation systems all over the world, with the aim to continuously improve both efficiency, competitiveness and safety of the production processes.
17. voda 3 februari 2022 06:10

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    • voda

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    Boston Metal Expands Senior Leadership Team
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:31 am
    
    Woburn Massachusetts US based Boston Metal announced addition of Ms Fernanda Fenga & Mr Daniel Kuzmak to its senior leadership team as the company prepares for the commercialization of its revolutionary metals production technology. Ms Fenga will oversee human resources, financial operations, risk management, and legal affairs and Mr Kuzmak will strengthen the finance department as the company continues to scaleup operations and prepare for the commercialization of its ground-breaking process to decarbonize the production of steel and other metals. The new roles will enhance the company’s corporate and financial depth and are part of a rapidly expanding team that saw Mr Stephan Broek named Senior Vice President of Technology in late 2021.
    
    Ms Fernanda Fenga joins Boston Metal as Senior Vice President of Corporate, bringing over 20 years of executive experience in compliance, investor relations, government relations, and risk management in the metals and mining industry. Ms Fenga is a member of the Board of Directors at NioCorp Development Ltd and just prior to joining Boston Metal, she provided legal counsel services to a range of global enterprises.
    
    Mr Daniel Kuzmak fills an advisory role at the company, with a focus on financial operations. Mr Kuzmak comes to Boston Metal with more than four decades of corporate experience and has held senior roles in finance and operations at large public companies and privately held ventures.
    
    Boston Metal is a global metals technology solutions company that is commercializing molten oxide electrolysis, a patented tonnage metals production platform. MOE provides the metals industry with a more efficient, lower cost, and greener solution to produce a range of metals and alloys from a wide variety of feedstocks. Powered by renewable electricity, molten oxide electrolysis converts iron ore into liquid metal and oxygen. The modular, scalable platform produces no carbon emissions, is highly energy efficient, and works with a wide range of iron ore grades. Besides steel, the novel technology can also be used to manufacture other metal products. In 2021, the company closed an over-subscribed Series B funding round that saw intense interest from iron ore miners to steel end users, in addition to garnering reinvestments from all Series A participants, including Gates-backed Breakthrough Energy Ventures.
18. voda 3 februari 2022 06:15

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    • voda

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    Celsa France Chooses Tenova’s NextGen & iEAF Digital Platform
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:34 am
    
    Tenova subsidiary Tenova Goodfellow Inc has received an order from Celsa France, an EAF steel producer specialized in the production of steel billets from steel scrap, for the supply of one iEAF technology platform using the NextGen System for their 150 tonne scrap AC top charge furnace in Boucau in France. The scope of supply will include Tenova’s state-of-the-art NextGen hardware for upstream off-gas measurement, which is the first critical step that enables all software solutions, including Mass & Energy balance that is needed for achieving Net Energy and Melting-percent Control with iEAF technology. Also included is optical temperature and velocity measurement, HMI for process data, and optimization support.
    
    Engineering, installation and commissioning of Tenova’s Digital Platform technologies is scheduled for late spring 2022.
    
    This order from Celsa France represents the third NextGen system to be installed in Europe, one of the over 15 systems installed worldwide.
19. voda 3 februari 2022 06:16

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    NLMK Simplifies Procurement Process Using Robotics
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:36 am
    
    Russian steel maker NLMK Group has automated the process of standard tender procedures for purchasing the necessary equipment, spare parts, tools and other categories of goods. The digital assistant robot will automatically carry out up to 4,000 competitive procedures per year and will allow supply staff to save up to 3,000 hours per year to work on priority tasks and projects. The digital service collects the company's needs for the purchase of various goods in a single system, creates competitions in the SAP SRM system, sends the necessary information to participants in tenders and other competitive procedures, calculates and requests discounts.
    
    Automation of procurement processes is a necessary condition for maintaining competitiveness. NLMK Group was one of the first in Russia to implement the SAP Ariba Sourcing digital solution for equipment procurement management and continues to digitalize procurement & the introduction of a system of coordination and data exchange with suppliers in near future.
20. voda 3 februari 2022 06:16

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    • voda

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    Salzgitter Presents New Strategy "Salzgitter AG 2030"
    
    Strategic Research Institute
    Published on :
    03 Feb, 2022, 5:36 am
    
    German steel maker Salzgitter AG has presented its new strategy "Salzgitter AG 2030". The aim is to establish the group as an independent market leader for circular economy solutions with innovative products and processes. This can only succeed with strong partners and networks. Therefore, closed value streams and value chains are established in cooperation with customers and suppliers. Salzgitter AG is committed to binding, science-based CO2 reduction targets and joins the Science Based Targets Initiative.
    
    In a first step, Salzgitter has defined the following goals that it wants to achieve by 2030:
    
    1. Reduction of Scope 1 and 2 CO2 emissions by more than 50% compared to 2018 - Electricity is purchased exclusively from renewable sources and where it makes sense also from our own production, in order to make the continued energy-intensive manufacture of the products as climate-neutral as possible.
    
    2. Expansion of scrap recycling activities by more than 50% to over 3 million tonnes per year.
    
    A key element of the new strategy is the significantly accelerated decarbonization as part of SALCOS. The Salzgitter Group is thus underlining its role as a frontrunner in low-CO2 steel production: the first blast furnace is to be replaced by direct reduction plants and electric furnaces as early as 2025. In 2026, the production of more than 1 million tons of green steel is planned via this route. As early as 2033 and thus 12 years earlier than originally announced, the integrated iron and steel works should be fully geared to the new world.
    
    The strategic realignment is accompanied and visualized by a group-wide brand relaunch. In the course of this, the corporate design was revised and Salzgitter AG received a further developed logo as the most visible component of this comprehensive process.