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1. voda 16 februari 2022 07:00

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   Doosan Heavy to Build Casting & Forging Facility in Saudi Arabia
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:32 am
   
   South Korean Doosan Heavy Industries & Construction has signed an EPC contract valued to be KRW 1 trillion with it Saudi JV Tuwaiq Casting & Forging for building a casting & forging facility. The new facility is to be built at the King Salman International Maritime Industries Complex, which is located near Jubail in the Eastern Province of Saudi Arabia. As the facility will have an area size of 400,000 square meters and the capacity to produce 60 thousand tonnes of castings and forgings per year, once built it will be Saudi Arabia’s largest casting & forging facility. The construction of the facility is to commence this year and is slated to be completed by the first quarter of 2025.
   
   The main products to be produced at the facility are the castings and forgings that go into the pumps and valves of petrochemical plants and those used on equipment for shipbuilding and offshore plants. The long term plan is to further expand the scope to include castings and forgings for wind farms and power plants.
   
   Tuwaiq Casting & Forging is a joint venture between the Saudi Arabian Industrial Investments Company Dussur, Saudi Aramco’s wholly-owned subsidiary Saudi Aramco Development Company and Doosan.
2. voda 16 februari 2022 07:01

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   OMK Develops 2-Layer Coating for Underground Trunk Pipelines
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:35 am
   
   Russian pipe maker United Metallurgical Company has developed production of large-diameter pipes with an innovative two-layer epoxy coating for anti-corrosion protection of underground main pipelines. Products were manufactured by order of Transneft at the Vyksa OMK plant in the Nizhny Novgorod Region in Russia. The pipes have already been delivered to the customer's facility for construction and installation work and further testing at the pilot section of the Kuibyshev-Unecha-Mozyr-1 oil pipeline.
   
   The technology for applying an innovative coating to pipes at the OMK plant was developed and mastered by specialists from the OMK Engineering and Technology Center in Vyksa together with the Transneft Research Institute. The new coating is planned to be used as an alternative to three-layer polyethylene insulation. Conducted laboratory studies have confirmed the reliability of epoxy coatings and their advantages over polyethylene ones. In particular, they are more resistant to UV radiation and high temperatures of up to 80 degree Celsius. In addition, the production of raw materials for epoxy powder coatings is localized in Russia, due to which the cost of the final product may be more profitable compared to pipes with polyethylene insulation.
3. voda 16 februari 2022 07:01

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   US DOC Finds 7.46% Dumping Margin on Wire Rod Imports from POSCO
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:38 am
   
   US Department of Commerce has determined that POSCO, the sole producer and exporter subject of review, made sales of subject merchandise at less than normal value during the period of review, May 1, 2019, through April 30, 2020. Accordingly, US Department of Commerce determined that 7.46% weighted-average dumping margin existed for the period May 1, 2019, through April 30, 2020:
   
   The scope of the Order includes certain hot-rolled products of carbon steel and alloy steel, in coils, of approximately round cross section, less than 19.00 mm in actual solid cross-sectional diameter. Grade 1078 and higher tire cord quality wire rod used in the production of tire cord wire are excluded.
4. voda 16 februari 2022 07:08

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   Aramco Awards another Pipes Supply Contract to Saudi Steel Pipe
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:41 am
   
   Saudi Steel PipNe Co has secured a deal worth SAR 80.6 million (USD 21.5 million) for the supply of steel pipes to oil giant Aramco. The contract will be valid for 18 months. Saudi oil giant Aramco has awarded several pipe contracts to Saudi Steel Pipe in last 3 months
   
   February 2022 – SAR 87 million
   
   January 2022 - SAR 268 million
   
   November 2021 - SAR 190 million
   
   November 2021 - SAR 305 million
   
   Total – SAR 850 million (USD 226 million)
   
   Riyadh based Arabian Pipes Co manufactures welded steel pipes for Oil and Gas, Structural and commercial utilization with sizes range from 6 to 48 inch. The company owns and operates two factories, the first plant in Riyadh with average capacity of 160 thousand tonne per year of ERW pipes with sizes range from 6 to 20 inch and the second plant in Jubail industrial city with average capacity of 300 thousand tonne per year of LSAW pipes with sizes range from 16 to 48 inch to reach a total average capacity to 460 thousand tonne per year. Also the company has threading line for casing pipes, a coating facility and slitting line for steel coils.
5. voda 16 februari 2022 07:08

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   HKM Grants FAC for 2 Ladle Treatment Stands to Primetals
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:44 am
   
   German steel producer Hüttenwerke Krupp Mannesmann GmbH has granted Primetals Technologies final acceptance for two new ladle-treatment stands. The plants were built at the BOF steel plant at the Duisburg-Huckingen site. The heating stands are designed for 5.2 million tonnes of liquid steel per year in fully automated operation and are therefore well prepared for further digitalization. The use of copper-clad lids increases service life and ensures the quality of the produced steel. LiquiRob systems manage tasks such as temperature measurement and sampling which were carried out manually in the past, thus increasing operational safety. The installation of the new ladle-treatment stands reduces operating costs in the steel plant. In addition, the phosphorus content of the melts can be reduced and higher alloying percentages are now a possibility.
   
   Primetals Technologies designed, supplied, and installed two 285-tonne ladle-treatment stands for the BOF steel plant. The plants are designed as electric arc treatment and will be able to handle all melts produced in the two converters without exception. The resulting capacity of 5.2 million tonnes per year requires very high availability of the ladle treatment stands. This is reached thanks to high-quality copper-clad lids and a high-performance high-current system. Energy is supplied by the steel operations own power plant, which converts the blast-furnace top gas and coke gas into electricity. Both heating stands are equipped with a fully automatic temperature and sampling manipulator (LiquiRob). The purging gas systems are coupled automatically.
   
   The main tasks of the ladle-treatment stands are as follows: reducing refractory consumption of the converters by lowering tapping temperature by up to 50°C; reducing phosphorus content in the steel; producing melts that necessitate a higher degree of alloying; increasing the optional use of pig iron or scrap in steelmaking; optimizing the use of lime; and reducing the amount of slag. The furnace transformers for the electrical supply of the treatment stands as well as the electrical, automation, and control systems are also within the scope of supply. The arrangement of the ladle-treatment stands directly in the production line behind the converters and the extremely limited space available in this area of the steel plant required a complex layout with special portal design. Primetals Technologies was responsible not only for the process equipment but also for installation and commissioning.
   
   Hüttenwerke Krupp Mannesmann GmbH operates an integrated steel mill at its Duisburg Huckingen site. The steel mill is divided into the port, sinter plant, coke plant, blast furnace plant with two blast furnaces, and LD converter steel mill with two converters. In addition, VD plants and two round continuous casters and three slab casters are used in the steelmaking plant. HKM produces over 1.800 different steel grades. With a production capacity of 5.6 million tonnes per year of slab and round bars.
6. voda 16 februari 2022 07:11

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   Aperam Closes Record Year with Successful Entry into Recycling
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:46 am
   
   Stainless steel giant Aperam announced that Sales for the year ended December 31, 2021 increased by 40.8%, at EUR 5,102 million compared to EUR 3,624 million for the year ended December 31, 2020, mainly due to higher shipments and higher prices. Steel shipments in 2021 increased by 8.5% at 1,819 thousand tonnes compared to 1,677 thousand tonnes in 2020. Aperam CEO Mr Timoteo Di Maulo said “In the fourth quarter we realized the fourth record results in a row. This is a reflection of the positive market environment, but also proof of the substantial improvements that we have realized over the past years. We have opened the next chapter in Aperam's transformation with the acquisition of ELG, a leading recycling company for stainless steel scrap and superalloys. Looking ahead, our long order book signals a good first half. This allows us to invest in realizing Aperam's growth & improvement strategy to 2025 and sustaining attractive shareholder returns at the same time."
   
   Aperam had an operating income for the year ended December 31, 2021 of EUR 1,042 million compared to an operating income of EUR 199 million for the year ended December 31, 2020.
   
   EBITDA reached EUR 1,186 million for the year ended December 31, 2021, compared to EUR 343 million for the year ended December 31, 2020
   
   Net income of EUR 968 million in 2021, compared to EUR 175 million in 2020
7. voda 16 februari 2022 07:18

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   Mr Lee Joo-sung Named as President & CEO of SeAH Steel Holdings
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:48 am
   
   South Korean steel pipe maker SeAH Group announced that Mr Lee Joo-sung as its new President & CEO, effective Januaru 02, 2022. Previously, Mr Lee served as Senior Executive Vice President, overseeing strategic planning, new business development, human resource development, finance and production. Known as a clear-headed and transparent manager with a keen grasp of future opportunities, Lee helped guide the company to record earnings in 2021, positioning him to lead SeAH Steel Holdings.
   
   As Senior Vice President, Mr Lee has combined his experience in financial institutions with his deep understanding of the steel industry, working to increase SeAH Steel’s competitive advantage in a global age. In 2020 and 2021, Mr Lee led the company’s MOU and investment of 400 billion won to build the world’s largest monopile production facility for wind power in the United Kingdom. The facility in Able Marine Energy Park, located south of the Humber River in North Lincolnshire, will handle 160,000 tonnes of monopile production annually. The company expects to deliver concrete business results from this investment, made through SeAH Wind, a wholly-owned subsidiary of SeAH Steel Holdings, and will break ground on the plant in early 2023.
   
   After high school in Switzerland and education in the United States at the University of Chicago and Colombia University, where he obtained his MBA, Mr Lee’s competency took him to Accenture and Merrill Lynch, where he further developed his expertise in M&A transactions, management consulting and strategy.
8. voda 16 februari 2022 07:19

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   Bradken Director Fudged Steel Test Reports for Navy Submarines
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:50 am
   
   US Department of Justice announced that the former Director of Metallurgy at Bradken Inc Ms Elaine Thomas is sentenced in US District Court in Tacoma to 30 months in prison, and a USD 50,000 fine, for falsifying test results that measure the strength and toughness of steel that Bradken sold for installation in US Navy submarines. US Attorney Mr Nick Brown said “For 32 years, Elaine Thomas betrayed the trust of the United States Navy, knowingly placing its sailors and military operations at risk. She falsely stated that steel Bradken produced met critical specifications– standards developed to keep our military personnel safe– and allowed inferior steel to go to Navy subs in half the orders she reviewed.”
   
   Ms Elaine Thomas, 67, of Auburn in Washington pleaded guilty on 8 November 2021, to major fraud against the United States. Ms Elaine Thomas, as Director of Metallurgy, falsified test results to hide the fact that the steel had failed the tests. Thomas falsified results for over 240 productions of steel, which represents about half the castings Bradken produced for the Navy.
   
   According to records filed in the case, Bradken is the US Navy’s leading supplier of high-yield steel castings for naval submarines. Bradken’s Tacoma foundry produces castings that prime contractors use to fabricate submarine hulls. The Navy requires that the steel meets certain standards for strength and toughness to ensure that it does not fail under certain circumstances, such as a collision. For 30 years, the Tacoma foundry, which was previously known as Atlas, and acquired by Bradken in 2008, produced castings, many of which had failed lab tests and did not meet the Navy’s standards.
   
   Court filings indicate there is no evidence that Bradken’s management was aware of the fraud until May 2017 when a lab employee discovered that test cards had been altered and that other discrepancies existed in Bradken’s records. In April 2020, Bradken entered into a deferred prosecution agreement, accepting responsibility for the offense and agreeing to take remedial measures. Bradken also entered into a civil settlement, paying USD 10.896 million to resolve allegations that the foundry produced and sold substandard steel components for installation on US Navy submarines.
   
   The Navy has taken extensive steps to ensure the safe operation of 30 affected submarines. Those measures will result in increased costs and maintenance as some of the substandard parts is monitored. To date, the Navy says it has spent nearly USD 14 million including 50,000 hours of engineering work to assess the parts and risk to the submarines.
9. voda 16 februari 2022 07:19

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   Surya Roshni Report Record Performance in Q3 & 9M of 2021-22
   
   Strategic Research Institute
   Published on :
   16 Feb, 2022, 4:53 am
   
   India’s leading producer & exporter of ERW pipes Surya Roshni Limited has clocked resilient performance in its financial results for Q3 2022 and nine months ended 31 December 2021, driven by steel pipe business. In the Steel Pipes and Strips Business, the company witnessed a growth of 37% YoY in revenue, driven by higher steel prices and a consistent increased share of margin accretive API pipes and exports. There has been a substantial 40% volume growth registered in value-added products and markets, including API & spiral pipes, actual users and exports.
   
   The company witnessed a strong export order book at 32,000 tonnes as of 31st December 2021, whereas the API coated pipes order book stood at 50,000 tonnes during the same period. Going forward, the focus remains on increasing the share of value-added products like GI pipes, API coated pipes and exports in steel pipes and strips.
   
   The company commissioned a large-dia section pipe facility with Direct Forming Technology at Gwalior by the end of FY22. It is targeting a healthy revenue mix from Domestic and Exports markets.
10. voda 16 februari 2022 07:19

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    ArcelorMittal South Africa Reports Record Results for 2021
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 4:55 am
    
    Despite the volatility from the ongoing repercussions of Covid-19 and its variants, ArcelorMittal South Africa recorded its highest annual EBITDA of ZAR 8,569 million and headline earnings of ZAR 6,860 million since 2008. Operating profit increased substantially from a loss of ZAR 963 million in 2020 to a profit of ZAR 7,976 million. The headline earnings of ZAR 6,860 million recovered strongly from a loss of ZAR 2,033 million. ArcelorMittal South Africa CEO Mr Kobus Verster said “These results were far from effortless and were achieved through the significant efforts of employees and service providers to overcome several obstacles throughout the year, which included
    
    1. Ramping-up production and restoring stability after the restart of operations in late 2020 and early 2021 and after interruptions due to disappointing and unacceptable safety incidents
    
    2. Adverse impact of the civil unrest and the spill-over effects of the paralyzing labor strike in the downstream industry, necessitating rapid rebalancing of dispatches to export markets
    
    3. Unreliable electricity supply at both generator and local municipal distribution levels, and worsening rail logistics services aggravated by significant fire damage at Transnet's Richards Bay facility
    
    4. Extreme volatility in international coking coal prices in the second half of 2021.
    
    ArcelorMittal South Africa's average capacity utilization increased from 42% in 2020 to 60% in 2021 and is currently at 79%. The company's crude steel production increased by 34%, or 769,000 tonnes, from 2,2 million tonnes to 3.0 million tonnes in 2021.
    
    ArcelorMittal South Africa's total sales volumes increased by 13%, or 284,000 tonnes, to 2.5 million tonnes compared to 2020, due to a 16% rise in domestic sales to 2.2 million while exports decreased by 5% to 302,000 tonnes. The regional mix of exports improved significantly with Africa Overland customers at 218,000 tonnes, representing a 47% increase.
    
    The company's overall realised steel price in dollars increased by 62%. In rand terms, these realised steel prices increased by 47% as the average dollar/rand exchange rates strengthened by 10%.
    
    Headquartered in Vanderbijlpark in Gauteng, ArcelorMittal South Africa is the largest steel producer on the African continent, with a production capacity, in a normal year, of 7 million tonnes of liquid steel per annum, after taking into account various yield factors, amounts to approximately 4.8 million tonnes of saleable steel products. The company supplies over 61% of the steel used in South Africa and exports the rest to sub-Saharan Africa and elsewhere. Its operations are 1. Vanderbijlpark Works
    
    2. Long Steel Products
    
    3. Tubular Works
    
    4. Coke & Chemicals
    
    5. Production Processes
11. voda 16 februari 2022 07:23

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    Hoa Phat Reports 5% YoY Surge in January Crude Steel Production
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 4:58 am
    
    Vietnamese steel giant Hoa Phat Group achieved a crude steel production output of 707,000 tonnes in January 2022, up 5% YoY while sales volume reached 631,000 tonnes, including construction steel, steel billet, hot rolled coil. In which, construction steel accounted for 382,000 tons, two times higher than the corresponding period of 2020. Hot rolled coil also recorded a high volume of 228,000 tonnes.
    
    Hoa Phat’s construction steel production increased sharply in the domestic market due to increased demand for civil construction and projects before Tet (Lunar New Year). The South and Central regions had the strongest growth, 2 and 3 times increases respectively over the same period of 2020. By meeting the strict standards of UK Cares, JIS of Japan, ASTM of USA & BS of UK, Hoa Phat’s high quality construction steel continues to receive large orders in the international market. Construction steel export volume in January reached 116,000 tons, 3 times higher than the same period in 2021. The main export markets include Singapore, Hong Kong, Canada, Japan, South Korea & Cambodia.
    
    The market demand for hot rolled coil products has been increasing day by day. Every month, domestic customers offer to buy more than 300,000 tonnes of HRC. However, at maximum capacity, Hoa Phat Group can only meet the output of about 250,000 tonnes. Hoa Phat receives orders from the US, Canada, Mexico, Italy, Germany, South Korea, Indonesia, etc. However, Hoa Phat's output is not enough to meet the market's demand.
    
    Downstream steel products such as prestressed steel, steel pipes, galvanized steel, and wire drawn steel have also been positively given attention in the market, of which galvanized steel recorded a growth of 68% YoY increase.
    
    Hoa Phat's crude steel capacity is currently more than 8 million tonnes a year including 5 million tonnes of construction steel and 3 million tonnes of HRC. Hoa Phat Group is promoting the implementation of the Hoa Phat Dung Quat 2 Steel Integrated Complex project, focusing on producing hot rolled steel coil with a capacity of 5.6 million tonnes a year. It is expected that when the project comes into operation in 2025, Hoa Phat's steel production capacity will reach about 14 million tonnes a year, including 8.6 million tonnes of HRC.
12. voda 16 februari 2022 07:28

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    Slovenian SIJ Group Steel Secures Funds for Decarbonization Plans
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:02 am
    
    A syndicate of nine foreign and domestic banks led by Nova Ljubljanska banka Ljubljana as the arranger & agent signed a new seven-year syndicated contract worth EUR 230 million with two largest companies of the SIJ Group SIJ Acroni and SIJ Metal Ravne in order to refinance the existing portfolio of loans, obtain new liquidity reserves for the long-term development of the SIJ Group and finance the investments aimed at improving environmental efficiency. In line with the SIJ’s strategy until 2025, the SIJ Group’s investment projects are focused on increasing the efficiency of production and sustainable development, particularly environmental projects, operating in accordance with the principles of circular economy and energy efficiency.
    
    In addition to NLB, Nova Kreditna banka Maribor, SID Slovenska izvozna in razvojna banka Ljubljana, SKB banka jubljana, Erste Group Bank AG, Banka Sparkasse, Banka Intesa Sanpaolo., UniCredit Banka Slovenija and European Bank for Reconstruction and Development also participated in the syndicate, which is an important indicator of the banks’ trust in the operations and orientation of the SIJ Group towards a sustainable economic growth. The EBRD’s participation in the loan is EUR 25 million for the support of the SIJ Group’s projects that will additionally reduce its impact on the environment.
    
    Ljubljana Slovenija headquartered SIJ Group is the largest vertically integrated steel producer in Slovenia and a leading Slovenian exporter with a strong presence in the international markets. SIJ Group already has one of the lowest carbon footprints in the steel industry globally, manufactures its products from 100% recyclable steel scrap and is aligned with the EU Taxonomy. SIJ Group consists of five divisions
    
    1. Steel Division (two of the largest Slovenian steel mills, SIJ Acroni and SIJ Metal Ravne)
    
    2. Manufacturing Division (SIJ Ravne Systems, SIJ Elektrode Jesenice, SIJ SUZ companies)
    
    3. Distribution and Processing Division (Slovenian, EU, and USA markets)
    
    4. Scrap Division (Slovenia and South-Eastern Europe)
    
    5. Headquarter & Other Services
    
    The key production programs include high-quality steel products, such as:
    
    Stainless steels (heavy plates)
    
    Alloy tool steels (rolled and forged products)
    
    Special steels (high-strength and wear-resistant)
    
    Non-oriented electrical steels
13. voda 16 februari 2022 07:29

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    NMDC to Begin Nagarnar Iron & Steel Plant in July
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:16 am
    
    Indian iron ore producer NMDC' is expected to begin operations of 3 million tonnes per year Nagarnar Iron & Steel Plant in Chhattisgarh from July 2022. NMDC's Director Finance Mr Amitava Mukherjee said "We have started the coke oven heating process in the steel plant and we are expecting production from the coke oven maybe by the end of March or beginning of April. We will roll out finished product from July.”
    
    According to earlier media reports, the timeline of commissioning is as under
    
    1. Coke Oven Battery 1 Heating – Jan’22
    
    2. Coke Oven Battery 2 Heating – Feb’22
    
    3. Sinter Plant – Mar’22
    
    4. Coke Oven Production –Apr’22
    
    5. Sinter Plant Trial – May’22
    
    6. Blast Furnace Blowing – Jun’22
    
    7. HSM Commissioning – Jul’22
    
    Public-sector consultancy Mecon is monitoring the overall commissioning and operation of the plant.
14. voda 16 februari 2022 07:30

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    Invitalia Launches DRI d'ltalia to Decarbonization Italian Steel
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:18 am
    
    Italian Ministry of Economy & Finance’s national development agency Invitalia has announced the creation of a wholly-owned subsidiary DRI d'ltalia Spa that will have the goal of building the first direct r educed iron plant in Italy, a decisive step to relaunch & reconvert, in a green key, the Italian steel sector in line with the strategy of EU Commission of guaranteeing zero emissions by 2050.Italy thus aligns itself with the other European countries that are leading the transition towards carbon neutrality of steel such as Sweden, Germany and France, where pre-reduced production plants are being designed. No indications were provided on where the new plants could be built.
    
    DRI d'ltalia will start its business by carrying out feasibility studies from an industrial, environmental, economic and financial point of view, for the design, construction and management of pre-reduced production plants. The company has an initial share capital of EUR 35 million, through funds assigned by the Ministry of Economy and Finance. The capital may be increased, even in several solutions, in relation to the evolution of the progress of the activities, up to EUR 70 million.
    
    DRI d'ltalia board includes Mr Franco Bernabè as Chairman, Mr Stefano Cao as CEO and Mr Ernesto Somma, Ms Tiziana de Luca and Ms Paola Bologna.
    
    Currently, Invitalia is still engaged in due diligence for taking a stake in JSW Steel Italy. Invitalia has been running Acciaierie d'ltalia, formerly known as llva, since April 2021, through a public-private partnership with ArcelorMittal.
15. voda 16 februari 2022 07:31

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    POSCO Confirms Conversion to Holding Company Structure
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:23 am
    
    POSCO held an extraordinary general meeting of stockholders at the POSCO Center in Seoul on January 28 and passed a bill to convert to a holding company structure. In this meeting, 75.6% of stockholders based on the number of stocks with voting rights exercised their vote and the motion passed with 89.2% of the stockholders present. POSCO Group CEO Mr Jeong-Woo Choi said “We thank the stockholders at home and abroad. We will make our best efforts for the continuous growth and improvement of stockholder value. It is necessary to convert to the holding company structure for the group’s balanced growth and improvement of corporate value in the rapidly changing management environment such as the paradigm shift to the low-carbon, eco-friendly era, acceleration of technical innovation, and enhancement of ESG management.”
    
    POSCO Holdings Inc, the holding company, will be launched as a listed company on March 2 and help the development of the group’s future portfolio, reorganization of the group’s businesses and securing of synergy, and lead the overall ESG management of the group.
    
    The steel business company that will be established after the physical division will operate a steel production and sales business as a non-listed company that is a 100% subsidiary of the holding company, and retain the company name POSCO.
    
    POSCO Group plans to break from its existing steel-centered company image, build a balanced growth system by improving the competitiveness of each business with the holding company at the center and creating synergy by selecting steel, secondary battery materials, lithium, nickel, hydrogen, energy, construction & infrastructure, food, etc as core foundation businesses of the group and enhancing the development and fostering of new future business, thereby advancing as an environmentally friendly future material group that leads the sustainable future of mankind.
16. voda 16 februari 2022 07:36

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    ArcelorMittal Hamilton Decarbonization Project Confirmed with Aid
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:26 am
    
    ArcelorMittal has confirmed with the Government of Ontario its plan for CAD 1.8 billion investment in decarbonization technologies at ArcelorMittal Dofasco’s plant in Hamilton in Canada. As announced in July, 2021, the investment will reduce annual CO2?emissions at ArcelorMittal’s Hamilton operations by approximately 3 million tonnes, which represents approximately 60% of emissions. This means the Hamilton plant will transition away from the blast furnace-basic oxygen furnace steelmaking production route to the Direct Reduced Iron Electric Arc Furnace production route, which carries a significantly lower carbon footprint. The new manufacturing processes contribute to a considerable reduction of CO2?emissions and deliver other positive environmental impacts including the elimination of emissions and flaring from coke making and iron making operations. The project is scheduled to be complete by 2028, although the Company is looking for opportunities to accelerate the project timelines.
    
    The investment was contingent on support from the governments of Canada and Ontario. In July 2021 the Government of Canada announced it will invest CAD 400 million in the project and today, the Government of Ontario announced it will invest CAD 500 million in the project. This secures project funding and firms up the investment.
    
    At the heart of the plan are a 2.5 million tonne capacity DRI facility and an EAF facility capable of producing 2.4 million tonnes of high-quality steel through its existing secondary metallurgy and secondary casting facilities. Modification of the existing EAF facility and continuous casters will also be undertaken to align productivity, quality and energy capabilities between all assets in the new footprint.
    
    This new production route for ArcelorMittal Dofasco will provide a technically advanced manufacturing environment for operations, maintenance, and technology staff to work in, with improved health and safety. New positions, training, and development will be provided for employees moving from existing business units to new assets, with approximately 160,000 training hours required.
17. voda 16 februari 2022 07:36

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    • voda

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    H2Stahl Project to Start at Duisburg Site of thyssenkrupp Steel
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:34 am
    
    The energy transition that has been granted funding in the amount of EUR 37 million by the German Federal Ministry for Economic Affairs and Climate Action will be implemented by launching the H2Stahl project in Duisburg, the consortium member thyssenkrupp Steel, Air Liquide Deutschland & project coordination VDEh Betriebsforschungsinstitut BFI have now set the course for the first steps. The tasks at hand are the expansion of the use of hydrogen to the entire blast furnace 9, including the construction of a pipeline for testing the large-scale industrial use of hydrogen in steelmaking, as well as the construction and trial operation of a direct reduction pilot plant which will mark the technological leap to hydrogen-based climate-neutral hot metal production. The entire cost of the project to be implemented within a five-year period amounts to a high double-digit million figure.
    
    On November 11, 2019, thyssenkrupp Steel was the first company globally to inject hydrogen into a blast furnace during operation. Hydrogen replaces pulverized coal as additional reducing agent. The goal is to reduce CO2 emissions for unlike carbon, hydrogen does not react in the blast furnace to form CO2, but water. The first series of tests funded by the Ministry of Economic Affairs of North Rhine-Westphalia performed on one tuyere of blast furnace 9 in Duisburg was successfully completed. The focus of the project was in particular to gain knowledge about the plant technology when using hydrogen.
    
    Within the scope of the real-world laboratory H2Stahl funded by the Federal Ministry for Economic Affairs and Climate Action, the use of hydrogen will now be expanded to all 28 tuyeres of the blast furnace. The objective of the research is – amongst others – investigating the influence of the industrial use of hydrogen on the metallurgical processes in the blast furnace and determining parameters for the efficient use of reducing agents. The overall aim is to establish the use of hydrogen as bridging technology for the technical CO2 reduction in existing blast furnaces. Provided that sufficient quantities of green hydrogen are available, CO2 emissions can be reduced by up to 20 percent on one plant. The funding is based on the conviction that on the road to the transformation of the energy system the large-scale industrial use of hydrogen will help make the German steel industry not only climate-friendly, but also competitive in the future.
    
    Along with the expansion of the use of hydrogen to all 28 tuyeres of blast furnace 9, the internal infrastructure of the plant will be prepared for the large-scale industrial supply with hydrogen. This includes also the link to the existing hydrogen infrastructure of Air Liquide. To secure the continuous hydrogen supply of the blast furnace, the project partner Air Liquide will build an about six kilometers long pipeline linking the steel plant in Duisburg with Air Liquide’s production network. Gilles Le Van, Vice-President Large Industries and Energy Transition Air Liquide Central Europe: “By using hydrogen at Europe's largest steel site in Duisburg, thyssenkrupp and Air Liquide are advancing the decarbonization of steel production. It is a great pleasure for Air Liquide to contribute its know-how thus helping to reconcile effective climate protection and international competitiveness in steel production”.
    
    As part of the H2Stahl project, a direct reduction pilot plant will also be built in order to prepare the technology changeover from the conventional blast furnace route to the hydrogen-based direct reduction process. The use of hydrogen-containing process gases in combination with natural gas and pure hydrogen is to be tested in the new plant to be designed, which will be operated and scientifically supervised by BFI. Aside from the commonly used feedstock for direct reduction plants, other materials containing iron oxide, including potentially suitable waste materials, will be used. The direct reduction pilot plant will be equipped with additional measurement equipment enabling scientific evaluation. The tests in the direct reduction pilot plant will be accompanied by modeling and special studies in the Technical Center of BFI. The planned research work will focus on the investigation into the reduction processes and process parameters in order to ensure the smooth transition to the future large-scale plants.
18. voda 16 februari 2022 07:38

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    • voda

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    US Preparing Funding Plans for Green Hydrogen for Decarbonization
    
    Strategic Research Institute
    Published on :
    16 Feb, 2022, 5:35 am
    
    US Energy Department is taking steps to distribute billions of dollars from last year's USD 1 trillion infrastructure law to support hydrogen production and reduce carbon emissions related to heavy industry. The US Energy Department has launched a public input process to guide how it should spend up to USD 9.5 billion the 2021 infrastructure law set aside for funding clean hydrogen projects over the next five fiscal years. The US Transportation Department is separately working on an effort to encourage federal transportation projects to make use of low-carbon concrete, asphalt and other construction materials.
    
    The hydrogen funding in the infrastructure law consists of USD 8 billion to support the building of regional hubs for hydrogen, USD 1 billion for cost-efficiency improvements in making hydrogen with electricity and USD 500 million for manufacturing and reuse of hydrogen equipment components. The infrastructure law seeks to support clean hydrogen, such as hydrogen produced from renewable power or that can capture carbon emissions. The Energy Department has released requests for information that it will use to guide its funding.
    
    The low-carbon construction effort is managed by the Transportation Department, which is starting a pilot project to use low-carbon materials in federal transportation projects. The General Services Administration is also seeking information on low-carbon concrete and asphalt that it will use for port projects funded under the infrastructure law.
    
    Emissions from the US heavy industrial sector must be reduced to protect communities and help meet the Biden administration’s goal of cutting carbon pollution nationwide from all key sources 50-52% by 2030. The injection of billions of dollars in funding will encourage the innovations needed to cut emissions in hard-to-decarbonize sectors like steel production and cement. US industry is the third largest source of US greenhouse gas emissions with 23% of emissions in 2019.
19. voda 17 februari 2022 07:12

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    • voda

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    Grupo Simec Reports 246% YoY surge in Net Profit in 2021
    
    Strategic Research Institute
    Published on :
    17 Feb, 2022, 4:59 am
    
    Mexican steel maker Grupo Simec announced that its net sales increased 55% YoY to MXN 55,622 million in 2021 due to a combination of higher shipments of finished steel products and a higher average sales price by 51% compared the same period of 2020. Shipments of finished steel products increased 3% to 2.504 million tonnes in 2021. Total sales outside of Mexico increased 55% to MXN 27,576 million while sales in Mexico increased 55% from MXN 18,123 million. The increase of 55% in sales is due to a higher average sales price and higher volume of shipments.
    
    Financial Result 2021
    
    --------------------------
    
    Sales - MXN 55,622 million, up 55% YoY
    
    Operating Profit - MXN 13,380 million, up 158% YoY
    
    EBITDA - MXN 14,542 million, up 119% YoY
    
    Net income - MXN 10,227 million, up 246% YoY
    
    Sales Outside Mexico - MXN 27,576 million, up 55% YoY
    
    Sales in Mexico - MXN 28,046 million, up 55% YoY
    
    Sales 2021
    
    ------------
    
    Special Profiles – 907KT, MXN 24,762 per tonne
    
    Commercial Profiles - 1,597KT, MXN 20,766 per tonne
    
    Total Tons - 2,504KT, MXN 22,213 per tonne
20. voda 17 februari 2022 07:18

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    US DOC Lowers Final AD Duty on Steel Pipe Imports from Turkey
    
    Strategic Research Institute
    Published on :
    17 Feb, 2022, 5:02 am
    
    The US Department of Commerce has announced the final results of its administrative review of the antidumping duty order on circular welded carbon steel standard pipe and tube products from Turkey for the period between 1 May 2019 and 30 April 2020. US Department of Commerce determined that Turkey made sales of circular welded carbon steel standard pipe and tube products at prices lower than normal value. The weighted-average dumping margin for Borusan Mannesmann, Kale Baglanti Teknolojileri, Noksel Celik Boru Sanayi was set at 5.8%, lowered from 26.22% assigned in the preliminary result. The final antidumping duties for the country are applicable from February 16.
    
    In addition, the DOC found that Tospelik Profil ve Sac Endustrisi, Tosyali Di§ Ticaret, Tos$elik Metal Ticaret, Qayirova Boru Sanayi ve Ticaret, Yucei Boru ve Profil Endustrisi, Yticelboru ihracat ve Pazarlama, Qinar Boru Profil Sanayi ve Ticaret, Erbosan Erciyas Boru Sanayi ve Ticaret, Borusan Birlefik Boru Fabrikalari Sanayi ve Ticaret, Borusan Gemlik Boru Tesisleri, Borusan ihracat ithalat ve Dagitim, Tubeco Pipe and Steel Corporation and Borusan ithicat ve Dagitim made no shipments during the period of review.
    
    According to the preliminary results, the weighted-average dumping margin was 26.22 percent for Turkey.
    
    The products involved in this case are under HS codes 7306.30.1000, 7306.30.5025, 7306.30.5032, 7306.30.5040, 7306.30.5055, 7306.30.5085, and 7306.30.5090.