ArcelorMittal LU1598757687

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1. voda 3 augustus 2022 06:55

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   Schnitzer Steel Expands Management Team
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:46 am
   
   Portland Oregon headquartered Schnitzer Steel Industries has announced changes to its executive leadership team to capitalize on the mega trends of decarbonization, increased use of recycled metals, and the circular economy through organic growth, inorganic growth, technology investments, and digital transformation initiatives.
   
   Schnitzer’s Board of Directors have appointed Executive Vice President, Chief Financial Officer and Chief Strategy Officer Mr Richard Peach to serve as the Company’s Executive Vice President and Chief Strategy Officer, effective 1 September 2022, with expansion of scope and responsibility. Mr Peach, 58, had served as Schnitzer’s CFO since 2007. Prior to joining Schnitzer in 2007, Mr Peach was CFO at PacifiCorp, a leading energy utility in the western United States.
   
   The Board also appointed Vice President, Deputy Chief Financial Officer and Chief Accounting Officer Mr Stefano Gaggini to serve as the Company’s Senior Vice President and Chief Financial Officer, effective 1 September 2022. Mr Gaggini, 51, has served in his current position since September 2018, and has been the Company’s Principal Accounting Officer since December 2013. Mr Gaggini is licensed as a Certified Public Accountant in the State of Oregon and prior to joining the Company in 2011 worked for KPMG, a public accounting firm, in Portland in Oregon and Zurich in Switzerland.
   
   Additionally, the Board appointed Company’s Vice President, Accounting and Reporting Mr Mark Schuessler to serve as Vice President and Chief Accounting Officer, effective 1 September 2022. Mr Schuessler, 43, has served in his current position since April 2021 after holding various roles in the Company’s SEC Reporting and Technical Accounting department. Prior to joining the Company in November 2011, Mr Schuessler was an audit manager at Perkins & Co. He is licensed as a Certified Public Accountant in the State of Oregon.
   
   Schnitzer Steel Industries, which began operations in 1906 in Portland in Oregon, is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 25 states, Puerto Rico, and Western Canada. Schnitzer has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive over 4.3 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products.
2. voda 3 augustus 2022 06:58

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   Acciaierie Venete Ropes in Enel X for Steel Decarbonization
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:48 am
   
   Italian steel maker Acciaierie Venete has embarked on an ambitious path towards the decarbonization of its production processes and support activities with Enel Energia’s Enel X. The goal of the work started is to guarantee zero net emissions by 2050, in line with the strategy defined by the European Commission. To achieve this goal, as a first step, the emissions calculation for all eight production sites owned by Acciaierie Venete was carried out. The analysis was conducted in such a way as to ensure absolute consistency with international standards. From the data analyzed in 2021 on the entire carbon footprint of Scope 1, Scope 2 location based & mobility of goods and people on the road it is clear that Acciaierie Venete emits an average of 0.238 tonnes of CO2 equivalent per tonne of cast and rolled steel.
   
   Starting from the measurement carried out, the project envisages the creation of a roadmap aimed at identifying the technological, strategic and operational solutions suitable for pursuing the reduction of the Group's carbon footprint. Among the planned interventions, the main ones will concern the use of sustainable materials and energies,
   
   Enel X is the Enel Group's global business line that offers services that accelerate innovation and guide the energy transition and is a world leader in the sector of advanced energy solutions. Through its advanced solutions, including energy management and financial services, Enel X provides each partner with an intuitive and personalized ecosystem of technological platforms and consulting services, focused on the principles of sustainability and the circular economy in order to provide people, communities, institutions and companies an alternative model that respects the environment and integrates technological innovation into daily life. Each solution has the power to transform the goals of decarbonization, electrification and digitalization into sustainable actions for all,
   
   Acciaierie Venete first began producing steel in 1957 operating in the field of commodities: ingots, billets and rebars. At the beginning of the 1980s, the company began to move towards the production of high quality long products, a process which led to it becoming one of Europe's leading producers in the engineering steel market. The company has grown with the acquisition in 2003 of the Sarezzo, Mura and Dolcè plants and in 2018 of the Borgo Valsugana and Odolo plants. Acciaierie Venete has a production capacity of 1.8 million tonnes peryear of steel. This steel is produced in Padua, Sarezzo and Borgo Valsugana and transformed into finished products in Padua, Sarezzo, Mura, Dolcè, Odolo and Buja. For some applications, the steel is additionally processed in Modena and Idro. The steel produced by the company is used in a number of industrial sectors: automotive, earth-moving equipment and agricultural machinery, energy, mechanics and construction.
3. voda 3 augustus 2022 06:58

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   ArcelorMittal South Africa Reports 36% Surge in Profit in H1
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:49 am
   
   ArcelorMittal South Africa, while announcing April-June 2022 quarter results, said that “Broadly assessed, the company has successfully delivered against its predicted outlook and, in some instances, outperformed expectation. That said, the specifics of the delivery were far more complicated, and a particular word of thanks goes to ArcelorMittal South Africa's loyal staff, customers and suppliers who enabled the company to manage through some tumultuous events.”
   
   Consolidated Results – January-June 2022
   
   Revenue – ZAR 22176 million, up 19% YoY
   
   EBITDA - ZAR 3591 million, up 12% YoY
   
   Profit from operations - ZAR 3235 million, up 10% YoY
   
   Net profit - ZAR 3072 million, up 36% YoY
   
   Headline earnings - ZAR 3025 million, up 22% YoY
   
   Crude steel production – 1.051 million tonne, down 30% YoY
   
   Steel sales – 1.159 million tonne, down 8% YoY
   
   Local – 1.022 million tonne, down 10% YoY
   
   Export – 0.137 million tonne, up 12% YoY
   
   Commerce coke - 120 million tonne, down 38% YoY
   
   The company's average capacity utilization decreased from 59% in the 2021 comparable period to 42% in 2022 and should reach at 76% after the Newcastle blast furnace mid-life campaign restoration. The reduction in capacity utilization reflects the impact of the delivery complexities associated with rail service unavailability, labour disruptions and electricity load shedding as described earlier.
   
   The Company’s overall realized steel price in dollars increased by 23%. In rand terms, this represented a 30% increase as the average dollar/rand exchange rates weakened by 6%. Realized dollar steel prices increased by 7% compared to the immediately preceding six months, with rand prices up by 10% for the same period. This trend reflects the lag-effect of steel price movements which characterize the Company’s order intakes.
   
   Outlook for the second half of 2022 “With economic headwinds having intensified both internationally and domestically, it will significantly affect the trading environment. International price correction in a soft local demand environment will impact results. Managing through a cyclical business environment is all-too familiar territory for ArcelorMittal South Africa, its employees, customers and suppliers. Barring any further rail services challenges, it is anticipated that production levels should improve as capacity utilization levels recover. As ever, the ZAR/USD exchange will continue to have an impact on the results. Finally, it remains worthwhile to re-emphasize that despite the current challenges and the short-term weaker trading environment, the long-term investment case for steel remains intact given steel's inherently vital role in the transition to a tow-carbon, circular economy.”
4. voda 3 augustus 2022 06:59

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   India to Launch Carbon Trading Market - Report
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:51 am
   
   Media reports suggest that India is planning to launch a carbon credit market for energy, steel and cement as part of its efforts to accelerate the transition to cleaner fuels. The proposed Indian market would be similar to that of China, which introduced a mandatory carbon trading system for all major power plants last year. Report says “Prime Minister Mr Narendra Modi is likely to announce the new trading platform at India's Independence Day celebrations on August 15th. Preparatory work has been going on since March, when consultations with ministries and companies began.”
   
   According to media, the carbon market will initially be limited to sectors where it is difficult to reduce emissions, allowing participants to trade in credits received from their reduction. One of the goals is that state-owned energy companies such as Oil & Natural Gas, Indian Oil and NTPC, as well as steel and cement companies could benefit from planned investments in carbon capture projects.
   
   World's third largest emitter India announced a plan to achieve zero emissions by 2070 at the COP26 summit in Glasgow. Although this is a decade less than that of neighboring Asian giant China, South Asia's economy is less developed and faces more severe climate challenges. The country expects to cut emissions by 1 billion tonnes by 2030 as a first step towards reaching its goal.
5. voda 3 augustus 2022 07:05

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   DRI-EOS Project to Find Usage of Salzgitter’s SALCOS EAF Slag
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:53 am
   
   German steel maker Salzgitter AG announced that in pursuing its SALCOS program, Salzgitter AG is pioneering low CO2 steel production and is now playing a leading role in decarbonization. The new low-CO2 process which involves the direct reduction of iron ore followed by smelting in an electric arc furnace results in a different type of furnace slag which must be modified accordingly in order to continue to be of use as a valuable and sustainable raw material. How the new type of electric arc furnace slag can be used in future, especially in the cement industry, as a CO2-saving clinker replacement instead of the ground granulated blast furnace slag currently employed, is the subject of the DRI-EOS research project that has just been launched.
   
   The project is supported by the German Federal Ministry for Education and Research BMBF and coordinated by the FEhS Building Materials Institute. The other project partners are Salzgitter Mannesmann Forschung, the Federal Institute for Materials Research and Testing BAM, Friedrich Rohstoffe, Holcim Deutschland and LOI Thermprocess. The project is expected to run for four years.
   
   Salzgitter Mannesmann Forschungbundles the central research activities of the Salzgitter Group. SZMF combines a wealth of knowledge and long years of experience in application-oriented research projects in areas such as the efficient use of resources in the production of steel.
6. voda 3 augustus 2022 07:10

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   DGTR Recommends AD Duty on Electrogalvanized Steel
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:53 am
   
   India’s Director General Trade Remedies announced that it has recommended imposition of definitive anti dumping duty on imports of Electrogalvanized Steel from Korea, Japan and Singapore.
   
   Korea – POSCO, POSCO SteeLeON, Dongkuk Steel, Hyundai Steel, DK Dongshin - Nil
   
   Korea Others - 16.05 per tonne
   
   Japan -Nippon Steel - NIL
   
   Japan Others - 64.08 per tonne
   
   Singapore - 79.73 per tonne
   
   The product under consideration may be either of alloy or non-alloy steel, whether or not of prime or non-prime quality. The product under consideration may be in coils or not in coils form. The product under consideration includes all types of Electrogalvanized steel whether or not coated, passivated, pre-treated, pre-painted, colour coated, thin organic coated, chromated, phosphated, printed, whether or not corrugated or profiled, and whether or not having anti-fingerprint treatment. The product under consideration is classified under HS Codes 7210, 7212, 7225 and 7226 of Schedule I of the Customs Tariff Act, 1975. However, imports of the product under consideration have also been made under HS Codes 7209 & 7211 of Schedule l of the Customs Tariff Act, 1975.
   
   The intended end use of the product under consideration is for protection from corrosion and is majorly used in the manufacturing of electronic appliances, auto applications, consumer electronics, furniture, HVAC, roofing and siding, ceiling grid, construction, office equipment etc.
   
   DGTR has launched the AD probe in June 2021 on receipt of an application from American Precoat Speciality
7. voda 3 augustus 2022 07:10

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   US Sanctions Mr Viktor Rashnikov & MMK
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:55 am
   
   Interfax Russia reported that the US Treasury Department's sanctions list has updated with a number of names of major Russian businessmen, as well as several companies. Office of Foreign Assets Control said that Mr Viktor Rashnikov, Mr Dmitry Pumpyansky, Mr Andrey Melnichenko, Mr Alexander Ponomarenko, Mr Andrey Guryev Sr and Mr Andrey Guryev Jr were added to the SDN List.
   
   Magnitogorsk Iron & Steel Works and a number of its affiliated structures, including the Turkish MMK plant, State Transport Leasing Company and its subsidiaries including an SPV acting as an issuer of Eurobonds GTLK Europe Capital DAC and the Skolkovo Foundation are also now subject to sanctions.
8. voda 3 augustus 2022 07:17

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   SAIL RSP Rolls 2.3mm Thick SAILCOR HR Coils
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 6:58 am
   
   Steel Authority of India Limited’s Rourkela Steel Plant has successfully rolled 1250mm wide & 2.3mm thick SAILCOR HR Coils at Hot Strip Mill for the first time to enter the niche market segment. The new HSM rolled 3 such coils on 1 August 2022. The effort has helped RSP to add more value to its varied product basket. SAIL RSP has bagged an order of 200 Tonnes of SAILCOR HR Coils.
   
   Earlier, the HSM-2 has been successful in rolling HR Coils up to 3 millimeter thickness in the same grade.
   
   Equipped with cutting edge technologies and operated by a team of highly motivated technocrats, the HSM-2 has been making relentless efforts to develop newer grades with customized specifications to cater to the niche market segments. HSM 2 has already carried out trial rolling of MC40, API X70 and rolling of coil with 2000 mm of width and upto 5 mm thickness and wider LPG coil with 1680 mm width. Besides, HSM-2 also rolled 8133 tonnes of CRNO grade coils in July 2022 for providing necessary inputs to the Silicon Steel Mill that touched a record high in production during the month.
9. voda 3 augustus 2022 07:24

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   FMG Ships Record 189 Million Tonne Iron Ore
   
   Strategic Research Institute
   Published on :
   3 Aug, 2022, 5:30 am
   
   Fortescue Chief Executive Officer Ms Elizabeth Gaines said “The Fortescue team has delivered excellent results for the June quarter, with record iron ore shipments of 49.5 million tonnes. This outstanding operating performance has resulted in record FY22 shipments of 189 million tonnes, exceeding the top end of guidance. This was achieved in a challenging operating environment due to the impact of COVID-19 throughout the financial year. Despite industry-wide and global headwinds, Fortescue’s unique culture and Values has delivered these exceptional results and I am immensely proud of the performance of the team.”
   
   Ore mined - 228.8 million tonne
   
   Overburden removed - 314.6 million tonne
   
   Ore processed - 188.7 million tonne
   
   Ore shipped - 189.0 million tonne
   
   C1 cost – USD 15.91per wmt
   
   FY22 represents the third consecutive year of record shipments, reflecting strong performance across the entire supply chain and the successful integration of Eliwana which commenced operations in January 2021.
   
   The Iron Bridge Magnetite project will deliver 22 million tonne per annum of high grade 67% Fe magnetite concentrate, with first production scheduled for the March 2023 quarter.
   
   FY23 guidance
   
   Iron ore shipments of 187-192 million tonne, including approximately 1 million tonne from Iron Bridge (100 per cent basis)
   
   C1 cost for hematite of USD18.00-18.75 per wmt
10. voda 3 augustus 2022 08:23

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    GCC buyers prefer Indian HRC, Korea eyes supply
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    Chinese mills are trying to increase hot rolled coil prices in the Gulf Cooperation Council market. Buyers nevertheless prefer Indian material in terms of prices and shorter lead times. South Korean mills are eyeing the GCC market, and Hyundai Steel representatives plan to visit the region in the coming days, Kallanish learns.
    
    Last week, numerous deals were concluded by an Indian mill for pipe- and tube-making grades at an average price of $640/tonne cfr United Arab Emirates.
    
    This week, Indian mills' 2mm+ thickness SPHT-2 and SS400 grade boron-added HRC offers are heard at $630-640/t, while SAE 1006 re-rolling grade is at $650-660/t cfr GCC for September shipment. Chinese 2mm+ SS400 and SAE 1006 grade quotes are meanwhile at $650-660/t cfr for end-September shipment/late-October delivery.
    
    On the other hand, the South Korean mill's SAE 1006 grade 2mm+ offer is at $670/t, with a margin of compromise for firm bids for September shipment. All offers are cfr GCC ports basis.
    
    In UAE, a buyer has meanwhile received an offer for a minimum 2,000t volume of 0.34-0.97mm SPCC/1B grade ex-China cold rolled full hard (CRFH) at $700/t cfr UAE for September shipment. Last week, the buyer booked ex-China 2mm+ DX51D grade galvanised coil for a 500t parcel at $810/t cfr Jebel Ali for September shipment. Indian and South Korean mills offered the same material for September shipment at $950/t cfr Jebel Ali.
    
    The Saudi Arabian market is dull and prices are unchanged from last week. Chinese mills’ efforts to raise prices were in vain. Buyers preferred Egyptian material as it is exempt from import duties in Saudi Arabia.
    
    1.2mm SPHT-1 HRC offers for September shipment from Chinese and Egyptian mills are heard at $730/t and $735/t cfr Jeddah, respectively. Chinese offers to the Saudi east coast are at $710/t cfr Dammam.
    
    Saudi Arabia's sole HRC producer's October-rolling, 3mm thick base grade SPHT-1 HRC offer is heard at $770/t delivered to buyer's yard.
    
    Burak Odabasi Turkey
11. voda 3 augustus 2022 19:16

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    Breaking News: Nucor plans $100m melt shop in Arizona
    Steel News | Aug. 3, 2022
    
    North Carolina-based US steel producer Nucor has selected its Kingman, Arizona, bar mill as the site for the installation of a new $100 million melt shop, it said on Wednesday.
    
    According to the company, this site was an ideal location for the investment due to the mill lacking a melt shop and its close proximity to Western buyers.
    
    "This investment in a new melt shop at our Arizona bar mill is part of our strategy to grow our core steelmaking business and will help us maintain our market leadership position in steel bar production. Adding new melt shop capacity will help meet the growing demand for steel bar products in the Western region, which is one of the fastest growing areas in the US," explains Nucor chief executive Leon Topalian.
    
    The melt shop construction is projected to take two years, with the expected start-up of the shop planned in 2024. Nucor currently has an annual production capacity totalling approximately 9.56 million tons of steel bar. This shop is projected to increase that by 600,000 st.
    
    "Nucor's new sustainable steel production facility will strengthen Arizona's vibrant manufacturing ecosystem. Nucor's new facility will produce quality steel and steel products while maintaining the highest safety and sustainability standards. We are grateful for Nucor's commitment to Kingman, creating high-wage jobs while driving further economic growth in the area," adds Arizona Commerce Authority ceo Sandra Watson.
    
    Kallanish notes that Nucor initially announced its plan to invest in a new melt shop at one of its West Coast facilities in September of last year.
12. voda 4 augustus 2022 06:39

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    Researchers 3D Print High-Performance Nanostructured Alloy
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 5:56 am
    
    Researchers at the University of Massachusetts Amherst and the Georgia Institute of Technology have 3D printed a dual-phase, nanostructured high-entropy alloy that exceeds the strength and ductility of other state-of-the-art additively manufactured materials, which could lead to higher-performance components for applications in aerospace, medicine, energy and transportation. The work, led by UMass Mechanical & Industrial Engineering Assistant Professor Wen Chen & Georgia Tech Mechanical Engineering Professor Ting Zhu, is published online by the journal Nature.
    
    Over the past 15 years, high entropy alloys have become increasingly popular as a new paradigm in materials science. Comprised of five or more elements in near-equal proportions, they offer the ability to create a near-infinite number of unique combinations for alloy design. Traditional alloys, such as brass, carbon steel, stainless steel and bronze, contain a primary element combined with one or more trace elements. Additive manufacturing, also called 3D printing, has recently emerged as a powerful approach to material development. The laser-based 3D printing can produce large temperature gradients and high cooling rates that are not readily accessible by conventional routes. However, the potential of harnessing the combined benefits of additive manufacturing and high entropy alloys for achieving novel properties remains largely unexplored.
    
    Professor Chen and his team in the Multiscale Materials and Manufacturing Laboratory combined a high entropy alloy with a state-of-the-art 3D printing technique called laser powder bed fusion to develop new materials with unprecedented properties. Because the process causes materials to melt and solidify very rapidly as compared to traditional metallurgy, you get a very different microstructure that is far-from-equilibrium on the components created. This microstructure looks like a net and is made of alternating layers known as Face-Centered Cubic & Body-Centered Cubic nanolamellar structures embedded in micro scale eutectic colonies with random orientations. The hierarchical nanostructured HEA enables co-operative deformation of the two phases.
    
    This unusual microstructure’s atomic rearrangement gives rise to ultrahigh strength as well as enhanced ductility, which is uncommon, because usually strong materials tend to be brittle. Compared to conventional metal casting, researchers got almost triple the strength and not only didn’t lose ductility, but actually increased it simultaneously.
    
    For many applications, a combination of strength and ductility is key.
    
    Additional research partners on the paper include Texas A&M University, the University of California Los Angeles, Rice University, and Oak Ridge and Lawrence Livermore national laboratories.

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13. voda 4 augustus 2022 06:40

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    Fit@50+ Women’s Trans Himalayan Expedition Concludes
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 5:59 am
    
    Fit@50 + Women's Trans Himalayan expedition, organized by Tata Steel Adventure Foundation in collaboration with the Ministry of Youth Affairs and Sports under the Fit India banner, and the Indian Army, has successfully completed its 140 days of the expedition. Union Minister of Youth Affairs & Sports Mr Anurag Singh Thakur felicitated the Expedition team at the iconic Major Dhyanchand Stadium in the national capital on 2 August 2022.
    
    The 11-member team comprising women in their 50s and 60s culminated their journey at the Kargil War Memorial on July 24 to commemorate Kargil Vijay Diwas. At the memorial, the team paid homage to the war heroes who achieved martyrdom in the 1999 Kargil War. This Fit@50+ team was led by the legendary Mountaineer, Padma Shree, Padma Bhushan Ms Bachendri Pal, the first Indian woman to summit Everest in 1984. The team consisted of women from various backgrounds such as retired corporate professionals, retired army persons, housewives, retired locomotive drivers, grandmothers, and working women too. While the youngest member is 54 years old, the eldest member is aged 68 years.
    
    The Expedition was flagged off in Delhi on March 8, 2022, International Women's Day. The expedition started from Pangsau Pass (Indo-Myanmar border) and concluded at Dras sector, Kargil in Ladakh, covering a distance of over 4,841 km and traversing 35 high mountain passes in 140 days from East to West of the Himalayas in India and Nepal. The passes crossed include the toughest Lamkhaga Pass at 17,700 feet height; the most challenging and the highest of the passes, Parang La pass at an astounding 18,300 feet; the Bhabha Pass at 16,000 feet, and the Thorang La Pass at 17,800 feet Over 50 guest trekkers including 3-4 from outside India joined the expedition for a short duration of 7-10 days at different locations. Among them included a 75-year-old woman who successfully crossed the Lamkhaga Pass.
    
    The team had to overcome extreme weather conditions, treacherous climbs, and constrained resources every step of the way. Some of the routes in Eastern and Western Nepal were extremely remote and many times the team trekked for days on end between an altitude of 10,000-14,000 feet. While the longest day trekked was 13.5 hours at an altitude above 10,000 feet, the longest distance covered in a day at a high altitude of 12000 feet was 29 kms. The team also shared some memorable and unique experiences including staying at a graveyard, a Chicken farm, abandoned buildings, and old school verandas.
14. voda 4 augustus 2022 06:41

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    MMK Automates Internal Cargo Transportation Control System
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:02 am
    
    Russian steel maker MMK has put into commercial operation an automated system for monitoring the availability of railcars and strip trucks at the long products shop of Magnitogorsk Iron and Steel Works. A new joint development by MMK-Informservice LLC and KonsOM SKS CJSC makes it possible to track the process of product transportation and its accounting in rolling shops. The system is designed for informational support of wagons with products along the entire route in the dead ends of the workshop and timely notification of supervisory services about inconsistencies when moving wagons. In real time, it will be able to track not only the presence of wagons at dead ends, but also their numbering, as well as incoming and outgoing goods. The introduction of the technology will also greatly facilitate the investigation of incidents and, as a result, will help reduce the risk of theft of metal products.
    
    Specialists of MMK-Informservice LLC integrated the new system into the existing dispatching complex for video surveillance for the safety of inventory items of PJSC MMK, providing the ability to quickly receive various data on the list of recognized & unrecognized cars that passed through the dead end. All collected information is processed and stored within the system.
    
    At present, an automated control system for railcars at loading dead ends has been introduced in the long products shop, in September it is planned to launch it in the production of thick-plate products, and before the end of the year - in sheet-rolling shops No 5 and 11.
15. voda 4 augustus 2022 06:41

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    Celona’s 5G LAN Improves Operations at Steel Maker in Pennsylvania
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:06 am
    
    Frustrated with network downtime, erratic connectivity and spotty coverage, a leading manufacturer of high precision forged steel wheels for railcars and locomotives in North America was desperate. The company has the unique luxury of being able to sell as much product as it can make and sell more if they can make more. Any idle time resulting from an operational glitch directly impacts both the top and bottom lines of the business. And the network is central to everything the organization produces.
    
    A 24 by 7 operation spread across 1.4 square miles the US steel manufacturer operates an extensive outdoor scrap yard along with indoor melt shop, forging, testing and storage operations in one of the most challenging wireless environments in the world. Not conducive to wireless networking, metal buildings, machinery, massive magnets, and extremely hot temperatures made it next to impossible to gain dependable wireless signals or stable connections. The company had been using Wi-Fi to connect various instrumentation and industrial tablets to collect data and send instructions to workers. While useful for office connectivity, in such a challenging environment, Wi-Fi network could not keep up with the coverage requirements and was not able to deliver the reliability required to support the critical communications essential to the manufacturing process. With Wi-Fi signals bouncing off metal obstacles, nearby interference from other Wi-Fi networks combined with huge furnaces throwing off electromagnetic energy, productivity, time, and money were being lost.
    
    This manufacturing environment wreaked havoc for production staff to trying to receive critical instructions and report process details to and from back-end database systems that were intolerant of any sort of network latency caused by a mobility event such as channel hopping or roaming between Wi-Fi access points. As a result, IT staff was constantly bombarded by calls at all hours, anytime during 24x7 operations, regarding lost connectivity that halted operations.
    
    Having tried everything imaginable, the IT staff at the steel manufacturer turned to a turnkey private wireless solution using Celona’s 5G LAN system. Since Celona cellular 4G/5G radios, using the clean 3.55 to 3.7 GHz CBRS spectrum, can operate at higher power levels, the private cellular network requires fewer access points to cover a larger area than the Wi-Fi network. The working area of the manufacturing plant covers about 250,000 square feet of indoor space and about 1,000,000 square feet of outdoor space. This required more than 80 Wi-Fi access points and related cabling and infrastructure to provide the density and coverage needed. For the steel manufacturer, the Celona 5G LAN required 4-6 times fewer indoor access points and 5-6 times fewer outdoor access points than Wi-Fi at that steel manufacturing plant.
    
    In addition to the immediate ROI due to reliability improvements for wireless communications, the cost of acquisition and installation for the wireless networking system designed for the critical applications has also been significantly improved. The steel manufacturer was experiencing five to six disruptions weekly in the scrap yard operations. After replacing six Wi-Fi APs in the scrap yard with one Celona private LTE outdoor AP, the manufacturer reported less than five disruptions from the private cellular network in the last 18 months.
    
    In addition to that, thorough testing has shown the following performance and operational benefits for the critical business workflow applications at the facility
    
    70% reduction in operational disruption vs. Wi-Fi
    
    5 to 6x fewer cellular wireless access points relative to Wi-Fi
    
    ROI payback in less than 5 months by eliminating unplanned downtimes
    
    3-year total network cost savings of 39% for indoor 5G LAN vs Wi-Fi 6
    
    3-year total network cost savings of 31% for outdoor 5G LAN vs. Wi-Fi 6
    
    The effective removal of network latency that could cause application disconnects
    
    Improved mobility by reducing roaming times and often eliminating roaming events
    
    Reliable connectivity for mobile crane operators
    
    Reduction in wireless network maintenance/adjustments
    
    Celona 5G LANs are purpose-built for the most demanding manufacturing environments and use cases that require low-latency connectivity and deterministic wireless performance. Unlike any other private wireless solution on the market, Celona’s 5G LAN is a fully integrated end to end system bundling all the requisite components including access points, packet core software, SIM cards & provisioning and cloud-based network orchestration within a single subscription.
    
    Steel News
16. voda 4 augustus 2022 06:42

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    • voda

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    Algoma Steel Reports Strong Results for Apr-Jun’22 Quarter
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:08 am
    
    Sault Ste Marie Ontario based Canadian producer of hot and cold rolled steel sheet and plates Algoma Steel announced consolidated revenue of CAD 934.1 million in April-June 2022 quarter, up 18.4% from USD 789.1 million in the prior-year quarter & net income of CAD 301.4 million as compared to CAD 203.6 million in the prior-year quarter. Algoma Steel Chief Executive Officer Mr Michael Garcia said “The momentum we established in fiscal 2022 continued with another quarter of strong results in what has been a volatile operational environment. We delivered year-over-year improvement in revenue and adjusted EBITDA even as we undertook a significant planned outage to upgrade our plate mill facility. Our results continue to reflect our differentiated execution, along with the hard work and dedication of the entire Algoma team.”
    
    Average realized price of steel net of freight and non-steel revenue was CAD 1,632 per ton, up 37.8% from CAD 1,185 per ton in the prior-year quarter.
    
    Cost per ton of steel products sold was CAD 920, up 32.4% from CAD 695 in the prior-year quarter.
    
    Shipments decreased by 11.9% to 537,524 tons, compared to 610,057 tons in the prior-year quarter.
    
    Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate. With a current raw steel production capacity of an estimated 2.8 million tons per year, Algoma’s size and diverse capabilities enable it to deliver responsive, customer-driven product solutions straight from the ladle to direct applications in the automotive, construction, energy, defense, and manufacturing sectors. Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.
17. voda 4 augustus 2022 06:42

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    • voda

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    BaoSteel Develops Electrical Steel for Nuclear Power Plants
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:09 am
    
    Chinese steel giant Baowu electrical steel is used in unit 6 of China’s largest nuclear power plant Liaoning Hongyanhe Nuclear Power Plant, which successfully completed a 168 hour trial operation and was ready for commercial operation. As the first brand of silicon steel in the world, Baosteel Silicon Steel has made another breakthrough in the localization of key materials in the field of nuclear power, becoming the only domestic silicon steel supplier for the second phase of this project.
    
    The 4 units of the first phase of Hongyanhe Nuclear Power Plant use CPR1000 nuclear power technology with independent intellectual property rights of China General Nuclear Power. Baobian Electric contracted the Hongyanhe Nuclear Power Plant Unit 5 and Unit 6 to supply related transformers using high magnetic induction oriented silicon steel products from Baosteel’s Qingshan Base.
    
    In recent years, the manufacturing technology of high magnetic induction oriented silicon steel in Qingshan Base has made great progress. The new generation of low temperature HiB steel process has been successfully developed, and the electromagnetic properties and surface state have been significantly improved, leading the industry. It has been used in Fuxing high-speed railway traction transformers, large offshore wind power plants, the world's first nuclear power plant in China's Hualong No 1 Fuqing Nuclear Power Plant Unit 5, and China Guangdong Nuclear Power's Zhejiang San'ao million-level nuclear power plant.
    
    In addition to this project, Baosteel and Baobian Electric are also working together on CGNPC Fangchenggang Power Substation and CNNC Fuqing Main Substation Project to jointly promote the localization of key raw materials for nuclear power equipment. After years of hard work, Baosteel is now accelerating the localization process of grain-oriented silicon steel for various transformers in the field of nuclear power, striving to become the vanguard of the comprehensive localization of key raw materials in all voltage levels and all application fields of transformers.
18. voda 4 augustus 2022 06:43

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    Klockner & Co Reports Strongest First Half-Year since IPO in 2006
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:11 am
    
    Duisburg Germany headquartered steel processor & distributor Klöckner & Co has reported 49% YoY increase in sales to EUR 5 billion in the first half of 2022 mainly due to the significant temporary rise in steel and metal prices. Operating income before material special effects, at EUR 423 million, was considerably higher than in the same period of the previous year. Including material special effects, EBITDA came to EUR 477 million in the first six months of the year. Net income increased to EUR 323 million as compared to EUR 301 million in H1 of 2021. Klöckner & Co CEO Mr Guido Kerkhoff said “Due to at times significantly higher prices in the market, we are able to look back on an outstanding first half-year. At the same time, we have continued implementing our Group strategy, laying the foundation for an even more successful Klöckner & Co in the future.”
    
    As part of its efforts to expand its partner network and its footprint in the American market, Klöckner & Co has further strengthened its partnership with the US steel producer Nucor and is investing in a facility for plate processing on the campus of the new Nucor steel mill in Brandenburg in Kentucky. Nucor Steel Brandenburg will be a state-of-the-art electric arc furnace mill that will recycle scrap metal into new heavy plate steel for offshore wind towers and other infrastructure projects. With the partnership, Klöckner & Co aims to profit more strongly from the planned investments in renewable energy and infrastructure by the US-Government. The investment of Klöckner & Co is designed to drive the development of sustainable, innovative and complex solutions for the entire supply chain and extend the range of higher-value-added services. The new heavy plate processing facility is scheduled to start operations in the third quarter of 2023 and is subject to environmental approvals.
    
    Under its “Klöckner & Co 2025: Leveraging Strengths” strategy, the Company is driving forward a comprehensive expansion of its in-house product and service portfolio. As part of this, through its German subsidiary Becker Stahl-Service, Klöckner & Co has acquired the two companies Hernandez Stainless and RSC Rostfrei Coilcenter. The acquisitions mark Becker’s entry into stainless steel processing in a significant extension to its product and service portfolio.
    
    Klöckner & Co is rigorously pursuing the goal of zero touch and, using digital tools, is increasing process speed and efficiency along the entire value chain. Sales processed automatically using Kloeckner Assistant, the Company’s in-house AI solution, increased to over EUR 780 million in the reporting period. This demonstrates the tool’s importance in automated quotation and order processing. Digital sales remained at 45% of Group sales in the second quarter, thus continuing at a high level after the pandemic-related increase.
    
    Outlook - Due to the anticipated higher average steel price level, Klöckner & Co expects significant sales growth in the full year 2022. After a significant intervening rise in the first half-year, prices have recently corrected. In light of this and of the challenging macroeconomic environment, the Company forecasts operating income of EUR 50-100 million before material special effects in the third quarter. A figure of more than EUR 500 million is expected for the full year, which would be the second-best result since the IPO in 2006.”
    
    Klöckner & Co is one of the largest producer-independent distributors of steel and metal products and one of the leading steel service companies worldwide. Based on its distribution and service network of around 140 locations in 13 countries, Klöckner & Co supplies more than 100,000 customers. Currently, the Group has around 7,200 employees. Klöckner & Co had sales of EUR 7.4 billion in fiscal year 2021.
19. voda 4 augustus 2022 06:43

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    Sanming Grants FAC to KOCKS for 3-ROLL RSB
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:13 am
    
    The government owned Chinese producer of special bar quality products Fujian Sangang Minguang has issued the Final Acceptance Certificate for its new KOCKS RSB® 370++/4 in 5.0 design, just four weeks after the first bar rolled from the KOCKS new block. The modernized SBQ mill of the steel producer in the Fujian province on the southeastern coast of China has now gone into regular operation. The trust in KOCKS as a supplier was confirmed by an excellent project, which was delivered in time and successfully executed no matter the pandemic challenges.
    
    The new KOCKS Reducing & Sizing Block works highly reliable with best tolerances and achieves great overall results of the rolled products. The RSB® 370++/4 is located as finishing unit after 21 stands in H/V rolling mill arrangement. Sanming produces bar in coil within a dimension of Ø 16 to 48 mm and straight bars within a dimension of Ø 20 to 90 mm in an 800,000 tonnes per annum mill.
    
    Sangang Minguang was founded in 1958 and is one of the most important steel producers in the Fujian province on the southeastern coast of China with 11 million tonnes of steel every year.
20. voda 4 augustus 2022 06:45

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    HBIS DITH to Supply Rebars for Elbtower in Northern Germany
    
    Strategic Research Institute
    Published on :
    4 Aug, 2022, 6:16 am
    
    Chinese steel maker HBIS’s HBIS DITH Germany ATG has recently secured the first qualification to supply the steel in a steel bidding for the construction of the 245 meter high Elbtower project, which is the highest building in northern Germany. It will supply the first batch of materials for the foundation of the Elbtower and the required reinforcement materials for the first ten floors.
    
    HBIS DITH is a leading supplier of rebars & steel mesh for large construction projects and residential construction, and continues to expand the market in Germany, Netherlands, Poland, Denmark and Sweden. With the strong support of DITH in purchasing, financing and channels, DITH Germany has become an important part of DITH global marketing network and the main force of creating profit.
    
    Designed by leading British architect David Chipperfield, the Elbtower is intended to be Hamburg's highest point and will be a portal landmark of Germany's Hafencity, and will be mirroring to the Elbe Concert Hall to the west.