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1. voda 15 augustus 2022 07:09

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   Vietnam’s Steel Output & Sales Decrease in January-July 2022
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:27 am
   
   Vietnam Steel Association announced that Vietnam’s finished steel production totaled 2.25 million tonnes in July 2022, down 6% MoM & 13% YoY while sales in the country decreased by 11% MoM & 12% YoY to 1.99 million tonnes. In the January-July period, steel production in Vietnam decreased by 4% YoY to 18.82 million tonnes while steel sales in the country fell by 1% YoY to 17.1 million tonnes & exports totaled 4.14 million tonnes down by 1.5% YoY.
   
   Vietnam Steel Association said “In the first 7 months of 2022, Vietnam's economic situation continued to recover in many fields. The index of industrial production in July 2022 was estimated to increase by 1.6% over the previous month and by 11.2% over the same period last year, of which the processing and manufacturing industry increased by 12, 8%. In the first 7 months of 2022, IIP is estimated to increase by 8.8% over the same period last year (in the same period in 2021, it will increase by 7.6%). In which, the processing and manufacturing industry increased by 9.7% flat YoY.”
   
   HRC hot-rolled coil price on 9 August was at USD 606 per tonne CFR Dong A port, down by about USD 28 per tonne compared to the trading price in early July 2022.
2. voda 15 augustus 2022 07:09

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   Ukrmetalurgprom Seeks Measures for Steel Sector Recovery
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:29 am
   
   Interfax Russia reported that Ukraine’s steel association Ukrmetalurgprom in a letter to the Ukrainian government has warned that Ukraine's mining and metals sector is experiencing its most severe crisis ever and a set of measures needs to be adopted to save the industry, industry association Ukrmetalurgprom said in a letter to the government. Ukrmetalurgprom said “Possible measures include Ukrainian Railways introducing special rates for transporting raw materials and finished products for mining and metal companies that are 70% lower than the current level, the association said.”
   
   It also proposed
   
   1. To lower electricity prices for companies in the sector by having Energoatom, the operator of Ukraine's nuclear power plants, sell power at a special price equivalent to the one for Ukrainian Railways and reduce power transmission rates
   
   2. To temporarily eliminate rent payments for iron ore
   
   3. To eliminate environmental taxes, scrapping the tax on CO for good since European Union countries do not have such a tax and lifting the tax on CO2 and other emissions, runoff and waste temporarily
   
   4. To eliminate import duties on goods and materials not made in Ukraine or produced in quantities that are far below demand, such as large tires for mining equipment and refractories
   
   5. To impose a temporary moratorium on exports of scrap metal in order to eliminate the risk of shortages of this key raw material
   
   6. Wage taxes and fees (personal income tax, social security contributions) need to be replaced with a unified social tax in the amount of 10% that would be withheld from employees' wages
   
   Ukrmetalurgprom said “The implementation of the program to maintain the mining and metal sector's production potential will enable it to resume production soon, preserve many thousands of jobs and prevent mass layoffs in the industry and related sectors.”
   
   In light of this, the association is asking the president to give the Cabinet and relevant parliamentary committees orders to implement this program
   
   Mining and metals is a key sector of Ukraine's economy, accounting for about 10% of the country's GDP in recent years. The Industry exported more than 80% of its products, thereby accounting for up to 33% of Ukraine's exports and being a key source of foreign currency earnings, which topped USD 22 billion in 2021. The industry employees more than 130,000 people and with related sectors it provides about 530,000 jobs.
3. voda 15 augustus 2022 07:10

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   Vedanta-Signs MoU with IIT Bombay for Green Steel
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:32 am
   
   Vedanta’s Iron & Steel Business has partnered with IIT Bombay for R&D project to develop cost effective technology for producing Green Steel using hydrogen. The project kick-off meeting was held through virtual platform which was chaired by Vedanta’s Sesa Goa Iron Ore Business CEO Mr Sujal Shah and IIT Bombay Professor Arindam Sarkar with the project teams.
   
   IIT Bombay’s Dean R&D Professor Milind D Atrey said “I commend Vedanta- Iron & steel Business for this proactive step towards R&D for Green Steel making which will prove to be a key landmark in creating greener future. We at IIT-B are extremely happy to be associated with this unique endeavor.”
4. voda 15 augustus 2022 07:10

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   Turkish Firms Could Become Conduit for EU & Russia Trade
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:35 am
   
   Turkish daily Dunya reported that some Turkish firms could sell European & Russian materials to each other by opening a channel by setting up of warehouses to circumvent sanctions on Russia. Istanbul Ferrous & Non-Ferrous Metals Exporters' Association IDDMIB Chairman Mr Qetin Tecdelioglu told Dunya “While he does not approve the war, opportunities have emerged in Turkey’s iron & non-ferrous metals exports due to the trade embargoes on Russia. Russia buys products from Turkey that it cannot buy from Germany, Italy and France and many European companies are planning to sell products to Russia through Turkey. European companies want to use Turkey as a warehouse and supply Russia with products through Turkey, creating an important opportunity for Turkey's exports.”
   
   Mr Tecdelioglu also said that Turkish firm could sell steel products originating in the Russian Federation to the countries of the European Union.
   
   Mr Tecdelioglu added “There is a request to establish a secretariat in order to accelerate trade with Russia and that Turkey’s Ministry of Commerce has started to work on this issue.”
5. voda 15 augustus 2022 07:11

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   Government Moves to Support UK’s Steel Industry with Energy Relief
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:38 am
   
   The British Government has launched consultation into support scheme for energy intensive industries including steel, paper, glass, ceramics and cement. UK’s Department for Business, Energy & Industrial Strategy is consulting on the option to increase the level of exemption for certain environmental and policy costs from 85% of costs up to 100%. BEIS said “This reflects higher UK industrial electricity prices than those of other countries including in Europe, which could hamper investment, competition and commercial viability for hundreds of businesses in industries including steel, paper, glass, ceramics, and cement, and risk them relocating from the UK. The proposal would help around 300 businesses supporting 60,000 jobs in the UK’s industrial heartlands. Looking at ways to reduce the cost of doing business for key industries would help secure the future of domestic manufacturing and maintain a competitive business environment in the UK, ensuring economic growth and protecting thousands of jobs across the country.”
   
   UK’s Business Secretary Mr Kwasi Kwarteng said “British manufacturers are the lifeblood of our economy and central to our plans to overcome this period of economic uncertainty. With global energy prices at record highs, it is essential we explore what more we can do to deliver a competitive future for those strategic industries so we can cut production costs and protect jobs across the UK.”
   
   UK Steel’s Director General Mr Gareth Stace said “The publication of this consultation is a significant step forward in delivering competitive electricity prices for the UK steel sector and should provide some much-needed relief in the face of extremely challenging circumstances at the current time. While there remain difficulties, this announcement demonstrates that UK government understands the challenges of British industry and continues to support steelmakers and steel communities across the country.”
   
   This is a consultation on a targeted support scheme for energy intensive industries, as announced in the British Energy Security Strategy. Launching this consultation now provides the future government with the option to introduce this scheme given current high electricity prices. The government has provided more than GBP 2 billion to support businesses in energy intensive sectors with the price of electricity bills since 2013.
   
   The launch of the consultation follows the extension of the separate but similar Energy Intensive Industries Compensation Scheme for a further 3 years and a more than doubling of its budget.
6. voda 15 augustus 2022 07:12

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   Final Joints in Place in Chenab Bridge
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:52 am
   
   The golden joint connecting two ends of the overarch deck of the world’s highest railway bridge over Chenab River in Jammu & Kashmir’s Reasi district was placed on 13 August 2022 marking that work on railway bridge over Chenab is almost over. Constructed at a cost of INR 1,250 crore, the 1.3 kilometers long bridge is located 359 meters above the Chenab riverbed. It will provide all-weather rail connectivity to Kashmir. At present, Kashmir has only truncated railway line between Ramban district’s Banihal area of Jammu province to Baramulla in the Valley.
   
   The bridge with the main arch span of 467 meters and having a steel fabrication of approximately 28,660 tonnes has been designed to withstand wind up to 100 kmph. Its other unique features include use of concrete filled trusses and power operated cars for inspection and maintenance for the first time in India and is designed to bear earthquake forces of zone V.
   
   Steel Authority of India Limited is reported to have supplied steel for Chenab Bridge
7. voda 15 augustus 2022 07:12

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   Pakistani Steel Makers Hit by Increased Electricity Rate
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 5:57 am
   
   Business Recorder Reported that Pakistan Steel Melters Association has expressed grave concern over the recent extraordinary increase of PKR 9.9 per unit in electricity rate and the inclusion of various taxes and fuel adjustment charges in the electricity bills. Pakistan Steel Melters Association , Chairman Mian Ahmed Hassan has pointed out that more than 200 Steel Melters registered with PSMA constitute one of the largest electricity consumer industry in Pakistan that uses the electricity as a raw material, with an average utilization per furnace is from 2-5 million units of electricity. He said “It is very difficult for the steel melting industry to survive under these exorbitant electricity charges and many furnaces foresee winding up and forced sale of their businesses in near future, just to pay the monthly electricity bills.”
   
   Mian Ahmed Hassan also said that “Hike in electricity prices accompanied by the highest rate of inflation has caused a serious threat for this industry as a number of furnaces have already been closed down causing unemployment to thousands of labour and unrest amongst the Steel Melters especially of Lahore and Gujranwala region. Cclosed furnaces are also still being charged 50% MDI which is unjustified.”
   
   Mian Ahmed Hassan also pointed out that “Steel melting industry is also facing huge losses because of levy of fuel adjustment charges in the electricity bill for the month of May 2022. QTA of PKR 5.02 is being charged. The fuel adjustment charges for the month of July 2022 are yet to be determined. It was pointed out that once the products are sold, it is impossible to adjust the levied fuel adjustment charges. The extra amount has to be paid by the industry itself which is a total loss. The adjustment charges should be billed in a timely manner so that it may be adjusted in the product price. Alternately, fuel adjustment surcharge may be merged in the tariff, so that one rate of electricity is considered.”
8. voda 15 augustus 2022 07:13

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   BlueScope Delivers Historic Results for FY 2022
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 6:00 am
   
   Australian steel leader BlueScope has reported net profit of AUD 2.81 billion in FY 2022, a 135% YoY increase. BlueScope Managing Director & CEO Mr Mark Vassella said “Underlying EBIT for the year was AUD 3.79 billion, a record performance in BlueScope’s 20-year history as a listed company. This was an outstanding result, with tremendous performances across our business portfolio. “We saw continued strong demand for our steel products and solutions despite recent macroeconomic and geopolitical volatility. We worked hard to improve our service levels which have been impacted by supply chain and pandemic related disruptions. It’s truly heartening to see our people continue to step up, to serve our customers, and to operate safely and with great resilience. This record result is their record result.”
   
   Outlook for H1 of FY2023 - Underlying EBIT in 1H FY2023 is expected to be in the range of AUD 800-900 million, driven particularly by significantly lower Midwest US HRC steel spreads and weaker Asian HRC steel spreads. Expectations are subject to spread, foreign exchange and market conditions.
9. voda 15 augustus 2022 07:13

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   EC Imposes AD Duty on HDG Imports from Russia & Turkey
   
   Strategic Research Institute
   Published on :
   15 Aug, 2022, 6:02 am
   
   European Commission announced that definitive anti-dumping measures should be imposed in order to prevent further injury being caused to the Union industry by the dumped imports of certain corrosion resistant steels originating in Russia and Turkey. Anti dumping duties are set on CIF value
   
   Novolipetsk Steel - 10.3%
   
   Severstal - 31.3%
   
   Magnitogorsk Iron & Steel Works - 36.6 %
   
   Other Russian companies – 37.4%
   
   Tat Metal Celik - 2.4%
   
   MMK Metalurji - 10.5%
   
   Tezcan Galvanizli - 11.0%
   
   Other cooperating Turkish companies - 8.0%
   
   All other Turkish companies - 11.0%
   
   European Commission had initiated an anti-dumping investigation on 24 June 2021 with regard to imports of certain corrosion resistant steels originating in Russia and Turkey, following a complaint lodged by the European Steel Association EUROFER. The investigation of dumping and injury covered the period from 1 January 2020 to 31 December 2020
   
   The product concerned is flat-rolled products of iron or alloy steel or non-alloy steel; plated or coated by hot dip galvanisation with zinc and/or aluminium and/or magnesium, whether or not alloyed with silicon; chemically passivated; with or without any additional surface treatment such as oiling or sealing: containing by weight; not more than 0.5 % of carbon, not more than 1.1 % of aluminium, not more than 0.12 % of niobium, not more than 0.17 % of titanium and not more than 0.15 % of vanadium: presented in coils, cut-to-length sheets and narrow strips originating in Russia and Turkey
   
   CSN Codes - 72104100, 72104900, 72106000, 72106900, 72109080, 72123000, 72125061, 72125069, 72125090, 72259200, 72259900, 72269930, 72269970
10. voda 15 augustus 2022 07:14

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    Evraz to sell North American assets
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    Russian miner and steelmaker Evraz says it is launching the process of soliciting proposals for the acquisition of its North American subsidiaries, Kallanish notes.
    
    The sale will allow to unlock the stand-alone value of the North America business, the enterprise claims.
    
    “The solicitation process is currently being conducted under the Office of Financial Sanctions Implementation (OFSI) General License INT/2022/1710676 and we are in contact with OFSI as part of this process,” the steelmaker says. “The possible transaction will be subject to regulatory and corporate approvals and applicable sanctions laws, and will require approval from relevant sanctions authorities, including OFSI.”
    
    The steelmaker does not intend to provide any additional information on this process unless or until the process is finalised.
    
    Evraz North America has six plants – in Portland (Oregon, US), Pueblo (Colorado, US), Regina (Saskatchewan, Canada), Calgary, Camrose and Red Deer (Alberta, Canada).
    
    Evraz tells Kallanish it plans to continue the construction by 2023 of the new long rail mill at the Pueblo unit despite its plan to sell the US assets. “In 2022, Evraz Plc did not receive and does not plan to receive any income from the activities of Evraz North America,” the firm says.
    
    Evraz’s consolidated revenue increased by 31% on-year in the first half of 2022 to $8.1 billion, while consolidated Ebitda rose 19.4% to $2.5 billion on higher coal and steel sales prices (see Kallanish passim).
    
    The company’s crude steel output in H1 remained flat on-year at 6.8 million tonnes, coking coal production fell 12.9% to 10.1mt, while iron ore output rose by 4.2% to 7.4mt.
    
    Evraz is partially owned by Roman Abramovich, who the UK government added to the list of sanctioned individuals on 1 March. In May, the UK then sanctioned Evraz Plc, as it said the company "operates in sectors of strategic significance to the government of Russia".
    
    The company denies allegations that it is or has been involved in providing funds, goods or technology that could threaten the territorial integrity, sovereignty or independence of Ukraine.
    
    Svetoslav Abrossimov Bulgaria
11. voda 15 augustus 2022 07:33

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    India’s Iron Ore Exports Shrink by 34% in Apr-Jul 2022
    
    Strategic Research Institute
    Published on :
    15 Aug, 2022, 5:30 am
    
    Indian Ports Association’s latest data reveals that India's iron ore & pellet export through all major ports in the country during the April-July 2022 were 14.11 million tonnes, down 34% YoY
    
    Paradip - 5.70 million tonnes, down by 37% YoY
    
    Visakhapatnam - 4.61 million tonnes, down by 19% YoY
    
    Mumbai - 1.93 million tonnes, down by 9% YoY
    
    New Mangalore - 0.77 million tonnes, down by 56% YoY
    
    Mormugao -0.77 million tonnes, down by 63% YoY
    
    Deendayal - 0.19 million tonnes, up by 67% YoY
    
    SMP Kolkata - 0.10 million tonnes, down by 87% YoY
    
    Chennai - 0.05 million tonnes
12. voda 15 augustus 2022 08:24

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    Samarco Publishes 2021 Sustainability Report
    
    Strategic Research Institute
    Published on :
    15 Aug, 2022, 5:30 am
    
    Brazilian iron ore miner Samarco has released Sustainability Report for 2021 that presents the results of the company's management, as well as internal and external actions developed in favor of a different, safer and sustainable mining, in addition to outlining the company's social, environmental and governance performance. Samarco’s CEO Mr Rodrigo Vilela said “We are a company aware of its role and responsibility. Our report provides a summary of indicators and projects that reflect what Samarco is and intends to be in its New Journey, aware of the need for transparency, which is crucial for us to be a respected organization, authorized by society to operate.”
    
    Samarco maintains its commitment to transparency with society. Since resuming operations in December 2020, the company has reinforced its investment in new technologies, in the responsible use of natural resources and in encouraging good practices, focused on safety and principles such as respect for people. In 2021, Samarco launched the Statement of Commitment to Sustainability, structured around the pillars of governance and organizational culture, social relations, environment and safety and innovation.
    
    The practices are aligned with the ESG agenda, the Global Compact, the United Nations Sustainable Development Goals, the International Council on Mining and Metals and the Charter of Commitment of the Brazilian Mining Institute Ibram.
    
    The report shows a series of advances such as the use of approximately 1,500 pieces of equipment to monitor all geotechnical structures, the conclusion of the initial stage of studying new technologies for dewatering and disposal of tailings, investments of around BRL 7 million in social and institutional programs, more than BRL 1 million in donations to combat the impacts of the pandemic, a new system with 80% of the sandy tailings filtered for dry stacking and investments in the works to de-characterize the Germano dam and pit, now at an advanced stage.
    
    Moreover, the electricity used has come from hydroelectric plants, partly self-generated and partly acquired through a traceable source. As a result, Samarco zeroed indirect greenhouse gas emissions related to energy purchases in 2021. For more details and other results click here.
    
    Samarco is a privately held company that started operations in 1977, a joint venture owned 50/50 by Vale and BHP. Headquartered in Belo Horizonte (MG), it is a pioneer in Brazil in the mining of low-grade iron ore and in the transportation of slurry by pipeline. It is a fully integrated enterprise, with two operating units: the Germano Complex in Mariana, which includes the mines and iron ore processing plants, and the Ubu Complex in Anchieta, where the pellet plants and port terminal are located. Its main product is iron ore pellets, the raw material for steel production in the steel industry.
13. voda 16 augustus 2022 07:00

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    US Steel Production Capacity Utilization Recovers in Week 32
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 5:59 am
    
    American Iron & Steel Institute announced that in the week ending on 13 August 2022, US’s raw steel production was 1.742 million net tons while the capability utilization rate was 79.0%. Production was 1.872 million net tons in the week ending on 13 August 2021 while the capability utilization then was 84.8%. The current week production represents a 6.9% decrease from the same period in the previous year. Production for the week ending on 13 August 2022 is up 1.1% from the previous week ending on 6 August 2022 when production was 1.723 million net tons and the rate of capability utilization was 78.2%.
    
    Southern: 757 KNT
    
    Great Lakes: 557 KNT
    
    Midwest: 202 KNT
    
    North East: 159 KNT
    
    Western: 67 KNT
    
    Adjusted year-to-date production through 13 August 2022 was 56.212 million net tons, at a capability utilization rate of 80.1%. That is down 3.2% from the 58.088 million net tons during the same period last year, when the capability utilization rate was 80.7%.
14. voda 16 augustus 2022 07:01

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    Centravis Continues Production amid Shelling of Nikopol
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:01 am
    
    Leading Ukrainian supplier of stainless seamless pipe maker Centravis continues to work in two shifts, despite the shelling of Nikopol, where it is located. Centravis Chief Sales Officer Mr Artem Atanasov informed clients “The Hot Shop and the Cold Shop continue working in 2 shifts. All key equipment is running. Production is provided with billets and all necessary materials. Our plant was planned and built during years 1935–1944 strictly according to the laws of military architecture during the war. So we are prepared to withstand like no other seamless stainless tubes producer in the world.”
    
    Mr Atanasov added “1,367 of our brave and dedicated employees continue to work to support families, our nation's economy and customers in more than 70 countries.”
    
    The manufacturing facility of Centravis incorporates the hot extrusion and cold drawing shops, which until 2000 had been facilities of the Nikopol Yuzhnotrubny Plant. Centravis product portfolio includes over 1000 standard sizes of pipes and tubes from more than 100 types of corrosion-resistant and heat-resistant steel grades in
    
    General Tubes and pipes
    
    Hollow bars
    
    Heat-exchanger tubes
    
    Instrumentation tubes
    
    Automotive tubes
    
    Boiler tubes
    
    Furnace tubes
    
    Nuclear tubes
15. voda 16 augustus 2022 07:01

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    Ship Recycling in Summer Lull
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:03 am
    
    World's leading cash buyer of ships for recycling GMS said that “Despite ALL major ship-recycling destinations registering gains in steel plate prices in unison and to varying degrees last week, the summer lull continues across the board, with nearly no fresh tonnage to work on and a majority of vessels mooted for a recycling sale, both from Ship Owners and Cash Buyers alike, being converted back to trading again, especially by a re-energized second-hand market. Due to tighter controls that were recently imposed by the Central State Bank on every fresh Letter of Credit valued at over USD 3 Million, Bangladesh is simply unable to work on any vessels valued over this amount. Making matters potentially worse are the recently brewing rumors that the Bangladeshi Government may even restrict this further down to LCs valued at over USD 2 million, which could spell disaster for a market that is generally seeking large LDT units.”
    
    GMS said “Pakistan is also placing similar limits on imports and Gadani Buyers are once again facing difficulties in arranging for US Dollars for large value transactions. In the interim, India is trying its best to scoop up any available & remaining vessels stainless Steel Tankers or specialist units such as Reefers, Passenger & Offshore vessels that may be currently available.”
    
    GMS also said “Finally, the Turkish market, though slightly firmer last week, is still struggling through a torrid local sentiment that is making local Recyclers simply too nervous to offer, even on the rare unit that makes its appearance.”
    
    GMS concluded “Overall, it seems to be that the markets need to wait at least until the fourth quarter, or later, of this year before seeing any increase in the volume of tonnage, as most Ship Owners and Cash Buyers remain disinterested to engage in recycling negotiations, whilst sentiments and pricing remain so shaky. Indeed, it is not even certain if deliveries for large LDT units can take place in both Bangladesh and Pakistan, such is the dire situation regarding global currency depreciations & a shortage of US Dollars, and no Owner is willing to do a deal subject to an uncertain bank & LC approval.”
    
    GMS Price Assessment - India/Bangladesh/Pakistan – Week 32 Unchanged
    
    Dry Bulk – USD 550-570 per LDT
    
    Tankers - USD 560-580 per LDT
    
    Containers - USD 570-590 per LDT
16. voda 16 augustus 2022 07:02

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    Izdemir Reports Strong Results for H1 of 2022
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:05 am
    
    Turkish rebar maker Izmir Demir Celik has registered net profit of TRY 207.9 million (USD 11.6 million) in H1 of 2022 as compared to a net profit of TRY 29.2 million in the first half of 2021. IDC’s sales revenues increased by 157% YoY to TRY 11.0 billion (USD 613 million) and IDC recorded an operating profit of TRY 1.65 billion (USD 92 million) as compared to an operating profit of TRY 516.8 million in the same period of the previous year. EBITDA, which was TRY 607.9 million in H1 of 2021 surged to TRY 1.751 billion in H1 of 2022
    
    IDC’s steel billet output decreased by 6% YoY to 700,053 tonnes, while rebar production totaled 463,750, down by 2% YoY. Besides, 171,265 tonnes of rebar was also produced by tolling. IDC also produced 137,557 tonnes of steel sections, down by 11% YoY. In the first half of 2022, IDC's finished steel sales increased by 0.1% YoY to 760,997 tonnes, while export sales rose by 30% YoY to 207,228 tonnes
    
    Izmir Demir Çelik was established in Aliaga Heavy Industry Zone in 1975 with the aim of producing construction steel and has been operating the rolling mill facilities in 1983 and the steel mill in 1987 and continues its production in the sector for 47 years. In 2013, it commissioned the profile mill designed by Primetals to expand its product range. The aim of this profile mill with an annual capacity of 400,000 tonnes is to make IDÇ a brand in profile production. Izmir Demir Çelik continues its annual production of 1.5 million tonnes of liquid steel and 1 million tonne of ribbed rebar in an area of 550,000 square meters in Izmir Aliaga Facilities.
17. voda 16 augustus 2022 07:04

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 19 apr 2024

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    Metinvest-Supplying 30MnB5 Steel Sheets for Armored Vehicles
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:08 am
    
    Ukrainian steel maker Metinvest is working to organize assistance to the Ukrainian military. In addition to armor plates, which the company already provides to military units, it has also started to supply hot rolled sheet for further heat treatment and production of elements of hard armor protection of equipment. Such products, after strengthening heat treatment, can be used to increase the protection of military, medical transport & utility vehicles and other equipment operating in the high-risk area.
    
    For the production of armored vehicles, Metinvest offers 30MnB5 steel grade in hot rolled sheets of 8x1250x3000mm. After heat treatment, it is able to withstand the impact of the means of attack and its resistance corresponds to class 4 according to the test methodology specified in DSTU 8782.
    
    30MnB5 steel is already known to Ukrainian consumers, because in peacetime it is widely used in agricultural engineering plows, harrows and other wear-resistant working tools for tillage machinery are made from it. In special mechanical engineering, this material, with the correct selection of thickness and heat treatment modes, can be used in the production of individual elements of hard armor protection.
18. voda 16 augustus 2022 07:04

    auteur info

    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 19 apr 2024

    • Aanbevelingen

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    2S Metal Acquires Stake in United Steel Pipe in Thailand
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:11 am
    
    2S Metal board has approved acquisition of 27.27% stake in United Steel Pipe in a related party transaction. United Steel Pipe is steel pipe maker and distributor with factories located in Samut Prakan province of Thailand. On an area of over 100 rai, it has a production capacity of 180,000 tonnes per year of steel pipes & Hallow sections. The proposed post acquisition shareholding of United Steel Pipe
    
    2S Metal PCL - 27.27 %
    
    Other Shareholders - 72.73%
    
    2S Metal was established in 1992 in Bangklam district of Songkhla Province of Thailand. Headquarter has area about 53,280 square meters and production capacity of all kind products about 140,800 tonnes per year, excluding slitting coil. It manufactures cold rolled structural steel such as lip channel steel, steel pipe, steel sheet, wire mesh and stirrups poles. It also does trading of variety products that cannot be produced in company such as angle bar, galvanized pipe, H-beam, I-beam, channel steel, wire mesh, etc.
    
    2S Metal’s warehouses in Thailand are at
    
    Hatyai Warehouse: Bangklam district Songkhla Province
    
    Suratthani Wearhouse: Muang district Suratthani Province
    
    Nakhon Ratchasima Warehouse: Chaloemphrakiat district Nakhon Ratchasima Province
    
    Bangkok Warehouse: Phuttamonthon road Bangkok Province
19. voda 16 augustus 2022 07:05

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    • voda

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    Study Places German Steel Industry at Top for UN’s SDG Goals
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:13 am
    
    The German Steel Federation Wirtschaftsvereinigung Stahl has announced that an economic study by IW Consult on behalf of WV Stahl shows that steel production in Germany, with regard to its supply chains, has a high degree of fulfillment of the selected UN’s Sustainable Development Goals and takes the top spot in an international comparison. This has a positive effect on downstream sectors such as mechanical engineering or the automotive industry as German steel industry is thus enabling its customers to offer sustainable products. WV Stahl Hans President Mr Jürgen Kerkhoff said “Conversely, the migration of steel would be associated with considerable sustainability risks for them, explains of. If, for example, mechanical engineering had to completely replace its steel supplies from Germany with Chinese imports, the CO2 emissions in the corresponding value chain increase by 13 million tonnes. The calculations take into account that in Germany steel production itself and the preliminary work required for this are significantly less CO2 intensive than is the case in China.”
    
    In an international comparison, the steel industry in Germany has the lowest sustainability risks along its supply and value chains. With its special position at the beginning of industrial value creation, steel is not only of considerable economic, but also ecological and social importance for downstream sectors such as mechanical engineering or the automotive industry. This is the central result of an economic study by IW Consult on behalf of the Steel Industry Association WV Stahl, in which the sustainability of the steel value chain in Germany and the largest competitor countries was analyzed along four central UN SG goals.
    
    This is substantiated with concrete figures using the example of the CO2 footprint of central customer industries: If mechanical engineering had to completely replace its steel deliveries from Germany with Chinese imports, the CO2 emissions in the corresponding value chain would increase by 13 million tonnes. In the automotive industry, the CO 2 increase would be 8.4 million tonnes, which corresponds to the annual emissions of around 4.2 million average passenger cars. The calculations take into account that in Germany steel production itself and the preliminary work required for this are significantly less CO2 intensive than is the case in China.
20. voda 16 augustus 2022 07:06

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    • voda

      Lid sinds: 02 dec 2005

      Laatste bezoek: 19 apr 2024

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    Tata Steel’s Shotton Works Starts Using HVO Bio Based Fuel
    
    Strategic Research Institute
    Published on :
    16 Aug, 2022, 6:16 am
    
    Tata Steel’s Shotton Works in UK is trialing the use of a special type of bio based diesel alternative in its on-site vehicles to reduce the site’s carbon footprint as part of its sustainability commitment. Tata Steel’s Shotton Works took receipt of its first full delivery of HVO bio based fuel at the beginning of July and so far it has delivered on its promise of performance and reduced emissions. Tata Steel’s Shotton Works Manager Mr Bill Duckworth said “Converting our onsite vehicles to HVO, alongside the introduction of electric vehicles, is another activity that helps towards our target of reducing our site CO2 emissions by 20% this year.”
    
    The Hydrotreated Vegetable Oil fuel is a low-carbon, low-emission, fossil-free and sustainable alternative to conventional diesel, made from 100% renewable raw materials. The bio-based liquid fuel comes from many kinds of vegetable oils such as rapeseed, sunflower and soybean, and offers a fossil-free alternative to conventional diesel. Not only does HVO offer 100% renewable diesel replacement, but it can reduce carbon emissions by 90% compared to traditional diesel, without any impact on vehicle reliability and performance.”
    
    Shotton produces a wide range of galvanised and pre painted products using steel coil supplied from the integrated steelmaking site at Port Talbot & sells around 500,000 tonnes a year. The Colorcoat lines at Shotton use 11 million litres of paint each year. ll 87 floors of The Shard in London are made from steel galvanised at Shotton. The building contains nearly 1,000 tonnes of steel processed in Shotton. IKEA uses bespoke colours on its retail stores, to match its corporate identity. Shotton has produced ‘Ikea Blue and Ikea Yellow’ for many of these stores. The replacement roof at Victoria Station in London featured double-sided Colorcoat HPS200 Ultra. Shotton’s Colorcoat painted steel products and cladding systems were used in both the roof and wall cladding at Manchester United’s Old Trafford stadium.