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1. voda 13 december 2022 08:18

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   ISMT to Sell Captive Power Plant to Omsairam Steels & Alloys
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:45 am
   
   India’s leading manufacturer of seamless pipes ISMT has agreed to sell a 40 MW captive power plant, which has not been operational since 1 April 2014, on a slump sale basis for INR 65.71 crores to Omsairam Steels & Alloys. ISMT said “The sale of CPP will strengthen the Balance Sheet/ financial position of the Company as CPP is non operational and will also help reduce the annual operating cost that is incurred by the Company to keep CPP in working condition.”
   
   The transaction is expected to be completed by 26 February 2023.
   
   Jalna based Omsairam Steels & Alloys Private Limited is engaged in manufacturing of TMT Bars and Billets.
2. voda 13 december 2022 08:19

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   Danieli to Expand Roofings Rolling Mills Cold-Strip Complex Uganda
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:45 am
   
   Uganda’s leading steel maker Roofings Rolling Mills has relied on Danieli by giving the order for its cold-strip capacity and product portfolio expansion. The new cold-rolling mill, hot-dip galvanizing, color-coating and side-trimming line will be installed in Kampala in Uganda, partially at the existing site and partially in a new, nearby building, taking advantage of the existing transportation infrastructure. The investment will allow Roofings to produce an additional 100,000 tonnes per year of galvanized coils and 50,000 tonnes per year of painted coils, in an efficient and ecological way.
   
   Danieli will supply the complete mechanical, hydraulic, electrical and automation equipment. The single-stand cold-reversing mill will be equipped with heavy-duty positive & negative bending and ultrafast HAGC control to obtain impressive thickness tolerances. Advanced automation will allow superior performances in terms of product quality and productivity, consistently.
   
   The hot-dip galvanizing line will feature Danieli Kohler X-jet gas wiping system ensuring coating with excellent uniformity at 160 meters per minute.
   
   The high-production, color-coating line will feature Danieli Fata Hunter chemical and paint coaters and catenary-type prime and finish ovens, which will deliver the requested high-quality coating and visual results.
   
   Danieli Automation will provide full electric and automation systems including Level 1, making use of the powerful IPC-based HiPAC platform, and Level 2 to handle plant process setup and reporting functionalities.
   
   The same modular automation architecture applied to the new mill and lines will ease the management by maintenance engineers and plant operators for production and maintenance.
   
   The facility is scheduled to go on stream by mid 2024, making Roofings the largest and most modern cold-strip complex operating in East and Central Africa.
3. voda 13 december 2022 08:19

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   JSW Steel Buys Land near Dolvi for Steel Recycling JV’s Plant
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:46 am
   
   Business Line reported that JSW Steel has acquired a land parcel spread over 30.5 acres in Pen in Raigad district of Maharashtra, about 4 km away from its existing 10 million tonne per annum integrated steel plant at Dolvi for INR 23 crore. JSW Steel’s Joint Managing Director Mr Seshagiri Rao said “JSW Steel said the project will be completed in 12-18 months after completion of land acquisition which should take about one-two months. The steel recycled will be used in the steel manufacturing plant at the Dolvi plant. Once this project is competed, the joint venture company will replicate it at other steel plants of the company.”
   
   Mr Rao added that the joint venture partner has all the know-how on processing scrap and it will come in hand while setting up the project.
   
   JSW Steel plans to set up a steel recycling plant at Pen in joint venture with New Zealand’s metal recycler National Steel Holdings at an investment of INR 175 crore using industry-leading machinery, technical know-how and relevant processes.
   
   Though scrap is the main raw material for secondary sector, primary steel producers also use the metal scrap in the charge mix of BOF (basic oxygen furnace) to the tune of 15% to improve efficiency, minimise cost of production and other process needs.
4. voda 13 december 2022 08:20

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   IG Metall Seeks Commitment for Green Conversion of HKM Steel Plant
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:46 am
   
   German steel workers union IG Metall has warned that the conversion to climate-neutral steel production at Hüttenwerke Krupp Mannesmann, which would be the end of Germany's second largest steel works, is in danger of failing due to lack of financing. IG Metall sees thousands of jobs at risk and has called on the shareholders of HKM to clearly commit to the future of the traditional steelworks and to invest in its conversion now.
   
   IG Metall executive board member and Thyssenkrupp’s deputy chairman of the supervisory board Mr Jürgen Kerner said “In almost all steel companies along the blast furnace route, the transformation towards green steel production has meanwhile been initiated with concrete investment decisions. A concrete concept is also on the table for HKM. What is missing is the financing commitment from the shareholders. However, it must not be the case that the transformation of the company fails because of their hesitation and procrastination. Thyssenkrupp Steel Europe AG and Salzgitter AG as the largest shareholders now have to take responsibility.”
   
   IG Metall’s First Chairman Mr Jörg Hofmann added “It is now very specifically about the future of our colleagues at HKM. But there is much more at stake: what is at stake is industrial value creation and thus the future of good jobs in Germany. If we do not succeed in transforming the basic industry into the climate-neutral age and thereby strengthening closed value creation networks in Germany, this will have dramatic effects on the entire industrial location - far beyond the steel industry. An out of the HKM would be a fatal signal. That is why the shareholders of HKM must now live up to their responsibility and invests in the future.”
   
   The French pipe manufacturer Vallourec intends to give up its 20% stake in HKM and withdraw from Germany. Against this background, the two remaining shareholders Thyssenkrupp Steel Europe with 50% and Salzgitter with 30% are struggling to find a solution for the future of HKM.
   
   With a current production volume of 4.2 million tonnes of crude steel per year and a capacity of 5.6 million tonnes, HKM is Germany's second largest steel works. 3,100 steelworkers are currently employed there.
5. voda 13 december 2022 08:21

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   Australia Extends AD Duty on HR Imports from Taiwan
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:47 am
   
   AFR reported that Australia’s largest steelmaker BlueScope has been successful in an application to have anti-dumping duties extended on hot-rolled coil steel from Taiwan after warning federal authorities of a flood of excess steel headed for Australia as the economy in China slows. The Anti-Dumping Commission agreed and Federal Industry Minister Mr Ed Husic signed off in late November on dumping duties of up to 5.5% which apply to Taiwan makers of hot-rolled coil steel selling into Australia. The ruling applies from 20 December when existing measures were due to expire.
   
   Chung Hung Steel - 5.1%
   
   China Steel Corp - 3.2%
   
   Shang Chen Steel – 2%
   
   All other – 5.5%
   
   The Anti-Dumping Commission report found that price is a major factor in the purchasing decisions of customers and that imports from Taiwan during the inquiry period have generally been the lowest priced in the Australian market and they had sometimes undercut the Australian industry’s selling prices. The Anti-Dumping Commission also found that Taiwan has been the most consistent and materially significant source of hot-rolled coil imported into the Australian market.
   
   The Commission found that Taiwanese exporters have total spare production capacity greater than the total size of the Australian hot-rolled coil market, and that capacity “cannot be idled in an economic downturn. Some of it would be directed towards the Australian market in the absence of anti-dumping measures.
   
   Anti-dumping duties were imposed on steel from Taiwan in 2012 and were continued in 2017. The Anti-Dumping Commission found Taiwanese hot-rolled coil consistently comprised a significant proportion of the total amount imported into Australia. It found that while prices increased significantly during the inquiry period as demand from the construction and infrastructure industries increased during the pandemic, this was likely to recede as supply and demand normalized.
   
   A letter on 11 September to the Anti-Dumping Commission from BlueScope warned that if the anti-dumping duties weren’t maintained then prices will fall below non-injurious measures. The BlueScope application cited an assessment on August 10 that prices are coming under pressure Steel production is being cut due to squeezed margins, amid surging costs and falling prices. Prices are expected to continue to trend lower for the remainder of 2022 as supply improves, global economic growth slows, and China’s real estate sector remains subdued.”
6. voda 13 december 2022 08:21

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   Jiangxi Province’s Xinyu Steel Merger with Baowu Approved
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:47 am
   
   The merger of China Baowu Steel Group and Xinyu Iron & Steel has passed an anti-monopoly review by China’s State Administration for Market Regulation
   
   Earlier this year, Jiangxi provincial government’s State-owned Assets Supervision and Administration Commission transferred a 51% stake in Xinyu Iron to Baowu for free as part of its merger of companies in similar industries. Upon completion of the merger, Baowu will indirectly control 44.8% of Xinyu, while the latter’s actual controller will be the Jiangxi province branch of SASAC, according to an earlier filing.
   
   Xinsteel Group is located in Xinyu city in Jiangxi Province and has an annual crude steel capacity of 10 million tonnes.
7. voda 13 december 2022 08:22

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   BILSTEIN GROUP to Buy Bluemint Green Steel from Thyssenkrupp
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:48 am
   
   Together with thyssenkrupp Steel Europe and thyssenkrupp Hohenlimburg, the BILSTEIN GROUP from Hagen has taken an important step forward on the road to decarbonizing steel production and processing. Both thyssenkrupp companies have concluded letters of intent for the supply of climate-friendly bluemintSteel from 2023 onward. On the basis of CO2-reduced wide strip directly from the Duisburg steelworks as well as climate-friendly bluemint precidur precision strip from Hohenlimburg, the BILSTEIN GROUP will in future be able to offer its customers CO2-reduced cold-rolled products across its entire product range.
   
   The volumes purchased by the BILSTEIN GROUP will increase gradually up to 2030, and from 2026 onward will come from thyssenkrupp Steel's direct reduction plants with melters in Duisburg, which will be operated with green hydrogen and renewable electricity.
   
   With thyssenkrupp's high-precision hot strip in a wide range of grades, the BILSTEIN GROUP manufactures products for highly demanding cold rolling applications in the automotive sector as well as the processing and tool making industries.
   
   Whether in saws and tools, door fittings, coins or vehicle seats: The BILSTEIN GROUP's high-quality cold-rolled products are used in numerous industrial and household applications. Since the technical properties of the CO2-reduced products do not differ from those of conventional steel grades, the BILSTEIN GROUP, with these products made from certified steels with reduced CO2 intensity, remains true to its globally acknowledged quality.
   
   The BILSTEIN GROUP is a seventh-generation, family-run group of companies with headquarters in Ennepetal, Germany. The internationally renowned product brands febi, SWAG and Blue Print are united under its strong umbrella. As a supplier and manufacturer, the BILSTEIN GROUP is a worldwide leading specialist in the Independent Aftermarket. It offers repair solutions for all common vehicle types in the car and commercial vehicle sector.
8. voda 13 december 2022 08:22

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   AP Approves JSW Steel’s Kadapa Steel Plant Proposal
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:48 am
   
   Andhra Pradesh Chief Minister Mr YS Jagan Mohan Reddy has approved a steel plant project in AP. The Andhra Pradesh State Investment and Promotion Board approved setting up of a steel plant in Kadapa for an investment of INR 8800 crore
   
   The proposal from JSW Steel Limited to set up a steel plant unit in YSR Kadapa district in two phases has been approved. The plant’s target is generating a capacity of over 3 million tonnes per year.
9. voda 13 december 2022 08:23

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   USITC Votes to Extend AD Duty on SS Wire Rods from India
   
   Strategic Research Institute
   Published on :
   13 Dec, 2022, 5:49 am
   
   The US International Trade Commission has determined that revoking the existing antidumping duty order on imports of stainless steel wire rod from India would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the Commission’s affirmative determination, the existing order on imports of this product from India will remain in place.
   
   This action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. See the attached page for background on these five-year (sunset) reviews. The five-year (sunset) review concerning Stainless Steel Wire Rod from India (Fifth Review) was instituted on May 2, 2022. On August 5, 2022, the Commission voted to conduct an expedited review. US ITC concluded that the domestic group response was adequate and the respondent group response was inadequate and voted for a full review.
   
   The merchandise covered by the Order are SSWR from India, which are hot-rolled or hot-rolled annealed and/or pickled rounds, squares, octagons, hexagons or other shapes, in coils. The SSWR subject to the Order are currently classifiable under subheadings 7221.00.0005, 7221.00.0017, 7221.00.0018, 7221.00.0030, 7221.00.0045, and 7221.00.0075 of the Harmonized Tariff Schedule of the United States (HTSUS). Although the HTSUS subheadings are provided for convenience and customs purposes, the written description of the merchandise subject to the Order is dispositive. A full description of the scope of the Order is contained in the Issues and Decision Memorandum.^
   
   The merchandise are stainless steel wire rod from India, which are hot-rolled or hot-rolled annealed and or pickled rounds, squares, octagons, hexagons or other shapes, in coils. The stainless steel wire rods are currently classifiable under subheadings 7221.00.0005, 7221.00.0017, 7221.00.0018, 7221.00.0030, 7221.00.0045 and 7221.00.0075 of the Harmonized Tariff Schedule of the United States.
10. voda 13 december 2022 08:24

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    Tata Steel Revamping 3 Stoves at Port Talbot’s Blast Furnaces
    
    Strategic Research Institute
    Published on :
    13 Dec, 2022, 5:49 am
    
    A program of improvements at Tata Steel’s blast furnaces will reduce the site’s carbon footprint by about 160,000 tonnes of CO2 a year. The continuous improvement program of work in three of the seven stoves will upgrade the burners that generate heat, with two new best available technology units being installed. Many of the refractory bricks that store heat and make hot blast air, are also being replaced. The work is being carried out while the remaining operational stoves are in use.
    
    The two Port Talbot furnaces, which currently produce around 3.6 million tonnes of liquid iron each year, are powered by high pressure hot blast air that is superheated to temperatures of more than 1,100 degree Celsius. Recycled on-site process gases are used to heat the air in seven refractory-brick-lined stoves, before it is injected into the furnaces. Each stove is around 45 meter high and 8 meters diameter.
    
    Stoves are critical to the running of blast furnaces. Any loss of efficiency in heating the air means to use more gas than is optimum, or to replace that lost energy by using more metallurgical coke to chemically reduce the iron ore inside the furnaces.”
11. voda 13 december 2022 08:25

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    Steel
    Nithia Capital Launches Evonith Brand for Investments in India
    Evonith Brand
    Evonith BrandImage Source – Evonith
    Strategic Research Institute
    Strategic Research Institute
    Published on :
    13 Dec, 2022, 5:50 am
    Nithia Capital has announced the launch of the Evonith brand platform for its investments in India in steel, metals & mining, power, infrastructure, and allied industries. The name Evonith signifies the evolution of Nithia. The logo showcases three peaks keeping in mind the core values of the organisation, ie, people, impact, and excellence. As a brand
    
    We are HERE FOR ALL —for our clients, our people, and our entire community.
    
    We are HERE for the safety and well-being of our people in the plants, in their workplaces, and in their lives.
    
    We are HERE for the sustainability of our communities.
    
    We are HERE to strengthen and grow our relationships with all of our stakeholders.
    
    We are HERE for a BETTER TODAY
    
    We are Evonith!
    
    Nithia Capital’s Founder & CEO and Chairman of newly launched Evonith Mr Jai Saraf said “Evonith is rooted in a mindset of continuous evolution. We believe in eternally moving upwards and onwards. It reflects in our core identity. The launch of Evonith in India furthers our desire to grow beyond conventional business models and become the backbone of our community, the lynchpin of sustainability, and to continue to hold ourselves to a higher standard.”
    
    Mr Saraf added “We are not just a manufacturing business, but a cost-efficient, sustainable corporation that cherishes its local communities. By enhancing the lives of our stakeholders through a variety of socio-cultural and well-being initiatives, we have built a vibrant and forward-thinking workplace.”
    
    Over the past two years, Nithia has successfully turned around the operations of UGML and UVSL breaking all production and productivity records of the past. UGML successfully completed and commissioned the second blast furnace, thereby clearing the path to take the iron making capacity to 1.5 million tonne per annum upon completion of relining of BF with expanded volume
    
    At the Wardha Steel Complex, Evonith has a designated investment strategy to transform the current asset base through to make it a fully integrated 2.5 plus million tonne per annum steelmaking complex. Furthermore, Evonith will continue to seek investment opportunities across the metals & mining space where its values and business expertise can be brought to the fore.
    
    Nithia's flagship Indian investments in Uttam Galva Metallics Limited and Uttam Value Steels Limited will also rebrand itself as below, once all legal and compliance formalities are completed soon:
    
    UGML: Evonith Metallics Limited
    
    UVSL: Evonith Value Steel Limited
    
    Commenting on the launch Jai Saraf, of
    
    UGML provides the hot metal/pig iron for UVSL and third parties to manufacture steel. UVSL manufactures steel from this hot metal to produce value added flat steel products such as hot rolled coil, cold rolled coil and galvanised coils and sheets.
12. voda 13 december 2022 08:27

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    Ministry of Steel Select 67 Application under PLI Scheme for Steel
    
    Strategic Research Institute
    Published on :
    13 Dec, 2022, 5:51 am
    
    India’s Steel Ministry announced that 67 applications from 30 companies have been selected. This will attract committed investment of INR 42500 Crore with a downstream capacity addition of 26 million tonne and employment generation potential of 70000.
    
    HR COIL, SHEETS AND PLATES API GR 52<=X<=70
    
    JSW Vijayanagar Metallics Limited
    
    Jindal Steel Odisha Limited
    
    ArcelorMittal Nippon Steel India Limited
    
    HIGH TENSILE SHEETS, COIL, PLATES, YS>=450
    
    JSW Vijayanagar Metallics Limited
    
    Jindal Steel Odisha Limited
    
    ArcelorMittal Nippon Steel India Limited
    
    AUTO GR STEEL AHSS (CRCA)
    
    Jindal Steel Odisha Limited
    
    Tata Steel Limited
    
    CRGO
    
    Jsw Steel Limited
    
    CRNO
    
    JSW Steel Limited
    
    Tata Steel Limited
    
    TIN MILL PRODUCTS
    
    The Tinplate Company of India Limited
    
    JSW Steel Coated Products Limited
    
    Jindal Steel Odisha Limited
    
    Bhushan Power & Steel Limited
    
    COATED/PLATED PRODUCTS OF METALLIC/NON-METALLIC ALLOYS
    
    ArcelorMittal Nippon Steel India Limited
    
    Tata Steel Limited
    
    Jindal Steel Odisha Limited
    
    Mahalakshmi Profiles Private Limited
    
    Colorshine India Private Limited
    
    Gallantt Metalliks Limited
    
    AL-ZN COATED (GALVALUME)
    
    Colorshine India Private Limited
    
    Jindal Steel Odisha Limited
    
    Gallantt Metalliks Limited
    
    GALVANNEAL/GL-AUTO-GR
    
    ArcelorMittal Nippon Steel India Limited
    
    Jindal Steel Odisha Limited
    
    COLOUR COATED
    
    JSW Steel Coated Products Limited
    
    Shyam Metalics Flat Product Private Limited
    
    Jindal Steel Odisha Limited
    
    ASYMMETRIC RAILS
    
    Steel Authority of India Limited
    
    Patil Rail Infrastructure Private Limited
    
    HEAD HARDENED RAILS
    
    Steel Authority 0f India Limited
    
    ALLOY STEEL: TOOL & DIE STEEL
    
    Kirloskar Ferrous Industries Limited
    
    Star Wire (India) Limited
    
    Aamorinox Limited
    
    Saarloha Advanced Materials Private Limited
    
    Sunflag Iron & Steel Company Limited
    
    ALLOY STEEL: VALVE STEEL
    
    Kirloskar Ferrous Industries Limited
    
    Star Wire (India) Limited
    
    Aamorinox Limited
    
    Saarloha Advanced Materials Private Limited
    
    Sunflag Iron & Steel Company Limited
    
    ALLOY STEEL: BEARING STEEL
    
    Kirloskar Ferrous Industries Limited
    
    Bhushan Power & Steel Limited
    
    Tata Steel Long Products Limited
    
    Shreeyam Power & Steel Industries Limited
    
    Sunflag Iron & Steel Company Limited
    
    Kalyani Steels Ltd
    
    AUTOMOTIVE POWERTRAIN STEEL
    
    Tata Steel Long Products Limited
    
    Bhushan Power & Steel Limited
    
    Arora Iron & Steel Rolling Mills Private Limited
    
    Vardhman Special Steels Limited
    
    Kalyani Steels Ltd
    
    Sunflag Iron & Steel Company Limited
    
    PRECIPITATION HARDENED STAINLESS STEEL
    
    Sunflag Iron & Steel Company Limited
    
    TYRE BEAD WIRE
    
    Rajratan Global Wire Limited
    
    Shreeyam Power & Steel Industries Limited
    
    Bansal Aradhya Steel Pvt Ltd
    
    Lloyds Metals & Energy Limited
    
    Tata Steel Limited
    
    Patil Rail Infrastructure Private Limited
    
    TYRE CORD (BRASS COATED)
    
    Bekaert Industries Pvt Ltd
    
    Tata Steel Limited
    
    OIL TEMPERED SPRING STEEL WIRE
    
    Lloyds Metals & Energy Limited
    
    Aamorinox Limited
    
    C - CLASS ZINC COATED WIRE
    
    Bansal Wire Industries Limited
    
    ZINC - ALUMINIUM COATED WIRE
    
    Bedmutha Industries Ltd
    
    Production Linked Incentive Scheme for Specialty Steel was approved by Union Cabinet in July 2021, with a five-year financial outlay of INR 6322 Crore to promote the manufacturing of 'Specialty Steel' within the country by attracting capital investment, generate employment and promote technology up-gradation in the steel sector. The application window for participation in the PLI scheme was closed on 15 September. A total of 79 applications were received from 35 small and large steel-making companies, committing to investment of INR 46,000 Crore and downstream capacity addition of 28 million tonne over by 2030.
13. voda 14 december 2022 09:36

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    G7 Nations to Establish Climate Club for Decarbonization
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:47 am
    
    There are four important components of an effective program for global cooperation on industrial decarbonization that the G7 can lead in designing and promoting. In fact, the G7 may be the only multilateral entity capable of catalyzing such a program to accelerate the progress needed for hard-to-abate industries to meet Paris climate goals. The heads of state and government of the G7 states have agreed on a first statute for a climate club, which is to be open to all countries and will begin its work next year. The club members should agree on common paths to climate neutrality by 2050. The initial focus should be on the decarbonisation of industry. The Organisation for Economic Co-operation and Development, together with the International Energy Agency, is to establish a secretariat for the Climate Club. According to Federal Minister of Economics and Climate Protection Robert Habeck, lead markets for green steel are to be created with the support of the Climate Club.
    
    Below are four key steps that the G7 can take to increase coordination on industrial decarbonization.
    
    Exert leadership. The G7’s leadership is essential to accelerate general acceptance of the International Energy Agency methodology for measuring embedded carbon in steel and cement, or a version or portion thereof, as one key element in formation of a “climate arrangement” whose focus will be industrial decarbonization in hard-to-abate sectors beginning with steel, cement, and aluminum, on a sectoral basis.
    
    Help design a venue and governance framework. The G7 could agree on and help design a venue and governance framework for administering reliable and confirmable labeling of steel and cement facilities (and possibly products) and maintaining access to transparent data to support such a system. This venue and framework should not, however, rest within the G7.
    
    Engage India and China. The adoption of standards and establishment of a governance venue should take account of the need for early engagement with India and China, with the expectation that they will eventually become participants, since they will be the two largest future producers of steel and among the largest users. In fact, India will likely increase new installed capacity more than any other country. Key issues in engaging India will include the availability and collection of relevant data across the industry and policies of the Indian government in requiring a new regime of data acquisition and reporting.
    
    Develop funding strategies. The G7 will need to develop funding strategies for assisting the transformation of the steel industries in countries where regional private capital is available but large-scale global private investment is likely to be difficult to access, particularly in India but also in Vietnam, South Africa, and others, with an initial focus on the “Just Energy Transition Partnership” approach of G7 partners developed to help decarbonize the power sector in South Africa and elsewhere (Indonesia, Vietnam).
    
    Since only ten countries produce approximately 80 percent of world steel, it will be sufficient for even the most inclusive eventual steel decarbonization platform (or even an eventual “world agreement”) to target at the outset only the United States, the EU (Germany and Italy are the only EU countries in the top ten nation-states), India, China, Japan, South Korea, Russia, Turkey, and possibly Brazil. Others that could observe or join later as major producing, importing, or consuming countries include Ukraine, Vietnam, Poland, South Africa, and Indonesia. Canada and Mexico could potentially participate with the United States in a North American partnership. Potential “associate” membership categories that include companies, trade associations, and others are discussed below.
14. voda 14 december 2022 09:36

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    • voda

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    SSAB Americas Publishes EPDs for Commercial Steel & AHSS
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:47 am
    
    Mobile Alabama based SSAB Americas has released its Environmental Product Declarations results of its commercial steel and advanced high strength steel product lines in the US. UL Environment verified SSAB’s US EPDs as part of a six-month process that started with the development of applicable Life Cycle Assessments for associated SSAB facilities. Results show SSAB Americas EPDs are industry leading in lower environmental impacts when compared to the American Iron and Steel Institute steel industry data and the Buy Clean California Act threshold limits.
    
    SSAB’s EPDs release coincided with an announcement from the White House last week on its "Buy Clean" initiative to focus on the purchase of more environmentally sustainable products, including steel and concrete, for government-funded construction and other projects.
    
    As part of SSAB Americas on-going commitment to create a stronger, lighter and more sustainable world, the certified EPD results demonstrate the long-term beneficial focus of SSAB Americas environmental sustainability. It also provides a response to requests from our key stakeholders, including customers, suppliers and the political and investment communities about SSAB Americas-produced steel’s environmental impact.
    
    An EPD is an independently verified document that provides transparent, comparable information about the environmental impact of products from the lifecycle perspective.
15. voda 14 december 2022 09:37

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    • voda

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    Nucor Promotes Mr Noah Hanners as Executive Vice President
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:48 am
    
    Charlotte North Carolina headquartered US’s leading steelmaker Nucor Corporation announced that Mr Noah Hanners will be promoted to Executive Vice President effective 1 January 2023.
    
    Mr Hanners began his career with Nucor in 2011 as Melt Shop Engineer at Nucor Steel South Carolina. He next served as Shift Supervisor and was then promoted to Melt Shop Manager of Nucor Steel Auburn. Mr Hanners later served as General Manager of Nucor Tubular Products and General Manager of Nucor Steel Kankakee and was promoted to Vice President in 2019. He currently serves as Vice President and General Manager of The David J Joseph Company. Prior to joining Nucor, Mr Hanners served as a major in the United States Army.
    
    Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron & direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
16. voda 14 december 2022 09:38

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    • voda

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    Danieli’s Intelligent Guide System for Wire Rod for British Steel
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:48 am
    
    British Steel has selected Danieli Morgårdshammar Guide Systems to supply intelligent guides in a 4 strand wire rod mill plant in Scunthorpe in UK to bring improvements in production, quality, specification, groove life optimization and of course safety..
    
    Several types of guides will be supplied.
    
    RX25 guides will be mounted on stands 11 and 13, immediately before the Danieli Pre Finishing Module stands. With dynamic force control and self-adapting roller positioning, the guide controls and handles dimensional variations of stock that will decrease roller wear, prolong bearing lifetime, reduce maintenance and extend mill service intervals.
    
    WSG30 guides including Bearing Monitoring System will be mounted on PFM stand 15. This series of guides are dedicated to high-speed plants to achieve very strict product tolerances and superior surface quality, deciding to use two motors in order to control and move independently the position of the left or right roller holders.
    
    Fast-finishing blocks will be equipped with new roller guides SRWE24 N featuring Bearing Monitoring System, to maximize the usage of the bearings by receiving the exact information about their condition and lifetime.
    
    Finally, two Smart Eye setting packages will be supplied with the WSG and SRW roller guides, to control setting and alignment to ensure highest possible yield, good tolerances, surface finish, and to minimize wear on the fast-finishing module blocks and roller guide equipment.
    
    The plant, which operates a Danieli breakdown mill, produces 1 million tonnes per year of 5.5 to 17-mm-dia rounds, for automotive applications including tire cord, suspension and valve springs, bridge cables and many other applications
17. voda 14 december 2022 09:38

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    MMK Launches Based Inventory System Control for Coal & Iron Ore
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:49 am
    
    Russia’s leading steelmaker Magnitogorsk Iron & Steel Works has launched a warehouse inventory system for its coal and iron ore processing facilities using state-of-the art drones. They are able to scan the plant’s stockpiles containing more than one million tonnes of coal and iron ore within several hours, eliminating the need for traditional surveying and enabling swift data collection from inaccessible facilities. The system was introduced by specialists from AI startup SAREX in partnership with MMK-Informservice.
    
    The new technological solution provides full coverage of all Company warehouses, using aerial photography in open-air warehouses and ground laser scanning in indoor warehouses. As a result, the system produces an accurate digital inventory model that can be accessed via a web-interface without the need to install additional software. The solution operates within MMK’s closed IT system in full compliance with information security requirements.
    
    The warehouse inventory system uses digital warehouse models and a separate module of the SAREX system to create dynamic analytical reports, which provide MMK specialists with fast and reliable information about the amount and types of raw materials present in each individual warehouse.
18. voda 14 december 2022 09:39

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    Aceros Arequipa to Expand Bars & Profiles Capacity in Lima
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:49 am
    
    Local media has reported that Lima based Peru’s electric arc furnace steelmaker Aceros Arequipa will Invest USD 100 million in 2023. The report quoted Aceros Arequipa CEO Mr Tulio Salgado as saying that “The main item for the investment is a new rolling mill, with a price estimated at USD 75 million, while other USD 25 million will cover other smaller investments, including a distribution center that is about to be concluded. This new investment reaffirms our purpose in meeting the growing demand of the national and international market, using state-of-the-art technology in all our production processes.”
    
    Aceros Arequipa had approved an investment of USD 75 million for the installation of a new rolling mill at the plant located in Pisco in Peru in February 2022. The investment will give the plant a capacity of 300,000 tonnes per year of steel to be made into bars and profiles. The new rolling mill is expected to start operations between the first and second quarters of 2024.
    
    The new line, together with the two current lines, will provide Aceros Arequipa with a total production capacity of 1.55 million tonnes of finished product per year
    
    The company's new steel mill inaugurated in 2021, at Pisco, is currently operating at a pace of 1.25 million tonne of crude steel per year, its nameplate capacity. According to Salgado, the company is developing works to operate at a higher pace, possibly reaching 1.45 million tonnes per year in 2023.
19. voda 14 december 2022 09:39

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    • voda

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    Tosyali Ropes In Tosyali Harsco for New Plant in Iskenderun
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:50 am
    
    Global market leader providing environmental solutions for industrial and specialty by-products Harsco Corporation announced that its JV Tosyali Harsco has signed a 10 year contract with estimated revenue of USD 210 million USD to provide services at Tosyali's green field steel plant in Sariseki in Iskenderun in Turkey.
    
    Tosyali Harsco's scope of work at the new Sariseki plant will include the treatment of all scraps via sorting, shearing, lancing and cleaning processes, scrap handling and logistics to the melt shop, underfurnace cleaning, ladle slag handling and slag processing.
    
    Initial plant commissioning is set to begin at the new green field steel plant in Sariseki in March 2023. The plant is a significant investment of nearly USD 2.5 billion value for Tosyali and will include a total 4 million tonne capacity, two Quantum electric arc furnaces, slab and billet casting machines, a hot rolling mill, and long and flat product finishing lines. With the Sariseki facility, Tosyali will be the first steel producer in Turkey to use Quantum technology which reduces energy consumption.
20. voda 14 december 2022 09:40

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    IFGL to Expand Refractory Capacity in India
    
    Strategic Research Institute
    Published on :
    14 Dec, 2022, 5:50 am
    
    PTI reported that India’s leading refractories solution provider IFGL Refractories is upbeat about demand in India and export market amid headwinds and has lined up a CAPEX of INR 160 crore by FY 2023-24 to ramp up its capacity and debottlenecking of its plants.
    
    Odisha Plant – INR 50 crores
    
    Kandla Plant – INR 45 crores
    
    Vizag Plant - - INR 65 Crores
    
    Kalunga R&D Center – INR 20 crores
    
    IFGL Director & CEO Mr Kamal Sarda told PTI in an interview “Despite short-term hiccups, we anticipate strong domestic demand, thanks to the government-led infrastructure spending. On the export front, the slowdown in Europe and the USA will only have a short-term impact. Since global companies are replacing some of their China sourcing with some from other countries, such as India, demand will jump significantly in near future.”
    
    Mr Sarda said “We are upbeat about demand in the long term and that is why we have embarked on one of our largest CAPEX plans of INR 160 crore across our plants to augment capacity and debottlenecking. IFGL is well positioned to capitalise on this growth. The expansion will be funded by a mix of internal accruals and bank loans.”
    
    The company has three refractory manufacturing plants in India and facilities in Europe and the USA.