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1. voda 15 februari 2023 06:48

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   MATERIALS PROCESSING INSTITUTE APPOINTED TO RESEARCH POTENTIAL
   
   Strategic Research Institute
   Published on :
   15 Feb, 2023, 5:32 am
   
   UK’s Materials Processing Institute has been appointed to research potential of creating hydrogen from steel sludge. Nanomox is partnering with the Materials Processing Institute to develop a process capable of producing carbon free hydrogen from steelmaking sludges. Funded by the Department for Business, Energy, and Industrial Strategy, through its Industrial Hydrogen Accelerator Programme under the Net Zero Innovation Portfolio, the GBP 173,000 feasibility study also seeks to extract valuable materials, including zinc, from the waste.
   
   The feasibility study is based at Imperial College London and the Materials Processing Institute’s Teesside campus. It is envisaged the project will be scaled up into a two-year demonstration project, initially involving the Institute’s hi-tech Normanton steel plant before transferring to an operational steelworks.
   
   The feasibility study will gather data on hydrogen production rates, together with the quality and optimisation of the process conditions. It will then be followed by a proposal to use the Institute’s onsite steelmaking works, which also includes a zinc removal pilot plant.
   
   With 6.7 million tonnes of steelmaking sludge stockpiled in the UK and 90,000 tonnes generated annually, a breakthrough would deliver widespread economic and environmental benefits.
   
   Nanomox, an innovative spin-off from Imperial College London, has developed a patent pending process using green catalytic solvents at low temperatures to achieve direct oxidation of metals, which offers enormous energy efficiency improvements over existing technologies. This patent pending process can treat metal-containing wastes whilst producing significant volumes of hydrogen that can fuel the steelmaking process. In addition, it will reduce reliance on energy intensive pyrometallurgical processes while cutting the amount of material ending up in landfill.
2. voda 15 februari 2023 06:49

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   NMDC Posts INR 904 Crore Profit in Oct-Dec’22 Quarter
   
   Strategic Research Institute
   Published on :
   15 Feb, 2023, 5:33 am
   
   India’s state owned iron ore miner NMDC has registered its best ever production of 10.66 million tonnes of iron ore in October-December quarter of 2022-23, flat YoY while sales was down 3% YoY at 9.58 million tonnes. NMDC has reported a turnover of INR 3,925 crore in October-December 2022 up 5% YoY and profit of INR 904 crore up 2% YoY. NMDC CMD Mr Sumit Deb said“Iron and Steel industry is the backbone of India's infrastructure growth and this year’s Union Budget emphasis on increasing capex will propel a robust domestic steel demand. With thriving iron ore production and growing capital that can be reinvested in the company, NMDC is ready to meet the demand.”
   
   NMDC’s iron ore production in April-December 2022 stood at 26.69 million tonnes, down 6% YoY while sales was 25.81 million tonnes down 9% YoY. NMDC has reported a turnover of INR 12,593 crore in April-December 2022 down 34% YoY and profit of INR 3,261 crore down 57% YoY.
3. voda 15 februari 2023 06:50

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   AM/NS INDIA Orders Two Double Strand Slab Casters from Danieli
   
   Strategic Research Institute
   Published on :
   15 Feb, 2023, 5:33 am
   
   AM/NS India as awarded Danieli for the design and supply of two double-strand slab casters at Hazira works in Gujarat in India. The scope includes complete engineering, equipment and automation supply with all the latest Danieli technological packages, like Danieli solidification and dynamic soft-reduction models Q-Cool, Q-Core, Q-Pulse. The two casters are expected to start production by early 2025.
   
   This will enable AM/NS India to produce an additional 6 million onne per year of prime quality slabs in a range from 250mm up to 350mm of thickness, and up to 2200mm of width.
4. voda 15 februari 2023 06:51

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   US Steel to Supply Low Carbon verdeX® Steel to General Motors
   
   Strategic Research Institute
   Published on :
   15 Feb, 2023, 5:34 am
   
   United States Steel will supply General Motors with its advanced and sustainable steel solution called verdeX® steel. The steel is manufactured with up to 75% fewer emissions compared to traditional blast furnace production, is made with up to 90% recycled content and is endlessly recyclable without degradation.
   
   US Steel’s verdeX® steel will be manufactured at Big River Steel, a LEED Certified® facility that also meets the ResponsibleSteel™ Standard site certification, along with a new advanced technology mill under construction in Osceola in Arkansas. The steel produced at the Big River Steel facility will begin shipping to GM manufacturing facilities starting this year.
   
   When complete, US Steel’s new USD 3 billion facility currently under construction in Osceola, will use advanced technology to expand production of sustainable advanced high-strength and electrical steels, including expanding our verdeX® steel offering which will be widely available to manufacturers and can help lower their carbon footprint.
   
   US Steel was the first American steelmaker to announce a net-zero greenhouse gas emissions goal by 2050 and the first North American steel company to join ResponsibleSteel™, a global not-for-profit working to make steel more sustainable.
5. voda 15 februari 2023 06:51

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   Alacero Ropes In Wood Mackenzie for Decarbonization of Steel
   
   Strategic Research Institute
   Published on :
   15 Feb, 2023, 5:34 am
   
   Latin American Steel Association Alacero and leading energy, analytics and consulting company Wood Mackenzie have announced a new partnership aimed at supporting the decarbonization of the steel industry in Latin America, a region that produced over 60 tonnes of steel in 2022. The partnership, established in January 2023, will leverage the expertise of both organizations to tackle the complex and challenging process of reducing greenhouse gas emissions in the region. With the Paris Agreement's goals in mind, the partnership will work towards a low-carbon future for the steel industry.
   
   Alacero and Wood Mackenzie believe that by working together, they can help the steel industry in Latin America navigate the challenges of the transition. So that, combining Wood Mackenzie's expertise in energy, chemicals, and mining research, with Alacero's extensive knowledge of the Latin American steel industry, this process will consider the different economic and social realities between developed and developing regions.
   
   Latin America starts from a more favorable situation and has an opportunity in a future of sustainable development given the abundant availability of natural resources and the conditions for developing and implementing renewable energy and biomass projects. Latin America also has the lowest CO2 emissions per ton of crude steel produced of 1.66 tonne when compared to the world 1.91 tonne and China’s 2.24 tonne.
   
   The partnership will help ensure that the steel industry in Latin America remains competitive, resilient, and sustainable for generations to come. Steel is part of the solution for a sustainable and low-carbon future.
6. voda 15 februari 2023 06:53

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   WTO to Hold Trade Forum for Steel Decarbonization Standards
   
   Strategic Research Institute
   Published on :
   15 Feb, 2023, 5:35 am
   
   World Trade Organization, which deals to ensure that trade is carried out in the most fluid, predictable and free way possible, has announced to organize an in person & Zoom based Trade Forum for Decarbonization Standards on 9 March 2023 from 02:00-16:00, for which in person registration will close on 6 March. WTO said “Promoting transparency and coherence in the iron and steel sector will promote a multi-stakeholder dialogue on the role of coherent and transparent standards in accelerating the global scale up of low carbon steelmaking technologies and avoiding trade frictions. It will bring together WTO Members, industry, standards bodies, international organizations, and academic experts to share perspectives on challenges and opportunities around decarbonization standards and the potential role of the WTO in promoting international cooperation with a focus on the iron and steel supply chain.”
   
   The speakers include
   
   --------------
   
   14:00-14:45 (Leaders' Conversation: Leading the charge to tackle the decarbonization challenge for trade)
   
   World Trade Organization Director-General Dr Ngozi Okonjo-Iweala
   
   Burkina Faso’s President’s Special Envoy for SDGs & Climate Change HRH Princess Abze Djiqma
   
   ArcelorMittal CEO Mr Aditya Mittal
   
   --------------
   
   14:45-16:00
   
   Action Panel 1: Laying the foundation for coherent and transparent steel decarbonization standards
   
   POSCO’s International Trade Office Head Mr Kyung-han Kim
   
   China Baowu Steel’s Central Research Institute’s Decarbonization Director Ms Yinghao Liu
   
   Gerdau’s Environmental Manager Ms Cenira de Moura Nunes
   
   Silverado Policy Accelerator Co-founder & Chairman Ms Maureen Hinman
   
   International Energy Agency’s ETP Division’s Industry Sector Lead Mr Peter Levi
   
   --------------
   
   16:15-17:30
   
   Action Panel 2: Driving global convergence and international cooperation in decarbonization standards
   
   World Steel Association’s Director General Dr Edwin Basson
   
   ResponsibleSteel CEO Ms Annie Heaton
   
   Nucor Corporation’s Director of Corporate Sustainability Mr David Miracle
   
   OECD’s Head of Structural & Industry Policy Division Mr Stephan Raes
   
   --------------
   
   17:30-17:45
   
   A conversation with DDG Paugam and moderators on what role the WTO can play
   
   World Trade Organization’s Deputy Director-General Mr Jean-Marie Paugam
   
   The event will be moderated by World Steel Association’s Environment and Climate Change Head Ms Åsa Ekdahl
   
   Head, ,
   
   Registration in Person
   
   wto.formstack.com/forms/trade_forum_f...
   
   Registration for Zoom
   
   worldtradeorganization.zoom.us/webina...
7. voda 15 februari 2023 08:20

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   Turkish scrap prices fall, rebar prospects turn bullish
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   Scrap prices in Turkey, which were on an upward trend before the massive earthquake on 6 February, have fallen on a fresh deal concluded from the US at the end of last week.
   
   A western Turkish long steel mill is heard to have bought the US cargo comprising HMS 1&2 80:20 at $418/tonne and shredded and bonus at $438/t cfr Turkey.
   
   This points to a significant decline compared to the premium HMS 1&2 80:20 bookings at $424-428/t cfr levels the week before the earthquake.
   
   Scrap suppliers are seen having difficulties gauging the Turkish steel market as all southern mills have suspended production, while some declared force majeure, and all Turkish mills halted scrap purchases after the earthquake. Some suppliers that contracted sales to southern mills have been forced to divert their cargoes to other regions or have been asked to postpone their shipments.
   
   A scrap supplier tells Kallanish: “A further softening is likely in the short term; however, scrap prices will most probably increase again when business starts to normalise.”
   
   Although some market participants expect production halts to last for weeks, others believe mills will resume production in ten days, at the most.
   
   “There is no major damage at the production facilities. Depending on my previous experience, I believe southern mills may resume production one week later,” says the chief executive of a large steel producer in the Marmara region.
   
   Talking to Bloomberg, meanwhile, Veysel Yayan, Turkish Steel Producers’ Association (TCUD) general secretary, said production halts are likely to continue until mid-March as many workers or their families have lost their lives and homes and are struggling to survive in harsh conditions. “Mills have sent their machinery and equipment to assist in rescue efforts. Cranes and some other equipment will need to be calibrated after the work is completed,” Yayan pointed out.
   
   The current uncertainty has put scrap prices under pressure in the Turkish market.
   
   In the rebar market, business activity was still lacklustre on Tuesday, while Turkish mills were offering rebar at $710-720/t ex-works.
   
   Meanwhile, on Tuesday, Turkish government officials asked TCUD for its feedback on the possibility of stabilising rebar prices during the next 3-4 months. 4 million tonnes of rebar needed for the reconstruction of earthquake-hit areas will be provided by the domestic market. This has given hope to Turkish rebar producers regarding the direction of the market.
   
   Burcak Alpman Turkey
8. voda 16 februari 2023 08:22

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   Emirates Steel Arkan’s 2022 net profit rises to Dhs508.5m
   
   Strategic Research Institute
   Published on :
   16 Feb, 2023, 6:47 am
   
   UAE’s leading steel and building materials company Emirates Steel Arkan, has announced that its net profit rose to AED 508.5 million (USD 138 million) in 2022, compared to a pro-forma loss of AED 636.7 million in 2021, due to strong demand from international customers and the steps taken by the Group to enhance operational efficiencies following the merger of Emirates Steel and Arkan in the fourth quarter of 2021. Emirates Steel Arkan Chairman Mr Hamad A Al Hammadi said “The first full year results of the Group clearly demonstrate the value of combining Emirates Steel and Arkan, which has created a UAE steel and building materials champion that is globally competitive.”
   
   Revenue for 2022 rose to AED 9.5 billion, versus pro-forma AED 8.6 billion in 2021, EBITDA increased to AED 1.16 billion, a 51% YoY increase from pro-forma AED 770 million in 2021.
   
   The increase in net profit was supported by the expansion of its international export footprint by 25% to 70 countries, from 56 in 2021.
9. voda 16 februari 2023 08:23

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   Tata Steel Signs MoU wit CSIR-CBRI 4 Sustainable Mining Solutions
   
   Strategic Research Institute
   Published on :
   16 Feb, 2023, 6:48 am
   
   Avenue Mail has reported that Tata Steel and the Council of Scientific and Industrial Research’s Central Building Research Institute have signed an MOU to collaborate on research, academic growth, and sustainable solutions in mining. Under the agreement, CBRI will provide scientific inputs to Tata Steel on slope stability analysis and control measures in mining areas, as well as affordable and sustainable green housing technologies for the rehabilitation and resettlement of families in mining areas.
   
   Additionally, the partnership will include technical training and workshops on geotechnical understanding and other scientific areas related to mining.
   
   CBRI, located in Roorkee in Uttarakhand, is responsible for generating, cultivating, and promoting building science and technology in India as a constituent establishment of CSIR.
10. voda 16 februari 2023 08:23

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    Gunung Raja Paksi Rolls Out New Net Zero Roadmap
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:49 am
    
    Leading Indonesian steelmaker PT Gunung Raja Paksi has announced the launch of its Net Zero Roadmap, which outlines its action plan for achieving carbon neutrality by 2050. In line with Indonesia's Enhanced Nationally Determined Contribution to reduce its emissions by approximately 31.9% unconditionally and a net zero target of 2060 or sooner, Gunung Raja Paksi has taken steps to bolster their Environmental, Social and Governance strategy and reduce primary sources of emissions from the use of grid electricity and fuels natural gas & coal combustion, via clean energy alternatives.
    
    Gunung Raja Paksi has set out a plan to engage stakeholders across the supply chain in minimizing the environmental and social impact from steel. Gunung Raja Paksi has built its ESG strategy around five core pillars. In accordance with these pillars, the Net Zero Roadmap outlines the Gunung Raja Paksi's Decarbonisation goals, which builds upon the Energy Transition and Low Carbon Solutions pillar, whereas the new sports center builds on the themes of Nurturing Talent.
    
    1. Responsible Procurement
    
    2. Environmental and Social Compliance
    
    3. Energy Transition and Low Carbon Solutions
    
    4. Contributing to Responsible Environmental Management
    
    5. Nurturing Talent
    
    Upon evaluating its emissions based on the Greenhouse Gas Protocol and identifying its primary sources of emissions, Gunung Raja Paksi has identified 5 main pillars of emissions reduction measures and initiatives to achieve carbon neutrality:
    
    1. Fuel Switching: transitioning from coal to cleaner sources of energy such as natural gas
    
    2. Production improvements and resource efficiency improvements: Balancing between meeting current steel demand whilst decarbonizing production processes
    
    3. Green Power Sourcing: Sourcing green energy from the grid or producing it in-house
    
    4. Carbon offsetting: Investing in carbon offset projects that benefit the environment
    
    5. Collaboration and Partnership: Working with public and private sector stakeholders to implement solutions to reach Net Zero i.e. the Indonesian Iron & Steel Industry Association and participating in the Net Zero Hub by Indonesian Chamber of Commerce KADIN.
    
    Gunung Raja Paksi's Net Zero roadmap also includes its disclosure for 2021 GHG Inventory, which is currently at 0.86 Tonne CO2 per Tonne of Crude Steel production. As an electric arc furnace operated mill, Gunung Raja Paksi has the advantage in decarbonizing its manufacturing plant compared to other global steel players who run by Blast Furnace Operated mills. This inventory data serves as a baseline for GRP's Decarbonisation journey.
    
    Gunung Raja Paksi is currently a full member of the ResponsibleSteel™ and has certified products and operation sites which meets the pre-requisite 13 principles, and the 370 associate requirements, highlighted in the ResponsibleSteel™ International Standard V2.0.
11. voda 16 februari 2023 08:24

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    British Steel to Supply Sections to Revamp Middlesbrough Station
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:49 am
    
    An upgrade of Middlesbrough Station will see British Steel sections used as part of the GBP 34 million revamp. British Steel’s Northern Mills Plant Manager Mr David Hogg said “We’re extremely proud our steel will be used in this exciting project. It is a huge vote of confidence in British Steel, our people and our products, which demonstrates the importance of a vibrant UK steel industry to this country. We look forward to working with the project partners and seeing this magnificent new building takes shape with home-made steel.”
    
    Teams are hard at work on the second part of the transport scheme, which will revitalize the station undercroft, create new walkways and spaces for businesses and boost capacity for more rail services. Story Contracting is carrying out work now with diggers busy on site and steel sections are set to arrive at the station site next month after being fabricated on Teesside at Middlesbrough-based CB Construction (Cleveland) Ltd.
    
    Phase one of the station works were completed in December 2021 with a 75-metre platform extension to accommodate the new LNER Azuma direct service to London, the town’s first service to the capital in more than 30 years. This second part of the scheme will see the current ticket hall stairs removed, a new staircase built off the central thoroughfare, open public space at the east end of the former car park and a new pedestrian walkway created between Zetland Road at the south of the station and the existing subway. The station project is set to be complete in 2024.
    
    Middlesbrough is a railway station on the Durham Coast Line, Esk Valley Line and Tees Valley Line. The station serves the town of Middlesbrough in North Yorkshire, England. It is owned by Network Rail and managed by TransPennine Express.
12. voda 16 februari 2023 08:24

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    Vale Acquires OQ Group’s 30% Stake in Vale Oman
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:50 am
    
    Oman Observer has reported that Brazilian iron ore mining giant Vale has acquired the 30% shareholding of Oman state energy company OQ Group in Vale Oman, located in the industrial complex of Sohar in Oman. OQ Group’s CEO Mr Talal Hamed said that the sale is in line with the objective of the Oman Investment Authority of attracting and increasing foreign direct investments.
    
    The 70:30 Joint Venture between Vale and OQ was established in 2007, with investments of USD 2.0 billion. Vale Oman includes an iron ore pellet plant, having a 9.0 million tonnes per year production capacity and a distribution center for iron ore and pellets, with a 40 million tonne per year capacity.
13. voda 16 februari 2023 08:25

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    BaoSteel Orders KOCKS Reducing & Sizing Block for Rolling Mill
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:50 am
    
    The Chinese steel producer Baoshan Iron & Steel has decides on a RSB® 300++/4 in 5.0 design for equipping its new combined bar in coil/wire rod mill in Shanghai in China. With this investment in a KOCKS Reducing & Sizing Block, Baosteel can meet its customer's requirements for specialty steel in different dimensions, thus further expanding its business activities.
    
    The new RSB® 300++/4 will be located as finishing unit after 14 stands in H/V arrangement in a 600,000 tonne per annum combined SBQ bar in coil and wire rod mill. It will produce bars in coil within a dimension of Ø 18.00 to 50.00 mm and feeders for the wire rod line to finish dimensions of Ø 7.5 to 28.0 mm. The RSB® comes with a remote control for stand and guide adjustments, equipment for the roll-shop and KOCKS proprietary software solutions. Commissioning is scheduled for the end of 2023.
    
    With the decision to equip the new rolling mill with a KOCKS Reducing & Sizing Block of the latest generation, Baoshan Iron & Steel is continuing the successful cooperation between the two companies, which began in 2003 with the key investment into a RSB® 370/4 for the combined high-capacity SBQ rolling mill Shanghai No 5”.
14. voda 16 februari 2023 08:25

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    Danieli Intelligent Guides in Operation at Nucor Steel Sedalia
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:51 am
    
    Nucor Steel Sedalia selected Danieli Morgårdshammar RX series intelligent guides for its plant in Sedalia in USA. This was the world-first installation on a continuous casting and rolling plant Danieli MIDA® micromill. Four RX series guides were installed at the entry of mill stands #14 and #16 and supplied with consumables for the production of #4, #5, #6 (13, 16, 19 mm) rebar. A local control station for RX guide setting located in the guide shop was also supplied.
    
    As Sedalia is a micromill controlled by Danieli Automation process controls, the guides’ HMI was integrated in the main system.
    
    Danieli Morgårdshammar Intelligent Guides are monitored and controlled remotely from the pulpit, eliminating any manual operator intervention on the mill during rolling. Also, they provide real-time feedback on bar size and behavior, and upstream pass wear. Such data give operators the ability to better understand the status of the rolling mill, set the guides remotely and monitor bar size at multiple stands, in real time.
15. voda 16 februari 2023 08:27

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    Mutun Steel Plant in Bolivia to Start Producing in 2024
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:51 am
    
    Rio Times has reported that upcoming miner & steelmaker Empresa Siderúrgica del Mutún President Mr Jorge Alvarado has that the progress of the construction of the Mutún Steel Plant had reached 69% and steel production will start in 2024. Mr Alvarado told Cepra Radio “We are certain that this project will become a reality this year so that by January 2024, we will be starting the industrial production of steel in the first National Mutun Steel Plant. It will produce rebar and wire rod.”
    
    Mr Alvarado told “The construction of project suffered a delay when it was paralyzed between the end of 2019 and 2020 during the administration of the interim president, Jeanine Áñez
    
    Sinosteel Equipment and Engineering resumed last year the construction of the steel mill in the Mutún iron deposit, in the Germán Busch province of the Bolivian department of Santa Cruz, during the current president’s administration, Luis Arce.
    
    The large iron deposit has reserves evaluated at approximately 40 billion tonnes of iron and 10 billion tonnes of manganese, which places it as one of the 10 largest iron reserves in the world.
16. voda 16 februari 2023 08:27

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    Vesuvius Upbeat on Refractory Maker Demand in India
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:52 am
    
    The Telegraph has reported that global giant in refractory Vesuvius Group plans to invest INR 500 crore in the next three to five years in its manufacturing plants in India. Vesuvius Group’s CEO Mr Patrick Andre, while speaking at the inaugural function of the factory capacity expansion at the Taratala unit in Kolkata, said “There would be a 35% increase in monthly production capability with operations already kicked off in the expanded plant at the Taratala unit.”
    
    Mr Patrick Andre said “We are expanding our plants in India supplying technology-driven products to the steel and foundry industries. Our group’s annual turnover in the country is around INR 1,700 crore. Our company is giving a special focus on organic investment and the research and development wing which is running very well at Visakhapatnam.”
    
    Vesuvius India’s Chairman Mr Biswadip Gupta added “With so many new steel plants coming up and existing ones expanding capacity, the demand for black refractories produced by us is on a sharp rise. Tata Steel, JSW, ArcelorMittal, SAIL, and many other steel giants have been using our products for decades.”
    
    Vesuvius operates from multiple locations in India including Kolkata, Visakhapatnam, Pune, Pondicherry, and Mehsana.
17. voda 16 februari 2023 08:28

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    WV Stahl - German Steel Industry Needs State Start up Funding
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:52 am
    
    The German Steel Federation WV Stahl Managing Director Dr Martin Theuringer has warned that limiting climate protection contracts to individual pilot projects, as proposed by Germany’s Scientific Advisory Board, would be counterproductive. Dr Theuringer said “Since green lead markets are not yet available, state start-up financing is now needed. It's now about speed and scale.”
    
    According to Dr Theuringer, the climate targets cannot be achieved otherwise. He said “The Federal Ministry of Economics & Climate Protection plans to conclude the first climate protection agreements with companies in the steel industry in the coming months and to make a double-digit billion amount available for this purpose. The contracts are to have a term of 15 years.”
    
    In a report published last week, Germany’s Federal Ministry for Economic Affairs & Energy’s Scientific Advisory Board recommends a stronger focus on green lead markets in the transformation of industry. As per report “Green lead markets are the better instrument for expanding the production of climate-neutral base materials. They should be given clear priority over climate protection contracts.”
    
    In December, the Federal Ministry of Economics presented a draft directive on the funding of climate protection contracts. With climate protection contracts, the government wants to compensate companies for the higher costs of climate-neutral production, such as green steel, over a period of 15 years. However, the ministry's advisors warn that they carry considerable risks.
18. voda 16 februari 2023 08:28

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    • voda

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    Ternium to Build 2.6 Million Tonne Steel Plant in Mexico
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:53 am
    
    Latin America’s leading steelmaker Ternium has announced that it will integrate its operations in the North American region with a new steel mill and build a wind farm that will supply electricity in Argentina. Ternium CEO Mr Máximo Vedoya said “In a market that is increasingly demanding differentiated products and services, this new project will advance the continued integration of our industrial system and reinforce Ternium's position as a leading steel supplier in the region.”
    
    Ternium will invest approximately USD 2.2 billion in the construction of an electric arc furnace based steel mill in the USMCA region with the aim of complementing and supporting the hot rolling mill located at CIT Pesquería. This steel mill will have an annual capacity of 2.6 million tonnes, as well as a direct reduction iron module with an annual capacity of 2.1 million tonnes. The project will also include the construction of a port facility for the handling of raw materials. Ternium expects these plants to come into service in the first half of 2026.
    
    Likewise, the company also announced an investment of USD 160 million dollars in the construction of a new wind farm from which energy will be supplied in Argentina. The project is expected to start operations during 2024, will have 72 MW of installed capacity and will allow the replacement with renewable energy approximately 65% of the energy that Ternium acquires from third parties in the national interconnected system.
    
    Both projects will accelerate Ternium's progress towards the company's decarbonization goals, which in the medium term seek to reduce carbon dioxide emissions by 20% by 2030.
19. voda 16 februari 2023 08:30

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    • voda

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    ArcelorMittal: Green Steel for Europe, Blast Furnaces for India
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:54 am
    
    The Institute for Energy Economics & Financial Analysis analysts Mr Simon Nicholas and Mr Soroush Basirat have opined that “Global steelmaking giant ArcelorMittal has committed to reach net zero emissions by 2050 yet it is building new coal-consuming blast furnaces in India. With no major breakthrough in carbon capture utilization and storage for coal-based steelmaking on the horizon, investors should be asking questions that challenge ArcelorMittal about its Indian expansion, the technology choices being made and how that aligns with the company’s 2050 net zero emissions target.”
    
    They wrote “ArcelorMittal’s plans for more coal based steelmaking in India contrasts markedly with its developments in Europe and Canada, where the company is planning a transition away from blast furnaces to direct reduced iron based steelmaking using green hydrogen under its Innovative DRI Decarbonisation pathway. They wrote “In October 2022, ArcelorMittal broke ground on its USD 1.3 billion transition to DRI-based steelmaking in Ontario in Canada, and it has similar plans in Spain, France, Belgium and Germany. ArcelorMittal’s plans for more coal-based steelmaking in India contrasts markedly with its developments in Europe and Canada, where the company is planning a transition away from blast furnaces. As a result, ArcelorMittal appears to be planning a two-speed Decarbonisation with hydrogen-ready DRI technology to be installed overwhelmingly in developed nations while the developing Global South is on the slower pathway involving more coal-consuming blast furnaces and as yet unproven CCUS technology under its ‘Smart Carbon’ Decarbonisation pathway.”
    
    They wrote “ArcelorMittal’s 60:40 joint venture AM/NS India has now begun construction of two new blast furnaces at Hazira in Gujarat, is planning a further expansion of capacity to 20 million tonnes per annum as well as new integrated steel plants at Kendrapara 24 million tonnes and Paradip 6 million tonnes in the state of Odisha. AM/NS India’s expansion plan will see two new blast furnaces, without CCUS, brought online in 2025 and 2026 with the likelihood that further blast furnaces are being planned for the Greenfield sites in Odisha. The steelmaking technology under consideration for these new sites has not been disclosed.”
    
    In IEEFA’s opinion, there is a risk to the company that the ‘Smart Carbon’ pathway could be perceived as “greenwash”, used to justify the continued installation of new blast furnaces in developing nations. This risk has heightened since the COP27 climate conference in November 2022 where the United Nations warned that company net zero emissions commitments often amount to little more than green washing while recommending new standards to hold companies to account.

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20. voda 16 februari 2023 08:31

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    Lhoist to Supply Carbon Neutral Lime to thyssenkrupp Steel
    
    Strategic Research Institute
    Published on :
    16 Feb, 2023, 6:54 am
    
    Europe’s leading supplier of limestone Lhoist, industrial gases company Air Liquide & German steelmaker thyssenkrupp Steel have presented the plans to transform Europe's largest lime plant at Lhoist’s Wülfrath site to become carbon-neutral by a large-scale industrial CO2 capture plant with Air Liquide to North Rhine Westphalia's State Minister for Economics, Industry, Climate Protection & Energy Ms Mona Neubaur in Wülfrath.
    
    Within just a few years, lime manufacturer Lhoist Germany aims to avoid generating about one million metric tonnes of CO2, as a means of boosting the production of green steel with carbon-neutral lime. Together with the industrial gases company Air Liquide, Lhoist is working on a plan for a large-scale industrial plant to capture the CO2 generated during lime production.
    
    For thyssenkrupp Steel, green lime is another important building block in the transformation of Europe's biggest steel location in Duisburg.
    
    Lime is needed in numerous industrial value chains. In steelmaking, lime products are indispensable for removing troublesome by-elements from the hot metal and binding them in the converter slag that is derived from the lime. Manufacturing green steel thus requires green lime. This represents a particular challenge, because lime production generates unavoidable CO2 emissions. In the future, these emissions are to be captured and industrially recycled or stored.
    
    Lhoist Germany is the German subsidiary of the Lhoist Group, a global lime and limestone producer headquartered in Belgium. Rheinkalk, with its 12 sites and 1300 employees in Germany, has been owned by Lhoist Germany since 1999. Lhoist Germany takes its responsibility towards people and nature seriously. The products are used in iron and steel production, environmental applications, the chemical industry, construction, water and wastewater treatment as well as in agriculture and forestry.