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voda 18 december 2020 14:40

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Mr Gadkari Seeks PM Modi Intervention to Curb Steel Price Surge

Concerned over the steep hikes at the prices of steel and cement India’s minister for Ministry of Micro, Small & Medium Enterprises and Highways Mr Nitin Gadkari has written a letter to Prime Minister Mr Narendra Modi seeking his intervention to arrest the trend. Mr Gadkari said at an Assocham event “Steel companies have raised the rates by 55% in the last six months. I have written to the Prime Minister and have suggested that the issue should be discussed at the highest level. Some decision has to be taken. This is not good. It has to be known if the hike is commensurate with the increased cost of labour, power and raw materials. Lowering the productivity and increasing the rate is not a good strategy.”

He added “At a time when we are trying to create so many infrastructures, this kind of policy approach from their side would not do any good for them in the long-term. This is also not good for the country. We need to create a long term policy for the steel and cement sectors. If the prices of steel and cement companies stick to their present policy of jacking up prices, infrastructure projects would become economically unviable and might force the government to change its procurement & usage policy.”

Source - Strategic Research Institute

voda 18 december 2020 14:41

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Liberty House Acquires SBQ Steel

VC Circle, citing a person in the know, reported that UK based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra Pradesh based steel firm SBQ Steels, flagship company of Nellore based RKKR Group, ordered for liquidation. The source told VCCircle “Liberty signed a definitive agreement with SBQ Steels for around INR 270 crore.”

The deal with SBQ Steels means a massive haircut of over 94% for creditors. Edelweiss Asset Reconstruction Company holds 82% of the total debt owed to financial creditors

In 2017, bankruptcy proceedings were initiated against SBQ Steels on a petition filed by Indian public sector lender Union Bank of India. The firm had admitted claims worth about INR 4,266.67 crore of secured financial creditors including Edelweiss ARC, Bank of Baroda and Union Bank of India. The admitted claims of unsecured financial creditors were about INR 80.24 crore and operational creditors were INR 344 crore. With efforts to find a buyer not bearing fruit, the National Company Law Tribunal ordered for liquidation in 2019. On July 21 this year, the NCLT allowed a fresh auction for sale of SBQ Steels after Switzerland based commodity trading firm IMR Mettalurgical Resources AG lowered its bid in the third auction from INR 200 crore to INR 190 crore. The reserve price for the auction was fixed at INR 218.70 crore, 10% lower than INR 243 crore fixed in the third auction. Liberty outbid Switzerland based IMR Mettalurgical Resoruces to emerge the highest bidder during liquidation with a INR 262 crore offer in August. However the company could not pay in three months stipulated. Earlier this month NCLT directed Liberty to make the payment in two days which was done last week

Located 15 km away from the Krishnapatnam Port in a 675 acre facility, SBQ Steels manufactures pig iron, sponge iron, metal billets, bars, and wire rods, With an integrated steel plant of approximately 0.25 million tonnes per annum capacity, SBQ Steels caters to the steel requirements of automobile and engineering sectors, and also to the nuclear power industry in India and abroad. Some of its plants became inactive after December 2013 due to working capital challenges and downturn in the steel industry while its rolling mill plant remained defunct since November 2017. The steel plant also has two power plants with 45MW capacity each.

This is the second buy by Liberty after acquiring Adhunik Metaliks and its associate Zion Steel in February 2020 under the insolvency law for a cash consideration of INR 425 crore.

Source - Strategic Research Institute

voda 18 december 2020 14:42

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China to Tighten Steel Mill Capacity Swap Rules

China is considering tighter controls over steel capacity swaps, including further reducing production quotas, to prevent newly built mills impeding the country’s long-running battle against overcapacity. China’s Ministry of Industry and Information Technology has issued a draft plan aiming to further control new capacity in the bloated steel industry. Measures for the implementation of capacity replacement in the Chinese steel industry include Beijing, Tianjin, Hebei Province, the Yangtze River Delta area, Pearl River Delta, the Fen-wei plains and other key cities in Hebei, Henan, Shanxi and Shandong Province, will not be able to replace their old steel capacities as previously, while the new rules are stricter. In particular, mills in these areas will be able to add capacities only in the proportion of 1.5:1, while previously the proportion was 1.25:1. In cases of mergers and acquisitions, the replacement ratio will be still 1.25 in the mentioned areas.

The rule that companies switching to more eco-friendly production, from BFs/BOFs to EAFs, will remain the same as previously they will be able to replace capacities in the proportion of 1:1.

This followed a notice by the ministry in January that suspended capacity swaps and urged local governments to investigate existing projects.

Source - Strategic Research Institute

voda 18 december 2020 14:43

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Budget Wish List – Indian Stainless Steel Industry

The Indian stainless steel industry has urged the government to slash the existing import duties on key raw materials in the upcoming Union Budget 2021-22. In its recommendations to the Ministry of Finance, Indian Stainless Steel Development Association has appealed to exempt the 2.5% Basic Customs Duty levied while importing key raw materials, including ferro-nickel and stainless steel scrap, which are unavailable in the country, making their import mandatory. ISSDA has also sought abolition of the existing 7.5% import duty on graphite electrodes, a critical component in stainless-steel manufacturing, as they constitute a major share of input cost. Additionally, ISSDA has sought an increase in the import duty on stainless-steel flat products to 12.5%, to bring it at par with carbon steel products, in order to check undue imports.

ISSDA asserted that these measures, if undertaken, will not only boost domestic manufacturing but also curb undesired stainless-steel imports, thus spurring the ‘Make in India’ movement.

Source - Strategic Research Institute

voda 18 december 2020 14:44

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Rio Tinto Advances Climate Partnership with China Baowu Steel

Rio Tinto has committed to invest USD 10 million with the world’s largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research. This investment is the next step in advancing the partnership formed between Rio Tinto, China Baowu and Tsinghua University in 2019 to develop and implement new methods to reduce carbon emissions and improve environmental performance across the steel value chain.

Rio Tinto’s investment will fund the joint establishment of a Low Carbon Raw Materials Preparation R&D Centre, which will initially prioritise the development of lower carbon ore preparation processes. This will include creating two ore preparation pilot plants, one to use biomass and the other exploring using microwave technology. The investment will also support work on carbon dioxide utilisation and conversion at the China Baowu Low Carbon Metallurgical Innovation Centre, which is a Baowu-led open platform for advancing metallurgical technologies to support the low-carbon transformation of the steel industry.

These investments will advance technologies that will be crucial in reducing emissions from China’s prevalent iron and steel making process, and will support both the short and long term decarbonisation goals of the steel industry. As the world’s largest steel producer, China Baowu’s leadership in advancing low-carbon steel solutions is an important pillar in supporting China’s target of striving to be carbon neutral by 2060.

Source - Strategic Research Institute

voda 18 december 2020 14:46

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H2 DRI Plant for Salzgitter Flachstahl in Germany

Salzgitter Group’s largest steel subsidiary Salzgitter Flachstahl GmbH has commissioned Tenova for the construction of µDRAL, a demonstration plant for the production of Direct Reduced Iron, using up to 100% hydrogen as reducing agent. The plant is based on the ENERGIRON technology and will be installed on the premises of the Salzgitter steel mill at Salzgitter in Germany. The µDRAL will have a nominal production capacity of 100 kilograms per hour and will be operated with hydrogen and natural gas showing the flexibility of the technology in terms of fluctuating availabilities of reducing agents, including 100% hydrogen. The DRI produced by µDRAL will be both used in the blast furnace process to save injected coal and in the electric arc furnace of the Peine plant.

The ENERGIRON process, jointly developed by Tenova and Danieli, represents the base for the plant design and is the most feasible high-intensity H2 DR system available, already designed for extremely low CO2 emissions while processing virgin metallic units. This enables Salzgitter to achieve the long-term CO2 reduction targets, defined with SALCOS approach.

Source - Strategic Research Institute

voda 18 december 2020 14:47

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Rio Tinto & Nippon Steel Sign Climate MOU

Leading global mining and metals company Rio Tinto and Nippon Steel Corporation have signed a Memorandum of Understanding to jointly explore, develop and demonstrate technologies to transition to a low carbon emission steel value chain. With this MoU, Rio Tinto and Nippon Steel are looking to enhance their long standing relationship by extending it into new areas in support of the shared goal of significantly reducing carbon emissions across the entire steel value chain. The purpose of this partnership is to explore a breadth of technologies for decarbonisation of the entire steel value chain from iron ore mining to steelmaking, including integrating Rio Tinto's iron ore processing technology and Nippon Steel's steelmaking technology to establish an innovative steel manufacturing process with low carbon emissions.

The partners have agreed to a partnership model in line with the long-term and complex nature of the transition to carbon neutrality for the steel industry. This model allows the partners to take a long-term view to enable the pursuit of new and promising technologies as the global steel transition evolves.

Rio Tinto and Nippon Steel share a long history of working together, with the first shipment of iron ore from Australia to Japan coming from Rio Tinto’s Pilbara operations in 1966 and going to Yawata Works in Kitakyushu, now part of Nippon Steel.

Japan’s recent announcement of its commitment to realise a carbon-neutral society by 2050 has given Japanese companies even greater impetus to accelerate their decarbonisation activities. The intent of this partnership is in line with Japan’s climate ambition.

Source - Strategic Research Institute

voda 18 december 2020 14:48

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Lion Industries to produce 2.5 Million Tonnes of HRC

Malaysian steel maker Lion Industries Corporation Bhd will be restarting its flat products steel project to produce hot-rolled coil in the second quarter of 2021 with a production capacity of 2.5 million to 3 million tonnes a year. The company is also planning to invest in a blast furnace project with the first phase involving an investment of RM3 billion comprising a 3,000 cubic metres BF, sinter plant, coke oven and two converters to add its existing three arc furnaces, ladle furnace and caster. Lion Industries said production capacity from these projects will be 5.5 million tonnes per annum of which 4.5 million tonnes will be to produce HRC and 1 million tonnes will be for the manufacture of high-grade polished shaft bars and wire rods.

With the existing capacity of 1.2 million tonnes of steel bars and wire rods by Amsteel Mills Sdn Bhd and Eden Flame Sdn Bhd formerly Antara Steel Mills Johor, Lion Industries total steel output will be 6.7 million tonnes per annum.

Source - Strategic Research Institute

voda 18 december 2020 14:49

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Russians Developing Construction Steel withBetter Fire Resistance

Scientists from the National Research Technological University NUST MISiS and Severstal are planning to create new fire resistant steels by forming non-metallic inclusions at elevated temperatures. The use of new steels will slow down the collapse of steel structures in a fire under the influence of high temperatures, creating an additional margin of time for the evacuation of people.

As a result of fires, metal elements of buildings quickly lose their bearing capacity. This leads to the loss of the integrity of building structures and their severe deformation, in which it becomes impossible to carry out rescue operations and extinguish a fire. Buildings can be destroyed before the completion of the rescue operation, which leads to an increase in the number of victims, further requires significant costs for repair and restoration work and leads to large, in some cases almost irreparable environmental damage.

Thanks to the introduction of the development, the collapse of steel structures in a fire under the influence of high temperatures will occur later, creating an additional margin of time for the evacuation of people, the researchers believe. Their plans are to increase the resistance of steel structures in fire conditions by at least 15 minutes. This will increase the level of operational safety of industrial buildings, shopping centers, sports facilities and save the lives of many people.

The project is being implemented by NUST MISIS jointly with PJSC Severstal on a subsidy from the Government of the Russian Federation, provided for the development of cooperation for the creation of high-tech industries.

Source - Strategic Research Institute

voda 18 december 2020 14:51

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Energy4HYBRIT Prefeasibility in Finland Completed

The Energy4HYBRIT prefeasibility study, part of SSAB’s plan to be fossil free by 2045, has been completed. In this prefeasibility study, SSAB investigated the use of fossil-free energy sources, primarily biomaterial sidestreams, to replace fossil fuels in certain steelmaking processes, for example rolling processes. The Raahe mill in Finland acted as the reference in the project. The prefeasibility study indicates that it would be possible to replace a significant amount of fossil fuel consumption with felling and other bio-based sidestream components at the Raahe mill.

The University of Oulu and VTT studied and modeled all energy flows at the mill as part of the prefeasibility study. The prefeasibility study was carried out by SSAB with Gasum, Neste and St1 and was supported by Business Finland. The energy companies were studying the use and availability of alternative energy sources.

Ironmaking accounts for around 90% of SSAB’s carbon dioxide emissions. The Energy4HYBRIT prefeasibility study and the planned follow-up projects based on it will focus on the 10% of carbon dioxide emissions remaining after the reduction of iron ore, originating in numerous other steelmaking processes than ironmaking.Together with its partners in the HYBRIT initiative, LKAB and Vattenfall, SSAB aims to create a fossil-free value chain, from the mine to the end-product.

Source - Strategic Research Institute

voda 18 december 2020 14:52

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CMC Steel Arizona Minimill Receives Solar Power

Commercial Metals Company announced that their micro mill in Mesa in Arizona, CMC Steel Arizona, has begun receiving renewable energy from Salt River Project’s new Saint Solar electricity generation plant. CMC Steel Arizona was one of the original customers to join the first phase of SRP’s Sustainable Energy program that was announced in 2018. The Saint Solar plant, located in Coolidge in Arizona, is a 100-megawatt utility-based solar array that will provide renewable energy to CMC Steel Arizona and others in the SRP community.

Constructed in 2009, CMC Steel Arizona is one of the most efficient and green steel producing facilities in the world. As a micro mill utilizing scrap based Electric Arc Furnace technology, CMC is helping to preserve natural resources. On August 13, 2020, CMC announced plans to build its third micro mill AZ2 adjacent to CMC Steel Arizona. The mill will be the first in the world to produce merchant bar quality products through a continuous-continuous production process. AZ2 will feature Danieli’s Q-One technology which will allow CMC to have a direct connection between the EAF and Ladle Furnace to renewable energy sources. This technology reduces electricity transmission losses as compared to traditional methods and associated operating costs.

Source - Strategic Research Institute

voda 18 december 2020 15:00

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Worries Deepening over Dunaferr Steelworks in Hungary

Hungary Today reported that worrying developments are gathering over Dunaujvaros Dunaferr steel works. After production had slowed down, ISD Dunaferr Ltd delayed employee salaries and terminated the collective agreement. In the latest turn, trade union leaders have been fired and barred from the premises. While ISD Dunaferr was profitable both in 2017 and 2018, problems arose years ago that can be attributed to, among other things, the world phenomena of the steel industry and Dunaferr’s market positions. The coronavirus pandemic only made things worse, resulting in production having to be cut back. The Trade Union was first targeted in August when ISD Dunaferr terminated the collective agreement, saying that cooperation with them is impossible because the trade union is divorced from reality. So far, the management refused to go into talks about a new one. Then in October, salary payments were also delayed and rescheduled, a problem that is still not resolved, blaming the harsh drop in production.

The steelworks, in operation since 1954, first as Stalin Steelworks, currently employs around 4,500 people. Before the factory construction during the communist era, Dunapentele was only a small village by the Danube that was later renamed Stalin City, then Dunaujvaros. The city and its surroundings largely hinge on the steelworks.

Source - Strategic Research Institute

voda 18 december 2020 15:01

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Tenaris to Supply Petrobras with Blue Dopeless Connections

Tenaris will supply Petrobras sour service grade tubing with Blue Dopeless connections and Duoline Glass Reinforced Epoxy coating from Maxtube for its Pre-Salt wells. This solution improves the production string performance and reliability in corrosive environments and is the result of a partnership with Maxtube and Nova Coating in Brazil. On December 11, during a virtual demonstration transmitted live from Tenaris’s Rig Direct Academy in Mexico, Petrobras representatives were able to witness the performance of a production string coated with Duoline GRE, simulating the operational conditions available at the rig site.

Tenaris President in Brazil Renato Catallini said “Tenaris is at the frontline of product development, always looking for solutions that meet our customers’ needs. In this opportunity, we have combined the benefits of TenarisHydril Blue® premium connections, already used by more than 300 operators in 80 countries, supplied RunReady with the environmentally efficient Dopeless technology, a dry multifunctional coating applied automatically at our mills, and Duoline GRE coating from Maxtube, resulting in a robust solution to prevent corrosion. Tenaris is introducing the best technical solution at competitive prices, fully aligned with what Petrobras has envisioned for its offshore Pre-salt wells. This solution reduces well construction costs, without jeopardizing quality, HSE or technical operational strength.”

Source - Strategic Research Institute

voda 18 december 2020 15:05

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Germany Backs Green Hydrogen Pilot in Saudi Arabia Future City

German state has handed over 1.5 million euro grant to steelmaker Thyssenkrupp’s Uhde Chlorine Engineers’ unit for the development of a prototype of a 20MW alkaline electrolyser for the production of green hydrogen and ammonia in Saudi Arabia. The grant is part of Germany’s national hydrogen strategy that seeks to source green hydrogen from abroad given Germany’s limited space for domestic hydrogen production from renewables. Germany under the scheme earlier this month had handed out a first grant for a synthetic fuel project in Chile.

The Thyssenkrupp unit in a first phase dubbed ‘Element One’ is slated to develop the electrolyser for a hydrogen innovation and development centre in the model region of Neom at the Red Sea, where Saudi Arabia is building as a futuristic high tech city and region. Neom among other things will host massive green hydrogen and renewables projects to make the desert Kingdom less dependent on oil. Yet to be built solar and wind power arrays in a second phase are slated to feed an industrial scale electrolyser plant at Neom to produce up to 650 tonnes of green hydrogen and 3,000 tons of ammonia per day by 2025. Once completed, Helios plant will be one of the world’s largest green hydrogen production facilities. The ammonia, which is easier to store and transport than gaseous hydrogen, will be shipped overseas for reconverting to hydrogen for use as an alternative fuel in transportation.

Neom, a combination of the Greek neos, new, and the first letter of the Arabic word for future, mustaqbal is planned to be a luxury city 33 times the size of New York, with flying cars and taxis, robot servants, holographic teachers, artificial rain, and a giant artificial moon. The development, which will sprawl over 26,500 square kilometers near the Red Sea, was initiated by the Saudi crown prince Mohammed bin Salman bin Abdulaziz Al Saud as part his Vision 2030 project. Helios also involves Saudi firm ACWA Power, Air Products & Chemicals and Danish chemical catalysis producer Haldor Topsoe.

Source - Strategic Research Institute

voda 18 december 2020 15:06

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DJJ Names Mr Mark Schaefer as New President

The Cincinnati based David J Joseph Company has announced the promotion of Mr Mark Schaefer to president of the scrap recycling firm, effective January 1, 2021. Mr Schaefer succeeds Mr Craig Feldman, who will remain an executive vice president based in Charlotte in North Carolina, which also is the home of DJJ’s parent company Nucor Corp. Since joining DJJ in 1985, Mr Schaefer has served in a variety of roles, including brokerage representative and district manager in the ferrous trading business; vice president of logistic services; president of the U-Pull & Pay auto salvage business unit; and as DJJ’s executive vice president of both the recycling and brokerage groups. He was appointed Nucor general manager in 2013 and Nucor vice president in 2014. Mr Schaefer is a graduate of Miami University in Oxford, Ohio, and earned his MBA from Denver University.

Founded in 1885, DJJ is one of the largest scrap brokers and processors in the United States. DJJ operates six regional scrap recycling companies in the US, contributing to a network of more than 60 facilities. The company also operates 12 self-serve used auto parts stores and 12 domestic and international ferrous and nonferrous scrap brokerage offices that, in addition scrap, trade ferro alloys and specialty pig iron.

Source - Strategic Research Institute

voda 21 december 2020 10:48

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Credai Alleges Cartelisation by Steel & Cement Manufacturers

Financial Express reported that the real estate industry body Credai has written to Prime Minister Mr Narendra Modi alleging that steel and cement manufacturers are indulging in cartelisation and sought the government’s immediate intervention in regulating prices of key raw materials, pointing out that a continuous upsurge will raise project costs and have a cascading effect on homebuyers. Credai said “With a continuous and sudden upsurge due to cartelisation in the prices of steel, cement and other raw materials, real estate developers are experiencing an inevitable increase in construction cost and are faced with a situation that will create a delay in delivery, stalling of projects in some cases, thereby impacting the homebuyers at large. Builders are facing an uphill task of further convincing the customers of this additional burden.”

Credai has claimed “Cement prices have increased by more than 23% and steel prices by over 45% since the beginning of this year.”

Credai chairman Mr Jaxay Shah said that “The sector has been working on wafer-thin margins and is battling unsold inventory on one hand and unfinished projects due to lack of funds on the other. With demand stagnant, developers have not increased prices and are selling projects at affordable rates. Indian real estate plays an important role in strengthening the economy. Besides employing more than 40 million workers, the sector also is a key partner in many central government schemes such as affordable housing and housing for all by 2022, and supports more than 250 ancillary industries. But the sector feels ignored because of lack of support from the government on various issues. There is an urgent need to control the spiralling cement, steel and other raw material prices and I urge the government to take necessary steps at the earliest.”

Source - Strategic Research Institute

voda 21 december 2020 10:49

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Molten Metal Spill in SMS II of RINL VSP Injures Workers

Local media reported that 2-4 employees sustained severe burns while some others escaped with minor injuries when liquid metal spilled on them inside the SMS II unit in the Rashtriya Ispat Nigam Limited’s Visakha Steel Plant on Friday night when ladle in the unit snapped, pouring out more than 100 tonnes of liquid steel from a height of 30 feet. The steel plant authorities immediately put out the fire and evacuated the workers. The severely injured workers were shifted to hospital in Gajuwaka and their condition is said to be out of danger.

The value of the spilled liquid steel was estimated to be over INR one crore. RINL corporate communications wing head Mr Sarma told TOI that “Most of the hot metal that fell on the ground can be used again.”

Trade unions demanded the steel plant authorities improve overall safety for workers, raising concerns over frequent accidents being reported from the plant.

Source - Strategic Research Institute

voda 21 december 2020 10:50

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Bombay HC Asks Essar to Deposit Security Payable to AM/NS India

Business Standard reported that Bombay High Court has directed Essar House Private Limited and Essar Services Private Limited to deposit the refundable security payable to ArcelorMittal Nippon Steel India. In an order passed on December 10, Essar House Private Limited has been ordered and directed to deposit with the Prothonotary and Senior Master an amount of INR 35.5 crore and Essar Services Private Limited to deposit with the Prothonotary and Senior Master an amount of INR 47.41 crores within eight weeks; optionally, a bank guarantee of any nationalised bank for the entire amount along with all interest earned thereon could be furnished.

AM/NS India sought a deposit of INR 35.81 crore as security for their claim in arbitration. This was a refundable security deposit payable to it under a Business Centre Agreement dated September 17, 2018. AM/NS India also sought a deposit of INR 47.41 crore as refundable security deposit payable upon termination of a Support Services Agreement dated 15th May 2014 with Essar Services India Private Limited

The petitions were filed by AM/NS India as urgent protective interim order pre-arbitration under Section 9 of the Arbitration and Conciliation Act 1996. Both sides agreed to a reference of their disputes to the sole arbitration of Soli Cooper, a senior advocate of the high court.

A spokesperson for the Essar group said “The matter is subjudice and therefore we can’t comment. We are exploring all available options including appealing to a higher court in this matter.”

Source - Strategic Research Institute

voda 21 december 2020 10:50

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Tata Steel Moves SC against Covid Cess by Jharkhand Government

Business Line reported that Tata Steel has moved the Supreme Court against the Covid pandemic cess levied by the Jharkhand government on the mineral bearing land and the apex court has accepted the petition challenging the right of the state government rights to levy such a tax. In July, Jharkhand government through an Ordinance levied a cess of INR 10 on every tonne of coal dispatched and INR 5 a tonne on iron ore sold. Cess on per tonne of bauxite, limestone and manganese was fixed at INR 20, INR 10 and INR 5.

The Cabinet approved the promulgation of the Jharkhand Mineral Bearing Land (Covid-19 Pandemic) Cess Ordinance 2020 to shore up revenue for the State. The notification said “Circumstances exist which render it necessary to take immediate action to promulgate an Ordinance to provide the levy of cess on mineral bearing land for the rehabilitation/employment of labourers/ migrant labourers, creating infrastructures in the field of cottage/village Industries, MSME mitigating the hardships caused due to loss of jobs, augmenting the existing health infrastructures and for other necessary purposes in Jharkhand arising out of disaster by way of Covid pandemic.”

Source - Strategic Research Institute

voda 21 december 2020 10:51

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Blast at Furnace at Nidhi Steel in Khanna Injures 12 Workers

Hindustan Times reported that at least 12 workers were injured after a furnace exploded at Nidhi Steel Industry in Khanna’s Bhadla village on Thursday night. The mishap took place at Nidhi Steel Industry when 14 workers were on night shift. Suddenly, the furnace exploded and melted metal fell on them. The condition of one of the victims is serious and he has been referred to Rajindra Hospital, Patiala. The rest suffered minor burn injuries and have been admitted to a private hospital in Khanna.

The workers alleged that they were not provided any safety kits due to which many of them suffered burn injuries.

Station house officer Hemant Kumar said if any negligence of the furnace unit owner was found, the police would take action.

Source - Strategic Research Institute

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