Eurobench.com

voda 12 mei 2022 07:29

0

Mr Jindal Shuns Russia & Calls for Developing Jharia Coking Coal

Strategic Research Institute
Published on :
12 May, 2022, 5:58 am

Financial Times reported that JSW Group’s Chairman & Managing Director Mr Sajjan Jindal in an interview told that he is lobbying Indian Prime Minister Mr Narendra Modi’s government to develop more coking coal deposits, which were nationalized until 2020. He said “We have to coking coal from Australia and Canada and we are sitting on such a large deposit so why don’t we have mission coking coal started? And Mr Modi, who is close to every business house in India which is growth oriented, which is nationalistic, which is willing to take big bets in this country, build big industries, immediately accepted. Now with these kinds of prices, there is a big opportunity and big incentive for the private sector to go out there and mine that coal and start using it.”

Mr Jindal outlined plans to start mining in the Jharia coalfields in the eastern state of Jharkhand. He said “Jharia is estimated to contain 19.4 billion tonnes of coking coal, although the site has been controversial because of poverty and pollution in the communities that live and work there. Jharia is a densely populated area, and the government is also finding it very difficult to do resettlement of those people and open up those mines. The main operational challenge would be rehabilitation and resettlement of approximately 1 million residents.”

He added that “JSW Steel had met Russian coal traders but was not offered a serious discount. It’s not very attractive to buy from Russia, and then also that would upset our customers in the US and in Europe.”

voda 12 mei 2022 07:31

0

Vale & Sinobras Unveil Maraba Steel Plant Project in Para State

Strategic Research Institute
Published on :
12 May, 2022, 6:00 am

Brazilian mining giant Vale & Siderúrgica Norte Brasil has signed an agreement to create a new steel unit Marabá at in Pará state of Brazil for production of steel billets from pig iron. Under the agreement, Vale will issue guarantees to help Sinobras obtain financing for the plant and the supply of pig iron for the project will be made by Vale’s subsidiary Tecnored and Sinobras will be responsible for the engineering studies, which should be completed by the end of 2023, as well as for the construction and operation of the plant. The detailed work schedule will be presented from the engineering studies phase. The companies did not reveal how much they will invest in the new venture.

Tecnored is a 100% Vale subsidiary focused on developing a low carbon pig iron process through the use of energy sources, such as biomass, syn-gas and hydrogen, that emit less CO2 than the coal and coke the tradition iron-making processes use. Using biomass, the path to economic carbon neutrality may be achieved in the medium term.

Since last year, Para state legislators have been conducting an investigation, through a special commission, on the costs and benefits of mining for Pará. Lawmakers have complained that Vale invests little in the state in terms of production units and much more in its mineral extraction operations. Vale has been unveiling a series of initiatives and projects in Para as part of efforts to reduce pressure from local politicians against the company. Vale’s CEO Mr Eduardo Bartolomeo said “This initiative is part of a set of investments and commitments that Vale has made with the people of Para. Altogether, we’re investing BRL 12.2 billion (USD 2.4 billion) in projects in Para, generating around 14,000 jobs at the peak of the works.”

The expansion of Sinobras activities was also one of the announcements made during the event. With the project called Sinobras phase 2, the company will more than double the production capacity of its steel plant, with an investment that includes the installation of Lamination 2, which will enable the production of 500,000 tonne per year of rolled steel in coil; and a new 230kV substation and transmission line, which will have the mission of supplying the company's new electrical load needs and providing the use of energy from the Belo Monte Hydroelectric Power Plant, of which the company is a partner as a self-producer. With this, the company will have the capacity to produce 850,000 tonne per year and will generate a peak of 600 new jobs during the implementation phase and 200 in the operational phase, in addition to producing new products such as wire rod and rebars.

voda 12 mei 2022 07:39

0

Nurminen Logistics LaunchesContainer Train on Trans-Caspian Route

Strategic Research Institute
Published on :
12 May, 2022, 5:32 am

Helsinki Finland based Nurminen Logistics announced that the first full-length container train from Nurminen Logistics departed on 10 May 2022O on the new southern Trans-Caspian route, from Chongqing in China. The route starts from China and runs via Kazakhstan, Azerbaijan, Georgia, and Romania to Central Europe. The first train has containers with a wide range of products from European customers. The containers include components from various industries and summer products from jacuzzis to outdoor sports equipment. The next train, which leaves on May 25, is almost sold out. Weekly departures are scheduled to begin in June.

The Trans-Caspian route, which combines rail and sea transport, responds perfectly to the needs of modern transport chains, where time and environmental friendliness play a significant role; transport time from China to Central Europe is approximately three times faster than sea freight. Nurminen Logistics built the route in two months from scratch together with the Kazakh railways

The Trans-Caspian route strengthens Nurminen’s current door-to-door rail service between Asia and Nordic countries and container train services between Norway, Sweden, and Finland. The route will also increase the company’s customer base in Central Europe and enable the further development of the company’s multimodal transport solutions.

Nurminen Logistics is a Finnish listed company established in 1886. The company offers high-quality rail transport, terminal, and multimodal solutions between Asia and Europe and in the Nordic and Baltic countries.

voda 12 mei 2022 07:40

0

Wuppermann Austria Switches to Solar Power at Jude burg

Strategic Research Institute
Published on :
12 May, 2022, 5:35 am

European galvanizing leader Wuppermann announced that its Judenburg plant in Austria has been generating electricity via its own photovoltaic system since May 2022. The system was installed on the roof of the Wuppermann Austria GmbH hall. The investment volume was EUR 251,000 euros. The annual electricity generation of the photovoltaic system is around 418 MWh, and the nominal output is 380 kWp.

In addition to galvanized steel strip, Wuppermann Austria also produces galvanized tubes and profiles and is one of the largest production sites within the Wuppermann Group. WA is also one of the largest employers in the Judenburg region.

With Wuppermann Austria, three of the Wuppermann Group's five production sites now generate electricity from the company's own photovoltaic systems. The start was made at plant in Hungary at the beginning of the year. The tube plant in Altmünster in Austria followed in March

Since its foundation in 1872, the medium-sized family business Wuppermann has developed from a steel processor to a leading innovator in corrosion protection. Wuppermann Group employs around 800 people throughout Europe at five production sites in the Netherlands, Austria, Poland and Hungary, as well as in holding and sales companies in Germany, Austria, France, Sweden and Romania. It is managed by Wuppermann AG as a holding company based in Leverkusen, which is 100 % family-owned. The product portfolio includes surface-finished flat steel products with zinc and zinc-magnesium coatings and pickled surfaces, as well as pipes, profiles and pipe components with the same surface types. Wuppermann's products are applied in a wide variety of industries: construction, furniture and automotive industries, solar & energy technology and transport.

voda 12 mei 2022 07:40

0

Aperam Reports 107% YoY Surge in Jan-Mar EBIDTA

Strategic Research Institute
Published on :
12 May, 2022, 5:41 am

Luxembourg-headquartered global stainless steel producer Aperam SA has reported a net profit of EUR 187 million in January-March 2022 quarter, as compared to a net profit of EUR 438 million in October-December 2021 quarter and a net profit of EUR 116 million in January-March 2021 quarter. Aprams’s sales revenues amounted to EUR 2.26 billion, rising by 62.5% QoQ & 93.1% YoY. Aperam’s EBITDA increased by 5.2% QoQ & 107.4% YoY to EUR 363 million.

Aperam’s steel shipments rose by 58.7% QoQ and were up by 36.5% YoY to 673,000 tonnes, due to seasonally strong stainless sales in Europe.

Aperam CEO Mr Timoteo Di Maulo said “Q1 was the fifth adjusted EBITDA record in a row and we are aiming for another record in Q2 to make good on our promise of a strong first half. Strong balance sheets will be a cornerstone in the current environment and Aperam is pleased to increase the 2022 share buyback by another EUR 100 million. I am proud that our 2021 ESG report confirms Aperam's best in class C02 footprint, which includes an added sustainability value dimension of our FSC certified forest. Aperam is further significantly investing into growing this unique strategic asset."

voda 12 mei 2022 07:40

0

Dillinger Improves DILLINAL Plates Quality to boost Wagon Capacity

Strategic Research Institute
Published on :
12 May, 2022, 5:45 am

German producer of high end plates Dillinger announced that it has further developed DILLINAL as a special solution for transportable tanks. Using this weld able, fine-grained structural steel, notable for an even more remarkable combination of mechanical strength and toughness, Dillinger exhaustively exploit all potentials for minimizing the tare, boosting transportation payloads and thus improves the CO2 balance for the product transported. In addition, Dillinger significantly improves the welding processing for the fabrication shop.

To achieve the normalized fine-grained DILLINAL structural steel, the conventional P460NH described in EN 10028, Part 3, was further developed and improved. DILLINAL obtains its typical properties thanks to an extremely tightly defined composition window and exact temperature control during rolling and heat treatment. The result is a high-strength normalized fine-grained structural steel with an excellent combination of mechanical strength and toughness. In both its chemical composition, mechanical characteristics and welding requirements, DILLINAL in all cases conforms to the EN 10028. The predicted and observed tensile and yield strength data are in all cases above the minimum levels required in EN 10028, Part 3, even at elevated temperatures.

DILLINAL exhibits virtually no loss in tensile and yield strength data in the significant material reaction to stress-relieving heat treatment. DILLINAL also excellently fulfills the standard's requirement for HP factor and actually has the potential to achieve slightly higher HP values.

voda 12 mei 2022 07:41

0

Tosyali Orders Slab Caster from Primetals for Algerian Plant

Strategic Research Institute
Published on :
12 May, 2022, 5:49 am

Turkish-steel maker Tosyali Holding has recently ordered a new slab caster from Primetals Technologies. Tosyali is aiming to expand in the Algerian market by implementing the slab caster together with a new hot-strip mill at its site in Bethioua, located in the north-western part of Algeria. The commissioning of the slab caster is scheduled for summer 2024.

The 2-strand slab caster has a radius of ten meters and a metallurgical length of 25 meters. With a capacity of 3.4 million tons of qualified slab per year, it will produce slabs ranging in thickness from 200 to 250 millimeters and in width from 900 to 1,800 millimeters. Casting speeds will be up to 1.6 meters per minute. The mold level is controlled by LevCon, an automatic mold-level control system with auto start casting functions and auto-adaptive dynamic bulging compensation. Another important feature is Flow Master combined electromagnetic stirring and breaking in the mold, resulting in high internal strand quality at high casting speeds.

Sophisticated automation systems from Primetals Technologies make sure the casting machine is optimized for both current and future needs. The Level 2 automation package ensures high and consistent quality throughout the process. DynaPhase, a thermodynamic phase transformation model, uses parameters like thermal enthalpy, thermal conductivity, and density to calculate how the liquid steel is composed and how it will behave during solidification. Dynacs 3D, a secondary-cooling model, calculates the full 3D temperature profile at any position along the strand to achieve optimal adjustment of secondary-cooling set points. At the same time, this model reveals the point of final strand solidification for best possible control of cooling. DynaGap SoftReduction 3D, a fully automatic roll-gap control system, allows dynamic soft reduction to minimize centerline segregation for improved internal strand quality.

In addition to these systems, the 2-strand slab caster will also feature the Mold Expert Fiber technology, which increases plant availability and cuts the time needed for maintenance. While enabling detailed monitoring of the processes taking place in the caster mold, this systems’ core aim is to alarm operators to the possibility of a caster-mold breakout at the earliest possible stage.

Another key feature to this slab caster is the comprehensive quality tracking system Through-Process Optimization. An important part of TPO, Through-Process Quality Control has the following main tasks: inspecting slabs, analyzing root causes for defects, tuning the automated quality rating, process optimization, and recording and visualizing data.

Leading steel technology supplier Tenova was recently awarded a contract for the supply of a new Electric Arc Furnace at the Tosyali Bethioua plant.

voda 12 mei 2022 07:44

0

EC to Impose AD Duty on of HDG Steel imports from Turkey & Russia

Strategic Research Institute
Published on :
12 May, 2022, 6:18 am

The European Commission has found that Turkish & Russian hot-dipped galvanized coils were dumped in the EU and is proposing definitive anti-dumping measures in a range of 2.4-37.4%, according to a 10 May Commission document sent to interested parties. Interested parties are being granted a period within which they can make representations subsequent to the EC's latest disclosure.

-----------------------

Russia - 10.3-37.4%

NLMK – 10.3%

Severstal - 31.3%

MMK 36.6%

All other companies -37.4

-------------------

Turkey - 2.4-11%

Tatmtal – 2.4%

MMK Metalurji - 10.6%

Tezcan – 11%

Other cooperating companies – 8%

All other companies - 11%

With Turkey ranks first as the biggest HDG exporter to the EU, Vietnam, Taiwan, South Korea and India are now likely to replace Turkey's market share in the region

The investigation was initiated on 24 June 2021, upon the complaint of the European Steel Association

EC said “The commission established a causal link between the injury suffered by the union industry and the dumped imports from Russia and Turkey. The increase of dumped imports from the countries concerned coincided with a deterioration of the union industry's situation. Low-priced imports from Turkey and Russia increased exponentially and prevented the union industry from increasing sales prices and volumes following the anti-circumvention investigation concerning Chinese imports. In terms of prices, the dumped imports from the countries concerned continuously undercut those of the union industry sales prices in the union market, and in any event created substantial price pressure preventing the union industry from setting prices at sustainable levels necessary to achieve reasonable profit margins.”

The investigation was started in Jun 2021 after EU producers submitted a petition to the commission. The EC in January this year decided to skip preliminary duties, as it said the case was technically very complex and it needed more time to determine the outcome. It was originally expected to come out with a decision by the end of August.

voda 12 mei 2022 08:24

0

Tata Steel verwacht 80 procent minder stof door overkappen putten
ANP - Gisteren om 11:33

IJMUIDEN (ANP) - Tata Steel verwacht dat zo'n 80 procent minder stof vrij zal komen op het terrein in Velsen-Noord. Woensdag heeft het bedrijf Harsco, dat op het fabrieksterrein onder meer een restproduct genaamd converterslak verwerkt, nieuwe slakkenputten in gebruik genomen. Die zijn overkapt, waardoor de stofverspreiding af moet nemen, aldus Tata Steel.

© Copyright ANP 2022

Door het verwerkingsproces kwamen meerdere zogenoemde grafietregens voor in de omgeving en omliggende dorpen. Om de stofwolken zoveel mogelijk te beperken, voerde Harsco in 2020 extra maatregelen in. Volgens Tata Steel waren die maatregelen effectief: "Sinds begin 2020 is het aandeel stof afkomstig van converterslak gehalveerd."

"De nieuwe putten voor converterslak hebben mobiele overkappingen", vertelt Hans Hochstenbach, manager van Harsco. "Gecombineerd met een stevig nevelgordijn moet zoveel mogelijk stoom in de put blijven en zal het stof dat vrijkomt direct weer in de afgesloten put neerslaan." De nieuwe slakkenputten zijn onderdeel van Tata Steel’s Roadmap Plus-verbeterprogramma. Daarmee wil Tata Steel de emissies en de overlast voor omwonenden verminderen. Omgevingsmanager van Tata Steel Bram Nugteren noemt de overkapping een "belangrijke mijlpaal".

Mirjam Gosen, bestuurslid van de dorpsraad van Wijk aan Zee, zegt nog vaak stof op de vensterbanken in de omgeving te vinden. "Vannacht daalde bijvoorbeeld weer zwarte stof met glitter neer", aldus Gosen, namens de raad. "Tata Steel zegt minder stof te verwachten. Wij houden het liever bij de feiten en metingen door externe partijen."

Het OM heeft Harsco eerder vervolgd voor het veroorzaken van de grafietregens tussen 2018 en 2020. De grafietregens bevatten zware metalen en PAK's, waarvan de metalen zeker voor jonge kinderen ongezond zijn. Eén incident uit 2019 is door de rechter bewezen geacht, voor de andere incidenten is Harsco in februari vrijgesproken.

voda 13 mei 2022 08:16

0

Court Orders ArcelorMittal South Africa Workers to Return to Work

Strategic Research Institute
Published on :
12 May, 2022, 6:15 am

ArcelorMittal South Africa announced that the National Union of Metal workers of South Africa has issued the Company with a strike notice on 9 May 2022, giving notice of its intention to embark on a strike on 11 May 2022, following a breakdown in the 2022 annual wage negotiations with NUMSA. In the union’s strike notice, NUMSA has reverted to its original 15% increase demand. ArcelorMittal South Africa said “It was hoped that this action could be averted but this has not been possible. The Company has also applied for an interdict to prevent certain employees from striking on the basis that they are involved in providing a maintenance service as contemplated in the Labor Relations Act.

ArcelorMittal South Africa CEO Mr Kobus Verster said “The Company is concerned that unsustainable increases in base pay will lead to cost pressures which will weaken our competitiveness. Our industry remains very cost sensitive, challenging and volatile. To survive and be sustainable, we need to ensure that our cost base remains competitive so that we can manage through the downturns. Communication channels between the parties remain open in the interest of speedily reaching agreement in the negotiation process. The impact and duration of the strike cannot be predicted but the Company has in place plans to mitigate the impact thereof, and to protect its people and assets, and service its customers insofar as is possible.”

NUMSA said that at the heart of the dispute was ArcelorMittal refusal to make a meaningful offer to settle in the deadlocked negotiations. NUMSA said "The bosses have tabled a final offer of only 5% across the board. They are also offering workers 2% of their salaries in cash as a monthly amount. We reject this proposal. What is a 5% increase for the lowest-paid worker who earns approximately R7 000? It is not much at all.”

In the most recent engagement on 5 May, which was conciliated by the Centre for Dispute Resolution at the Metals and Engineering Industry Bargaining Council, ArcelorMittal South Africa tabled a significantly improved final offer of 7%, comprising of a 5% increase across the board on all remuneration elements as well as a 2% cash equivalent based on all remuneration elements, to be paid monthly and in acknowledgement of the immediate term cost of living squeeze. The offer is higher in both percentage terms and absolute rand terms than what has been implemented in the steel sector (5.5% average) and elsewhere in the recent past, which is indicative of the substantially higher salary scales at ArcelorMittal South Africa compared to the rest of the industry and other sectors. NUMSA disputes this fact but has to date not presented any factual evidence to the contrary. The Company is of the firm view that its offer is fair and considers both the current economic conditions and the future sustainability of the business.

However, according to a latest media report, striking NUMSA workers are expected back at work after the labor court granted an interim order to ArcelorMittal South Africa prohibiting workers from striking for above-inflation wages.

voda 13 mei 2022 08:17

0

POSCO to Supply Steel for Hyperloop Tube Project in Netherlands

Strategic Research Institute
Published on :
13 May, 2022, 5:12 am

South Korean steel giant POSCO announced that it will supply 2,075 tonne of hot rolled PosLoop 355 hyperloop steel tubes to Dutch company HARDT Hyperloop by 2025 for the Netherlands’s Hyperloop Development Program, a private-public partnership to develop the futuristic high-speed transportation system hyperloop. POSCO will initially supply 275 tonnes from July 2022 to December 2023 for a 450-meter test track at European hyperloop test facility in Groningen European Hyperloop Center. TATA Steel Netherlands, which co-developed the PosLoop 355 with POSCO, will be supplying the same amount as POSCO. South Korean SeAH Steel Holdings Corp will be welding 63 tonnes of the 275 tonnes of POSCO’s initial supply into a tube shape before they are shipped to the Netherlands.

It will provide an additional 1,800 tonnes of steel needed to extend the test track to 2.7 kilometers by 2025.

PosLoop 355 has 1.7 times the damping capacity of ordinary steel and has excellent seismic performance.

Hyperloop is a futuristic form of high-speed ground transportation where passengers and goods are carried in magnetic levitation pod-like capsules at speeds of more than 1,000 kilometers per hour through low-pressure tubes close to vacuum status. The energy consumption level of the hyperloop is only 8% of an aircraft and construction costs are 50% of a highway.

Bijlage:

voda 13 mei 2022 08:18

0

Thyssenkrupp Automotive & NSK Steering Join Hands

Strategic Research Institute
Published on :
13 May, 2022, 5:16 am

German steel maker thyssenkrupp & Japanese industrial group NSK have signed a memorandum of understandingto explore a joint venture between thyssenkrupp Automotive and NSK's steering business. The MoU includes a technological and strategic alignment of the product areas in thyssenkrupp's automotive business with NSK's steering business. The aim is to develop a partnership approach for a joint automotive business. With the signed MoU, both companies agree on a phase of non-binding assessment of the relevant businesses without any preconceived outcomes. A decision on a possible cooperation model is to be taken by both sides by the end of the year.

The product range of thyssenkrupp's automotive segment has been realigned in recent years in line with the technological trends of electric mobility, autonomous driving and sustainability. Investments have been made primarily in chassis technologies that are independent of a particular drivetrain. The Automotive segment already generates around 80 percent of its sales with products other than for the internal combustion engine. At the same time as new products have been launched and industrialized, new state-of-the-art production capacities have been established, particularly in the growth regions of North America, China and Eastern Europe.

The steering business is also one of NSK's most important product areas in the automotive components business. The product range extends from mechanical components, such as steering columns and steering shafts, to electronically assisted steering systems. NSK Steering’s business activities span the globe with production sites in North America, Europe and Asia.

Thyssenkrupp Automotive Technology business segment is one of the leading suppliers and engineering partners to the international automotive industry. Its product and service range includes high-tech components and systems as well as automation solutions for vehicle construction. The product range covers chassis technologies such as steering and damper systems, and the assembly of axle systems as well as engine and motor components for conventional and alternative drive systems. In addition, thyssenkrupp Automotive Technology develops assembly lines for body construction and produces lightweight body parts in series.

NSK started its journey manufacturing the first bearings in Japan in 1916, and has since developed into a global organization researching, designing, and manufacturing Motion & ControlTM solutions supporting essential mobility and industry applications. NSK is currently the top supplier of bearings in Japan, and is the third largest supplier in the world by market share. It is also a world leader in electric power steering and ball screw manufacturing and technology.

voda 13 mei 2022 08:18

0

Egypt to Allow CAD Payment for Steel Imports Again

Strategic Research Institute
Published on :
13 May, 2022, 5:18 am

It is reported that Egyptian government has reconsidered the payment procedure, after almost three months of challenges caused by the obligation to use letters of credit for all import operations, to allow cash against documents. No official documents have been released yet, but market players have met this news with inspiration. Steel industry representatives see positive signs in such changes as the sector will receive more space for business activity, while the market will get a new impulse for recovery.

The decision covers raw material and industrial consumables, spare parts mainly, as stated so far. Not only scrap or iron ore is regarded as raw materials. For rolling mills, semis are identified as the inputs and HRC for tube producers. So, all mills that import are not obligated to use LCs anymore

Egypt’s President Sisi had directed to establish an advisory group headed by the prime minister for monitoring and regular assessment of import procedures and their correspondence to the needs of the producers.

voda 13 mei 2022 08:19

0

Dana Steel Plans to Set Up Cold Rolling Mill in Dubai

Strategic Research Institute
Published on :
13 May, 2022, 5:21 am

UAE based manufacturer of galvanised steel & pre painted galvanised steel Dana Steel has announced the plans for setting up cold rolling mill plant. The proposed expansion is Dana Steel’s CRM Complex’s Phase 2 of the project, while the Phase 1 of the project was commissioned in July 2021. The company has finalised a world class, state-of-the-art Hitachi Mill and has secured a one million square feet land facility in Dubai Industrial City and AED 300 million credit line from A Class Banks.

The Phase 2 of the project will be a further backward integration of the Dana Steel Industry CGL and CCL Line, wherein Dana Steel will be manufacturing the raw material cold rolled full hard to replace the imports. The company also plans to further supply Hot Rolled Pickled and Oiled, Cold Rolled Close Annealed. The raw material for import will be Hot Rolled Coils and further Hot Rolled Pickled and Oiled

Dana Steel was set up in the year 2017 at a 600,000 square feetfacility at Dubai Industrial City located in the vicinity of Jebel Ali Sea Port in Dubai and operates a Continuous Galvanizing Line & a Continuous Color Coating Line with installed capacity of 250,000 tonnes per annum and 150,000 tonnes per annum.

voda 13 mei 2022 08:20

0

Jindal Stainless to Supply 301LN Steel to Alstom for RRTS Trains

Strategic Research Institute
Published on :
13 May, 2022, 5:26 am

Jindal Stainless will supply 2,000 tonnes of 301LN stainless steel grade in 2J finish to leading global mobility provider, Alstom for developing 210 train sets for first regional rapid transit system. Jindal Stainless announced “Furthering the vision of the government to develop robust and modern infrastructure, the first train set of India's first Regional Rapid Transit System was recently handed over to the National Capital Region Transport Corporation. ''Jindal Stainless is supplying stainless steel to Alstom for developing technologically-advanced and state of the art train sets for this project.”

Stainless steel provides light-weight and high crash-resistance to the RRTS train sets, thereby making them energy-efficient. In addition to this, stainless steel has a high strength-to-weight ratio. As a green metal, stainless steel provides a low life cycle cost and is an optimum raw material for developing long-lasting sustainable solutions for modern railway infrastructure in the country. Several components, including sidewall skins, brackets, end walls, sole bars, cantrails, roofs, and under-frames are being developed using stainless steel.

Jindal Stainless is currently supplying high-strength stainless steel grades like 301LN and 304L in LT, MT & HT configurations for metro and railway coaches. The Company’s products have been approved by major metro coach manufacturers like Alstom, Bombardier and BEML. The Company is also supplying stainless steel for Uttar Pradesh Metro Rail Corporation’s Kanpur Metro Project. In the past, the Company has supplied stainless steel for metro projects in Sydney and Queensland, apart from Delhi, Kolkata, Bangalore and Chennai metros.

As India’s first semi high-speed regional trainsets, the RRTS trainsets will function at a speed of 180 KMPH and will reduce commute time between Delhi and Meerut by 40%.

Alstom manufacturing unit at Savli in Gujarat

Designed at Alstom's Hyderabad engineering centre and manufactured at Savli in Gujarat, Alstom trains are 100% indigenous. The propulsion systems and electricals are manufactured at the company's factory in Maneja in Gujarat. The Savli unit produces bogies, car bodies and undertakes train testing. In 2020, Alstom was awarded the contract worth 436 million Euros to

Design, build, and deliver 210 regional commuter and transit train cars along with comprehensive maintenance services for 15 years

Design, supply, install, test and commission Signalling & Train Control, Supervision, Platform Screen Doors and Telecommunication Systems.

Bijlage:

voda 13 mei 2022 08:21

0

Marcegaglia Acquires Liberty Precision Tubes at Oldbury

Strategic Research Institute
Published on :
13 May, 2022, 5:29 am

Italian steel tube leader Marcegaglia’s precision tube manufacturer in Britain Marcegaglia UK LTD has completed the acquisition of precision steel tube manufacturing assets from Liberty Precision Tubes Limited at its Oldbury site in the West Midlands in UK. The decision to complete the purchase was agreed after a successful two-year operational assessment of the assets while operating under a licence agreement. During the two-year assessment, Marcegaglia UK used the assets to contribute to its existing business, which has aided the expansion of the company's footprint in both UK and international markets. Liberty Precision Tubes has an annual production capacity of about 80,000 tonnes.

Even though the asset purchase has been completed, Hub Le Bas Limited and Accles & Pollock Limited will continue to trade as normal and their downstream businesses will remain unaffected as a result, Marcegaglia stated.

Marcegaglia is the leading industrial group worldwide in the steel processing sector, with a turnover of more than 7.5 billion euros. The group has operations worldwide with 6,600 employees, 60 sales offices and 29 steel plants and 6.2 million tons of steel processed yearly, serving more than 15,000 customers.

voda 13 mei 2022 08:21

0

British Steel Bags Extenion of Rail Supplies to Network Rail

Strategic Research Institute
Published on :
13 May, 2022, 5:42 am

British Steel has been awarded another major rail contract extension by Network Rail. The 2-year agreement sees British Steel retain its position as principal supplier to the company which operates and maintains Britain’s rail infrastructure. By the time the contract concludes in March 2024, employees at British Steel’s Scunthorpe headquarters will have supplied Network Rail with more than one million tonnes of rail, circa 19,000 kilometres, in a decade. Among the rails British Steel will be supplying to Network Rail are two long-life rail innovations HP335 and Zinoco. Products such as these reduce the need for maintenance and replacement works.

And in addition to the supply of rails, the contract will also see British Steel build 2 new developments to further enhance services to Network Rail. They are:

A multi-million-pound new storage facility for long length rails

A dedicated train servicing facility to allow essential maintenance to Network Rail's Rail Delivery Trains

Work will start shortly on the new storage and servicing facilities, both of which will be built on British Steel’s Scunthorpe site.

The rails, which will largely be used for maintenance and renewal, will be supplied during Network Rail’s Control Period 6, its 5-year plan to maintain and improve Britain’s railways. CP6 runs between 2019 and 2024 and is designed to make the railway more reliable and cost efficient while increasing capacity and building on its reputation as the safest railway in Europe.

HP335, also known as HPrail, was approved by Network Rail in 2012 after extensive trials and was designed to cut life cycle costs through reduced grinding frequency, reduced wear and extended rail life. It is the premium rail of choice in the UK mainline network and many light rail operators have also adopted HP335 as their high-performance rail solution.

Zinoco is a corrosion protected rail designed to greatly extend rail life in aggressive environments such as level crossings, tunnels and coastal regions. Its success has led to a recent expansion in production facilities.

voda 13 mei 2022 08:22

0

US DOC Findings on Steel Nails Imports from China

Strategic Research Institute
Published on :
13 May, 2022, 5:48 am

US Department of Commerce has preliminarily determined that eleven companies subject to this review had no shipments of certain steel nails from China during the period of review of 1 August 2020 to 31 July 2021. US Department of Commerce also preliminarily determines that no company subject to this review established its eligibility for a separate rate and all entries of subject merchandise during the POR will be subject to the China-wide entity rate. US Department of Commerce invitea interested parties to comment on these preliminary results.

US Department of Commerce finds that no company subject to this administrative review has established its eligibility for a separate rate. Because 15 companies did not submit separate rate applications or certifications, or no-shipment certifications, and two companies which submitted no-shipment certifications failed to respond to the results of our no-shipment inquiry to demonstrate they had no shipments of subject merchandise to the United States during the POR, US Department of Commerce preliminarily determine that these 17 companies are not eligible for a separate rate and are part of the China-wide entity.

voda 13 mei 2022 08:25

0

Baowu’s TISCO Develops Stainless Steel for Hydrogen Projects

Strategic Research Institute
Published on :
13 May, 2022, 5:53 am

Chinese steel giant Baowu recently announced that its unit TISCO has launched the first stainless steel products for liquid hydrogen in China and passed the relevant certification, becoming the only domestic supplier of such products. It has signed batch orders with the world's largest hydrogen producer and the leading enterprise in the field of hydrogen energy infrastructure, and the products will be used in one of the largest domestic hydrogen energy projects in Asia.

The development of TISCO's special stainless steel for liquid hydrogen has successfully filled the gap of stainless steel for civilian liquid hydrogen pressure vessels in China and promoted the development and improvement of related standards in China.

voda 13 mei 2022 08:27

0

EU Electrical Appliances Industry to Shrink by 3% YoY in 2022

Strategic Research Institute
Published on :
13 May, 2022, 5:55 am

European Steel Association EUROFER in latest Economic and steel market outlook 2022-2023 said that “Electrical domestic appliances industry activity in the fourth quarter of 2021 in the fourth quarter of 2021 output in the electrical domestic appliances sector dropped by 2.8% for the second time in a raw. The third quarter with minus 5.3% saw the end of a very positive trend started in the third quarter of 2020, with a bigger-than-expected recovery in output after the removal of lockdown measures and widespread remote working across the EU, which boosted demand for home appliances and other related goods. However, despite the drop experienced over the last two quarters, the sector still records high output volumes in historical terms. On an annual basis, after 2020 moderate fall of 2.1% compared to other EU steel-using sectors, output rebounded by 6.7% in 2021, thanks to very positive performances recorded over the first half of the year.”

EUROFER said “Output in domestic appliances is set to drop in 2022 by 3.3% and to marginally recover by 2% in 2023. Growth is expected to record negative growth over the first half of 2022 as a result of the already mentioned supply chain disruptions and effects of the war in Ukraine. On the other hand, some supportive factors will provide positive contribution to growth: working from home will remain widespread in the EU over the next two years, albeit to a lower extent than during the C0V1D-19 pandemic. In the longer term, developments linked to the so-called Internet of Things should also benefit the sector, but the impact of these applications is not likely to be visible before 2023.

Vertraagd	26 apr 2024 17:37
Koers	23,750
Verschil	+0,210 (+0,89%)
Hoog	24,080
Laag	23,700
Volume	2.295.626
Volume gemiddeld	2.493.843
Volume gisteren	2.802.569

23 apr	Mondiale staalproductie daalt toch weer
16 apr	Deutsche Bank haalt ArcelorMittal van...	1
12 apr	Video: cyclische aandelen bieden kansen
09 apr	World Steel Organisation ziet vraag n...
22 mrt	Mondiale staalproductie in de lift
12 mrt	ArcelorMittal neemt groot belang in V...
05 mrt	Beursblik: experts vinden koerswinst ...
23 feb	Mondiale staalproductie daalt opnieuw
08 feb	ING: ArcelorMittal doet het beter dan...
08 feb	Fors verlies voor ArcelorMittal

Arcelor Mittal « Terug naar discussie overzicht

Nieuws en info hier plaatsen (deel 4)

Meedoen aan de discussie?

Direct naar Forum

Detail

ArcelorMittal nieuws