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voda 10 juni 2020 09:49

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Bangladesh Steel Manufacturers Association Place 8 Point Demand ahead of National Budget

Bangladesh Steel Manufacturers Association has recently placed 8-point list of demands, including extension of bank loan repayment date by 6 months, for which they wouldn’t like to see the central bank degrade their status as borrowers to the Prime Minister’s Office, Finance Ministry and National Board of Revenue ahead of the Finance Minister placing the national budget for the 2020-21 fiscal in Parliament

The demands include increasing development spending compared to last year’s one, expediting the project implementation of all government agencies including Bangladesh Bridge Authority, Public Works Department and Local Government Engineering Department, and releasing funds quickly for the existing development projects as a lot of the industry’s money is stuck in these projects as outstanding.

The BSMA proposed fast-tracking new development projects, issuing new rules and monitoring the implementation of existing social distancing and mask-wearing rules across the country instead of imposing any lockdown or holiday again, encourage real estate sector so that they can experience growth, and have National Board of Revenue refund years of taxes paid in advance and refundable to the steel industry.

The steel manufacturers said a huge amount that could easily have been utilised as working capital by the companies, remained stuck with the government in advance taxes as no refunds were processed last year, and previously only a few years’ refunds made their way back to the industry.

The BSMA appreciated the government for taking fiscal measures to mitigate economic downturn due to coronavirus impact and announcing the financial assistance package of Taka 1,00,000 crore.

It said the steel industry is one of the most prominent and strongest industries in the country, that is meeting 100 percent of national demand, which is more than 8 million metric tonnes a year through domestic manufacturing at a time of heightened development and contributing 2.2 percent to the GDP.

More than 300,000 people directly working in more than 200 companies belong to this industry and its total contribution to the national exchequer is around Tk 9,950 crore which is 2.84 percent of the national government revenue in 2018-19, it added.

Source : Strategic Research Institute

voda 10 juni 2020 09:53

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Head of Environment to lead Severstal’s Climate Strategy

PAO Severstal announced the appointment of Olga Kalashnikova as its new Head of Environment to lead the Company’s strategy to reduce its carbon footprint and meet the climate challenge. The creation of this new role underlines Severstal’s commitment to achieving a leading sustainability performance among global steel producers. Olga Kalashnikova, who was previously responsible for Upstream environmental performance at Shell Russia, is now primarily focused on the development of a clear strategy and roadmap to decrease Severstal’s carbon emissions. She is also working closely with departments across the business to ensure the Company’s environmental initiatives are aligned to Severstal’s stated ESG targets with a particular focus on the reduction of air emissions and wastewater.

Ms Kalashnikova has more than 20 years’ experience working with blue chip international companies to improve their environmental performance. During more than 10 years at Royal Dutch Shell she was responsible for ensuring best environmental practices were maintained at the group’s joint ventures in Russia, as well as for developing and running strategies to address local environmental issues, including those related to biodiversity, environmentally sensitive areas, managing greenhouse gas emissions and energy efficiency.

With Ms Kalashnikova’s appointment, Severstal has further strengthened its ESG governance structure. Sustainable development is core to the business strategy of Severstal and the three important areas of environment, social and governance are overseen at Board level, with the environmental department reporting directly into the CEO.

Source : Strategic Research Institute

voda 10 juni 2020 09:54

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Two Danieli Automation Revamping Projects Implemented for Gerdau

Gerdau Pindamonhangaba plant, in Brazil, produces specialty steel bars with very strict tolerances for the automotive industry. The process control automation of rolling mill #2 was upgraded recently by Danieli Automation in order to meet the highest production requirements set by Gerdau. Modernization activities were completed during maintenance plant shutdowns, without any delay or impact on plant production by the Danieli do Brasil Automation Team for process automation and drives, and by Danieli do Brasil Service Team for the new parameterization of the rolling mill. The automation revamping focused on upgrading the speed control for the existing rolling mill and improving process control for the Garrett coiling lines.

For rolling bars and plate products, a new Technological WorkStation was installed with process setup functions to control the entire rolling mill, along with a new control desk with key panel. A new PLC for mill speed control, with relevant application software was implemented, interfacing with existing fast finishing block and Kocks converters via Profibus.

For the Garrett lines, new equipment installed included a Technological WorkStation dedicated to process set-up functions; new control desk with key panel and local control station; new HMI; new PLC for mill control and evacuation, with relevant application software; new drive to substitute original Westinghouse drive were installed in the Garret lines.

Now, the setup of entire Rolling Mill is managed by the new TWS in a centralized mode. Moreover, all HMI screens have been redesigned using Danieli Automation standard. For an effective traceability of the product, the outgoing materials from reheating furnace is followed by a precise tracking system.

Final acceptance for both projects was released with Gerdau full satisfaction.

Source : Strategic Research Institute

voda 10 juni 2020 09:54

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Digitalisation is a key element of MMK's development strategy

Magnitogorsk Iron and Steel Works continues to implement its “Industry 4.0” strategic initiative. A key element of MMK Group's development strategy up to 2025 is digitalisation, which covers an increasing number of MMK's business processes, and increases productivity and product quality. Digitalisation also ensures employee safety and increases their efficiency, eliminates routine tasks, and helps to meet customer expectations and keep up with the demands of the modern world.

In the era of rapid development of digital technologies, the competitiveness of any business is determined by its ability to use modern IT systems to improve functional and operational efficiency. The Company's digitalisation strategy is based on more than a hundred digital transformation projects that have benefited almost two dozen of the Company's main functions. Priority areas include maintaining an integrated corporate information system, providing mobile access to key business applications, using artificial intelligence for modelling and forecasting both technological and business processes, end-to-end production planning and operational management of order fulfilment, as well as protecting the health and safety of employees in the performance of their duties.

By 2025, the implementation of "Industry 4.0" projects is expected to save MMK up to USD 160 mln.

Source : Strategic Research Institute

voda 10 juni 2020 09:55

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thyssenkrupp Expands Production Capacities for Water Electrolysis

Portfolio covers entire value chains for green chemicals, from hydrogen production to sustainable manufacture of ammonia, methanol, synthetic natural gas and fertilizers. Green hydrogen is gaining in importance worldwide as an energy carrier and CO2-free feedstock for the chemical industry. As a result, demand is rising for industrial electrolysis plants that can produce green hydrogen cost-efficiently. thyssenkrupp has significantly expanded its manufacturing capacities for such electrolysis plants and can now per year produce electrolysis cells with a total power consumption of up to one gigawatt, together with its strategic supplier and joint venture partner De Nora. These production capacities will be extended continuously in the future.

Green hydrogen, produced by electrolysis using renewable electricity, is essential for a successful energy transition and for meeting international climate targets. Hydrogen is not only a clean energy carrier and fuel; it is also a CO2-neutral feedstock for the production of green chemicals. As a specialist in the engineering and construction of chemical plants, thyssenkrupp can already realize entire value chains, from the large-scale production of hydrogen to the subsequent manufacture of sustainable base chemicals such as ammonia and methanol. In corresponding industrial processes this makes it possible to dispense with fossil raw materials and reduce CO2 emissions directly at source.

To simplify the construction of new hydrogen plants and keep costs down, thyssenkrupp offers its electrolyzers in prefabricated skid-mounted modules. One module produces 4,000 cubic meters of hydrogen per hour. The units are easy to transport and install and can be combined to realize projects of several hundred megawatts or gigawatts. Due to their high reaction speed, the plants can be operated flexibly; for the production of green hydrogen for industrial power-to-x applications as well as for grid stabilization.

The patented design of the electrolysis cells, equipped with proprietary anodic and cathodic coatings developed by De Nora, allows high system efficiencies of up to 80 percent. It is based on leading electrolysis technologies from thyssenkrupp. So far, more than 600 projects and electrochemical plants worldwide with a total rating of over 10 gigawatts have been realized by the company.

Source : Strategic Research Institute

voda 10 juni 2020 09:58

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Oncology Wing Inaugurated at VSGH at RINL VSP

The Visakha Steel General Hospital has been equipped with a new wing called Oncology for the first time as an employee welfare initiative. Mr KC Das Director (Personnel) of RINL inaugurated the Oncology Section. He said that recently, Dr D Raghunatha Rao, Ex-Director, Homibaba Cancer Hospital and Research Center had joined as an Advisor at VSGH which will benefit the VSP employees and their dependant family members to have follow up and consultations of this eminent personality in the area of Oncology.

Sri KC Das also inaugurated the –Computed Radiography Digitiser CR30-Xm and film printer in Radiology Section and online Doctors’ appointment system. He appreciated that the new equipment in the Radiology Section will not only be helpful in the quality investigations and also reduces the waiting time of the patients. He commended the Officers of IT&ERP for developing such computer application internally.

Source : Strategic Research Institute

voda 10 juni 2020 09:59

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AISI Update on Steel Production in US in Week 23

In the week ending on June 6, 2020, domestic raw steel production was 1,195,000 net tons while the capability utilization rate was 53.3 percent. Production was 1,866,000 net tons in the week ending June 6, 2019 while the capability utilization then was 80.2 percent. The current week production represents a 36.0 percent decrease from the same period in the previous year. Production for the week ending June 6, 2020 is down 0.9 percent from the previous week ending May 30, 2020 when production was 1,206,000 net tons and the rate of capability utilization was 53.8 percent.

Adjusted year-to-date production through June 6, 2020 was 35,491,000 net tons, at a capability utilization rate of 68.6 percent. That is down 16.9 percent from the 42,723,000 net tons during the same period last year, when the capability utilization rate was 81.4 percent.

Broken down by districts, here's production for the week ending June 6, 2020 in thousands of net tons: North East: 113; Great Lakes: 411; Midwest: 117; Southern: 500 and Western: 54 for a total of 1195.

Source : Strategic Research Institute

voda 10 juni 2020 09:59

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Germany Drafts Action Plan for Competitive Climate-Neutral Steel Production

The German government is working on an action plan to support the country's steel industry in becoming more competitive and climate friendly, writes Antje Höning in the Rheinische Post. Through the government's long-awaited national hydrogen strategy, the industry will receive support for producing green steel with renewable energies. Since 2010, the steel industry's production has fallen by about ten percent, while jobs in the sector fell by 4,000 to 86,000, the action plan states – and the economic impact of the coronavirus now further worsens the industry's outlook. Thirty percent of Germany'industry emissions from stem from the steel sector, Höning adds.

In the fight against climate change, hydrogen made with renewable electricity is increasingly seen as a panacea for sectors with particularly stubborn emissions, including heavy industry. Germany wants to become a global leader in the applicatipon of what has been dubbed tomorrow's oil and will flesh out its ambitions in a National Hydrogen Strategy, expected this week. A study by consultancy Roland Berger estimates that at least 100 billion euros of investments are necessary to make European steel production climate neutral by 2050.

Source : Strategic Research Institute

voda 11 juni 2020 16:58

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Worker Strike Hits Operations at Tata Steel IJmuiden in Netherland

Workers at Tata Steel’s Dutch operations went on strike on Wednesday to protest against planned job cuts. Ore-preparation workers laid down their tools at 2PM local time, forcing blast furnaces and other operations at the IJmuiden steelworks to halt. FNV union spokesman Roel Berghuis said “They want, among other things, the guarantee that there will be no redundancies.” I

The Dutch unions say Tata is planning to cut 1,000 of 9,000 jobs in the Netherlands as part of a wider restructuring of its British-based European operations. Tata Europe says it does not plan forced redundancies.

Source : Strategic Research Institute

voda 11 juni 2020 17:00

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RWE Green Hydrogen for Steel Production at thyssenkrupp

Green hydrogen from an RWE Generation electrolyzer could help thyssenkrupp Steel Europe sustainably reduce CO2 emissions from steel production in the future. The energy company and the steel producer have agreed to work together towards a longer-term hydrogen partnership. The first hydrogen is set to flow to the Duisburg steel mill by the middle of the decade.

The hydrogen required for iron production is to be produced by electrolysis, in which water is broken down into hydrogen and oxygen. The companies agree that only electricity from renewable sources should be used to operate the electrolyzers. At its power plant site in Lingen RWE is already planning to build electrolysis capacities that could supply green hydrogen for the iron production of Germany’s biggest steelmaker. A 100 MW electrolyzer could produce 1.7 tons of gaseous hydrogen per hour, corresponding to around 70 percent of the quantity required by the Duisburg steelmaker’s blast furnace earmarked for hydrogen use. This would translate theoretically into around 50,000 tons of climate-neutral steel. The conversion of the blast furnace is to be carried out by 2022 - the first important stage of a fundamental transformation process at the end of which the company’s entire steel production will be carbon-neutral.

One of the prerequisites for the collaboration is the development of a dedicated hydrogen network to transport the gaseous hydrogen from Lingen to tkSE’s steel mill site in Duisburg. Pipeline transport of the hydrogen is the most economical delivery option. In dialogue with gas network operators and the authorities, RWE and tkSE therefore want to drive solutions for timely network connection. They believe hydrogen pipeline transport will be possible on the basis of regulations corresponding largely to those currently applying to natural gas delivery. The GETH2 initiative, in which RWE is involved, is already promoting corresponding solutions. The gas network development plan published on May 4, 2020, in its “green gas variant”, for the first time includes calculations for initial hydrogen sections parallel to the natural gas network.

Hydrogen is a central component of the German government’s decarbonization strategy. The lightest element in the periodic table can not only replaces fossil fuels and raw materials it also allows flexible, supply-oriented storage of renewable energies. Under the National Hydrogen Strategy of the Federal Ministry for Economic Affairs and Energy, up to five gigawatts of electrolysis capacity for hydrogen production is to be created and the hydrogen transport and distribution infrastructure further developed by 2030. Through targeted support and relief the ministry wants to make hydrogen economically viable for producers and users.

Source : Strategic Research Institute

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voda 11 juni 2020 17:01

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SAIL partners with Apollo Hospital for knowledge sharing & services

Steel Authority of India Limited has partnered with Apollo Hospital in Delhi for establishing a knowledge sharing platform for the company, in a step towards better handling of the corona andemic, at its Company HQ & Unit Hospitals spread across the country. This step has been taken in the wake of current COVID situation in the Country as well as while few SAIL employees who had been earlier tested Corona positive, recover from COVID. This is in tandem with the Company’s continued initiatives in monitoring the situation to ensure employee’s safety and health.

Under this knowledge sharing platform established by Apollo Hospitals and SAIL, it will constantly update SAIL medical fraternity, the first such session was unveiled in presence of presence of Mr Anil Kumar Chaudhary Chairman of SAIL along with Mr P Shivakumar Managing Director of Indarprastha Apollo Hospitals New Delhi. In this session doctors across key units of SAIL interacted with Apollo Hospital’s Delhi team. Apollo Hospitals will also be helping SAIL on developing protocols for safety & treatments during the next few months, for safety of its workforce.

Source : Strategic Research Institute

voda 11 juni 2020 17:02

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US Steel Restarts Mon Valley Blast Furnace 1

Argus reported that US Steel has restarted its idled 1.5 million short ton No 1 blast furnace at Mon Valley south of Pittsburgh. The blast furnace was brought online last week to meet increased demand after being shut down due to Covid-19-related demand shocks, US Steel said today. It is the first blast furnace to be restarted since nearly 18mn st/yr of blast furnace-based steel production was taken offline beginning in March.

Mon Valley's smaller 1 No 3 blast furnace has remained online.

The No 1 blast furnace was idled on 30 April along with the No 6 blast furnace at US Steel's Gary Works in northern Indiana. The Pittsburgh-based company idled five of its eight US blast furnaces in response to Covid-19-related demand shocks.

Source : Strategic Research Institute

voda 11 juni 2020 17:02

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AK Steel to restart Dearborn Mill in July

Argus reported that AK Steel is planning to restart the blast furnace at its flat-rolled steel mill in Dearborn in Michigan, in July to meet rising automotive demand. The company told customers that it intends to restart its melt operations in the first half of July. The 2.2 million short ton Dearborn mill provides steel primarily to the automotive industry.

Instead of making hot-rolled coils on site, Dearborn's melt shop will produce slabs that will instead be sent to Cleveland-Cliff's Middletown Works north of Cincinnati for rolling.

Argus
www.argusmedia.com/en/news/2112793-ak...

Source : Strategic Research Institute

voda 11 juni 2020 17:03

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Lion Industries Sells Stakein Antara Steel HBI Plant to Esteel

The Star reported that Lion Industries Corporation Bhd and 99% owned Amsteel Mills Sdn Bhd are selling their stake in Antara Steel Mills Sdn Bhd hot-briquetted iron (plant and business in Labuan to Singapore's Esteel Enterprise Pte Ltd for USD 128 million. The stake comprised of 218 million shares and 30 million redeemable preference shares in Antara.It added the proposed disposal would hinge on Antara's restructuring exercise prior to the completion of the proposed disposal which would enable Esteel to use, maintain and/or operate the existing manufacturing facilities and business in Labuan.

However, the assets and liabilities that are not related to the specified assets were mainly the long steel plant located in Pasir Gudang, Johor that produces billets which are rolled into steel bars and light sections such as angle bars, flat bars and U-channels.

Esteel's principal activity is investment holding and its subsidiaries namely BRC Asia Limited is involved in prefabricated steel reinforcement steel products for use in concrete, trading of rebars and manufacturing and sale of wire mesh fences.

Source : Strategic Research Institute

voda 13 juni 2020 15:56

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ArcelorMittal, Nucor increase plate prices by $40/st
Published date: 12 June 2020

Share:
US steelmakers ArcelorMittal and Nucor have increased steel plate prices by $40/short ton (st), the second price increase in the last month.

Both companies have increased prices by $80/st since 19 May, when ArcelorMittal, Nucor and SSAB announced the first $40/st price increases.

Market participants expect SSAB to follow later today. Few believe the price increase will stick given low demand in the market.

Spot prices for plate were heard at $580/st delivered for the week ending 9 June.

In a sign of the state of the steel plate market, heavy equipment manufacturer Caterpillar, a major plate consumer, said its May sales in North America were down by 36pc year-over-year, a higher rate of decline compared to the 27pc decrease in April and 20pc decrease in March.

Sales in Caterpillar's resource industries division in North America were down by 39pc in May, fell by 30pc in April, and were down by 26pc in March. Sales of construction equipment in North America were down by 35pc in May, by 26pc in April, and fell by 18pc March.

By Rye Druzin

www.argusmedia.com/en/news/2113979-ar...

voda 15 juni 2020 08:16

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'Lidstaten EU akkoord met vernieuwde staalquota'

Gepubliceerd op 15 juni 2020 08:01 | Views: 390

ArcelorMittal 12 jun
9,53 0,00 (0,00%)

BRUSSEL (AFN) - De lidstaten van de Europese Unie zijn naar verluidt akkoord met de aanpassingen van de importquota van staal om het dumpen op de Europese markt tegen te gaan. Deze worden per 1 juli gewijzigd. Dat meldden bronnen aan persbureau Bloomberg.

Een eerder voorstel van de Europese Commissie werd eerder door staalproducenten in de EU als onvoldoende bestempeld in het licht ook van de problemen als gevolg van de coronacrisis. Op het oude plan zijn nu op het laatste moment wijzigingen aangebracht.

Regeringen van acht EU-landen waaronder Duitsland, Italië, Spanje en Polen zouden daar bij het Europese handelshoofd Phil Hogan op hebben aangedrongen. De last-minute wijzigingen zouden naar verluidt gaan over de zogeheten restquota.

voda 15 juni 2020 17:04

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ArcelorMittal South Africa Settles Emissions Violation

South African media reported that ArcelorMittal has agreed to pay a ZAR 3.64 million fine to settle a dispute with the department of environment, forestry and fisheries. ArcelorMittal SA said the matter was concluded, when a plea agreement between the prosecution and the company was accepted by the court. The agreement related to a charge of exceeding hydrogen sulphide (H2S) minimum emissions standards at its coke-making plant from January 1 2016 to December 31 2016.

The settlement follows just a year after charges were brought against the company by the department for violations of its atmospheric emissions licence at its Vanderbijlpark operations.

Source : Strategic Research Institute

voda 15 juni 2020 17:05

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COVID19 Surfaces at JSW Steel Plant in Bellary

Economic Times reported that JSW Steel has asked 11,000 employees out of a 20,000-strong workforce at its main steel plant in Bellary in Karnataka to work from home after 106 employees tested positive for Covid recently. A total of about 400 employees have been kept in quarantine while their family members and neighbors are in containment after it was found that a Covid positive employee had come in primary and secondary contact with 500 of his fellow employees. Following this, JSW Steel mobilised the administration and got all the 500 employees tested within a day. Out of them, 106 employees tested positive.

JSW Steel deputy MD Dr Vinod Nowal told ET “Barring five, the rest of the employees have shown no sign of the infection. We wanted to break the chain of transmission. Hence, we took all precautionary measures to contain the spread. Hence, only those employees whose presence at the plant is necessary have been asked to report for duty. The remaining employees, including non essentially staff, have all been asked to work from home for the next five days, However, the plant is operating at full capacity and there has been no impact of the developments on production at the shopfloor."

Output at JSW Steel climbed to a touching distance of the pre-Covid levels in May, although exports underpinned a significant proportion of the production and helped offset domestic demand at its earliest stage of revival. At 1.248 million tonnes: capacity utilisation climbed to 83% in May from the low of 38% in April.

Source : Strategic Research Institute

voda 15 juni 2020 17:05

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AMNS India to Increase Iron Ore Pellet Capacity in Odisha

ArcelorMittal & Nippon Steel said that they will invest around INR 2,000 crore in the first phase in Odisha. The company has decided to ramp up the capacity of the pellet plant at Paradip from 6 million tonne per annum to 12 million tonne per annum and benefication facility at Dabuna in Keonjhar from 5 million tonne per annum to 16 million tonne per annum.

Odisha Chief Minister Mr Naveen Patnaik held discussion with ArcelorMittal Group Chairman Mr Lakshmi Mittal on investment in the state via video conferencing. The Chief Minister advised the steel tycoon to add value to the mineral resources procured from Odisha in the state itself for creation of more employment opportunities.

Source : Strategic Research Institute

voda 15 juni 2020 17:06

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More Strikes Likely at Tata Steel Ijmuiden Plant

Financial Times reported that Tata Steel is braced for fresh strikes at its large Dutch plant in protest against planned job cuts, laying bare tensions as the industry reels from the impact of coronavirus. Labour union officials have called for further walkouts at IJmuiden complex that employs 9,000 people, following the first strike on the site in 28 years last week. FNV union director Roel Berghuis said “It was a heavy decision but it was a necessary decision. This strike we must win.”

Among the demands are a guarantee of no compulsory7 redundancies, a ban on outsourcing and a promise not to sell off any of the Dutch activities.

Long before the economic shock from Covid-19, Tata Steel Europe outlined a deep cost-cutting programme late last year in response to a market downturn. The business includes a UK operation centred on the Port Talbot works in south Wales.

Source : Strategic Research Institute

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