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Myanmar Short Lists 5 Firms to Restart Steel Plant in Myingyan

MM Times reported that Myanmar’s Ministry of Planning, Finance and Industry has shortlisted five companies to apply to form a joint venture with state-owned steel plant in Myingyan. The ministry intends to restart the steel plant with the help of the private sector. The companies selected to participate in the tender are Sinosteel Equipment & Engineering Co Ltd, Go Excellent Myanmar Co Ltd, Milicon Thiha Co Ltd, Direct Investment Ltd and IMR Resources India Private Ltd.

The ministry began seeking expressions of interest from both domestic and foreign investors interested in participating in the recommissioning of the Myingyan steel plant in January.

The steel mill, located near Sar Khar village, Myingyan Township in Mandalay Region, is reported to have a production capacity of 1.8 million tonnes a year. Due to mounting losses, the plant was temporarily suspended by the government.

Source : Strategic Research Institute
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ArcelorMittal to Restart No2 BF at Tubarão in Brazil

ArcelorMittal Brasil will restart activities of the No 2 blast furnace at its Tubarão mill, in the Brazilian south-eastern state of Espírito Santo, on July 26, after more than a year of downtime. Production from the No 2 BF is solely export-oriented and the decision to reignite it was taken after a demand recovery in external markets. The BF has capacity to produce 1.2 million tonnes per year of hot metal and the company expects a production ramp-up to take around 30 days

The No 2 BF was halted in late June 2019 for revamp work, due to last for 70 days,- however, ArcelorMittal decided to keep it idle until the end of 2019 due to tough external market conditions, with plans only to return after a significant market recovery.

The company’s No 3 Tubarao blast furnace, which was halted in April this year due to Covid-19, will remain idled until there is an‘improvement in steel demand for both the domestic and foreign markets

ArcelorMittal Brazil said the No 1 Tubarao blast furnace remains operating. It has a 3.5 million tonnes per year capacity.

The company’s Tubarao mill has a 7.5 million tonnes per year year installed capacity. It produces HRC, among other products.

Source : Strategic Research Institute
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MMK Improves Production Process Scheduling

Magnitogorsk Iron and Steel Works continues to implement the Just-in-time logistics concept, one of the key elements of MMK Group's Development Strategy up to 2025. An important milestone in the implementation of the strategic Just-in-time logistics concept was the development and implementation of an automated operational scheduling system in cooperation with ITC Ausferr. Thanks to the introduction of the automated operational scheduling system, it is now possible to calculate the shipment date at the time of accepting an order which is useful on both sides of the process. It is also possible to schedule the production and shipment of the order for the client and production personnel and to create a client portal, where the client can see all the relevant information and track the progress of their order through the plant online. With the introduction of the automated operational scheduling system, the delivery window, the period during which the order must be fulfilled, has been reduced. Thus, the plant is closer to the implementation of the Just-in-time logistics concept, which is fully coordinated with the Company's production work allowing it to produce and deliver any product to clients in a predetermined time, as well as to save money by reducing variable costs and warehouse maintenance.

MMK is also currently implementing a set of methodological, organisational and technical measures to achieve a set level of KPI for planning, managing production and shipping steel products. Projects for further development of the mobile sales assistant are under development.

The target of delivering 70% of orders to the client within three days of the given "delivery window" was reached and even exceeded. In June 2020, the average figure across MMK was 72%. At the same time, a number of key divisions showed even higher results (90% at long product shop and 80% at sheet rolling shop No. 5).

Source : Strategic Research Institute
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US Steel Imports in June Shrinks 12% YoY

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of June totaled 2,003,000 net tons. This was a 12.3% decrease from the 2,285,000 permit tons recorded in May and a 10.9% increase from the May final imports total of 1,806,000. Import permit tonnage for finished steel in June was 1,415,000, down 5.7% from the final imports total of 1,500,000 net tons in May. For the first six months of 2020 (including June SIMA permits and May final imports), total and finished steel imports were 12,999,000 net tons and 8,737,000 net tons, down 16.9% and 25.3%, respectively, from the same period in 2019. The estimated finished steel import market share in June was 21% and is 19% year-to-date (YTD).

Finished steel imports with large increases in June permits vs. the May final imports included light shapes bars (up 77%), sheets and strip hot dipped galvanized (up 68%), cold finished bars (up 55%), line pipe (up 39%) and structural pipe and tubing (up 19%). Products with significant year-to date (YTD) increases vs. the same period in 2019 include light shapes bars (up 25%) and tin free steel (up 20%).

In June, the largest finished steel import permit applications for offshore countries were for South Korea (211,000 NT, down 8% from May final), Brazil (86,000 NT, up 66%), Taiwan (72,000 NT, down 13%), Germany (72,000 NT, up 11%) and Japan (57,000 NT, down 44%). Through the first six months of 2020, the largest offshore suppliers were South Korea (1,148,000 NT, down 21% from the same period last year), Japan (430,000 NT, down 41%) and Germany (369,000 NT, down 40%).

Source : Strategic Research Institute
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USITC Extends CVD on Imports of OCTG from India, Korea, Turkey, Ukraine & Vietnam

The US International Trade Commission has determined that revoking the existing countervailing duty orders on imports of oil country tubular goods from India and Turkey and the existing antidumping duty orders on imports of these products from India, Korea, Turkey, Ukraine, and Vietnam, would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. As a result of the Commission’s affirmative determinations, the existing orders on imports of these products from India, Korea, Turkey, Ukraine, and Vietnam will remain in place.

Today’s action comes under the five-year sunset review process required by the Uruguay Round Agreements Act. The revew was instituted on June 3, 2019. On September 6, 2019, the Commission voted to conduct full reviews.

Source : Strategic Research Institute
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Emirates Building Systems to Supply 2000 Tonnes of Steel for Car Park of Dubai Municipality

Dubai Investments wholly-owned subsidiary Emirates Building Systems has won a contract to provide 2000 tonnes of steel for the Dubai Municipality’s upcoming prosecution building and car-park in Umm Hurair in Dubai. As per the agreement with the main contractor, the scope of the project covers engineering, fabrication and erection of steel structures in addition to fireproofing. The main building scope for EBS covers deck slabs - first and second podium levels, mezzanine, anf fifth floors and the roof, including the roof for the theatre area, left and right sides roof canopies. The deck slabs - first and second podium levels, and mezzanine level including staircases, steel bridges and sandwich panel roofing, covers the scope of the parking building of the project.

Designed in a modern and distinctive style to be an architectural icon overlooking the banks of Dubai Creek, the project, with a built-up area of 53,000 square meters, comprises ground plus two floors of parking, a mezzanine and five floors with a roof forming the main building structure and an extended car parking building with ground, two floors and a roof floor.

Source : Strategic Research Institute
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Stupp Corporation Orders SMS Group to Supply Fourth Submerged Arc Re-Welding Facility for Pipe Production

Stupp Corporation has awarded SMS group the contract to extend the spiral pipe mill at its site in Baton Rouge in Louisiana in the United States. The contract consists of two projects: a partial revamp of the spiral pipe machine to increase pipe production capacity, and a new submerged arc re-welding stand to complement the existing three welding stands. The plant’s modifications will go into operation end of 2020.

Stupp purchased a spiral pipe mill from PWS GmbH, now a wholly owned subsidiary of SMS group, back in August 2007. A total of three SMS group orthogonal-type final welding stands were installed at that time. The mill started production in 2009 and manufactures spiral pipes for oil and gas pipelines within the 24 to 60 inch diameter range and a maximum pipe length of up to 24.4 meters. These are produced in a two-stage process: the first stage is where the spiral pipes are formed and continuously tack-welded in the spiral pipe machine. In the second stage, the pipes are finish-welded on separate final welding stands using the submerged arc welding technique.

To increase pipe mill production at a later date, SMS group made provisions in the original mill plans to include space for the subsequent installation of a fourth submerged arc final welding stand. The foundations for this additional welding stand were already cast when the foundations for the three welding stands, which went into service 2009, were being built. After reviewing the market outlook for the years ahead, Stupp Corporation has decided to have the fourth final welding stand installed as part of an upgrade by SMS group.

In parallel, the spiral pipe machine will be upgraded with a new de-coiler station that allows for higher strip feeding speeds and is equipped with a programmable braking system. This allows the required strip tension to be maintained between the de-coiler station and flattening device, so that the coil cannot unwind in an uncontrolled manner. The braking system thereby prevents surface damage on the strip surface typically caused when coils unwind violently, particularly with high-strength material grades, which are increasingly specified nowadays for oil and gas line-pipes.

After years of production using the SMS group orthogonal-type stands, Stupp Corporation has selected the helical-drive system, after close consultation with SMS. In addition to boosting welding capacity, the new stand will also be compared with the three existing stands in terms of performance: in the helical-drive system, the pipe is transported by a helical-drive type with sets of driven rollers, which can be pivoted, and not by means of the double cardan rollers as used in the orthogonal-type stands. The angle of the helical-drive rollers can be changed at the touch of a button from the operator station in order to rotate a pipe in place, or, to convey it longitudinally or helically.

As a key benefit, the helical-drive system is that the pipes move more uniformly on the helical drive conveyor, according to the combined experience of SMS engineering and SMS customers already operating that system. This in turn has a direct and positive effect on the quality and uniformity of the weld seam. For Stupp, this means that the welding defect rate can be reduced and that the weld seam geometry is kept as constant as possible.

The highly automated final welding stand is equipped with the latest control and drive systems and components. The automation systems feature drives and sensors that use network technology throughout, thus allowing all machine parameters to be accessed and recorded. Data analytics are available to help monitor the quality of the pipes and supply the machine's production parameters in order to enable the specific optimization of production processes and cycle times, as well as to forecast maintenance intervals for equipment units.

What's more, the new final welding stand can boost production by up to 25 percent, depending on the pipe size. As a result, Stupp can increase its existing annual capacity by 40,000 to 60,000 tons. In addition, the new final welding stand can be employed to compensate for downtime and associated maintenance work or outages in the other existing stands.

Source : Strategic Research Institute
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Tata Steel Reports 37% Dip in Steel Production in India in Apr-Jun Quarter

Tata Steel announced that “Overall 1QFY21 production and sales volumes were lower as the outbreak of COVID-19 and ensuing mobility restrictions severally impacted industrial activity and consumer sentiment across all geographies. In India, capacity utilization of our upstream facilities was adjusted to about 50% level in April while our downstream units were closed. With the phased opening of the economy, utilization levels have been ramped up gradually to around 80% level by end of June. Downstream facilities have also been restarted and are being ramped up progressively. To counter the closure of the Indian markets in April and May, exports were ramped up significantly by tapping new markets and improving the supply chain capability and will constitute around 50% of total sales volume in 1QFY21. While April and May sales were lower, sales improved significantly in June as economic activity resumed in India. With the continued opening of the economy and the improvement in domestic demand, the proportion of domestic sales will increase from 2Q.”

It said “While urban markets are showing slow recovery, retail sales, especially in rural markets, are seeing an improvement in demand. During this quarter, we launched two new Coated Brands GalvaRoS and Colornova to meet the evolving needs of our customers. We initiated supplies to National Capital Region Transport Corporation Project, a landmark project. We have also received approval for API X60 & X70 grades for supplies to Oil & Gas segment.”

Tata Steel added “While Europe did not impose a complete lockdown, the weak macroeconomic situation was further impacted by the COVID-19 outbreak. In line with this environment, our production levels in Europe were ramped down to around 70% utilization. Key steel consuming sectors such as automotive and construction sector continue to be under pressure though the demand for packaging material has been robust.”

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Source : Strategic Research Institute
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EUROFER Calls for intensification of Global Forum on Steel Excess Capacity

With the Global Forum on Steel Excess Capacity having been reactivated, the European Steel Association has called for an intensification of its ongoing work. The GFSEC is a key forum to establish the transparency necessary to map global overcapacity, a pre-condition to facilitate capacity reductions globally. EUROFER Director General Axel Eggert said “The EU steel industry had already reduced its steel capacity by over 22 million tonnes during the past ten years while at the same time other regions continued to install new, export-oriented capacity that the world simply does not need. EUROFER had therefore, been calling for the government-led Global Forum to be extended, as its mandate had come close to expiring. The vast majority of participating countries agreed and had also asked for it to be relaunched. We are glad that the work of the GFSEC is to continue.”

At the Global Forum’s stakeholder consultation on 7 July, representatives of the worldwide steel industry explained to governments the impact of the COVID-19 on steel sectors and formulated clear recommendations to intensify the ongoing work of the Global Forum. The formal GFSEC meeting between members is taking place on 8-9 July 2020.

Both developed and developing economies are experiencing severe demand depressions ranging between 10 to 11% as a result of the pandemic. The crisis has caused the sharpest drop in steel demand since the global financial crisis. The expected global fall in steel demand is 6% for the year, with sharp drops during the ‘lockdown’ being contrasted with a more tentative recovery.

The Global Forum on Steel Excess Capacity was formally established on 16 December 2016 in Berlin. The Global Forum brings together G20 members and interested OECD members, that represented around 90% of global steel production and capacity until China stepped out of the Forum at the end of 2019. China represents over 50% of the globe’s steel capacity and production. The Global Forum meeting was on 8-9 July 2020, with steel stakeholders meeting earlier this week, on 7 July.

Source : Strategic Research Institute
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United Steelworkers Suports Joe Biden's Plan for Manufacturing & Innovation

United Steelworkers International President Tom Conway, in response to the manufacturing and innovation segment of Joe Biden's Build Back Better economic plan, said "Recovering from the Covid-19 crisis and ensuring shared prosperity for generations to come will take bold action and a sustained commitment. Joe Biden's plan for revitalizing American manufacturing demonstrates both. As the pandemic made clear, our country must be able to supply its own needs. And now, more than ever, we urgently need to create good, family-sustaining jobs, both to stop the economic freefall and reverse decades of rampant economic inequality. Biden will jump-start American manufacturing through a long-needed investment in our nation's crumbling infrastructure. Coupled with strong 'Buy American' provisions that ensure tax money supports domestic industry, this rebuilding campaign will make our country more secure and create millions of jobs.”

He added "His plan also includes a massive procurement commitment as well as a roadmap for bringing critical supply chains back to the United States. These provisions will put our country on stronger economic footing and bolster our national security. Just as crucially, Biden's plan acknowledges the necessity of strong labor protections that enable workers to bargain collectively for higher wages and better benefits. By supporting the PRO Act, Biden will ensure that the jobs created through his economic plan are middle-class jobs that enable workers to live the American dream.”

He concluded "Our nation needs a leader who understands the necessity of a strong manufacturing base; from medicines to steel to clean energy technology, our country must produce things here and pay workers competitive wages to make them. Joe Biden's plan demonstrates that he not only grasps the strategic importance of domestic manufacturing but also values American workers."

Source : Strategic Research Institute
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NCLT Allows Fresh Auction for SBQ Steels

The Hindu reported that the National Company Law Tribunal Chennai has allowed conduct of a fresh auction for sale of SBQ Steels, which is under liquidation, after bidders in the previous auction said they are not keen due to the COVID-19 crisis, the economic stress and the market conditions. Ashish Arjunkumar Rathi, who has been appointed as liquidator, had so far called for three e-auctions for sale. In his petition, he said that the bidders in the third auction were not keen as market conditions have changed. NCLT cancelled the third e-auction and allowed the liquidator to call for a fresh auction. The liquidator has said that the fresh auction would be held on July 21. Also the reserve price for the auction is fixed at INR 218.70 crore, 10% lower than INR 243 crore fixed in the third auction.

In 2017, the insolvency proceedings were admitted against the company in a case filed by Union Bank of India, one of its lenders. In 2019, NCLT had ordered liquidation of the company, since no revival plan was approved by committee of lenders.

SBQ Steels, flagship of Chennai-based RKKR Group, had admitted claims of about INR 4,266.67 crore from secured financial creditors including Edelweiss Asset Reconstruction Company Limited, Bank of Baroda and Union Bank of India. The admitted claims of unsecured financial creditors were about INR 80.24 crore. It also has claims from vendors and other stakeholders. The company has an integrated steel plant in Nellore, Andhra Pradesh district.

Source : Strategic Research Institute
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Severstal Izhora Pipe Plant to supply Gazprom with 320KT Pipes

Severstal’s Izhora Pipe Plant has become one of the winners of the competitive selection for the supply of large diameter pipes with external anti-corrosion coating for PJSC Gazprom. The plant will deliver 320,000 tonnes.

The company will manufacture and supply pipes with a diameter of 1220 to 1420 mm with different wall thicknesses from steel of strength class K60 and K65. Rolled metal products for pipes will be produced at Severstal Mill 5000, located in the Kolpinsky district of St. Petersburg at the same industrial site as the Izhora Pipe Plant.

Source : Strategic Research Institute
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Worker Unions Call on Government to use UK Steel in Covid-19 Recovery Infrastructure Projects

Britain’s three steel unions, Unite, GMB and Community have launched a joint campaign for the future of the steel industry in the UK. Through the Britain, We Need Our Steel campaign, the unions are calling for the infrastructure and investment programme announced by Boris Johnson to aid the country’s economic recovery from coronavirus to use steel produced in Britain to support the industry. Unite assistant general secretary Steve Turner said: “The UK steel industry is central to any post Covid-19 recovery and rebuild strategy, supporting new infrastructure build from hospitals and schools to rail and energy generation. It is ready to provide the steel to renew our naval fleet and transition our auto industry to electric vehicles. UK steel is playing its part in global efforts to green our economy, capturing its emissions and investing in shared technologies to protect the long-term security of our planet. Today we come together as an industry with one voice to celebrate its contribution to supporting the UK economy as well as thousands of jobs and communities across our regions. Please join us by supporting our campaign to see UK steel and our wider manufacturing sector centre stage in an industrial strategy to build back better.”

Community general secretary Roy Rickhuss said: “If the government’s plans to build, build, build are to successfully revive our economy and secure jobs in the UK then they must use Britain’s steel. With so much at stake as we begin to look beyond this crisis, it’s important that as a country we get this right. Our message is simple ‘Britain, we need our steel’. That means taking every opportunity to use British products, made by businesses in Britain, and the workers on our shores. Government and employers must work together to create a plan that both uses Britain’s steel and invests in our industry and our people. If they do it is not just our steelworkers and steel communities that will reap the rewards but the entire country. Our world class steelworkers have already been doing their bit to get our country through the worst of this crisis, going to work to produce the steel our NHS needs for hospital beds and the packaging to ensure our shelves continue to be stocked with food. They are ready to serve again, to produce the millions of tonnes of steel we will need to recover from this crisis.”

Ross Murdoch, GMB National Officer for Steel, said: “The UK steel trade unions have welcomed the Job Retention Scheme support from the government that secured steel businesses and employees, also the subsequent stimulus support to drive the next phase of recovery from the Covid-19 pandemic. “As we move beyond Covid-19 and with real concern over a looming Brexit crisis, GMB, along with our sister steel trade unions, are calling on the UK government to ensure the highest priority is given to our steel industry as a key driver in making a significant contribution to the UK’s economic recovery. Steel is a foundation industry that serves and supplies so many other key industries including infrastructure projects, automotive, engineering and construction, the renewables industry and shipbuilding to name some. Ensuring a UK steel content to these industries combined with a UK integrated manufacturing strategy will bring real prosperity to steel and other manufacturing communities and start the rebuilding process of our UK economy.”

UK Steel Enterprise managing director, Simon Hamilton, said: “With steel at the heart of what makes this country great, UKSE wholeheartedly support this important campaign. Britain, we need our steel!”

Source : Strategic Research Institute
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Moody's Confirms JSW's Ba2 Ratings; Outlook Negative

Moody's Investors Service has confirmed JSW Steel Limited's Ba2 corporate family rating and Ba2 senior unsecured debt rating. The outlook has been changed to negative from ratings under review. Moody's Vice President and Senior Credit Officer Kaustubh Chaubal said "The rating confirmation recognizes that while JSW's credit profile will deteriorate reflecting the challenges brought by the pandemic, we believe that the company's financial metrics will likely recover to levels commensurate with the current ratings by the fiscal year ending March 2023. However, JSW's leverage and coverage will remain weak until that time, and the negative outlook indicates the risk of a downgrade if the steel industry does not recover as we currently expect or if there is a slower-than-anticipated recovery in the company's financial metrics."

Moody's expects JSW's leverage, as measured by adjusted debt/adjusted EBITDA, will increase to an estimated 6.4x by the end of fiscal 2021, up from 6.0x a year earlier, and stay in breach of the 4.5x downgrade trigger for the company's Ba2 CFR. However, JSW should be able to restore its metrics to appropriate levels by fiscal 2023, considering its relatively strong business profile, brand strength and technological capabilities, which will help the company sustain above-average profitability.

While the deterioration in demand caused by the pandemic will cause JSW's EBIT margin to decline to single digits for the first time in 14 years, the company's profitability at 8% will still be at the higher end of its Ba rating range

Moody's expects steel consumption in India (Baa3 negative), JSW's key operating market, to contract by at least 15% through fiscal 2021 because of weak automotive and manufacturing demand, even as infrastructure investments rise. India's economic growth will also remain materially lower than in the past with real GDP shrinking 3.0%.

A contracting steel market in India will hurt JSW, but this is partially mitigated by the company's market position and brand strength. Moody's further expects JSW will deploy any steel surpluses towards exports. The company's export shipments surged in Q1 of fiscal 2021 when domestic demand was soft. Key export destinations included South East Asia, Southern Europe, the Middle East and China.

The confirmation of the ratings also reflects JSW's inherently strong operating profile, with credit metrics supportive of a higher rating prior to the pandemic. The outlook on the company's ratings was positive until March 2020, when it was changed to stable in anticipation of a slow recovery in credit metrics.

The rapid and widening spread of the coronavirus outbreak, deteriorating global economic outlook, falling oil prices and asset price declines are creating a severe and extensive credit shock across many sectors, regions and markets. The combined credit effects of these developments are unprecedented. The steel sector has been one of the sectors most significantly affected by the shock, given its sensitivity to consumer demand and sentiment.

More specifically, the weaknesses in JSW's credit profile, including its exposure to steel demand for manufacturing and volatile material costs, have left it vulnerable to shifts in market sentiment in the current unprecedented operating conditions, and it remains vulnerable to further disruptions caused by the ongoing pandemic.

Moody's regards the coronavirus outbreak as a social risk under its environmental, social and governance (ESG) framework, given the substantial implications for public health and safety. Today's action reflects the impact of the breadth and severity of the shock on JSW, and the broad deterioration in credit quality it has triggered.

JSW's Ba2 CFR continues to reflect the company's large scale and strong position in its key markets; competitive conversion costs, resulting from its efficient operations and use of the latest furnace technology; and good product and end-market diversification, with an increasing focus on value-added products and retail sales.

The negative outlook reflects Moody's view that tougher economic conditions in JSW's key markets will likely stay for an extended period and that there are significant downside risks from the pandemic, which could cause a delay in the company's recovery. The outlook also incorporates Moody's expectation that JSW's credit profile will remain weak for a prolonged period, with no meaningful recovery anticipated at least over the next 18-24 months.

Source : Strategic Research Institute
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Tata Steel BSL Reports 41% Dip in Steel Production in Apr-Jun Quarter

Tata Steel BSL said that production and Sales were impacted in 1QFY21 as the outbreak of COVID-19 and ensuing mobility restrictions severally impacted industrial activity and consumer sentiment. This affected Crude Steel Production and sales during the quarter. Tata Steel BSL started ramping up its steel making operation at Angul in the 2nd half of June 2020. Downstream facilities are also being ramped up progressively on the back of improvement in market demand and higher capacity utilization. While April and May 2020 sales were lower, the company achieved the level of pre-COVID sales volumes in June 2020 with the phased opening of economic activity in India supported by ramp up of production, launch of branded products and higher exports sales.

Source : Strategic Research Institute
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Tenova Expands R&D Innovation through Participation in Canadian Manufacturing Supercluster

TeTransformation of Secondary Metallurgy Facility at ArcelorMittal Dofasco. This project is focused on ArcelorMittal Dofasco Secondary Metallurgy Facility that includes a ladle furnace, a degassing tank, their auxiliaries and transfer cars. The goal is to demonstrate how digitalization technologies can improve productionnova’s Canadian subsidiary Tenova Goodfellow Inc continues to push the envelope of R&D innovation through a collaborative new project entitled Digital by: minimizing manual intervention, reducing process variation and improving final steel properties. The new sensors will be based on an array of Tenova’s proprietary technologies, including two pioneering technologies not previously used in Ladle Furnace operations plus one optical technology never previously used in Vacuum Degassing. Tenova will adapt Tenova’s Advanced Sensor Technology for use on other oxygen and electric steelmaking furnaces.

In addition, Tenova will develop a technologically advanced sensing network capable of providing critical real-time process measurements that are currently not available.

At this first industrial installation, the proposed new sensing network will lead to extensive industrial benefits not previously possible such as: efficiency improvements, reduction of operating costs, increase of productivity and reduce operator exposure to the hazardous working environment.

The 3-year project involves a Consortium of leading Canadian companies with funding provided by NGen, which serves as Canada’s Supercluster for Advanced Manufacturing, managing 0 million in matching funds from the federal government to drive greater private sector investment in advanced manufacturing projects. NGen’s mission is to build world-leading advanced manufacturing capabilities in Canada through collaborative projects to achieve results that no single company could on its own. Working through multidisciplinary partnerships, NGen provides objective insight into advanced manufacturing decisions. NGen’s commitment to funding projects is predicated on the integration of new technologies that will lead to significant economic growth and job creation.

Source : Strategic Research Institute
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MN Coil Servicecenter Mills Steel Precision Blanks for the First Time

Back in 2012, MN Coil Servicecenter GmbH invented and patented a high-speed cutting process for aluminum blanks. Now the company has developed a process for milling steel precision blanks. With this innovation, MN Coil Servicecenter is striving to achieve new standards of quality, greater product safety, and cost and time savings as result of less scrap for steel as well. Eliminating the need for costly investments in stamping tools will be particularly beneficial to manufacturers of vehicles with annual production volumes of less than 100,000 units.

The innovative milling process has also successfully been tested on high-strength and ultra-high-strength cold-formed steel grades. As a result, the company will soon be able to provide its customers with steel precision blanks made from these important advanced materials with unprecedented cut quality. Like in aluminum, the steel blanks also benefit from a chip and scratch-free surface and an almost burr-free cutting edge. The results also indicate that the process reduces the tendency of the high-strength grades to be susceptible to edge cracking. This in turn will have a significant impact on the rest formability in the edge area, which has already been proven for aluminum.

The customers that worked with MN Coil’s team during the development process were supplied with an initial preproduction quantity of future side panels made of standard steel grades. MN Coil Servicecenter will provide updates on the new production process as further information becomes available.

Source : Strategic Research Institute
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New Danieli Automation HiProfile in operation at ArcelorMittal Sul Fluminense

Image Source: Danieli ArcelorMittal Sul Fluminense

A HiProfile gauge with four laser heads performing accurate profile measurement of large beams and channels up to 155 mm was recently installed and commissioned at ArcelorMittal Sul Fluminense plant, Barra Mansa, Brazil. Equipment connection, tuning and full cold tests were executed in just 8 hours. Danieli do Brazil technicians operated in remote mode, limiting the on-site presence to just one specialist, due to the current pandemic. The Final Acceptance Certificate was released straightaway. HiProfile allows the complete in-line dimensional control and surface-defect inspection of bars and sections during rolling. The system, featuring ultra-high-speed laser heads capable of acquiring several hundred profiles per second, allows real-time 3D representation of the bars, accurate dimensional control, and integrated surface-defect detection during rolling.

The benefits from the installation of this device are proven by the quality improvement of the final products, making HiProfile recognized as “an essential tool” by the most qualified long product producers.

Since 1992, Danieli Automation has pioneered the laser profile gauge technology and recorded more than 130 HiProfile installations worldwide.

Source : Strategic Research Institute
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Steel Shipments in US in May Down 33% YoY

The American Iron and Steel Institute reported that for the month of May 2020, U.S. steel mills shipped 5,461,851 net tons, a 2.9 percent decrease from the 5,623,229 net tons shipped in the previous month, April 2020, and a 32.9 percent decrease from the 8,142,270 net tons shipped in May 2019. Shipments year-to-date in 2020 are 35,194,683 net tons, a 13.1 percent decrease vs. 2019 shipments of 40,504,746 for five months.

A comparison of May shipments to the previous month of April shows the following changes: hot dipped galvanized sheet and strip, down 3 percent, hot rolled sheet, down 4 percent and cold rolled sheet, down 6 percent.

Source : Strategic Research Institute
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Severstal Increases Stake in Joint Venture with Linde

PAO Severstal announced the closure of a deal to increase its stake in a joint venture with German Linde GmbH for the production of spiral-wound heat exchangers for use in medium and large-capacity LNG and natural gas processing plants. Following the close of the transaction, Severstal will control a 50% stake in the joint venture. The company was established in June 2017 as part of the localization of production of SVTO in Russia. As previously reported, in July 2019, Severstal signed an agreement to purchase a 26% stake in the joint venture with Linde.

The company's increase in its share in the joint venture is fully consistent with one of the key priorities of Severstal's updated strategy - providing an excellent customer experience by providing high-tech customized solutions to the energy industry.

Source : Strategic Research Institute
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