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voda 14 december 2021 07:54

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Digital Tools Improve Efficiency of Galvanizing Line of Severstal

Strategic Research Institute
Published on :
14 Dec, 2021, 5:07 am

Russian steel giant Severstal is increasing the efficiency of galvanized steel production at the Cherepovets Steel Works through automation and digitalization tools. One of the tools developed is the heatmap, which controls the mass of zinc applied to the strip. Special measuring instruments are built into the line coating thickness gauges, which project deviations from the established coating parameters onto a heat map. The system online corrects the technological parameters and adjusts the equipment so as to exclude deviations in the thickness of the coating on the strip. In the course of implementing the solution, the specialists of Cherepovets Steel Works automated the process of leveling the coating on the sides of the rolled steel. Previously, coverage was adjusted manually.

Also, on the continuous hot aluminizing line, a system of certification of rolled products was introduced in the production stream using a coating thickness gauge.

The program also includes investment activities. For example, the introduction of a magnetic stabilizer at the continuous hot-dip galvanizing unit No 4. The innovative equipment is installed on the coating unit, stabilizes and levels the strip, reducing the thickness variation of the applied coating to 50%, and zinc consumption to 1%.

The most important investment project was the installation of robotic systems for harvesting harzinc. First of all, this increases the safety of production by eliminating the hazardous factor and manual labor. In addition, the installation of robots makes it possible to reduce the consumption of zinc per ton of usable products, which gives an additional economic effect.

voda 14 december 2021 07:55

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Ural Steel Improving Quality of Billets for Railway Wheels

Strategic Research Institute
Published on :
14 Dec, 2021, 5:10 am

Russia's largest manufacturer of railway wheels for all types of rolling stock United Metallurgical Company OMK and Metalloinvest has agreed that together with TsNIIchermet im. I.P. Bardin will carry out a complex of scientific research works to improve the quality of billets and railway wheels. The parties discussed this during the next meeting of the Coordination Council.

OMK is interested in meeting high requirements for the quality of its products, mastering new promising types of wheels, in particular, for high-speed and high-speed traffic. For this, it is necessary to have a guaranteed high quality of the continuously cast billet, including in terms of ensuring a uniform distribution of the content of chemical elements both over the section and along the length of the billet.

Ural Steel annually ships more than 400,000 tonnes of continuous cast round billets to the Vyksa plant of OMK within the framework of a 10-year contract signed in 2017. The plant is constantly working on the development of production technologies.

Bijlage:

voda 14 december 2021 07:55

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Thailand Imposes AD Duty on HRC Import from Egypt & Vietnam

Strategic Research Institute
Published on :
14 Dec, 2021, 5:12 am

Thailand has imposed antidumping duties ranging from 4.74% to 42.34% on hot-rolled steel coils and plates originating from Egypt and Vietnam for five years, effective December 1, 2021. A tariff of 24.38% of the CIF price was imposed on Vietnam's Formosa Ha Tinh Steel Corp, while other Vietnamese companies were hit with 42.34%. Egypt's Al Ezz Dekheila Steel Co was slapped with a 4.74% tariff, while all other Egyptian companies got 6.20%. The tariffs are due to expire on November 30, 2026.

Thai Department of Foreign Trade said that combined imports from the two countries rose "significantly" from 17,257 tonnes in 2018 to 115,737 tonnes in 2019, a near sevenfold spike. Of the 115,737 tonnes, 79,017 tonnes came from Vietnam, while 36,720 tonnes from Egypt. The former was a sharp surge from 453 tonnes in 2018, while the latter was more than double from 16,804 tonnes over the same period. Given the sharp increases, the two countries' share of overall imports in 2019 rose to 14.5% from 3.5% in 2018.

The tariffs cover HRC and HR plate products in the HS item code directory, falling under headings 7208, 7211, 7225 and 7226, and cover products with thicknesses of 0.9 mm to 100 mm and widths of 100 mm to 3,200 mm.

voda 14 december 2021 08:00

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US Steel Production Capacity Utilization Stays at 82% in Week 49

Strategic Research Institute
Published on :
14 Dec, 2021, 5:14 am

AISI announced that in the week ending on December 11, 2021, US domestic raw steel production was 1,818,000 net tons while the capability utilization rate was 82.4 percent. Production was 1,612,000 net tons in the week ending December 11, 2020 while the capability utilization then was 72.9 percent. The current week production represents a 12.8 percent increase from the same period in the previous year. Production for the week ending December 11, 2021 is up 0.6 percent from the previous week ending December 4, 2021 when production was 1,807,000 net tons and the rate of capability utilization was 81.9 percent.

Adjusted year-to-date production through December 11, 2021 was 89,899,000 net tons, at a capability utilization rate of 81.6 percent. That is up 19.4 percent from the 75,281,000 net tons during the same period last year, when the capability utilization rate was 68.1 percent.

Broken down by districts, here’s production for the week ending December 11, 2021 in thousands of net tons

North East: 169

Great Lakes: 621

Midwest: 206

Southern: 744

Western: 78

Total: 1818

voda 14 december 2021 08:01

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Gasum to Supply Biogas to Tool Steel Maker Uddeholms in Sweden

Strategic Research Institute
Published on :
14 Dec, 2021, 5:17 am

The Nordic energy company Gasum will supply 250 tonnes of liquefied biogas to leading manufacturer of tool steel for industrial tools Uddeholms AB for their sustainability week in mid-December. The biogas will be delivered to Uddeholms’ plant in Hagfors in Sweden. The steel production in Hagfors has a large energy consumption. The energy comes from a mix of different sources such as liquefied natural gas, electricity and other sources. During Uddeholms sustainability week both the electricity and the gas will be switched to even more sustainable options. The LNG will be replaced with 250 tons LBG from Gasum, equaling approximately 3.8 GWh.

This is not the first time biogas has been used in the production of steel in Hagfors. During 2018 Gasum supplied biogas to the plant for one day as a sustainability pilot project. Now the company expands the pilot to a week of biogas with drastic reductions in carbon emissions. Uddeholms has lowered the CO2-emissions by 46% since 1990. Now they are ready for the next step starting by using LBG during their sustainability week. The use of biogas will reduce carbon dioxide emissions with up to 90 percent

Gasum operates 17 biogas plants in Sweden and Finland. Its goal is to reach cumulative carbon emission reductions of million tons by increasing its biogas production. By 2025 the energy company intends to make 4 TWh of biogas available on the market from the company’s own production and that of its certified European partners.

Biogas is a 100 percent renewable fuel that can be used in the same infrastructure as natural gas. Using it can reduce the fuel’s life cycle carbon dioxide emissions up to 90 percent when compared to conventional industry fuels such as oil or LPG. Biogas is produced from organic waste such as household bio waste, manure and agricultural and food industry’s side streams. The nutrient residues from biogas production are utilized as fertilizers in fields. Using the residue as fertilizer reduces the need to use conventional artificial fertilizer.

voda 14 december 2021 08:02

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Danieli to Supply Straighteners to GuangXi ChiJi Steel

Strategic Research Institute
Published on :
14 Dec, 2021, 5:19 am

The Chinese steelmaker contracted Danieli Service to supply two multi strand straighteners and pinch rolls, to be installed at its GuangXi ChiJi Steel plant in GuangXi Province in south of China. The selected Danieli machine will straighten beams and channels up to 320 mm, angles up to 150 mm and tees up to 120 mm. To be built at quality Danieli China workshops in Changshu, the straightening machines will guarantee stable product quality and long-life, requiring low maintenance and few spare parts.

Danieli straightening machines are characterized by unique design manufacturing characteristics, such as extremely high rigidity, good capacity to withstand axial loads, and no need of clearance recovery devices. As a matter of fact, the extremely high rigidity of the Danieli multi strand straighteners allows constant straightening along the layer, even where there are “holes” (rest ends and incomplete layers). This design characteristic makes the machines usable even by operators without specific experience, and consequently to reach fast learning curves.

Axial loads on the straightening rollers are a key design factor for straightening of asymmetric sections and large angles with slight differences in leg thickness (due to rolling), discharging forces onto the sturdy lateral frame.

Furthermore, clearance recovery devices are not needed on the vertical adjustment jacks for the bottom rolls, since the weight of “the roll + the chock” guarantees zero- clearance at all times.

voda 14 december 2021 08:02

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Reliance Steel & Aluminum Acquires Nu-Tech Precision Metals Inc

Strategic Research Institute
Published on :
14 Dec, 2021, 5:22 am

US’s metal solutions provider Reliance Steel & Aluminum has acquired Nu-Tech Precision Metals Inc, a custom manufacturer of specialty extruded metals, fabricated parts and welded components. Founded in 1985 and headquartered in Arnprior near Ottawa in Ontario, Nu-Tech serves a wide variety of markets across North America, including the nuclear, aerospace and military markets, among others. Nu-Tech’s broad product offering includes tube, pipe, engineered shapes and round and flat bar from pure metals and alloys of titanium, zirconium, copper, nickel, hafnium, niobium and steel. Nu-Tech’s annual net sales in 2020 were approximately $44 million. The terms of the transaction were not disclosed.

Nu-Tech has built a respected and established position in the key markets they serve through their proprietary processes and quality certifications. Further, Nu-Tech supports Reliance’s customer, product and geographical diversification strategy and increases our product breadth in specialty metals.

Founded in 1939 and headquartered in Los Angeles, California, Reliance Steel & Aluminum Co. is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of approximately 300 locations in 40 states and 13 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full-line of over 100,000 metal products to more than 125,000 customers in a broad range of industries.

voda 14 december 2021 08:08

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thyssenkrupp to Supply 2GW Electrolysis System NEOM in Saudi Arab

Strategic Research Institute
Published on :
14 Dec, 2021, 5:24 am

Air Products has placed an order with thyssenkrupp Uhde Chlorine Engineers to supply an electrolysis system with an output of more than two gigawatts one of the world's largest projects for the production of green hydrogen in NEOM in Saudi Arabia. As part of this contract, thyssenkrupp will develop, procure and manufacture the system based on its 20 megawatt module for alkaline water electrolysis. After commissioning, the project partners NEOM, ACWA Power and Air Products, NEOM Green Hydrogen Company will operate the system. The hydrogen produced is synthesized into climate-neutral ammonia, which Air Products exports to the global market exclusively. Planning and procurement work has already been initiated and commissioning is scheduled for 2026.

In July 2020, Air Products, together with ACWA Power and NEOM, announced the signing of an agreement for a plant to produce green hydrogen-based ammonia on a global scale using renewable energy. thyssenkrupp was selected as a technology supplier by its strategic partner Air Products early on in the project and has worked intensively on early engineering and project development.

thyssenkrupp Uhde Chlorine Engineers offers world-leading technologies for highly efficient electrolysis systems. The company, a joint venture with Industrie De Nora, has extensive know-how in the planning, procurement and construction of electrochemical systems.

voda 14 december 2021 08:09

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ArcelorMittal Invests in LanzaTech for Carbon Capture & Use

Strategic Research Institute
Published on :
14 Dec, 2021, 5:26 am

ArcelorMittal announced it has made a USD 30 million investment in carbon recycling company, LanzaTech through its XCarb innovation fund, the fourth investment the Company has made through the fund since its launch in March 2021. The investment further expands ArcelorMittal’s relationship with LanzaTech, which commenced in 2015 when the Company first announced plans to utilize LanzaTech’s carbon capture and re-use technology at its plant in Ghent in Belgium. The EUR 180 million Carbalyst plant, ArcelorMittal’s flagship carbon capture and re-use technology project, is currently under construction, with commissioning expected before the end of 2022. Also known as the Steelanol project, funding has been obtained from various sources, including from the European Union's Horizon 2020 program, the European Investment Bank and the Belgian and Flemish governments.

Using LanzaTech’s gas fermentation technology, which captures carbon-rich waste gases from the steelmaking process and converts them into sustainable fuels and chemicals, the plant will reduce ArcelorMittal Ghent’s CO2e emissions by 125,000 tonnes a year. It will also produce 80 million litres of bio-ethanol annually, which can be blended with traditional gasoline and used as a low-carbon alternative fuel for the transport sector. LanzaTech is also developing technology to convert captured emissions into a range of other chemical building blocks to make useful materials, such as textiles, rubber, and packaging.

Previous investments the Company has made through its XCarb innovation fund include

1. USD10 million in Heliogen, a renewable energy technology company that focuses on ‘unlocking the power of sunlight to replace fossil fuels

2. USD 25 million in Form Energy, which is developing a breakthrough low-cost iron-air battery storage technology

3. A commitment of USD 100 million over five years in Breakthrough Energy’s Catalyst program, an initiative Bill Gates founded to scale the technologies the world needs to reach net-zero emissions by 2050.

Bijlage:

voda 14 december 2021 08:10

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Nucor Acquires Majority Ownership of California Steel Industries

Strategic Research Institute
Published on :
14 Dec, 2021, 5:28 am

US steel maker Nucor Corporation has reached agreements to acquire a majority ownership position in California Steel Industries Inc by purchasing a 50% equity interest from a subsidiary of Vale SA and a 1% equity ownership stake from JFE Steel Corporation. The company will be a joint venture between Nucor and JFE, pending regulatory approvals. Nucor will pay a cash purchase price to Vale of USD 400 million for the 50% enterprise value, adjusted for net debt and working capital at closing, which approximates less than 6.0x historical average EBITDA.

California Steel Industries is a flat-rolled steel converter with the capability to produce more than two million tons of finished steel and steel products annually. The company has five product lines, including hot rolled, pickled and oiled, cold rolled, galvanized and ERW pipe. Key end-use segments served by California Steel Industries include customers in the construction, service center and energy industries. California Steel Industries employs more than 800 full-time and temporary employees.

When the acquisition is completed, it will be Nucor's second joint venture with JFE. Since 2020, the two companies have been operating an automotive steel joint venture in Mexico. The facility in Mexico has the capacity to produce 400,000 tons of galvanized steel for the automotive industry per year.

voda 14 december 2021 08:11

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Nippon Steel to Buy EAF Based G Steel & GJ Steel in Thailand

Strategic Research Institute
Published on :
14 Dec, 2021, 5:31 am

Nikkei reported that Japanese steel giant Nippon Steel is set to acquire two electric furnace based steelmakers G Steel and GJ Steel in Thailand in 2022, in a move aimed at reducing its reliance on coal to produce the metal. G Steel posted sales of THB 20.6 billion (USD 617 million) for the year ended December 2020, while GJ Steel logged sales of THB 11.3 billion baht in the same fiscal year.

US asset manager Ares Management owns almost 50% of G Steel and over 40% of GJ Steel through its investment fund. Nippon Steel plans to buy those stakes owned by the investment fund.

G Steel Public Company Limited

Hot Rolled Coil and Slabs

1.8 million tonnes per annum

G J Steel Public Company Limited

Hot Rolled Coil

1.5 million tonnes per annum

Nippon Steel has, traditionally, used blast furnaces to produce steel. The acquisition of G Steel and GJ Steel will increase the Japanese steelmaker's presence in the fast-growing Southeast Asian market.

voda 14 december 2021 08:11

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Baosteel Rolls Out Roadmap to Reduce Carbon Emissions

Strategic Research Institute
Published on :
14 Dec, 2021, 5:33 am

The world's largest steelmaker Baowu Group recently rolled out a roadmap to reduce carbon emissions per tonne of crude steel by 30% from 2020 to 2035, and achieve carbon neutrality by 2050, setting a tone for China's steel industry. The total carbon emissions of its four production bases will reach a peak level in 2023, while the company will achieve the technical ability to reduce carbon emissions by 2025. Baosteel has defined the basic paths of carbon emissions reduction as the transformation of the iron and steel production process, the adjustment and upgrading of its energy structure, acceleration of research and development of a new low-carbon emissions process, and implementation of technological innovation to reduce carbon emissions.

Baowu said its EAF steel output accounted only 6.5% of its total crude steel output of 115 million tonnes 2020, which is why decarbonizing blast furnace and converter routes was so crucial to the company. Baowu has been working on hydrogen-rich blast furnace technology and pure hydrogen furnace technology, while developing technologies which could eventually boost scrap consumption to 50% in converters. The company has terminated plans to build the fourth and fifth blast furnaces at Zhanjiang steelworks in southern China’s Guangdong province. Instead, the company will build its first hydrogen furnace, with an EAF as downstream steelmaking process, at Zhanjiang, using natural gas, wind and solar power to generate green hydrogen. Meanwhile, Baowu is also planning to build an EAF steel mill together with its own solar plant in western China's Xinjiang.

China is vowing to become carbon neutral by 2060, but it wants to hit peak carbon emissions much earlier, by 2030. To achieve these goals, plans have been laid out by several energy-intensive industries. China's steel industry accounts for around 15%-20% of national carbon emissions annually.

voda 14 december 2021 10:09

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Turkish pipe exports soften further amid bearish sentiment
417 Views

Turkish pipe exporters are seen continuing to decrease their prices amid bearish sentiment in the global market.

Current offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil stand mostly at $845-860/tonne fob Turkey theoretical weight, down from $860-880/t last week. However, prices outside of this range are also available from some producers, depending on their production cost and utilisation level.

While demand, in general, remains insufficient, Turkish producers are seen receiving inquiries from the EU, the Middle East and Africa. Buyers, however, are giving very low bids due to negative sentiment in both the HRC and pipe markets.

A Turkish pipe producer tells Kallanish: “There are numerous problems in both domestic and export markets. We are going through tough days and the near-term outlook does not seem very bright.”

Many regular EU buyers of Turkish pipe are seen to have directed their purchases to other origins in order to avoid the 25% safeguard duty they have been obliged to pay for previous bookings.

A Turkish producer comments: “My regular buyers in Belgium and Germany have been forced to pay the duties in both the July and October quota terms. Now, they are even buying from other sources or bidding at very low levels in order to offset the 25% duty.”

“Besides, the bearish sentiment in the European HRC market is preventing buyers from purchasing today as they expect further price declines,” adds another producer.

While Turkish producers are busy with shipments for the January quota term, they are experiencing major problems in this regard as freight has more than trebled and ship nomination has become much harder.

One producer says he was forced to pay $135/t for freight to the UK despite obtaining an initial quote of $90/t.

Another producer bemoans: “Just a year ago, we used to pay $25-30/t for freight for our shipments to Spain. Now we are thankful if we can secure $90/t.”

In the Turkish HRC market, meanwhile, domestic mills’ offer prices are seen to have decreased by $10/t since last week. They are at $860-890/t ex-works, depending on supplier and volume.

Burcak Alpman Turkey

voda 15 december 2021 07:10

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Advies van Goldman Sachs over Arcelor Mittal
Beurshuis Goldman Sachs
Aandeel ArcelorMittal
Datum 14 december 2021
Advies Kopen
Koersdoel 45,00 EUR

Detail advies
LONDON (Trivano.com) - Op 14 december 2021 hebben de analisten van Goldman Sachs hun beleggingsadvies voor ArcelorMittal (MT; ISIN: LU1598757687) herhaald. Het advies van Goldman Sachs voor ArcelorMittal blijft "kopen".

De analisten behouden hun koersdoel van 45,00 EUR.

Op 4 november 2021 publiceerde ArcelorMittal kwartaalcijfers.

voda 15 december 2021 07:20

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SSAB Develops High Strength Steel Powder for 3D Print at Oxelosund

Strategic Research Institute
Published on :
15 Dec, 2021, 3:07 am

The first steel powder has now been produced at SSAB in Oxelösund. This is a major step on the journey that SSAB has undertaken to become a player in the rapidly growing market for additive manufacturing, commonly known as 3D printing. Back in October 2020, SSAB in Oxelösund announced that the company was entering an entirely new industry, the additive manufacturing industry, also known as 3D printing. SSAB Oxelösund has now produced the first steel powder in the brand-new production facility. It consists of a gas-atomizing unit that melts the steel, which is then pulverized into powder with the use of an inert high-pressure gas.

The test results looked very promising. Especially in terms of the key aspects of the steel powder such as roundness and the size distribution of the granules, which are also the biggest challenges. The tests and deliveries to customers have also been successful

The work now continues with the development of the manufacturing process with the objective to launch new steel powder products on the market next year. In parallel with the development of new products, work will also continue on the development of the new facility. This includes implementing additional equipment such as a 3D printer for steel powder, but also a screening and packaging machine.

Bijlage:

voda 15 december 2021 07:20

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Salzgitter Group Spokesman Mr Bernhard Kleinermann Leaving

Strategic Research Institute
Published on :
15 Dec, 2021, 3:10 am

After more than 25 years, Mr Bernhard Kleinermann, Group Press Spokesman and Head of Group Communications at Salzgitter AG, is leaving the company to face new professional and private challenges outside the Group. Salzgitter said “We will inform you about a successor in due course. Mr Markus Heidler, Head of Investor Relations, will take over the responsibility on an interim basis.”

Salzgitter AG.CEO Mr Gunnar Groebler said “We would like to expressly thank Mr Kleinermann for his many years of successful work around the positioning of the group in the public eye. First, as Head of Investor Relations, he built up international capital market communications in the changeable times after the IPO in 1998. As group press spokesman and head of group communications, he consistently developed the company's communications activities from 2011 onwards. In recent years he has played a particularly important role in the public recognition of Salzgitter AG as a pioneer in the decarbonization of steel production with the SALCOS project.”

voda 15 december 2021 07:23

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2Slab Casters Modernized by Primetals Start at Angang Iron & Steel

Strategic Research Institute
Published on :
15 Dec, 2021, 3:18 am

Two continuous slab casters modernized by Primetals Technologies commenced operation recently at Chinese steel producer Angang Iron & Steel Group Co in its steelworks No. 2 in Anshan. The objectives of the project were to further improve slab quality by implementing DynaGap soft reduction and to increase the caster´s availability. To these ends, state-of-the art automation features and technological packages were installed. Despite current quarantine challenges for the project team, CCM5 was started 7 days ahead of schedule and CCM4 went in operation 16 days earlier than planned.

The single-strand continuous slab casting machines CCM 4 and CCM 5 originally supplied by Primetals Technologies are of identical design and have been put into operation in 2003. Each has a production capacity of 1.15 million metric tons per annum. The machine radiuses are 5 meters and the metallurgical lengths amount to 23.9 meters. The casters produce slabs with a thickness of 135 and 150 millimeters in a width range of 900 to 1,550 millimeters. Casting speeds vary from 1.5 to 3.2 meters per minute. The plants process ultra-low carbon to high carbon steels, deep-drawing, peritectic and structural steels as well as strip grades.

To further improve the internal quality, now all segments are modernized for the implementation of DynaGap soft reduction technology. Along with this modification the complete automation was replaced. The casters are equipped with LevCon mold level control. The straight cassette-type Smart Mold is equipped with the Mold Expert breakout detection system, DynaWidth for automatic width adjustment, and the DynaFlex mold oscillator. Smart Bender and Smart Segments as well as I-Star rollers are used in the strand-guiding system.

Dynacs 3D secondary-cooling model dynamically calculates the full 3D strand-temperature profile at any position along the strand for optimum adjustment of the secondary-cooling setpoints and the determination of the point of final strand solidification. DynaGap SoftReduction 3D fully automatic roll-gap control system allows for dynamic soft reduction to minimize centerline segregation for improved internal strand quality.

DynaPhase online thermodynamic phase transformation model calculates material properties like thermal enthalpy, thermal conductivity, density and solid fraction. Furthermore, a number of expert systems were implemented. Intermix Expert provides exact knowledge of the chemical analysis at any position on the strand and online calculation of the mixed steel area and incompatible strand portions. Mold Expert provides on-line automatic breakout pre-detection and mold process data monitoring. Quality Expert online tracking, controls and supervises quality related data and provides quality prediction for the cast products, contributing to the continuous improvement of the product quality. Speed Expert cyclically calculates the optimum casting speed in any casting situation considering the influencing factors like superheat and heat pacing.

Angang is part of the Anshan Iron & Steel Group Co., one of China's leading steel producers with an annual production of more than 38 million tonnes (2020) and is located in Anshan in Liaoning Province. Steel works no. 2 in Anshan employs a conversion route with a basic oxygen converter, ladle furnace and RH plant.

Bijlage:

voda 15 december 2021 07:30

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JFE Steel Announces Change of JV Partner at California Steel

Strategic Research Institute
Published on :
15 Dec, 2021, 3:21 am

JFE Steel Corporation announced that Brazil-based Vale has agreed to sell its entire equity ownership stake in California Steel Industries Inc to Nucor Corporation. California Steel Industries is a US based steelmaker in which JFE Steel and Vale currently each hold 50% equity interests. Ownership in California Steel Industries will formally change once all necessary procedures, including receipt of governmental approvals, are completed. In conjunction with this change, JFE Steel will enter into an agreement with Nucor to sell a 1% equity ownership stake in California Steel Industries to Nucor, resulting in CSI becoming a joint venture company owned 51% by Nucor and 49% by JFE Steel.

The two partners will strive to grow CSI’s financial position and product footprint and to build on the values that have made CSI successful, making full use of Nucor’s local business relationships and operational expertise. As the largest steel company in North America, Nucor is a leading supplier of steel and steel products to the construction and infrastructure end markets. These are key markets for CSI, which is also looking to supply materials for Nucor’s business in the western United States.

California Steel Industries Inc

Established: 1984

Location: Fontana, California, USA

Capital: USD 40 million

Proposed Ownership: Nucor 51%, JFE Steel 49%

Business: Manufacture and sale of steel products (hot-rolled steel sheet, cold-rolled steel sheet, surface-treated steel sheet and steel pipe)

Facilities:

Hot-rolling mill (3 million st per year)

Cold-rolling mill (1.1 million st per year)

2 galvanizing lines (450,000 st per year and 250,000 st per year)

2 ERW steel pipe mills (400,000 st per year and 250,000 st per year)

(st: short ton, equivalent to 0.9072 metric tonne)

voda 15 december 2021 07:31

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OMK to Produce Cold Deformed Pipe Bend for Oil & Gas & Nuclear

Strategic Research Institute
Published on :
15 Dec, 2021, 3:24 am

Russian pipe maker United Metallurgical Company OMK has launched two presses for the production of steeply bent bends by cold deformation, used for the installation of pipelines at oil and gas and nuclear facilities. The OMK plant in Chelyabinsk became the first enterprise in Russia to make parts using this technology. The equipment was installed within the framework of the project for the technical re-equipment of the production facilities of OMK Trubodetal with an investment of over 3 billion rubles. The cold deformation method will shorten the production cycle time, reduce the labor intensity of manufacturing bends and allow you to specify an assembly batch of products in any quantity, in contrast to previous technologies for manufacturing bends, which made the production of small batches unprofitable.

The equipment makes it possible to produce bends with a diameter of up to 630 mm from carbon, low-carbon and low-alloy steel grades, as well as from corrosive, stainless and heat-resistant steel grades of medium and high strength class. These products are designed for high temperature and corrosive environments.

The technical re-equipment of the enterprise should be completed by mid-2022. After that, OMK will be able to offer its customers new types of pipe fittings and assemblies made of stainless and heat-resistant steel grades designed for the needs of the oil and gas, nuclear and heat power industries, as well as for other market segments: petrochemicals and liquefied natural gas production.

voda 15 december 2021 07:31

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Hyundai Steel Orders Coke Dry Quenching Systems from Nippon Steel

Strategic Research Institute
Published on :
15 Dec, 2021, 3:26 am

Nippon Steel Engineering Co Ltd has received an order from Hyundai Steel for three Coke Dry Quenching units for Hyundai's Dangjiin Integrated Steelworks. Hyundai Steel is currently making large-scale investments toward decarbonization and low carbonization. They will be able to significantly reduce their GHG emissions by replacing their existing coke wet quenching systems with some of the largest coke quenching systems in South Korea, two CDQ units with a capacity of 200 tonnes per hour and one CDQ unit with a capacity of 230 tonnes per hour.

Coke Dry Quenching - Red-hot, dry distilled coke removed from a coke oven is cooled in a cooling tower using inert gas. At the same time, the sensible heat of the red-hot coke, which was conventionally released, is recovered as steam in a waste heat recovery boiler. The cooling tower is a closed space composed of a prechamber and cooling chamber. The CDQ has the following three effects:

1. Suppressing the dust that arises when cooling coke

2. Reducing the emission of CO2 by utilizing produced steam to generate electricity

3. Improving the quality of the coke suitable for use in a blast furnace.

The value estimated using the CO2 emission coefficient of domestic power as the amount of power produced, and with an operating rate that takes facility characteristics into account as the given.

Nippon Steel Engineering’s CDQs were highly evaluated by Hyundai Steel for their top global level steam generation rates and abundant delivery record, high operating rate, stable operation results, and other factors, which led to this order.

Bijlage:

Vertraagd	30 apr 2024 09:51
Koers	23,850
Verschil	-0,200 (-0,83%)
Hoog	23,960
Laag	23,750
Volume	190.706
Volume gemiddeld	2.501.715
Volume gisteren	2.081.041

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