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voda 18 oktober 2022 06:58

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ArcelorMittal Kryvyi Rih Replaces Caisson of Converter No 2

Strategic Research Institute
Published on :
18 Oct, 2022, 4:45 am

Ukrainian steelmaker ArcelorMittal Kryvyi Rih has replaced the caisson of converter No 2 in the converter workshop. ArcelorMittal Kryvyi Rih said “Employees of the converter workshop, taking advantage of incomplete capacity loading and forced downtime of a number of units, perform equipment restoration work. At the beginning of October, the caisson on the second converter was replaced.”

The unit is used for removal and primary cooling of converter gases, which are then sent to the gas purifiers through a shielded gas pipe. The weight of the caisson reaches 30 tonnes, the diameter is 4 meters and the length is 11 meter.

The replacement of the caisson is the first significant step towards the restoration of converter No 2, which is currently in reserve. The previous unit, which had served its term, was removed with the help of electric bridge cranes, and a working one, repaired by the workers of the steel construction workshop, was installed in its place.

voda 18 oktober 2022 06:59

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Worldsteel Announces Winners if 13th Steelie Awards

Strategic Research Institute
Published on :
18 Oct, 2022, 4:47 am

Worldsteel has announced that winners of 13th Steelies in six categories to recognize member companies for their contribution to the steel industry over a one-year period.

Excellence in low-carbon steel production:

Ansteel Group Corporation Limited – Low CO2 emission blast furnace charge solution based on low basicity high silicon pellets and its application

Innovation of the year:

POSCO – STS high-speed extended width AC electrolytic pickling technology

Excellence in sustainability

POSCO – Recycling shell waste for sustainable steelmaking

Excellence in Life Cycle Assessment

Tata Steel – PACI – a tool to support innovation and customer engagement life cycle thinking in the steel value chain

Excellence in education and training

Ternium – Competences Certification Programme for Risky Tasks (CCRT)

Excellence in communications programmes

Gerdau S.A. – How the century-old Gerdau transformed its image and became the steel company with the highest global engagement

voda 18 oktober 2022 07:00

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Ship Recycling Market is Glum & Gloomy

Strategic Research Institute
Published on :
18 Oct, 2022, 4:49 am

World's leading cash buyer of ships for recycling GMS said that “Any vessels that were made available over the past few weeks have swiftly been withdrawn as recycling markets show ineptitude to offer any sort of serious numbers, having seemingly forgotten how to buy ships after a prolonged period on the sidelines. Consequently, there have been no market sales for another week, especially as freight markets continue to impress across all sectors and recycling markets remain unchanged, depressed, and starved of tonnage all at once. Constant currency depreciations have been the chief culprit and there seems to be a lack of confidence to import vessels, with banks being much stricter on sanctioning precious U.S. Dollar Letters for Letter of Credit for vessels for recycling.

GMS said “Most yards in India, Pakistan Bangladesh, and even Turkey, are therefore lying idle and will be expected to remain that way (likely) for the rest of the year, with sentiments and levels so depressed across the board. Demand for new vessels is firming, but at completely unworkable numbers for Owners and Cash Buyers alike, especially given the decent earnings that the majority of these ships continue to make.”

GMS concluded “As such, for another week, the outlook across all sub-continent markets stays glum and gloomy, with little meaningful activity to talk of and deteriorating sentiments & pricing afflicting the industry.

GMS Price Assessment - India/Bangladesh/Pakistan – Week 41 Unchanged

Dry Bulk – USD 550-570 per LDT

Tankers - USD 560-580 per LDT

Containers - USD 570-590 per LDT

voda 18 oktober 2022 07:01

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Tecnimont & Metal Craft Form Tecni & Metal JV

Strategic Research Institute
Published on :
18 Oct, 2022, 4:51 am

Leading Engineering, Procurement & Construction firm Italy-based Maire Tecnimont Group’s Indian subsidiary Tecnimont Private Limited has announced the establishment of Tecni & Metal Private Limited, a new JV with Metal Craft Constructors. Tecni and Metal Private Limited, with a 51% Tecnimont stake, will focus on efficient construction solutions for Tecnimont’s projects in India and other geographies in the future.

The new JV combines the high-level competences in planning and construction management retained by Tecnimont and the long-term experience of Metal Craft Constructors in providing specialized personnel for the different phases of complex industrial plants, spanning from mechanical, civil, and construction up to erection and pre commissioning.

Tecnimont Private Limited serves as the Technimont’s centre of Engineering excellence for India. With more than 2,000 employees, Technimont is headquartered in Mumbai and has support offices in New Delhi, Middle East, Abu Dhabi and Malaysia. It is a leader in Engineering and Main Contracting for the natural resources transformation industry. With a legacy now spanning six decades, Technimont has exhaustive experience in executing more than 400 projects globally.

voda 18 oktober 2022 07:02

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H2 Green Steel’s Project in Sweden Showcases SMS Technology

Strategic Research Institute
Published on :
18 Oct, 2022, 4:53 am

World’s leading steel and metals plant engineering companies SMS group has been selected to provide a broad range of technology and equipment for the H2 Green Steel project in Sweden. The agreement will see SMS group, including Paul Wurth and its consortium partner Midrex, as suppliers of process equipment from ironmaking to the finished steel products of the world’s first industrial-scale steel plant based on hydrogen and electricity from renewable sources.

The H2 Green Steel site will be a close to 300 hectares greenfield project in Boden in the Swedish Norbotten region. The plant is expected to produce green steel by 2025, ramping up volumes in 2026.

SMS group will, together with fully owned Paul Wurth and its consortium partner Midrex, provide a MIDREX direct reduction plant, the EAF based melt shop, a CSP Nexus casting and hot rolling plant as well as an advanced cold rolling and processing complex for the production of a broad product mix including Advanced High Strength Steel and automotive steel grades.

Leading car manufacturers have already signed agreements with H2 Green Steel for the supply of green, high-quality steel. The total order volume for SMS group exceeds EUR 1 billion.

voda 18 oktober 2022 07:02

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NMDC Implements Steel Business Demerger Scheme

Strategic Research Institute
Published on :
18 Oct, 2022, 4:54 am

NMDC has informed that the Scheme of Arrangement between NMDC Limited and NMDC Steel Limited and their respective shareholders and creditors and the other applicable provisions & applicable rules, involving Demerger of the Demerged undertaking from Demerged Company to the Resulting Company has been duly sanctioned by the Ministry of Corporate Affairs vide its order dated 6 October 2022. Pursuant to the Order, upon the Scheme becoming effective, in consideration of the transfer and vesting of the Demerged Undertaking in the Resulting Company, the Resulting Company shall, issue and allot to all the equity shareholders of the Demerged Company, one equity share of the Resulting Company of INR 10 each fully paid-up for every one equity share held in the Demerged Company of INR 1 each fully paid-up.

The Appointed Date of the Scheme is 1 April 2021. Accordingly, with effect from the Appointed Date, the entire Demerged Undertaking of NMDC Limited has been transferred and vested into NMDC Steel Limited.

The net book value of assets which relate to the Demerged Undertaking as on the Appointed Date was INR 17,048.54 Crores and the Net Worth of NMDC Limited was INR 12,707.60 Crores.

NMDC Limited (Demerged Company) - 42.71%

NMDC Steel limited (Resulting Company) - 57.29%

voda 18 oktober 2022 07:04

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Salzgitter & Sunfire Launch GrInHy2.0 for Green Steel

Strategic Research Institute
Published on :
18 Oct, 2022, 4:56 am

German steel maker Salzgitter, which is introducing innovative technologies with Salzgitter Low CO2 Steelmaking to use hydrogen, has continued its successful cooperation with Sunfire to integrate novel GrInHy2.0 electrolysis technologies for hydrogen production in an industrial environment.

Since 2019, the project partners have been operating a high-temperature electrolyzer from Sunfire with an electrical connected load of 720 kW on the premises of Salzgitter Flachstahl The green hydrogen produced is fed directly into the hydrogen grid of Salzgitter Flachstahl & to date almost 100 tonnes of the gas have been used in annealing processes and galvanizing plants for steel finishing.

Already at the beginning of the year, the Sunfire electrolyzer set new efficiency standards: For the first time, the project partners were able to demonstrate an electrical efficiency of 84 %el,LHV, this corresponds to an energy requirement of only 39.7 kWh/kgH2. In addition, the system produced up to 200 cubic meters of green hydrogen per hour.

The electrolyzer is based on the innovative SOEC technology (solid oxide electrolysis cell) and runs at operating temperatures of 850 degree Celsius. The system utilizes industrial waste heat and renewable electricity to split steam into its components hydrogen and oxygen

In addition to Salzgitter Flachstahl, Salzgitter Mannesmann Forschung and Sunfire, the SMS Group company Paul Wurth, Tenova and the French research institution CEA are also part of the project.

voda 18 oktober 2022 07:05

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SEBI Moves to SC against SAT Order on AM/NS India Fine

Strategic Research Institute
Published on :
18 Oct, 2022, 4:58 am

The Securities and Exchange Board of India has moved the Supreme Court against the Securities Appellate Tribunal order rejecting a penalty of INR 200,000 imposed by the regulator on Essar Steel India, now known as AM/NS India. AM/NS India said that the Supreme Court also observed that it should get a clean state while its resolution plan was approved. However, SEBI argued that the resolution professional was required to abide by the rules governing listing obligations and disclosure requirements while the resolution plan was still in effect.

SEBI had levied the fine on Essar Steel for not making the requisite disclosure under the listing obligations and disclosure requirement rules in the case relating to the issuance of non-convertible debt securities in 2011. Essar Steel was accused by SEBI of breaking the law from December 2015 to March 2019 on several occasions.

voda 18 oktober 2022 07:06

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Roll Maker Gontermann-Peipers India to be auctioned on 11 November

editor@steelguru.com
Published on :
18 Oct, 2022, 4:59 am

Following the direction of the National Company Law Appellate Tribunal, a fresh auction for steel roll maker Gontermann-Peipers India has been set on 11 November 2022. The liquidator of GPI has notified the new date for the auction which is open to participation to any party who is willing to take the company on a going concern basis.

The reserve price of the corporate debtor GPI has been fixed at INR 91 crore, higher than the price discovered in the first round. Snaefell Heights, an entity linked to Calcutta-based real estate group Srijan Realty, had put in a bid of INR 88 crore in the auction which took place in September 2021. The auction was subsequently challenged by many parties before the NCLT, Calcutta, which ordered a reauction of the GPI. On 30 September 2022, the NCLAT upheld the judgment of the lower tribunal.

Closed in 2016, the GPI factory on Diamond Harbour Road near Joka sits on a 25.35-acre plot. Proximity to the city and Joka-Esplanade Metro, which is nearing completion, makes the plot lucrative for real estate development. Out of the total land available, only 2.76 acres is factory land while 22.14 acres continue to remain sali and barga land, which can be used for real estate development.

voda 18 oktober 2022 07:06

0

Fosun to Sell 60% Stake in Nanjing Iron & Steel to Shagang

Strategic Research Institute
Published on :
18 Oct, 2022, 5:01 am

According to media reports, Chinese steelmaker Nanjing Iron & Steel has inked an agreement with Fosun and Shagang Group, according to which Fosun has sold its 60% stake in Nanjing Iron and Steel to Shagang Group for CNY 15 billion (USD 2.1 billion). As a result, Shagang Group has become the second largest steel producer in China following Baowu Group, exceeding Anshan Iron and Steel Group’s annual crude steel output, which stood at 55.65 million tonnes 2021.

Founded in 1958, Nanjing Iron & Steel is a publicly traded steel maker based in Nanjing in Jiangsu Province of China. The parent company of NISCO is Nanjing Nangang Iron & Steel United Co, a joint venture of Hong Kong listed company Fosun International and Chinese state-owned enterprise Nanjing Iron and Steel Group in a 60–40 ratio. In 2021, Nanjing Iron and Steel’s crude steel output had reached 11.58 million tonnes, while Shagang Group's crude steel output had amounted to 44.23 million tonnes, constituting a total of 55.81 million tonnes.

voda 18 oktober 2022 07:07

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JSW Steel & Smartex Sign MoU for Low Emission Steel Production

Strategic Research Institute
Published on :
18 Oct, 2022, 5:03 am

JSW Steel has signed a memorandum of understanding with Smartex to explore the potential to promote innovation and turnkey approaches - from financing to technology availability and market access aimed at Decarbonisation of the steel sector in India, de-risking industry investment, accelerating climate action and addressing social equity.

Smartex has launched the Financing Steel Decarbonisation initiative during the 2022 Climate Week in New York City. FSD is creating a USD 1 billion Steel Decarbonisation Fund and an eco-system to support steel industry decarbonization. India being the second largest steel producer is responsible for over 10% of CO2 emissions from energy systems.

JSW Steel Joint MD & Group CFO Mr Seshagiri Rao said “Indian steel industry needs innovation in low emission steel making and financing solutions at comparative cost advantage to reach the next level of steel Decarbonisation," said -. "A majority of JSW's strategic focus areas and organizational goals have been formulated to align our existing production facility towards climate change mitigation and reduce our C02 emissions intensity by 42% by 2030from a base year of 2005. We are committed to remain within the sustainable development scenario pathway as proposed by International Energy Agency, which require significant investment. The proposed Financing Steel Decarbonisation initiative and Steel Decarbonisation Fund, hopefully would provide the right opportunity.”

voda 18 oktober 2022 07:07

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Blastr Green Steel & Cargill sign MOU for Supply of Green Steel

Strategic Research Institute
Published on :
18 Oct, 2022, 5:04 am

Cargill's metals business and Blastr Green Steel, a developer of decarbonized steel supply, have agreed to work together to supply steel made without use of fossil fuels in the Nordic region to meet growing global demand for green steel. Both companies share an ambition to drive significant reductions of carbon emissions in the steel industry.

Under the Memorandum of Understanding, Blaster and Cargill Metals plan to combine the skills of both companies to accelerate the development of projects that enable significant carbon savings to the global steel industry. Cargill Metals brings expertise in raw materials sourcing and Cargill's global capabilities in ocean transportation and logistics, as well as development of green products for market, risk management and financing facilities. Blastr contributes its industrial decarbonization expertise, entrepreneurial business skills, track record and access to capital within green energy and CO2 abatement. Blastr also brings regional knowledge of sites, opportunities and local support.

Cargill's ambition is to develop world leading projects in the green steel supply chain through the expedient development of initial production and then incrementally expand capacity based on market demand. Separately, independent market analysis suggests a market shortfall in supply, with global demand for low carbon steel likely to increase from below 5 million tonne in 2021 to 200 million tonne in 2030, with European demand increasing to nearly 40mt by that date, driven by automotive and construction sectors1.

The next phase of the cooperation will focus on final technology selection, access to green power, location and the final mix of products. Teams from Blastr and Cargill Metals will collaborate on sustainable supply chains, speed to market, technology risks and constraints, and on raising capital to finance the project development.

Blastr aims to decarbonize the steel industry, by creating an integrated green steel producer leveraging Nordic advantages. By utilizing local raw materials and fossil free energy and applying circular economy thinking throughout the value chain, we aim to cut the CO2 emissions of our end products by 95%. We will establish production facilities in the Nordic Region, with its ambitious political energy transition agenda, deep ice-free ports giving access to the attractive European markets, and highly qualified workforce. The Blastr green steel project is expected to be one of the largest industry start-ups in the Nordic region.

Blastr is founded and backed by Vanir Green Industries, a Nordic investment company that invests in, develops and scales green, robust and profitable businesses needed to accelerate the energy transition. VGI is established by Tore Ivar Slettemoen, one of the founders of Freyr Batteries and managed by a team of experienced professionals with deep industrial competence and a genuine drive to build a more sustainable future.

Headquartered in Singapore, Cargill's metals business provides value-add services and solutions along the global ferrous supply chain. Combining over 150 years track record of risk management in global commodities markets with more than 40 years unique insights in the ferrous industry, we provide our customers the support they need to thrive. It connects iron ore miners around the world with steel mills in key markets and provide a broad range of services from technical marketing to customized risk management solutions along the supply chain including to end users of steel.

voda 18 oktober 2022 08:13

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GCC rebar market picks up, particularly UAE
266 Views

Gulf Cooperation Council rebar market activity is improving, particularly in the United Arab Emirates. October sales in the retail segment are much better than in September, and sector participants believe prices have bottomed. A mild uptick is anticipated in November, Kallanish notes.

Mills in UAE – the second-largest market in GCC – have stopped offering and supplying rebar in the domestic market in anticipation of the November hike. A Saudi Arabian buyer bought random-length rebar at a very low price from UAE. Also, rebar producers in UAE were heard concluding rebar deals for the Saudi market. Despite the 15% import duty, UAE-origin delivered rebar prices are at below Saudi tier-three mills' ex-works rebar prices of SAR 2,575-2,600/tonne ($686-693).

In the UAE domestic market, Union, Hamriyah and Oman's Jindal Shadeed are refusing to offer and are not taking orders for October rolling. Also, Emirates Steel Arkan (ESA) is heard not accepting extra orders for October.

In the retail segment, ESA rebar is transacted at AED 2,200-2,240/t ($599-613) and non-ESA rebar is at AED 2,100-2,140/t ($572-583), both delivered. The lower margin is for cash payments, and the higher is on a credit basis for 120-150 days.

"In UAE, mills are not hungry for new orders. We do not offer and take new orders. We believe prices touched the bottom curve, and a mild increase is anticipated,” explains a senior mill official.

In Oman, rebar prices have improved, but demand is still not satisfying. Rebar in the secondary, retail market is available at OMR 235/t ($611) delivered, while mills' wholesale prices are at OMR 225-230/t ex-works. Traders are still not softening the retail prices they agreed on during a meeting two weeks ago.

Oman's largest producer, Jindal Shadeed, has resumed rebar shipments to Saudi and has already dispatched 3,000-4,000 tonnes of rebar in October. Shadeed has a sales team residing in Saudi Arabia, and the company dispatches round billet and rebar to that market.

In Bahrain, the market is slow but slightly better than in September. A supplier in UAE, for 10-32mm sizes, has softened its rebar price by AED 70/t ($19) to AED 2,300/t delivered to Bahrain.

Rebar is transacted at BD 250/t ($665) delivered in the retail market, while Emirates rebar is available at AED 2,280-2,300/t ($621-626) delivered to Bahrain. One UAE supplier is charging an extra $25/t for 8mm rebar, whereas a local re-roller in Bahrain transacted in the last round of sales at BD 245/t ($652) delivered across all sizes. Local rebar is expected to slide to BD 240/t delivered within Bahrain.

Burak Odabasi Turkey

voda 18 oktober 2022 17:26

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ArcelorMittal, Sasol to jointly explore green hydrogen for steel production
Oct. 18, 2022 8:23 AM ET ArcelorMittal S.A. (MT), SSLBy: Carl Surran, SA News Editor
Hydrogen Storage In Renewable Energy
onurdongel/iStock via Getty Images

ArcelorMittal (NYSE:MT) and Sasol (NYSE:SSL) said Tuesday they will collaborate on research into using green hydrogen for carbon capture technology and steel production.

Sasol (SSL) is the world's biggest producer of fuel products and chemicals from coal, and ArcelorMittal South Africa (MT) is Africa's biggest steel producer; both companies are targeting net zero carbon emissions by 2050.

Sasol (SSL) said the companies plan to jointly advance a green hydrogen and derivatives study on the Saldanha region's potential as an export hub for green hydrogen and derivatives, as well as green steel production.

The companies plan to study the use of renewable electricity and green hydrogen to convert captured carbon from ArcelorMittal's (MT) Vanderbijlpark steel plant into sustainable fuels and chemicals.

The initiatives could result in ArcelorMittal South Africa (MT) becoming Africa's first green flat steel producer using green hydrogen from the Saldanha works, which are currently under care and maintenance, while also reducing the carbon footprint of its flagship Vanderbijlpark works.

Sasol (SSL) is "an undervalued play on the oil price upcycle," JP Research writes in an analysis posted on Seeking Alpha.

voda 19 oktober 2022 06:31

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worldsteel Safety & Health Excellence Recognition for 2022

Strategic Research Institute
Published on :
19 Oct, 2022, 3:59 am

As part of its commitment to the highest safety and health standards, the World Steel Association has recognised excellence in seven of its member companies for delivering demonstrable improvements in safety and health. The recognised companies this year are:

For safety culture and leadership

ArcelorMittal – A sustainable journey to zero accidents

Initiated in 2017 after a fatality, ArcelorMittal Long Brazil needed to redirect the health and safety strategy by creating a robust Master Plan, aiming at cultural change, valorisation of life, and safety first in decision making.

JFE Steel Corporation – Horizontal development to prevent similar accidents

The company-wide horizontal activities programme was initiated in 2020 to establish a systematic approach for preventing similar-type accidents across the company by leveraging learning from experience and effective implementation of safeguards.

For occupational safety management

Emirates Steel – Enhancing crane operations and rigging safety

In 2018, Emirates Steel started implementing a comprehensive safety improvement programme focused on crane operations and rigging activities with the following key components:

Lifting operations governance

Competency enhancement

Managing tools and equipment

Auditing

US Steel – Haul truck and loader tyre safety improvement

US Steel identified the Michelin Earthmover Management System (MEMS 4) as a solution to putting employees in potentially hazardous situations. One of the most critical aspects of this system is that it allows employees to check tyre pressure and temperature from a remote location, ensuring a safer working environment.

For occupational health management

Tata Steel – Wellness@Workplace Programme

Tata Steel’s innovative Wellness@Workplace Programme aims to improve and maintain employees’ overall health and well-being through a unique organisation-wide platform, ensuring uniform rollout, monitoring and improvement.

For process safety management

Hyundai Steel – replacing high-risk tasks with quadruped robots

Hyundai Steel’s Dangjin Steelworks introduced the quadruped robot (SPOT) to prevent workers from being exposed to explosion risk and related accidents. Its target is to make use of the robots in 156 gas facilities and 2,927 locations in confined areas.

POSCO Holdings – Smart Safety Ball

The Smart Safety Ball (SSB) is a new concept gas detector that checks the concentration of harmful gases inside confined spaces. By detecting the presence of gases in real-time, the ball prevents injuries and fatalities.

voda 19 oktober 2022 06:32

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Byelorussian Steel to Expand Steel Supply to Bashkortostan Region

Strategic Research Institute
Published on :
19 Oct, 2022, 4:00 am

Media reports suggest that Belarus-based Byelorussian Steel Works plans to increase the steel supply to the Republic of Bashkortostan in Russia, which will be facilitated by the growth in demand from consuming industries and the restoration of work at a number of large automotive plants in Russia.

BMZ will deliver a batch of seamless pipes totaling RUB 600 million (USD 9.68 million) to Bashkortostan in 2023. The products will be shipped to a local oil equipment manufacturer.

In the first nine months this year, BMZ delivered steel totaling a value of USD 6.8 million to the region. This is more than double compared to the same period last year. The client base has also been expanded, with deliveries of the company's products currently being carried out to six consumers in Bashkortostan.

voda 19 oktober 2022 06:32

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Merafe Resources Ferrochrome Output in Jan-Sept up by 4% YoY

Strategic Research Institute
Published on :
19 Oct, 2022, 4:02 am

South Africa-based ferrochrome producer Merafe Resources has announced its ferrochrome production from the Glencore Merafe Chrome Venture amounted to 84,000 tonnes, up by 9% YoY while production rose by 3.6% YoY to 286,000 tonnes in January-September 2022. It said “improvements in plant efficiencies achieved at our smelters continue to be sustained. The impact from load curtailments was not significant.”

Merafe Resources Limited, through its subsidiary, Merafe Ferrochrome and through a pooling and sharing Venture with Glencore Operations South Africa Proprietary Limited participates in chrome mining and the beneficiation of chrome ore into ferrochrome.

The Glencore-Merafe Chrome Venture (the Venture) operates five ferrochrome smelters (including pelletizing and sintering plants), 22 ferrochrome furnaces, six chrome ore mines and five UG2 plants, situated in the North West, Limpopo and Mpumalanga provinces of South Africa.

Merafe Ferrochrome holds interest in Wonderkop smelter, Boshoek smelter, Lion I smelter and Lion II smelter. Merafe Ferrochrome also holds interest in Boshoek mine, Kroondal and Wonderkop mine, Helena mine, Magareng mine and Marikana. Merafe Ferrochrome holds interest in Impala Kanana UG2 plant, Lonmin UG2 plants, Bokamoso pelletizing plant, Motswedi pelletizing plant and others.

voda 19 oktober 2022 06:33

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Tenova to Build Sinova’s New Silicon Metal Plant in Tennessee

Strategic Research Institute
Published on :
19 Oct, 2022, 4:04 am

Tenova was awarded a contract by Sinova Global, the North American silicon metal production company with operations in Canada and the USA, to supply the Basic Engineering of a new silicon metal plant in Tiptonville in Lake County TN in US. The plant will include two submerged arc furnaces, together with auxiliary systems including gas cleaning equipment, water cooling, electrical, automation and control, final product tapping, refining and casting equipment.

Sinova Global held a ground-breaking ceremony on 17 October to announce the beginning of construction of the plant and celebrate the award of all necessary permits for construction and a multiyear agreement with federally owned electric utility corporation The Tennessee Valley Authority to provide responsibly sourced power. The plant will create 140 new jobs and provide refined material serving the rapidly developing renewable energy, energy storage and automotive industries in the area.

voda 19 oktober 2022 06:33

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Wipro to Accelerate Cloud Transformation of Outokumpu

Strategic Research Institute
Published on :
19 Oct, 2022, 4:05 am

Leading technology services and consulting company Wipro and multinational stainless steel manufacturer Outokumpu have announced a strategic deal to accelerate Outokumpu's cloud transformation for applications. During this transformation journey, Wipro will conduct application cloud discovery; assess, design and right-size the Microsoft Azure platform; migrate and modernize applications; and build an agile and DevSecOps-based IT operating model - increasing the availability of applications in addition to eliminating downtime.

The services will be delivered through Wipro FullStride Cloud Services, which brings more than 1,000 blueprints and over 40 solution accelerators together, acting as an integrated workbench to plan, create, design, develop and manage the entire transformation journey-enabling Outokumpu to fast-track its cloud adoption and accelerate modernization at scale.

The deal will help Outokumpu reach its goal of becoming an agile, data-driven, sustainability-focused organization by delivering next-generation applications and building a Microsoft Azure powered platform for Outokumpu’s corporate and factory applications. As a result, Outokumpu will be able to respond faster to changing business needs, as well as improve productivity, reliability, and the cost-effectiveness of IT services. In addition, this on-demand platform will reduce consumption of power, lowering the carbon footprint associated with Outokumpu’s IT infrastructure.

voda 19 oktober 2022 06:34

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Eralpi Stahlwerke Orders Danieli’s Water-Treatment Plant

Strategic Research Institute
Published on :
19 Oct, 2022, 4:06 am

German steel producer ESF Elbe-Stahlwerke Feralpi has confirmed its trust in Danieli for the water-treatment plant to serve the rolling mill ordered in March 2022. To be installed in Riesa in Germany, the new, innovative rolling mill will produce quality spooled bars in coils up to 8 tonnes. The new water-treatment plant, which incorporates patented technologies such as ZSP Zero-Scale PitTM and DanfilterTM will complete the project.

The ZSP package reduces costs for civil construction of scale pits for rolling mills and processing lines. Rather than digging a deep underground basin to recover the contact water, the ZSP is installed just under the rolling mill. Scale that is deposited there is continuously removed from the underground flume and raised above ground, where it is collected in a standard skip. The implementation of the Danieli Zero Scale Pit solution results in remarkable CapEx savings, with no extra OpEx costs, also simplifying maintenance operations.

DanFilter, high-rate, deep-filtration sand filters achieve filtration rates up to 60 m3/h/sqm, maintaining excellent water quality with less than 10 ppm of suspended solids. This allows the supply of more compact plants with fewer filters compared to the standard type, reducing plant CapEx and footprint. The Danieli patent covers functioning and backwashing parameters as well as the distribution system.

Furthermore, Danieli also will be partner of Feralpi Stahlwerke for the on-site MEIP installation (mechanical, piping, electrical) for both rolling mill and WTP to ensure the start-up scheduled for Q2 2024 is reached on time and successfully.

Danieli provides a full range of modern auxiliary plants thanks to combined research and development, and field experience. It completes meltshop and rolling mill installations, increasing their competitiveness.

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