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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

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Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 1193 1194 1195 1196 1197 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 10 juli 2020 15:28
    Arcadis Ost 1 Monopile Foundation Contract Awarded to Steelwind

    In the presence of Lower Saxony’s Minister for Environment and Energy, Olaf Lies, Parkwind and Steelwind have signed a contract for the fabrication of the monopile foundations for the Arcadis Ost 1 offshore wind farm on July 3rd, at Steelwind HQ in Nordenham in Germany. This signature follows the recently announced OSS contract with Bladt and further secures Parkwind’s planning for the project. As one of the key market players in monopile fabrication, Steelwind will deliver 27 WTG and one OSS next generation XXL-Monopile units.

    The monopile production starts 2021. Europe's leading producer of heavy plate Dillinger will supply the heavy steel plates for the monopiles.

    The Arcadis Ost 1 wind farm has a capacity of about 247 MW and is located in the Baltic Sea, northeast of the island of Rügen, within the 12-nautical mile zone of the Federal State Mecklenburg-Western Pomerania, Germany. In April 2018, Parkwind was successful in the offshore wind auction in Germany, launched by the Federal Grid Agency.

    Steelwind Nordenham GmbH, a Dillinger Group company, has been manufacturing monopiles and transition pieces in Nordenham since 2015, and now also produces “single-piece” monopile foundations with unit weights of up to 2,400 metric tons. The single-piece monopile foundation replaces the previous design with a separate monopile and transition piece by integrating certain parts of the transition piece into the monopile. The monopile can then be up to 120 meters long. The steel for the foundations comes from Dillinger – the European heavy plate market leader located in Saarland.

    Source : Strategic Research Institute
    Bijlage:
  2. forum rang 10 voda 10 juli 2020 15:31
    Metalloinvest Developing Automated Procurement Management System

    Metalloinvest is developing an automated procurement management system based on the B2B-Center electronic trading platform. Implementation of the system will enable the Company to manage supplier and contract life cycles, and make purchases on the electronic platform and through internet catalogues. Metalloinvest has carried out more than 100 tender procedures worth 400 million rubles in the first two months of operation on the platform. By the end of the year the Company plans to transfer the majority of its procurement to B2B-Center, including for raw materials and standard products through catalogues.

    5 thousand suppliers registered on B2B-Center have already received Metalloinvest’s accreditation. The Company checks the trustworthiness and legitimacy of the statutory documents of potential counterparties, as well as the absence of tax arrears, lawsuits, decisions on suspension of operations and conflicts of interest.

    Source : Strategic Research Institute
  3. forum rang 10 voda 10 juli 2020 15:33
    Baffinland Iron Mines signs Inuit Certainty Agreement with the Qikiqtani Inuit Association

    Baffinland Iron Mines Corporation announced the signing of an Inuit Certainty Agreement with the Qikiqtani Inuit Association on June 16th, 2020. The signing of the ICA represents an important milestone in the development of the Mary River Project and provides greater certainty to Inuit that, should the Phase 2 proposal be approved, operations at Mary River will be managed in accordance with Inuit Societal Values and include expanded financial benefits for Inuit. This agreement also strengthens the relationship between QIA and Baffinland and represents a reaffirmed commitment to the responsible development of the Mary River Project on Inuit Owned Lands.

    Earlier this year QIA and Baffinland began work to outline the process to reach agreement on commitments required to address concerns brought forward by Inuit during the Phase 2 environmental assessment process. The parties have since reached agreement on a series of commitments, primarily in respect of certain environmental, cultural, and economic matters related to the current operation as well as those outlined by the Phase 2 Project Proposal. The ICA introduces Inuit-led monitoring and governance initiatives that will ensure current and future operations respect Inuit values and ways of life through collaborative Inuit and Company efforts. This agreement places a high value on partnership and collaboration between Inuit and industry for mutual long term success.

    The commitments agreed to under the ICA will be incorporated into the Mary River Project Inuit Impact and Benefit Agreement and Commercial Lease.

    Source : Strategic Research Institute
  4. forum rang 10 voda 13 juli 2020 16:06
    SAIL Announces Results for 2019-20

    Steel Authority of India Limited announced its financial results for the financial year 2019-20. SAIL has earned a profit before tax of INR 3170.7 crore leading to profit after tax of INR 2021.5 crore in 2019-20. Company made a turnover of INR 61024.9 crore and its EBITDA per tonne of saleable steel improved from INR 7284 in FY’19 to INR 7869 FY’20. SAIL produced 16.15 million tonnes of crude steel in FY’20. The Company produced 15.083 million tonnes of salebale steel during FY’20 which is the best ever figure so far. SAIL also achieved the best ever 14.23 million tonnes annual sales during FY’20. The company’s strategies to increase market reach led SAIL to export 1.18 million tonnes in FY’20, making it the highest ever exports with 54% growth over CPLY.

    In FY’20 it also emerged as the largest miner for steel making input materials by mining a total of 32.406 Million Tonnes of iron ore, limestone and dolomite, coking coal and non-coking coal.

    Efficient plant operations led to improvement in the techno economic parameters also. SAIL registered the best ever annual Specific Energy Consumption of 6.47 GCal/Tonne of crude steel as against 6.50 GCal/TCS achieved in the previous year. The Blast Furnace Productivity was the highest ever at 1.80 Tonnes/cubic metre/day during FY’20 compared to 1.65 Tonnes/cubic metre/day in FY’19.

    Source : Strategic Research Institute
  5. forum rang 10 voda 13 juli 2020 16:07
    JSW Steel to Cut CAPEX in 2020-21 due to COVID19 Economic Impact

    Press Trust of India reported that concerned over uncertain market conditions, JSW Steel has decided to reduce its capex target for 2020-21 by about 45 per cent to INR 9,000 crore against its earlier plan of spending INR 16,340 crore, about 12 per cent lower compared to the company's INR 10,200-crore spend during 2019-20. In the company's annual report, JSW Steel CMD Mr Sajjan Jindal said the company has undertaken a detailed exercise to prioritise all planned and discretionary spends with the objective to conserve liquidity, ensure that strategic projects which are in advanced stages of completion are commissioned on priority basis

    The annual report for 2019-20 said "JSW Steel is cognisant of the risks that may impact its capital expenditure plans and has decided to recalibrate its capex plan for FY21. It now plans to spend INR 8,200 crore on project capex and another INR 800 crore to operationalise seven mines acquired through auctions in Karnataka and Odisha, versus the earlier capex guidance of INR 16,340 crore. . The investment will be made to develop infrastructure facilities and optimise logistics cost of transporting iron ore from mines to steel manufacturing units. This will significantly strengthen the company's ability to preserve margins.”

    The report added “The economic impact caused by pandemic has not only affected the new fiscal year's production target of the company but has also led to uncertainty in terms of availability of manpower, expertise to continue capacity expansion projects.”

    JSW Steel said Dolvi Works is expanding the capacity by 5 million tonnes to 10 million tonnes along with a captive power plant and coke oven plant. The company is also expecting to commission an 8 million tonnes pellet plant and wire rod mill at its Vijaynagar facility by mid of the current fiscal. The downstream modernisation and capacity enhancement projects in Vasind and Tarapur and colour coating plant at Kalmeshwar are expected to be commissioned in the second half of FY 2020-21.

    Source : Strategic Research Institute
  6. forum rang 10 voda 13 juli 2020 16:08
    SAIL BSL Issues Advisory as COVID19 Cases Surface in Bokaro Township

    The Telegraph reported that as many as 10 coronavirus cases have surfaced from various sectors of Bokaro Steel Township in the last 48 hours, heightening concerns among the Steel Authority of India Limited’s Bokaro Steel Limited’s management that has asked employees to adhere to a fresh set of guidelines that include regular temperature checks and working from home. The management has activated a number of its teams, including those from its fire services, water and public health, to begin sanitisation work immediately. BSL chief of communication Mr Manikant Dhan said “Effort is on to contain the virus and prevent it from spreading within the BSL township and plant. Sanitisation work is being done continuously in various areas of the township and plant. In the wake of the emerging situation, all employees have been advised to strictly abide by social distancing norms and hygiene guidelines at all times. Besides, employees have been told that they shall be allowed entry into office premises only if they come with a face mask. They will have to wear mask at all the times.”

    BSL has issued a fresh advisory for its employees and officials, depending on their place of stay. If an employee’s residence is within a containment zone, he/she has been asked to work from home. Employees joining duty have been asked to carry hand sanitizers. Temperature checks on employees are being carried out in various offices of BSL.

    Among the 10 new cases is a Bokaro Steel employee, a CISF man deployed at the plant, a district transport office staffer, a police sub-inspector and some residents of the township. Company officials are trying to ascertain whether the BSL employee who tested positive had visited the plant recently or not.

    Source : Strategic Research Institute
  7. forum rang 10 voda 13 juli 2020 16:08
    METI Forecasts 28% dip in Japanese Crude Steel Output in Jul-Sep Quarter

    Japanese Ministry of Trade & Industry announced that Japan's crude steel output is forecast to decrease 27.9 percent year on year to 17.7 million tonnes in the July-September quarter this year, reaching its lowest level in 11 years due to lower demand from major consumers amid the coronavirus pandemic. Domestic demand for finished steel is forecast to fall by 22.1 percent year on year in the given quarter to 11.97 million tonnes, while exports are expected to drop by 28.6 percent year on year to 5.3 million tonnes, recording their lowest level since the April-June quarter of 2009.

    Additionally, in the July-September quarter demand for ordinary steel from the construction sector is forecast to decrease by 13.5 percent to 4.53 million tonnes compared to the same quarter of the previous year. As regards the machinery sector, demand is anticipated to decline 33.1 percent year on year to 880,000 tonnes.

    Source : Strategic Research Institute
  8. forum rang 10 voda 13 juli 2020 16:09
    Electric Short Circuit Causes Major Fire at Vishwakarma Enterprises Steel Mill in Jagadhri

    Times of India reported that a major fire broke out at a steel factory namely Vishwakarma Enterprises on Link Road in Jagadhri town of Yamunanagar district in Haryana on Sunday, turning the entire unit into ashes. As per the information, the fire which broke out following heavy rain and electric short circuit is suspected to be the reason behind the incident. Factory owner Mr Naresh Kumar said he received the information early morning at about 6 AM that a fire had broken out in his factory and reached the spot. The fire brigade vehicles reached the spot and doused the flames after a struggle of about 2 hours.

    Yamunanagar fire officer Mr Parmod Duggal said “We received the information at 5.45 AM and the fire brigades were rushed to the spot from Jagadhri as well as Yamunanagar fire stations and we used foam to control the flames as it was oil which caused its outbreak. We managed to control the fire and cool it in about 2 hours of operation and nobody has received any injury in this incident.”

    Mr Parmod added “We will issue a notice to the factory owner as the unit did not possess any NOC from the fire department.”

    Source : Strategic Research Institute
  9. forum rang 10 voda 13 juli 2020 16:10
    Hunan Valin Xiangtan Orders BOF Sublance System from Danieli Corus

    Danieli Corus and Hunan Valin Xiangtan Iron & Steel have signed a contract for the design and supply of a sublance system with static dynamic BOF process control model. The system will be installed on one of the 80 tonne converters at BOF plant 2 of the steelmaking plant 1 in Xiangtan City in China. Sublance based process control offers BOF plants benefits in terms of higher hit rates, shorter tap to tap times and reduced consumption of utilities and fluxes increasing a plant’s technical as well as financial performance.

    This is the 140th sublance system supplied by Danieli Corus and the 90th in the Chinese steel industry.

    Source : Strategic Research Institute
  10. forum rang 10 voda 13 juli 2020 16:12
    Iranian Iron Ore Pellet Production in Q1 Exceeds 11 Million Tonnes

    Financial Tribune reported that latest data released by the Iranian Mines and Mining Industries Development and Renovation Organization showed that a total of 11.24 million tonnes of iron ore pellets were produced in Iran during the first quarter of the current Iranian year, March 20-June 20, to register a year on year decline of 2%.

    Voor meer, zie pdf.

    Financial Tribune
    financialtribune.com/articles/domesti...
    Source : Strategic Research Institute
    Bijlage:
  11. forum rang 10 voda 13 juli 2020 16:13
    TU Graz Physicists Study Steel Behaviour on Board ISS

    For many years, the Institute of Experimental Physics at Graz University of Technology in Styria in Austria and the Styrian industrial company Böhler Edelstahl have been conducting joint research on the surface tension and temperature dependence of different types of steel. Steel in particular is the focus of interest here, because it will be needed in metallic laser 3-D printing to produce steel components using this new remelting technology in the future. Conventional examination methods only work up to a certain upper temperature limit. At higher temperatures, problems can occur with the sample container, such as interactions between the container and the sample, and this would falsify the measuring results. This is why physicist Gernot Pottlacher and his research group use the method of levitation, which is used to study such materials. Mr Pottlacher said "This data is of great importance for both science and industry. It demonstrates how the material behaves when it is heated and cooled, that is, how it changes from the solid to the liquid phase and back again. We let the samples hover electromagnetically or electrostatically and thus avoid contact with the sample container. On Earth, gravity is not an insignificant component altogether, influencing the measuring results, but in space, this influence vanishes, allowing more accurate measurements to be made.”

    For the experiments, the Styrian team works together with Japanese and American researchers and uses the Electrostatic Levitation Furnacet. ELF is an experimental setup of the Japanese Aerospace Exploration Agency JAXA in the Japanese experiment module Kibo at the International Space Station. The sample is fed into the experimental unit and positioned accordingly. A laser then heats and melts the floating steel sample. Subsequently, various sensors measure the density, surface tension and viscosity of the molten material. When the material cools down again, the researchers can observe and measure this process closely, too. The experiment is controlled from Earth, where G Pottlacher and his team follow the event live while the data obtained is passed on directly via downlink.

    The L331 ELF experiment is a collaboration of various researchers and research institutions, in which in addition to the working group at Graz University of Technology, the following scientists are involved: Douglas Matson of Tufts University, Robert W Hyers of University of Massachusetts, Michael P Sansoucie of NASA Marshall Space Flight Center, Hirohisa Oda of Japan Aerospace Exploration Agency, Jannatun Nawer of Tufts University, Hideki Saruwatari of Japan Aerospace Exploration Agency, Chihiro Koyama of Japan Aerospace Exploration Agency, Wolfgang Schützenhöfer of voestalpine BÖHLER Edelstahl GmbH & Co KG and Siegfried Kleber of BÖHLER Edelstahl GmbH & Co KG.

    Source : Strategic Research Institute
  12. forum rang 10 voda 14 juli 2020 15:26
    Kobe Steel, Vale & Mitsui to Collaborate in Low CO2 Iron Making

    Kobe Steel Ltd, together with its wholly owned US subsidiary Midrex Technologies Inc, has reached a non-binding agreement with Vale SA, the world’s largest iron ore producer and Mitsui & Co Ltd to collaborate in providing low CO2 iron metallics and ironmaking solutions to the world's steel industry. The MIDREXK Process is the world’s leading direct reduction ironmaking technology, with MIDREX Plants producing more than 60% of the world’s direct reduced iron. Because the MIDREX Process uses natural gas or gas derived from coal to reduce iron ore for use in steelmaking, its CO2 emission level is lower than the blast furnace route. Kobe Steel considers that the MIDREX Process will play an important role in promoting this initiative.

    Kobe Steel is contributing to reducing CO2 emissions through various products, such as high tensile strength steel sheets for automotive weight reduction. However, as the CO2 emissions arising from the steel manufacturing process are also an issue from the standpoint of climate change, there is a growing need worldwide to reduce CO2 emissions in the steel industry.

    Source : Strategic Research Institute
    Bijlage:
  13. forum rang 10 voda 14 juli 2020 15:27
    Tata Steel UK opts for Furlough Retention Bonus

    Local media reported that Tata Steel UK has confirmed it will take advantage of the government's multi-million pound furlough retention bonus, meaning it could receive around GBP 2.7million from the British government. A spokesman told the FT “Our use of the furlough scheme allowed us to retain vital skills and experience within the company to not just keep the business going in these difficult times, but to prepare to serve our customers as they ramp up their operations too.”

    The Job Retention Bonus pays out GBP 1,000 for each furloughed employee who returns to work and is paid the lower earnings limit of GBP 520 per month between the end of the furlough scheme in October and the end of January 2021.

    Tata Steel furloughed around a third of its 8,000 UK employees at some stage during the pandemic

    Meanwhile the steel company said it is still in talks with the UK government to obtain a support financial package. Tata Steel UK has asked the UK government for a GBP 500 million loan.

    Source : Strategic Research Institute
  14. forum rang 10 voda 14 juli 2020 15:27
    RINL Refutes Media Report about COVI19 Status at Vizag Steel

    Rashtriya Ispat Nigam Limited announced that media report “Corona Virus has infected 14 members from Steel Plant during the last 24 hours” is incorrect and far from truth. In fact there is no official press release from RINL in this regard and neither any of reporter has confirmed the same from the Corporate Communications department officials in this matter. It is pointed out that these kind of unconfirmed reports & social media inputs from unauthorized personnel create misconceptions among employees and people at large and bring bad reputation to RINL and also to the credibility of newspapers & TV channels.

    RINL has reported its first corona virus positive employee case on 28-06-2020. An executive from SMS department came from Rajasthan who has held up at his native place during lockdown tested positive during his second corona test. Later few cases surfaced in Ukkunagram including dependents of the employees.

    So far in township only 6 cases are reported and as on date only 5 cases are active and all these 5 patients are undergoing treatment at government Covid hospitals in the city. In fact the first corona positive patient was discharged from hospital.

    In our outstation offices, 4 employees are tested positive. Besides above, two dependents of employees residing in Visakhapatnam city are also tested positive. One dependent i.e spouse of an employee was died due to co-morbid condition Diabetes Mellitus.

    RINL-VSP is taking all necessary measures to contain the spread of virus among residents of township. All the places in the township where active cases are identified are being sanitized. The relevant clusters in township apartment are barricaded to restrict the traffic in these areas.

    Source : Strategic Research Institute
  15. forum rang 10 voda 14 juli 2020 15:28
    Hoa Phat’s Blast Furnace Hit by Accident

    Local media reported a fire incident at its blast furnace No 1 on July 11 at the Dung Quat Complex of Vietnamese steel maker Hoa Phat Group, halting production. The producer immediately sprayed fire-fighting cooling water on the surrounding areas and the blast furnace automatically released the pressure valve at the top of the furnace to prevent an explosion of the equipment. Blast furnace has already been put back into operation and maintenance will take about two to three days,

    Supplies are not impacted.

    Source : Strategic Research Institute
  16. forum rang 10 voda 14 juli 2020 15:28
    TCS Modernises Information Technology System of Tata Steel Europe

    Tata Steel in Europe has signed a new five-year contract with Tata Consultancy Services to further modernise the company's IT services. The new contract includes significant upgrades of IT equipment, both hardware and software, and will further bring together different systems so the company can manage them more effectively. As well as major improvements for employees and customers, the new contract will also reduce the European business’ IT costs by almost 30%.

    In recent years, the company has created a range of digital services to improve its business and service to customers – everything from a new supply chain platform and new digital sales platforms to a new production system.
    The new contract recognises the revolutionary shift Tata Steel in Europe has seen over recent years as it further embraces digital services. For example, with the national coronavirus lockdowns in recent months, Tata Steel in Europe has seen a 40-fold (4,000%) increase in employees’ use of Microsoft Teams – a platform which allows colleagues to share work, talk to each other and stay connected.

    Source : Strategic Research Institute
  17. forum rang 10 voda 14 juli 2020 15:29
    JSW to idle Mingo Junction EAF - Report

    Argus reported that JSW Steel USA will idle its electric arc furnace flat-rolled steel mill in Mingo Junction in Ohio due to declining demand and pending upgrades. Market demand has taken a significant hit because of the virus, and the company will be taking the opportunity to begin the process of removing the current 1.5 million tonne per year EAF for replacement with a new Tenova Consteel EAF with the same capacity. Chief executive John Hritz said the company is completing existing orders and will likely close the EAF by the end of August

    Hritz would not say how long it would take to install the new EAF. He previously said he expected the upgrades to be completed in 2021.

    The upgraded EAF will allow the Mingo Junction mill to produce 12-inch slabs that will be supplied to the company's pipe and plate mill in Baytown, Texas, and other customers.

    Source : Strategic Research Institute
  18. forum rang 10 voda 14 juli 2020 15:30
    SMS Group Commissions Revamped Slab Caster at ArcelorMittal Asturias

    SMS group has successfully put back into service the two-strand slab caster No 2 at ArcelorMittal Asturias in Avilés in Spain, after completion of a comprehensive revamp. Thanks to the revamp carried out by SMS group, the continuous caster is now able to produce slabs with thicknesses of 235, 300 and 365 millimeters, 235 and 280 mm before the modification, and widths of 800 up to 2,200 millimeters, up to 1,600 millimeters before the modification. The caster is designed for an annual production capacity of up to 2.9 million tons of steel slabs.

    Just one month after the 14-week revamping period, the continuous caster had been ramped up to a daily production rate of over 100,000 tons of steel slabs. From the curved mold down to the runout section, the continuous caster has been completely rebuilt. Its metallurgical length has been increased from 33.2 to 36.7 meters. The modernized caster is designed for a maximum casting speed of 1.6 meters per minute.

    The slab caster has been fitted with the X-Pact Width Control system. This enables the width to be adjusted and the mold taper adapted automatically during production, without having to reduce the casting speed. In the process, the system takes into account the steel grade cast and the current casting speed. The original mechanical oscillator has been replaced with a hydraulic oscillation system, which enables the stroke length and the frequency to be modified during the casting process.

    The straightening segments and the segments in the horizontal section have been equipped with an online gap control system with position-controlled clamping cylinders.

    The new No 2 continuous slab caster operates with various X-Pact Level 2 process models for enhanced quality control. X-Pact Tech Assist monitors the temperature distribution in the strand shell. In this way, stickers can be detected and the risk of break-outs eliminated early in the process. In conjunction with the Dynamic Soft Reduction process model, X-Pact® Gap Control enables the slab to be specifically compressed in the final solidification zone to improve the internal microstructure.

    The cooling circuits for the mold, the casting machine and the spray cooling system have been completely renewed; the hydraulic equipment has been adapted and extended.

    Source : Strategic Research Institute
  19. forum rang 10 voda 14 juli 2020 15:31
    Mikhailovsky GOK Begins Pilot Production of Premium Iron Ore Pellets

    Metalloinvest’s Andrey Varichev Mikhailovsky GOK launched pilot production of premium quality iron ore pellets DR-grade to produce hot briquetted and direct reduced iron. Pilot batches of new pellets were delivered to Lebedinsky GOK and OEMK and are successfully undergoing industrial testing for the production of HBI and DRI. Following the results of testing, the technical and economic indicators of DR-grade pellet production will be refined. Based on these, a decision will be made on the commercial production of new batches. The total iron content in pellets is about 68% while the level of harmful impurities, silicon dioxide and sulphur, is extremely low, at 1.4% and 0.003% respectively, meeting the requirements of the global market for high-quality DR-grade pellets.

    Production of DR-grade pellets at Mikhailovsky GOK is the result of implementing flotation technology for the production of high-quality concentrate at the enterprise. In the course of a series of laboratory tests, Mikhailovsky GOK specialists developed production technology delivering flotation concentrate with an iron content of over 71% and silicon dioxide content of around 1% using raw materials supplied by Lebedinsky GOK. As a result of industrial tests at the flotation site, flotation iron ore concentrate was successfully produced in the planned volumes and at the planned consumption ratio. Then, the technology for producing iron ore pellets from flotation concentrate for the metallisation process was worked out at the pelletising unit.

    Source : Strategic Research Institute
    Bijlage:
  20. forum rang 10 voda 14 juli 2020 15:32
    Dongkuk Steel Mill to Add Wide Color Coating Line at Busan Plant

    South Korea’s Dongkuk Steel Mill Co will expand its color coated steel manufacturing facility at a cost of KWR 25 billion by the second half of 2021. It will add a color steel sheet producing line with an annual capacity of 70,000 tonnes at its Busan plant, which would increase its total output capacity from 760,000 tonnes at eight facilities to 850,000 tonnes at nine lines.

    The company said that for the first time in the world the new color steel plate line will be composed of a wide line of 1,600 mm that combines laminate steel plate and UV coating processes.

    Dongkuk Steel Mill is planning to make customized high value-added color steel sheets such as fluorine lamina steel plates and new products via the combination of digital printing and UV coating technology at this line.

    Source : Strategic Research Institute
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