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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,570 25 apr 2024 13:59
  • -0,070 (-0,30%) Dagrange 23,500 - 23,690
  • 749.063 Gem. (3M) 2,5M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 1245 1246 1247 1248 1249 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 29 december 2020 15:21
    Chhattisgarh Government to Buy Nagarnar Steel Plant

    ANI reported that Chhattisgarh Chief Mr Minister Bhupesh Baghel, during a discussion on the government resolution in the Chhattisgarh Legislative Assembly, said the state government will not let the Nagarnar Steel Plant go into private hands and will run it itself. After the announcement of the Chief Minister, the government resolution titled This House requests the Central Government not to disinvest the Nagarnar Steel Plant in Bastar district, established by NMDC, a Government of India undertaking. In the event of disinvestment, the Government of Chhattisgarh agrees to buy it was passed unanimously. The Chief Minister said that “The people of Bastar have an emotional attachment to it. The land was given to the public sector undertaking, the mine was also given to National Mineral Development Corporation on the condition that it would set up a steel plant here. This was the intention of the state government as well as the people. There were frequent movements regarding this.”

    Chhattisgarh government said the passage of the proposal was necessary because the Centre is preparing for the disinvestment of this plant and is ready to complete it by September 2021 and in this case, mine has been separated from NMDC by demerger.

    Wikipedia Sourced - Government of India under Ministry of Steel is setting up a 3 million tonne capacity greenfield Integrated Steel Plant based on Hi-Smelt technology in Nagarnar, located 16 km from Jagdalpur in Chhattisgarh state with an estimated outlay of INR 21500 crore. Ministry of steel has engaged MECON under a contract dated 23 February 2011 for Engineering, Design and Consultancy services for upcoming Steel Plant Nagarnar. The entire plant is installed in less than 1,800 acres of land and has the following major facilities

    Coke Oven & By Product Complex

    Sinter Plant - 460 square meters

    Blast furnace complex - 4,506 cubic meters

    Pig Casting Machine – 1700x3 tonnes per day

    Steel Melting Shop – 175x2 tonne BOF Converters

    Ladle furnace- 175x2 tonnes

    RH-OB – 175x2 tonnes

    Thin Slab caster - 2 Strand CC

    HSM - 2RM+4FM+2 Down Coiler

    Hot strip finishing train - 6 strands

    HRC – .0-10 mm thickness x 900-1650 mm width

    It is planned to roll out the first HR coils from the plant from July 2021.

    Source - Strategic Research Institute
  2. forum rang 10 voda 29 december 2020 15:21
    Belgian Stockholder VM Steel Create VM Steel Maroc

    According to media reports, Belgium based VM Steel and Morocco based K Steel Service Senhadji & Trade will jointly create VM Steel Maroc. The company will take over all of the activities of K Steel and will supply specialized metallurgical products to its customers. The company said it will ensure short delivery times for a wide range of products thanks to its warehouses located next to Antwerp Port in Belgium. With two warehouses of 5,000 square meters and 15,000 square meters located next to the port of Antwerp, VM Steel can ensure very short delivery times for a whole range of products ranging from ordinary steels to the most specialized alloys.

    VM Steel is a Belgian family company and member of the Van Meerbeek group founded in 1875 is present in 100 countries around the world. It operates in several other categories including fertilizers, gas, oil, food processing, chemistry, biochemistry, boiler making, mining, cement plants and renewable energies. Other than standard grades of carbon steel and stainless steel, VM Steel also stocks a range of flat, long and tubular products in specialised stainless steel AISI 904L, highly resistant to corrosion and used, among other things, in the production and transport of sulphuric acid and phosphoric acid.

    Source - Strategic Research Institute
  3. forum rang 10 voda 29 december 2020 15:22
    Malaysian AD Duties on CR Stainless Steel fromIndonesia & Vietnam

    Malaysia has imposed provisional anti-dumping duties ranging from 7.73% to 34.82% on imports of cold rolled stainless steel in coils, sheets and any other form from Indonesia and Vietnam. Malaysia’s Ministry of Trade and Industry has found sufficient evidence for further investigation from its preliminary anti-dumping determination concerning imports of such products from the two countries. The duties will be applied on imports of subject merchandise from the countries and will be effective not more than 120 days from Dec 26, 2020. A final determination will be made no later than April 23, 2021.

    Malaysian government initiated the anti-dumping investigation on July 28 2020 based on a petition by Bahru Stainless Sdn Bhd, the sole domestic producer of such products in accordance with the Countervailing and Anti-Dumping Duties Regulation 1994. In the petition, Bahru Stainless claimed that the price of the products imported from the two countries are lower than the selling price in their domestic market and caused material injury to the domestic industry in Malaysia.

    Source - Strategic Research Institute
  4. forum rang 10 voda 29 december 2020 15:23
    Egyptian Steel Makers Hike Rebar Prices

    Local media reported that Egyptian steel mill Ezz Steel and its subsidiary Al Ezz Dekheila Steel have raised the price of steel rebars by EGP 1,000 per tonne (USD 64) to EGP 13,654 per tonne (USD 870) including VAT. The move is very much aligned with iron ore prices surging closer towards a 10 year high. On a cumulative basis, the price hike amounts to 35% since 19 November.

    Crude steel production in Egypt increased in November 2020, marking a third month of growth in a row. In November Egypt increased crude steel output by 11.2% YoY, reaching 672,000 tonnes. Growing confidence in the rebar segment continues to be the main driver of the positive trend. Nevertheless, the existing structural problems in the Egyptian construction sector continue to bother Egyptian steel industry.

    Source - Strategic Research Institute
  5. forum rang 10 voda 29 december 2020 15:26
    NLMK Supplies Slag Crushed Stones for Central Ring Road in Moscow

    NLMK Lipetsk has supplied 2 million tonnes of slag crushed stones to DSK Avtoban for building the fourth section of Moscow’s Central Ring Road that opened on 28 December 2020. NLMK Lipetsk supplied a total of 4.5 million tonnes of raw materials for the third and fourth sections of the road. NLMK Lipetsk’s convenient location and advanced crushing equipment have enabled it to provide year-round supplies for the construction project over the course of three years.

    Crushed stone made from blast furnace slag has similar strength characteristics to those of natural crushed rock. Maintaining warehouse stocks of the material enables prompt and regular supplies to construction projects. In addition, blast furnace slag is a safe man made raw material that helps conserve natural resources.

    NLMK Lipetsk has custom developed a BF slag-based mix especially for DSK Avtoban’s road base course installation marvel-b1-cdn.bc0a.com/f0000000020959...

    Source - Strategic Research Institute
  6. forum rang 10 voda 29 december 2020 15:27
    ADNOC Takes Izhora Pipe Plant as Supplier of Large Diameter Pipes

    Severstal’s Izhora Pipe Plant has received the status of a qualified supplier of large diameter pipes from the state oil company of the United Arab Emirates ADNOC. In accordance with the successfully passed qualification, the full assortment of large diameter pipes produced by Izhora Pipe Mill with a diameter of 20-56 inches, strength classes up to API5L X80, with outer and inner coating, meets the ADNOC requirements and can be used in the company's projects. According to Severstal forecasts, the volume of consumption of ADNOC pipe products can reach about 250 thousand tonnes per year, including large diameter pipes for transporting oil with a high hydrogen sulfide content.

    Izhora Pipe Mill, built in 2006 & located in Izhora Plants Industrial Zone in Kolpinsky District of St Petersburg in Russia, produces straight seam electric welded pipes with external and internal coatings. External diameter of pipes ranges between 508 and 1420 mm, and maximum pipe length is 18.3 meters. Annual production volume is up to 600 thousand tonnes. Izhora Pipe Mill supplied pipes for the second phase of the East Siberia Pacific Ocean pipeline in 2011, second phase of the Polar Region Purpe pipeline repair, second line of Nord Stream, first and second lines of Ukhta-Torzhok, Bovanenkovo-Ukhta, Pochinki-Gryazovets and Sakhalin-Khabarovsk-Vladivostok pipelines in 2011. In 2012 Izhora Pipe Mill supplied pipes second phase of Bovanenkovo-Ukhta pipeline, Ukhta-Torzhok and Sakhalin-Khabarovsk-Vladivostok main pipelines, Southern Corridor gas pipeline system of Power of Siberia

    ADNOC is the 11th largest oil producer in the world and the largest in the UAE. The company operates along the entire hydrocarbon value chain, from exploration, production, storage, distribution and refining to the development of a wide range of petrochemical products. ADNOC is headquartered in Abu Dhabi in UAE.

    Source - Strategic Research Institute
  7. forum rang 10 voda 29 december 2020 15:27
    Mexico Increases Quota for Import of CR Steel from South Korea

    South Korean media reported that Mexico has agreed to increase its import quota of South Korean cold rolled steel products. South Korea's foreign ministry confirmed that Mexico will import 662,000 tonnes of cold rolled steel sheets in 2023, up from 548,000 tonnes in 2019.

    The move came after South Korean Deputy Foreign Minister Mr Kim Gunn made the request for an import quota hike of cold rolled steel sheets during his visit to the Latin American country in October 2020.

    www.iex.nl/Forum/Topic/1303314/414/Ni...
  8. forum rang 10 voda 29 december 2020 15:28
    Severstal Completes Environmental Facilities at Blast Furnace 3

    Russian steel giant Severstal has completed the construction of environmental facilities as part of the blast furnace No 3 reconstruction project. The reconstruction project provides for the maximum environmental friendliness of pig iron production along the entire process chain and sources using the best available technologies. The main object of the dust and gas collection system is the aspiration system and gas cleaning. The aspiration system provides for air purification from dust from workplaces and technological operations. Gas cleaning, in turn, provides cleaning of blast furnace gas. The main technological operations, during which the release of pollutants into the atmospheric air from the DP-3 complex, is the preparation and metering of charge materials, loading of the charge into blast furnaces, and the operation of the foundry. Through the shelters of places of dust and gas formation, the aspiration suction system with regulating and shut-off valves takes the polluted air and gas for cleaning.

    The suction valves are controlled automatically. The process is organized from the places of discharge of cast iron and slag, a skimmer, side suction from the tap holes and umbrellas above the tap holes. Since the release of smelting products is carried out simultaneously from only one tap hole, suction from other tap holes is cut off. The operating mode of the valves is synchronized with the operating mode of the casting yard equipment.

    To prevent emissions of pollutants into the atmosphere when loading material into the furnace through a non tasting charging device, suppression of emissions from the charging device with compressed nitrogen is provided, with the help of which dirty blast furnace gas is blown under the furnace top. Dust-laden air from the intake chamber of the bell less loader will be directed to the manifold of the new central exhaust station. Dust removal from the aspiration air will be carried out with bag filters. The filter consists of 1056 sleeves, 10 m each. The bag filters of the supplier are characterized by their compactness, a larger filtration area, so they can work effectively in confined spaces. Residual dust content in the air will be no more than 8 mg per cubic meter. The discharge will be carried out through an 80 meter high chimney. The total cost of the aspiration system project is RUB 850 million, which is 2.5% of the total cost of the DP-3 reconstruction project.

    www.iex.nl/Forum/Topic/1303314/414/Ni...
  9. forum rang 10 voda 29 december 2020 15:30
    Byelorussian Steel Works Increases Steel Export to Romania

    Byelorussian Steel Works exported more than 33 thousand tonnes of products to Romania in January-October 2020, up by 189% YoY, with major growth recorded for structural steel, wire rod, seamless pipes and bronzed bead wire. BMZ said “This increase in sales became possible due to the changes in the Romanian domestic market. In particular, due to the decline in steel production in the EU countries, caused by the ongoing epidemiological measures, the demand for imported steel products has increased in Romania. BMZ promptly responded to it, with the support of the subjects of its own distribution network.”

    In monetary terms, the volume of shipments of the plant to Romania for 10 months of this year amounted to almost USD 21 million, which allowed Romania to come close to the TOP 10 key importers of BMZ products. This year the leaders in this rating are Russia, Germany and Israel. BMZ exported more than 800 thousand tonnes of metal products to 23 EU countries in January-October,, which corresponds to the level of 2019.At the same time, the plant was able to significantly improve its position in the markets of Finland, France, Romania and Austria.

    Source - Strategic Research Institute
  10. forum rang 10 voda 29 december 2020 15:31
    Japanese Steel Exports in January-November 2020 Shrink by 10% YoY

    Japan Iron and Steel Federation’s latest data shows that Japan’s iron and steel product exports amounted to 2.43 million tonnes in November 2020, down 2.5% MoM & 10.4% YoY. Japan’s iron and steel product exports amounted to 29.57 million tonnes in the January-November period 2020, down by 4.7% YoY

    Japan’s iron and steel exports to South Korea in the first 11 months of 2020 totalled 4.46 million tonnes, down 11.3% YoY, while exports to China increased by 18.4% YoY to 5.47 million tonnes & exports to Taiwan amounted to 2.29 million tonnes, up by 13% YoY. Exports to Thailand totalled 3.35 million tonnes, down by 30.2% YoY while exports to the US totalled 824,585 tonnes, down by 31.2% YoY.

    Source - Strategic Research Institute
  11. forum rang 10 voda 29 december 2020 15:32
    US Steel Production Capacity Utilization Dips in Week 52

    American Iron & Steel Institute announced that in the week ending on December 26, 2020, US’s domestic raw steel production was 1,600,000 net tons while the capability utilization rate was 72.3%. Production was 1,815,000 net tons in the week ending December 26, 2019 while the capability utilization then was 78.5%. The current week production represents 11.8% decrease from the same period in the previous year. Production for the week ending December 26, 2020 is down 1.2% from the previous week ending December 19, 2020 when production was 1,619,000 net tons and the rate of capability utilization was 73.2%.

    Adjusted year to date production through December 26, 2020 was 78,739,000 net tons, at a capability utilization rate of 67.7%. That is down 17.7 percent from the 95,709,000 net tons during the same period last year, when the capability utilization rate was 79.8%.

    Broken down by districts, here’s production for the week ending December 26, 2020 in thousands of net tons: North East: 138; Great Lakes: 576; Midwest: 170; Southern: 646 and Western: 70 for a total of 1600.

    Source - Strategic Research Institute
  12. forum rang 10 voda 29 december 2020 15:55
    JFE Steel 1.5 GPa CR Steel Adopted in Vehicle Structural Parts

    JFE Steel Corporation announced that its 1.5 GPa grade, 1470 Mega Pascal, high tensile strength cold rolled steel sheets are now being utilized in vehicle body structural parts, the world’s first such adoption in a cold press forming application. This constitutes the highest strength of vehicle body structural parts obtained through cold press forming. The steel sheets are being utilized in several applications by automakers, and JFE Steel has begun supplying these sheets to auto parts suppliers.

    In order to protect vehicle occupants in the event of a collision and improve fuel economy through weight reductions, efforts are on going to increase the strength of vehicle body structural parts. JFE Steel’s 1.5 GPa grade high-tensile strength cold-rolled steel sheets are already being utilized in parts with simple shapes, such as bumpers and door impact beams. However, the adoption of high tensile strength cold-rolled steel sheets for vehicle body structural parts with complex shapes has been limited to the 1310MPa grade until now, because increasing the strength of sheets can result in decreased cold press formability and delayed fracture resistance. To overcome with these issues, the adoption of 1.5 GPa grade high-tensile strength steel sheets through a hot press forming process2 is becoming more widespread. However, this requires the steel to be heated to high temperature and then maintained at constant temperatures for cooling, which decreases the number of parts that can be pressed per unit of time. Improvements have therefore been desired from a number of perspectives, including manufacturing costs.

    With the new 1.5 GPa grade steel sheets, the high cooling capacity of the proprietary water quenching method based continuous annealing process line located at JFE’s West Japan Works in Fukuyama District was used to reduce the addition of alloy elements and minimize non uniformity of the steel sheet microstructure. As a result, particularly high yield strength and delayed fracture resistance were simultaneously realized even with the 1.5 GPa grade high tensile strength steel sheets while maintaining cold press formability equivalent to that of 1310 Mega Pascal grade sheets. This enabled the utilization of the 1.5 GPa grade high tensile strength steel sheets in vehicle body structural parts through a low cost cold press forming process.

    Source - Strategic Research Institute
  13. forum rang 10 voda 29 december 2020 15:57
    Baosteel Develops 2100 MPa Bridge Cable Wire

    Baosteel has recently developed and trial produced 2100 Mega Pascal and 2160 Mega Pascal multi alloy coated bridge cable wires. All of the performance indexes, as appraised by scientific and technological achievements in Shanghai, meet the engineering application standards and reach the international advanced level and will better meet the needs of large-span high tech bridge construction.

    This is another success after Baosteel's 2060 Mega Pascal bridge cable wire reached the highest strength grade in the world. 2060 Mega Pascal grade steel was developed by Baosteel in 2020, which completed the second batch of 800 tonnes of cable steel wire trial production and passed the evaluation. Baosteel has signed a supply contract of nearly 10,000 tonnes of wire rods and wires for Lingdingyang Bridge of the Shenzhen Zhongshan Transportation Project.

    Source - Strategic Research Institute
  14. forum rang 10 voda 29 december 2020 15:59
    Slag Pit Eruption at Hamilton BF 4 of ArcelorMittal Dofesco

    At approximately 11:10 AM on December 25 a slag pit eruption occurred at the No 4 Blast Furnace at ArcelorMittal Dofesco’s Hamilton plant. The incident was a series of eruptions that occurred during the Slag Casting process, when slag and molten iron from the Blast Furnace are separated and the slag is cast. In this case liquid slag & iron came into contact with moisture which caused the eruptions. The reaction was between water and primarily liquid iron and would have been comprised of mostly iron, iron oxide and water vapour, as well as silica, calcium, magnesium, carbon dioxide, and carbon monoxide. Thankfully there are no injuries. However the event caused a significant air emission. Ministry of Environment, Conservation and Parks have been alerted. Both ArcelorMittal and Hamilton Fire attended. Hamilton Fire has now left. The site is secure.

    Sheri Ovis, a resident living nearby, told CBC Toronto that she heard bangs and it felt like three loud shockwaves. We went outside and saw the huge cloud of brown rusty coloured smoke. Other residents from Hamilton, Stoney Creek and Burlington reported hearing the blast, and some said it sounded like bombs going off.

    Source - Strategic Research Institute
    Bijlage:
  15. forum rang 10 voda 30 december 2020 15:22
    Indian & Pakistani Steel Associations Defend Price Increase

    After unprecedented increase in steel prices, which have made steel users to raise red flag, large steel mills associations in India & Pakistan are justifying the steel price increases denying the charges of profiteering. The Indian Steel Association informed the Prime Ministers Office “We would like to highlight some of the very serious and compelling reasons which have left the steel industry with no recourse but to raise prices of steel from time to time. As India is an open economy, the steel prices in India move in sympathy with the international prices. The Indian steel prices even though have gone up is still at a discount to that of international prices. The Indian Steel Industry is currently facing very testing times as the iron ore supply has been badly squeezed and at the same time, the prices of iron ore have shown an unprecedented rise in both national and international markets. The primary reason behind the adjustment of prices has been on account of the sharp rise in iron ore. We would like to make it clear that it is never our intention to indulge in profiteering, nor in taking any undue advantage of the prevailing market situation. As a responsible sector of the economy, we are deeply committed to the all-round development of our nation and we are hopeful that the situation will improve in the near future.”

    The Indian Steel Association suggested “A temporary ban of iron ore export for a 6 month period till the situation stabilises is the need of the hour. This will help the domestic steel industry by increasing the availability of iron ore in the country.”

    Similarly, Pakistan Association of Large Steel Producers rejected the statements made by the Chairman of Association of Builders and Developers accusing steel sector cartelization or conspiring against the PM's Naya Pakistan Housing Scheme. Pakistan Association of Large Steel Producer said "The Pakistan Association of Large Steel Producers wants to make it clear that the most recent increase in the prices of steel bars is a result of drastic increase in steel melting scrap prices internationally. This phenomenon is not confined to Pakistan as it is happening the world over and is due to shortage of scrap in the international market caused mainly by Covid related supply chain disruptions but also due to heavy snowfall in many countries, which reduces the collection of scrap. Statements made by ABAD are completely illogical.”

    Source - Strategic Research Institute
  16. forum rang 10 voda 30 december 2020 15:23
    Chinese Steel Sector Urged to Limit Steel Output in 2021

    Xinhua news agency reported that China’s Industry and Information Technology Minister Mr Xiao Yaqing has called on the Chinese steel sector, as an energy intensive industry, to resolutely reduce output and ensure there is a year-on-year decline in 2021. Speaking at an annual work conference, Mr Xiao noted “China has managed to reach its goal of shutting 150 million tonnes of annual steel capacity ahead of schedule in the current Five Year Plan period covering 2016-20 and achieved a significant drop in carbon intensity. However, low carbon operations, energy saving and green manufacturing remain priorities in the year ahead A new set of measures on implementing capacity swaps in the steel sector would be released in 2021.”

    The report did not provide further details. In China, steel mills are unable to launch any new capacity unless an equal or bigger volume of old capacity has been shut.

    China is set to churn out more than 1 billion tonnes of crude steel for the first time in 2020 and a government consultancy recently estimated output would rise a further 1.4% in 2021 amid rapid economic growth and increased fixed-asset investment.

    The last time annual steel output in China fell was in 2015.

    Source - Strategic Research Institute
  17. forum rang 10 voda 30 december 2020 15:25
    Hyundai Steel Develops First Safety Valve for BF Gases

    Korea Herald reported that South Korea’s No 2 steelmaker Hyundai Steel is the first company in the world to develop a technology that can completely eliminate emissions from its blast furnaces. It has successfully purified hazardous gas inside a blast furnace using the First Safety Valve, during the process of re ventilating hot air inside the furnace after general maintenance. After toxic gas emissions at its furnace breathers were pointed out by environmental groups in March 2019, Hyundai Steel immediately got in contact with a European engineering company and developed the valve in three months. The safety valve measures 1.5 meters in diameter and 223 meters in length, and Hyundai Steel has also applied for a patent in Europe.

    Hyundai Steel has installed the First Safety Valve in all of its furnaces throughout the country, after first testing the technology at Dangjin Integrated Steelworks in South Chungcheong Province in January.

    Source - Strategic Research Institute
  18. forum rang 10 voda 30 december 2020 15:27
    Jindal Stainless (Hisar) Ltd Merges into Jindal Stainless Ltd

    The Board of Directors of Jindal Stainless Limited and Jindal Stainless (Hisar) Limited have accepted the recommendations of the respective Board Committees and approved the merger of Jindal Stainless (Hisar) Limited into Jindal Stainless Limited. As per the approved share swap ratio, 195 equity shares of Jindal Stainless Limited will be issued for every 100 equity shares of Jindal Stainless (Hisar) Limited.

    Post the merger, Jindal Stainless Limited will be the single listed entity on the stock exchanges and the promoter holding will be about 57%, while the remaining 43% will be held by the public. As per the proposed structure, the mobility business of JSL Lifestyle Limited, a domestic subsidiary of Jindal Stainless (Hisar) Limited, would be merged into Jindal Stainless Limited. Non-mobility businesses would be carved out as a separate new entity, named Jindal Lifestyle Limited. Post restructuring, Jindal Stainless Steelway Limited and Jindal Lifestyle Limited will operate as Indian subsidiaries, while overseas operational subsidiaries of Jindal Stainless Limited in Spain and Indonesia will continue to operate as business units of merged Jindal Stainless Limited. With the appointed date of April 1, 2020, the merger process is expected to be completed in H2 FY22. The merger is subject to approvals from statutory authorities, shareholders, creditors, and NCLT.

    Jindal Stainless (Hisar) Limited is an integrated stainless steel manufacturer with facilities starting from melting, casting, and hot rolling to cold rolling and other value additions. Jindal Stainless (Hisar) Limited has a melt capacity of 0.8 million tonnes per annum. Jindal Stainless Limited is the largest manufacturer of stainless steel in India with a capacity of 1.1 million tonnes per annum. Merger of Jindal Stainless (Hisar) Limited into Jindal Stainless Limited will create a mega stainless steel entity that will be among the top 10 stainless steel companies in the world and the largest stainless steel company in India.

    Source - Strategic Research Institute
  19. forum rang 10 voda 30 december 2020 15:28
    Danieli Guide Equipment Increases Productivity at Viraj Profile

    Danieli Service has supplied new guide equipment for the rolling of equal angles and flats to Indian stainless steel long product producer Viraj Profiles mill located in the Mumbai Area. The scope of supply consisted of entry and exit guides for the intermediate and finishing mill. The Danieli Rolling Guides team developed a new series of roller type entry & exit guides, which allows Viraj profile do deliver a scratch free finished rolled stock. The installation of the Danieli roller guides allowed the stainless-steel producer to achieve a reduction of downtime and consequent increase of productivity of as high as 25% as well as an extension of the product portfolio.

    Furthermore, Danieli Service is now implementing a new cut to length area, fully equipped with in-line straightener and cold shear.

    Source - Strategic Research Institute
  20. forum rang 10 voda 30 december 2020 15:33
    US CVD Review Results for CTL Plates from South Korea

    US Department of Commerce determined that Hyundai Steel Co and certain other producers & exporters of certain cut to length plate from South Korea received countervailable subsidies that are above de minimis and that Dongkuk Steel Mill Co Ltd received a de minimis net subsidy rate during the period of review January 1, 2018 through December 31, 2018.

    On March 6, 2020, US DOC published the Preliminary Results of this administrative review. On September 2, 2020, the Korean Government, Hyundai Steel and Dongkuk Steel Mill submitted timely filed rebuttal briefs. On November 2, 2020, Commerce further extended the final results of this review by 28 days to December 18, 2020. Based on the comments received from interested parties and record information, DOC have made changes to the net subsidy rates calculated for the mandatory respondents. DOC determined that the following total estimated net countervailable subsidy rates exist for the period January 1, 2018 through December 31, 2018

    Subsidy rate ad valorem %

    Dongkuk Steel Mill Co Ltd - 0.28 de minimis

    Hyundai Steel Company - 0.50

    BDP International - 0.50

    Sung Jin Steel Co Ltd - 0.50

    The merchandise covered by the order is certain hot rolled carbon quality steel plate. The merchandise subject to the order is currently classifiable in the HTSUS under subheadings: 7208.40.3030, 7208.40.3060, 7208.51.0030, 7208.51.0045, 7208.51.0060, 7208.52.0000, 7208.53.0000, 7208.90.0000, 7210.70.3000, 7210.90.9000, 7211.13.0000, 7211.14.0030, 7211.14.0045, 7211.90.0000, 7212.40.1000, 7212.40.5000, 7212.50.0000, 7225.40.3050, 7225.40.7000, 7225.50.6000, 7225.99.0090, 7226.91.5000, 7226.91.7000, 7226.91.8000, 7226.99.0000.

    Source - Strategic Research Institute
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