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Home  /  Forum  /  Arcelor Mittal  /  Nieuws en info hier plaatsen (deel 4)

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Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

  • 23,830 19 apr 2024 17:35
  • +0,030 (+0,13%) Dagrange 23,440 - 23,880
  • 2.845.773 Gem. (3M) 2,4M

Nieuws en info hier plaatsen (deel 4)

35.173 Posts
Pagina: «« 1 ... 1368 1369 1370 1371 1372 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 5 augustus 2021 10:13
    US Steel Imports in July Slip MoM

    Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis data, the American Iron and Steel Institute reported that steel import permit applications for the month of July totaled 2,786,000 net tons. This was an 8.2% decrease from the 3,036,000 permit tons recorded in June and a 3.8% decrease from the June preliminary imports total of 2,897,000 net tons. Import permit tonnage for finished steel in July was 1,879,000, down 6.9% from the preliminary imports total of 2,018,000 in June. For the first seven months of 2021 (including July SIMA permits and June preliminary imports), total and finished steel imports were 17,474,000 net tons and 11,874,000 net tons, up 15.7% and 18.5%, respectively, from the same period in 2020. The estimated finished steel import market share in July was 20% and is 19% year-to-date.

    Finished steel imports with large increases in July permits vs. the June preliminary imports include sheets and strip all other metallic coatings (up 39%), mechanical tubing (up 29%), sheets and strip galvanized hot dipped (up 19%) and reinforcing bars (up 10%). Products with significant year-to date increases vs. the same period in 2020 include hot rolled sheets (up 66%), hot rolled strip (up 56%), light shapes bars (up 55%), plates in coils (up 44%), cut lengths plates (up 42%), sheets and strip all other metallic coatings (up 40%), wire rods (up 39%), wire drawn (up 22%), hot rolled bars (up 17%), heavy structural shapes (up 14%) and sheets and strip galvanized hot dipped (up 11%).

    In July, the largest finished steel import permit applications for offshore countries were for South Korea (250,000 NT, down 9% from June preliminary), Vietnam (99,000 NT, up 162%), Turkey (78,000 NT, down 20%), Japan (71,000 NT, down 40%) and Taiwan (65,000 NT, down 23%). Through the first seven months of 2021, the largest offshore suppliers were South Korea (1,581,000 NT, up 23% from the same period last year), Japan (591,000 NT, up 22%) and Turkey (507,000 NT, up 35%).

    Source - Strategic Research Institute
  2. forum rang 10 voda 5 augustus 2021 10:17
    Tenova Walking Beam Furnaces for Ternium at Pesqueria in Mexico

    Tenova successfully started up two 400 tonnes per hour walking beam furnaces at the new Ternium hot strip mill facility, located in Pesqueria Mexico. The advanced features of the two state-of-the-art technology WBFs provide reduced emissions and energy savings. The furnaces are designed to heat steel slabs up to 39 tonnes at 1,250 degree Celsius, with a specific consumption of 1.16 MJ/Kg, while keeping NOx emissions lower than 60 ppm. This emissions level is well below the required limit, like no other solutions available on the market.

    The furnaces features include the novel SmartBurner Monitoring System, which enables the monitoring and optimizing of the burner’s performance, operation and maintenance. The SBMS is a network of embedded sensors connected to the Tenova Digital Infrastructure, through secure connection protocols and intrinsic system reliability. The collected data is post-processed locally on an edge computing unit as well as remotely on the Tenova Cloud. By constantly monitoring the status of the burner, the SBMS offers breakthrough approaches to inspection, maintenance and tuning, as well as reducing safety risks related to on-site operations.

    Source - Strategic Research Institute

  3. forum rang 10 voda 5 augustus 2021 10:17
    Reliance Steel & Aluminum to Acquire Merfish United

    Reliance Steel & Aluminum Co has entered into a definitive agreement to acquire Merfish United, a leading master distributor of tubular building products in the United States, from One Equity Partners, a middle market private equity firm. Headquartered in Ipswich, Massachusetts, Merfish United serves 47 US states through its twelve strategically located distribution centers. Merfish United’s broad product offering includes full lines of steel pipe, copper tubing, plastic pipe, electrical conduit and related products for the commercial, residential, municipal and industrial building markets. The Company’s strong customer relationships, which are structured through national accounts, buying groups and independent wholesale distribution customers, support the plumbing and heating; pipe, valve and fittings; heating, ventilation and air conditioning; waterworks; fire protection; pool supply; lumber yard; fence; steel service center and electrical supply markets. A proprietary fleet of approximately 65 trucks provides Merfish United with competitive advantages, including timely deliveries to meet its customers’ needs. For the twelve months ended June 30, 2021, Merfish United’s net sales were approximately USD 500 million.

    The acquisition of Merfish United supports Reliance’s customer, product and geographical diversification strategy and significantly increases its exposure to copper and plastic products. In addition, Merfish United will help position Reliance in the adjacent industrial distribution space and create a platform for further growth in this area, both organically and through future acquisitions.

    The transaction is expected to close within the next 60 days, subject to regulatory approval and customary closing conditions. The current Merfish United team, including management, is expected to remain in place post-closing. The terms of the transaction were not disclosed.

    Source - Strategic Research Institute
  4. forum rang 10 voda 5 augustus 2021 10:18
    Ternium Announces Strong Recovery in H1 of 2021

    Ternium's steel shipments in the first half of 2021 were 6.2 million tonnes, up 720,000 tons compared to shipment levels in the same period in 2020 mainly reflecting the impact of the COVID-19 outbreak in the prior-year first half. Shipments in the first half of 2021 increased 22% in Mexico and 74% in the Southern Region, and decreased 22% in the Other Markets region as the company's slab facility in Brazil increased its integration with other Ternium's mills.

    EBITDA per tonne increased USD 305.2 YoY in the first half of 2021 to USD 401.7, mainly due to higher steel prices, partially offset by higher cost per tonne. The increase in cost per ton mainly reflected higher cost of raw materials, purchased slab and energy, and higher maintenance expenses, partially offset by the positive impact on costs of higher mill utilization rates.

    The company's net income in the first half of 2021 was USD 1.6 billion on operating income of USD 2.2 billion

    Ternium expects continued solid financial performance throughout the remainder of 2021, largely due to the currently strong global steel market environment. The company anticipates EBITDA to increase sequentially in the third quarter, along with a higher margin and increased volumes. Realized steel prices in the third quarter are expected to continue increasing in all regions, partially offset by higher cost per ton due to higher raw material costs gradually flowing through the company's inventories.

    In Mexico, Ternium is ramping up a new flat steel hot-rolling mill at its industrial center in Pesquería after a successful start-up in May 2021. To meet continued strong demand for steel products in the region, Ternium anticipates this new facility to increase the company's offering of high-quality steel products by approximately 600,000 tons over the remainder of the year.

    In Argentina, the company expects shipments to remain relatively stable in the third quarter of 2021 compared to the second quarter of the year, supported by sustained domestic demand for building materials and higher activity levels in certain industrial sectors, including automotive and agribusiness.

    In Brazil, Ternium anticipates shipments to third parties from its slab facility in Rio de Janeiro to decrease in the third quarter of 2021 compared to the second quarter of the year, primarily due to increased integration of this facility with other facilities in Ternium's own industrial system.

    Source - Strategic Research Institute
  5. forum rang 10 voda 5 augustus 2021 10:19
    Metinvest Crude Steel Output in H1 of 2021 up by 10% YoY

    Ukrainian steel maker Metinvest's hot metal output in Q2 of 2021 climbed by 5% QoQ to 2,254 KT, driven by growth in Azovstal's production of 107 KT following brief maintenance and repair work on blast furnaces in March because of the planned overhaul of basic oxygen furnace no 1 that month. In Q2 of 2021, crude steel output rose by 5% QoQ to 2,229 KT because of an increase in Azovstal's volumes of 130 T amid greater hot metal production at the plant. Meanwhile, Ilyich Steel's output decreased by 30 KT because of the scheduled overhaul of BOF no 3 in May.

    In 1H 2021, Metinvest's hot metal output advanced by 8% YoY to 4,405 KT amid greater production at both Mariupol plants. Ilyich Steel's output rose by 188 KT, mainly because blast furnaces no 3 and no 4 were shut down for scheduled overhauls in H1 of 2020. Azovstal's production increased by 151 KT because blast furnace no 4 was put on standby amid a lower order book in March-May 2020. Crude steel output increased by 10% YoY to 4,358 KT, mainly because of production growth of 210 KT at Ilyich Steel and 185 KT at Azovstal amid greater hot metal output at the plants.

    Group's output of merchant semi-finished products in Q2 of 2021 dropped by 10% QoQ to 687 KT. Merchant slab production fell by 91 KT because of the allocation of slabs to make more flat products. Pig iron output edged up by 13 KT. In 1H 2021, Metinvest's production of merchant semi-finished products decreased by 4% YoY to 1,452 KT. Merchant slab production declined by 131 KT because of the redistribution of slabs to flat product rolling. Pig iron production rose by 66 KT, mainly because of an increase in hot metal output.

    In 2Q 2021, the Group's output of finished products climbed by 9% QoQ to 1,819 KT

    Flat product output rose by 127 KT to 1,533 T because of greater demand for hot-rolled plates and coils, as well as improved productivity of the hot strip mill 1700 at Ilyich Steel

    Long product output advanced by 20KT to 235 T as a result of growth in the order portfolio

    Railway product output increased by 4 KT to 8 KT

    Tubular product output rose by 6 KT to 43 KT

    In 1H 2021, Metinvest's production of finished products surged by 22% YoY to 3,481 KT

    Flat product output climbed by 547 KT to 2,939 KT, mainly because coil production increased amid improved productivity of the HSM 1700 and four-stand mill at Ilyich Steel, as well as growth in orders for plate at Azovstal

    Long product output rose by 65 KT to 450 KT amid an increase in the order portfolio at Promet Steel

    Railway product output fell by 4 KT to 12 KT

    Tubular product output advanced by 10 KT to 80 KT

    Source - Strategic Research Institute
  6. forum rang 10 voda 5 augustus 2021 10:29
    Tata Steel BSL EBIDTA in April-June 2021 Quarter Zooms by 1700%

    Tata Steel BSL Ltd has posted a consolidated net profit of INR 2,478 crore in April-June 2021 quarter as compared to net loss of INR 650 crore net losses in the April-June 2020 quarter.

    Its total income during April-June 2021 jumped to INR 7,884 crore, from INR 2,710 crore in the year-ago period.

    Net Sales at INR 7,858.27 crore in April-June 2021 up 191.8% from INR 2,697.00 crore in April-June 2020

    Quarterly Net Profit at INR 2,453.98 crore in April-June 2021 up 472.8% from INR 658.23 crore in April-June 2020

    EBITDA stands at INR 3,124.23 crore in April-June 2021 up 1707.7% from INR 172.83 crore in April-June 2020.

    Source - Strategic Research Institute
  7. forum rang 10 voda 6 augustus 2021 07:46
    Nippon Steel Develops Antiviral Photocatalytic Steel

    Nippon Steel Corporation has developed a process to make visible-light responsive photocatalytic steel sheet that provides health-promoting antiviral effect obtained by using titanium oxide. Titanium oxide is known as a substance that is activated by light energy and that has strong oxidizing properties, which produce an antiviral effect as well as having antibacterial, deodorant, and anti-allergenic effects.

    Nippon Steel has developed this innovative product feature by adding a photocatalytic function to a surface-treated steel sheet. It is this function which gives antiviral effects and other new properties to the steel sheet, as an addition to its aesthetic appearance, corrosion resistance, fingerprint resistance, and other existing properties. The photocatalytic layer of the steel sheet remains even after the steel is to make parts of assembled products.

    The photocatalytic steel sheet can be used particularly for products that may be touched by the general public or be in places where virus-laden droplets and aerosol particles may spread and constitute a health risk. Interiors of offices, hospitals, schools, and care facilities, as well as public restrooms, elevators, partitions, and display racks are among the potential applications.

    Nippon Steel's development team's work in adding a photocatalytic function to various surface treated steel sheets, a function having a health-promoting antiviral effect, includes enhancing the performance and functionality of the company's existing hairline-finished electroplated steel sheet, FeLuce, by adding a photocatalytic function. To evaluate the product's antiviral performance at a low-illuminant level, similar to actual indoor application environments, antiviral testing according to the industry standard JIS R 17561 was conducted. The test confirmed that 99.99%2 of virus on the steel sheet was inactivated at 500 lx illuminance level. Further, addition of a photocatalytic function does not change the visual attractiveness of products made of FeLuce.

    Source - Strategic Research Institute
  8. forum rang 10 voda 6 augustus 2021 07:48
    voestalpine Triples Operating Result for Q1 of 2021-22

    Against the backdrop of the good global economic environment, in the first quarter of the business year April 1 - June 30 2021 the voestalpine Group continued along its positive trajectory, which had already started in the previous business year. With the exception of the aerospace segment’s relatively subdued performance, all of the Group’s market and product segments delivered positive performance. The European automotive industry was still confronted with the semiconductor supply chain problems that had started at the turn of the calendar year; consequently, some automotive manufacturers had to stop production for short periods of time. Yet this did not trigger any noticeable decline in demand for voestalpine’s high-quality steel products. In the United States and China, voestalpine faced but few semiconductor-related production shutdowns. Conditions in certain segments of the oil & natural gas industry improved as well, but European production facilities are still affected by the protectionist Section 232 tariffs that still apply in the United States. The rail technology systems business segment continued to deliver stable performance. Orders in the storage technology business segment reached record highs due to the e-commerce boom.

    Revenue rose year over year by 45.6%, from EUR 2.4 billion in Q1 2020/21 to EUR 3.5 billion in Q1 2021/22. Earnings also rose substantially in the current business year’s first quarter: EBITDA soared by 242%, from EUR 158 million to EUR 540 million. While EBIT was negative EUR 49 million in Q1 2020/21, it jumped to EUR 340 million in Q1 2021/22. The profit before tax rose in Q1 2021/22 to EUR 319 million and profit after tax to EUR 259 million.

    Outlook - Even though the COVID-19 infection rates in Europe have been rising yet again, the economic forecasts for 2021 have become increasingly optimistic. Aside from additional re-opening steps, especially in the service sector, economic stimulus programs of historic proportions lead us to expect that the economic uptrend will continue. This positive assessment also applies to the voestalpine Group’s most important customer and market segments. Based on the Group’s results for the first quarter of the business year 2021/22 and the assumption that the current economic momentum will hold, at this time the Management Board of voestalpine AG thus expects EBITDA within a range of EUR 1,900 to EUR 2,200 million for the business year 2021/22.

    Source - Strategic Research Institute
  9. forum rang 10 voda 6 augustus 2021 07:48
    JSPL's Steel Sales rise 21% MoM in July 21

    Jindal Steel & Power Limited has reported steel production of 0.65 million tonnes in July 2021, up 8% YoY. It also reported a sharp recovery in steel sales in the month of July 21, returning back to its growth path. Steel sales were up 5% YoY and surged 21% MoM to 0.67 million tonnes as compared to 0.64 million tonnes during the same month in the previous year. Exports accounted for more than 40% of the total sales volumes due to high spot demand from international markets.

    JSPL MD Mr VR Sharma said "Despite second wave of COVID related disruptions, we are on track to achieve our annual target of 8.25 million tonnes for FY22. Further, we are seeing COVID cases come down, which will give a major relief to the industry and our customers. The effective vaccination campaign driven by the Government of India will encourage workers to return to construction sites and help speed up manufacturing, which will likely to boost domestic demand.”

    Source - Strategic Research Institute
  10. forum rang 10 voda 6 augustus 2021 07:49
    Mr Biden Executive Order for 50% Electric Vehicles in US by 2030

    US President Mr Joe Biden announced a new executive order to set a new target to make half of all new vehicles sold in 2030 zero-emissions vehicles. Specifically, the President sets an ambitious new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles. The Executive Order also kicks off development of long-term fuel efficiency and emissions standards to save consumers money, cut pollution, boost public health, advance environmental justice, and tackle the climate crisis. In order to get there, Mr Biden reiterated that they are working on a new point-of-sale EV incentive.

    American Iron and Steel Institute President & CEO Mr Kevin Dempsey said “AISI welcomes today’s executive order from President Biden proposing that by 2030 half of all new vehicle sales will be zero-emissions vehicles, primarily electric cars and trucks. This important goal, coupled with the greenhouse gas vehicle tailpipe standards expected to be proposed soon, will add further momentum to the transformation of the auto sector in the United States. The American steel industry remains ready to support the automakers in this effort through innovative, high-strength steels that combine lighter weight and increased strength. Importantly, these thinner advanced grades of steel enable optimization of space allowing for packaging of more batteries in these vehicles, which means greater range on a single charge. The use of American made steel, which is the cleanest in the world, will be key in the transition to EVs.”

    Source - Strategic Research Institute
  11. forum rang 10 voda 6 augustus 2021 07:50
    South African MacSteel Hit by Cyberattack

    Fin24 reported that South African Steel supplier Macsteel was hit by a cyberattack around the same time when Transnet port services were brought down last month by an attack to the firm's IT systems. Macsteel did not give many details about the breach which it said occurred in late July, but confirmed its systems returned back to normal within two business days of the breach and no critical information was affected. "There was no personal or confidential information compromised as a result of the attack."

    The company, which supplies a variety of industrial companies, said its controls performed well to protect the integrity of information and systems and that it was investigating the source of the attack.

    Source - Strategic Research Institute
  12. forum rang 10 voda 6 augustus 2021 07:53
    Voormalige Hoogovens krijgt Indiase Tata-baas als voorzitter commissarissen
    Van onze redacteur 5 aug   17:51

    Staalfabrikant Tata Steel Nederland HWHG€17,10+12,50% , het voormalige Hoogovens in IJmuiden, krijgt een Indiër als voorzitter van de raad van commissarissen. Het is de 56-jarige Thachat Narendran. Hij is ceo van Tata Steel Ltd - het Indiase moederbedrijf van Tata Steel Nederland.

    De benoeming van Narendran als hoogste toezichthouder komt nadat de Indiase eigenaar van het voormalige Hoogovens een herbenoeming torpedeerde van Peter Blauwhoff als onafhankelijke voorzitter van de toezichthouders. Blauwhoff en Tata verschilden van mening over de gewenste toekomst van het Nederlandse dochterbedrijf. Moederbedrijf Tata wil de Nederlandse en de Britse activiteiten splitsen. Tata Steel Nederland ligt zwaar onder vuur door milieuklachten van omwonenden.

    Nauwe betrokkenheid aandeelhouder
    In een persbericht meldt Tata dat de waarnemend voorzitter van de raad van commissarissen, Marius Jonkhart, verklaart dat 'nu het splitsingsproces vordert, wij van mening zijn dat een nauwe betrokkenheid van onze aandeelhouder in onze raad van commissarissen de belangen van al onze stakeholders borgt.' Volgens Jonkhart draagt dit bij aan goede afstemming en besluitvorming in een periode die hoge investeringen vereist en die bepalend is voor de toekomst van Tata Steel Nederland.

    Tata heeft de ondernemingsraad geïnformeerd over de benoeming. Jonkhart zegt de reactie van de ondernemingsraad af te wachten en verheugd te zijn dat ceo Narendran bereid is om toe te treden tot de raad van commissarissen. 'Dit geeft blijk van een hoge mate van betrokkenheid. We zien ernaar uit om met hem samen te werken in onze raad.'

    Narendran verklaart te geloven in 'een veelbelovende toekomst voor groen staal'. Zijn toetreden tot de raad van commissarissen toont volgens hem zijn betrokkenheid bij 'het aanpakken van de milieu-uitdagingen'. Waarnemend voorzitter van de raad van bestuur van Tata Steel Nederland, Hans van den Berg, verwelkomt de komst van Narendran als toezichthouder.

    Lees het volledige artikel: fd.nl/ondernemen/1407235/voormalige-h...
  13. forum rang 10 voda 6 augustus 2021 07:54
    Steel Dynamics Requests for Tax Cut for Heartland Expansion

    WTWO/WAWV reported that Steel Dynamics has requested or 10 year tax abatement from the Vigo Co County Council to help fund their USD 231 million expansion project at their Heartland facility in the Vigo County Industrial Park. It’s been a part of the industrial park since the late 90s and currently employees more than 200 people with an annual salary of at least USD 95,000. The expansion will allow for 84 new jobs at the facility paying at least 80,000 dollars annually and create 500 additional construction jobs.

    The expansion project is scheduled to be completed by Dec. 2022, if the tax abatement is approved. The county council will hold a preliminary vote on Aug. 10, with plans to make a final decision shortly after.

    “I really hope that the Vigo County council can see benefit, not just the taxes. It’s going to be good for all of the community as it has been for the last 20 years with our current plan,” Bohrer concluded.

    Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    Source - Strategic Research Institute
  14. forum rang 10 voda 6 augustus 2021 07:54
    EVRAZ Approves Construction of Vanadium Plant in Russia

    Russian steel maker EVRAZ Board of Directors has approved the construction of a new vanadium slag processing plant at the Uzlovaya special economic zone, in Russia’s Tula region. The strategic aims of the new unit are to increase cost efficiency in fully controlled and coordinated at all stages processing chain from slag to final product. The plant will be built using the best technologies available to reduce its environmental impact. For example, the plan is that production wastewater, storm water and sewage will be treated and reused in the unit’s closed-loop water system.

    Overall investment in the project is expected to reach USD 228 million. The launch of the plant is currently scheduled for 2025.

    Source - Strategic Research Institute
  15. forum rang 10 voda 6 augustus 2021 07:55
    Change of Guard at Bolivian Empresa Siderurgica del Mutun

    Bolivian state run company Empresa Siderurgica del Mutun has named Mr Ramiro Guzman CEO following the resignation of the former CEO of ESM Mr Gustavo Choque Velasquez sent a resignation.

    Mr Velasquez said in a letter “He was falsely accused of corruption, although he did not specifically name or address the corruption claims. He said “I cannot allow that such lies damage neither the brilliant management of Bolivian government overseen by your authority, nor the excellent management of the minister of mining, the reason by which I present my irrevocable resignation to the role of executive president of Mutun.”

    Mr Velasquez was appointed as an interim CEO of ESM earlier this year.

    Source - Strategic Research Institute
  16. forum rang 10 voda 6 augustus 2021 07:55
    Gerdau Records Highest Ever EBITDA in Apr-Jun 2021 Quarter

    Gerdau ended the second quarter of 2021 with an adjusted Ebitda of BRL 5.9 billion, a historic record, and an adjusted Ebitda margin of 30.8%. The result reflects the strong demand for steel in all the markets in which the company operates, especially the robust performance of the construction and industrial sectors in North America and Brazil. The adjusted Ebitda of the North America Business Operation, for example, evolved significantly in the quarter, to BRL 1.4 billion, reaching an adjusted Ebitda margin of 20.4%. Gerdau's net income, adjusted for non-recurring effects, totaled BRL 3.4 billion in the second quarter of 2021, also a historic record. The company's net revenue, in turn, reached BRL 19.1 billion between April and June, with physical sales of steel reaching 3.2 million tonnes, an increase of 36% in the annual comparison.

    Gerdau CEO Mr Gustavo Werneck said “Gerdau recorded, in the period between April and June, the highest quarterly adjusted Ebitda in the historical series, totaling BRL 5.9 billion, due to the good performance of the steel sector in all the countries in which we operate and the opportunities captured by the teams in this scenario.”

    Gerdau signed a cooperation agreement with Shell Brasil for the development of a photovoltaic park in the municipality of Brasilândia de Minas, north of Minas Gerais. With an installed capacity of 190MW, the Aquarii park will supply part of the clean energy to Gerdau's steel production units and another part to be traded on the free market through Shell's energy trader, as of 2024. The joint venture, which will have equal participation by the two companies, is part of the company's energy transition and decarbonization strategy.

    Source - Strategic Research Institute
  17. forum rang 10 voda 6 augustus 2021 07:58
    Severstal Reduced Discharges from CherMek in H1 of 2021

    Russian steel maker Severstal has summed up its environmental performance in the first half of 2021. According to Evgeny Vinogradov, General Director of the Severstal Russian Steel Division and resource assets, the company is systematically and in accordance with the chosen strategy reducing the environmental burden in the regions of its presence. As a result of the work of the Cherepovets Metallurgical Plant, in six months, it was possible to reduce the discharge of pollutants into water bodies by 14.4% compared to the same period last year. The reduction was achieved due to the implementation of measures for the technical reorganization of the water supply and wastewater disposal system of crushing and screening plants No 4 and 5.

    The volume of disposed waste was significantly (by 43.6%) reduced due to an increase in the sale and disposal of blast furnace sludge, and the processing of reinforced concrete. Emissions into the atmosphere have been reduced by 1.3%, which is about 2 thousand tons. The result was a decrease in the sulfur content in the Olenegorsk concentrate due to the introduction of the technology of magnetic-gravity separation of concentration. The ecological effect is provided due to a smaller volume of coke breeze required for sintering concentrate with increased iron content at CherMK.

    Severstal continues to implement the program of measures within the framework of the federal project "Clean Air", under which the company's emissions are planned to be reduced by 66.8 thousand tons by 2025 at CherMK, which will amount to 22.5% of the company's emissions in 2017. In 2018-2020, within the framework of the project, 13 activities were carried out, most of them in coke-and-blast furnace and steel-making industries. At the same time, CherMK managed to achieve a reduction in atmospheric emissions, taking into account the construction of new capacities. This is a blast furnace complex No 3 and the first block of a coke oven battery with coal charge ramming,

    In the long term, until 2024, it is planned to complete a number of other activities at CherMK. This is the reconstruction of the solid fuel preparation unit in the sinter shop No. 3, the construction of a complex of equipment that reduces emissions from the CherMK sintering machines No. 10 and 11. The last project will require investments in the amount of about 2.5 billion rubles.

    Source - Strategic Research Institute
  18. forum rang 10 voda 6 augustus 2021 07:58
    Cleveland-Cliffs Labor Contract with UAW Ratified at Dearborn Works

    Cleveland-Cliffs Inc announced that its employees represented by the United Auto Workers Local 600 have ratified a three-year labor contract for its Dearborn Works operations. The new contract is retroactively effective from August 1, 2021 through July 31, 2024, and will cover approximately 1,000 UAW-represented workers at Dearborn.

    Cleveland-Cliffs Chairman, President and CEO Mr Lourenco Goncalves said “We are extremely pleased to continue our commitment to good-paying middle class union jobs with a new labor agreement at Dearborn. Our union workforce is at the core of what we do at Cleveland-Cliffs and Cleveland-Cliffs is at the core of American manufacturing as a whole. Our partnership is a powerful one and, with this latest deal, we will maintain our competitive cost structure in flat-rolled steel relative to any of our peers, union or non-union.”

    Dearborn is home of the most modern galvanizing line in the country, built in 2011 to produce the most advanced extra-wide automotive-grade exposed materials, among several other high end specs.

    Source - Strategic Research Institute
  19. forum rang 10 voda 6 augustus 2021 07:59
    Bilstein Breaks Ground on Expansion of Kentucky Transpark

    German Bilstein Cold Rolled Steel LP is expanding its operation in Bowling Green in Kentucky in US by investing USD 17.8 million. Bilstein Cold Rolled Steel CEO Mr Brent Wilson said “After having been operational for only four years at our Bowling Green facility, it became clear that the South Central Kentucky region was continuing to see healthy growth and investment in the markets we serve. As a result, we feel the addition to this state-of-the-art facility will help us continue to best serve our customers who need high-grade cold-rolled steel strip. We greatly appreciate the ongoing support we receive from the Bowling Green Area Chamber of Commerce and the Commonwealth of Kentucky on these projects that fuel economic growth.”

    Bilstein originally announced its choice of Bowling Green for the operation in 2013, the announced project with an investment of USD 120 million and 90 new jobs. Shortly after that announcement in 2015, Bilstein announced its first expansion with an additional USD 20 million of investment and 20 new jobs. In 2017, Bilstein began operations in the Kentucky Transpark.

    Bilstein Cold Rolled Steel LP is part of the family-owned German steel processor and produces a wide range of high-precision cold-rolled strip steel products across a variety of industries, predominately the automotive industry. The Bilstein Group was founded in 1911 and has grown to be a world-leader in the cold-rolled strip steel market.

    Source - Strategic Research Institute
  20. forum rang 10 voda 6 augustus 2021 08:01
    SEIFSA Appoints Mr Trentini as New CEO

    Steel and Engineering Industries Federation of Southern Africa has announced the appointment of Operations Director Mr Lucio Trentini as new CEO with immediate effect. Mr Trentini until his appointment was the Operations Director at SEIFSA. He has been with SEIFSA since 1990 and over the last two decades he has been involved at management and executive level at SEIFSA and has been actively involved in the leadership of the Federation. He has gained extensive experience in the metals and engineering industries and has developed sound working relationships with all industry stakeholders.

    Mr Trentini holds a BA degree in Economics and Industrial Psychology and a Post-Graduate Diploma in Management from the University of the Witwatersrand and the WITS Business School respectively. He also holds an Expert Negotiator Certificate from the University of Pretoria’s Gordon Institute of Business Science.

    This was after Mr Kaizer Nyatsumba quit as CEO last month. He was placed under precautionary suspension in May, although the charges were not made public. The board had also commissioned a private investigation into his conduct. The suspension was lifted, but Mr Nyatsumba and the board decided to mutually separate.

    Source - Strategic Research Institute
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