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  1. forum rang 10 voda 3 november 2017 21:01
    Russian YUMZ and Cuban Stainless Steel ACINOX ink deal to modernize wire rod mill

    Telesur TV reported that the Russian company YUMZ has signed a USD 30 million deal with Cuban company Stainless Steel ACINOX to modernize a wire rod factory used to produce steel as well as to help train Cuban personnel and participate in the startup process of the updated line. Mr Jose Enrique Pazos, director of the company Stainless Steel ACINOX, explained that this investment package, once it starts operating in 2020, will allow the factory's steel production to increase to 177,000 tons per year, according to the Cuban News Agency.

    As part of the agreement, Moscow-based YUMZ will subcontract a highly qualified and experienced Italian entity, which will supply 60 percent of the equipment required for the investment.

    The agreement was signed at the 35th International Fair of Havana, the most important commercial exhibition held in the socialist country, which showcased the complete supply of wire rolling line, furnaces, as well as machines used in the production of wire rods, among other innovations.

    Source : Telesur TV
  2. forum rang 10 voda 3 november 2017 21:12
    Breakthrough Made in 3D Printed Marine Grade Stainless Steel

    RD Mag reported that "Marine grade" stainless steel is valued for its performance under corrosive environments and for its high ductility the ability to bend without breaking under stress making it a preferred choice for oil pipelines, welding, kitchen utensils, chemical equipment, medical implants, engine parts and nuclear waste storage. However, conventional techniques for strengthening this class of stainless steels typically comes at the expense of ductility.

    Lawrence Livermore National Laboratory researchers, along with collaborators at Ames National Laboratory(link is external), Georgia Tech University(link is external) and Oregon State University(link is external), have achieved a breakthrough in 3D printing one of the most common forms of marine grade stainless steel a low carbon type called 316L that promises an unparalleled combination of high strength and high-ductility properties for the ubiquitous alloy. The research appears online Oct. 30 in the journal Nature Materials(link is external).

    LLNL materials scientist and lead author Morris Wang said that "In order to make all the components you're trying to print useful, you need to have this material property at least the same as those made by traditional metallurgy. We were able to 3D print real components in the lab with 316L stainless steel, and the material's performance was actually better than those made with the traditional approach. That's really a big jump. It makes additive manufacturing very attractive and fills a major gap."

    Mr Wang said the methodology could open the floodgates to widespread 3D printing of such stainless steel components, particularly in the aerospace, automotive and oil and gas industries, where strong and tough materials are needed to tolerate extreme force in harsh environments.

    To successfully meet, and exceed, the necessary performance requirements for 316L stainless steel, researchers first had to overcome a major bottleneck limiting the potential for 3D printing high-quality metals, the porosity caused during the laser melting (or fusion) of metal powders that can cause parts to degrade and fracture easily. Researchers addressed this through a density optimization process involving experiments and computer modeling, and by manipulating the materials' underlying microstructure.

    Mr Wang said that "This microstructure we developed breaks the traditional strength-ductility tradeoff barrier. For steel, you want to make it stronger, but you lose ductility essentially; you can't have both. But with 3D printing, we're able to move this boundary beyond the current tradeoff."

    Using two different laser powder bed fusion machines, researchers printed thin plates of stainless steel 316L for mechanical testing. The laser melting technique inherently resulted in hierarchical cell-like structures that could be tuned to alter the mechanical properties, researchers said.

    LLNL scientist Alex Hamza, who oversaw production of some additively manufactured components said that "The key was doing all the characterization and looking at the properties we were getting. When you additively manufacture 316L it creates an interesting grain structure, sort of like a stained-glass window. The grains are not very small, but the cellular structures and other defects inside the grains that are commonly seen in welding seem to be controlling the properties. This was the discovery. We didn't set out to make something better than traditional manufacturing; it just worked out that way."

    LLNL postdoc researcher Thomas Voisin, a key contributor to the paper, has performed extensive characterizations of 3D printed metals since joining the Lab in 2016. He believes the research could provide new insights on the structure-property relationship of additively manufactured materials.

    Mr Voisin said that "Deformation of metals is mainly controlled by how nanoscale defects move and interact in the microstructure. Interestingly, we found that this cellular structure acts such as a filter, allowing some defects to move freely and thus provide the necessary ductility while blocking some others to provide the strength. Observing these mechanisms and understanding their complexity now allows us to think of new ways to control the mechanical properties of these 3D printed materials."

    Mr Wang said the project benefitted from years of simulation, modeling and experimentation performed at the Lab in 3D printing of metals to understand the link between microstructure and mechanical properties. He called stainless steel a "surrogate material" system that could be used for other types of metals.

    The eventual goal, he said, is to use high-performance computing to validate and predict future performance of stainless steel, using models to control the underlying microstructure and discover how to make high-performance steels, including the corrosion-resistance. Researchers will then look at employing a similar strategy with other lighter weight alloys that are more brittle and prone to cracking.

    The work took several years and required the contributions of the Ames Lab, which did X-ray diffraction to understand material performance; Georgia Tech, which performed modeling to understand how the material could have high strength and high ductility, and Oregon State, which performed characterization and composition analysis.

    Source : RD Mag
  3. forum rang 10 voda 9 november 2017 20:20
    Nickel prices have surged 23pct over the past month - Daniel Hynes

    Daniel Hynes, Senior Commodity Strategist at ANZ points out that Nickel prices have surged 23% over the past month, as investors homed in on the potential impact of the rising demand for electric vehicles (EV) and while they agree that the potential is significant, they suspect the market has jumped the gun and a short-term pullback could be in order.


    Source : Strategic Research Institute
  4. forum rang 10 voda 13 november 2017 17:06
    Metals-Nickel slides as electric vehicle-fueled rally reverses

    Published on Mon, 13 Nov 2017

    Reuters reported that nickel fell more than 3percent, slipping further from the more than 2 year high it hit last week on speculation that an expected electric vehicle boom would drive up demand. Nickel prices surged almost 10 percent during the annual London Metal Exchange Week industry gathering on expectations that nickel demand for use in lithium ion batteries would increase as electric car buying ramped up.

    Since then, the metal has come under pressure from profit taking after it jumped above $13,000 a tonne, ABN Amro analyst Casper Burgering said, with broader issues such as recent strength in the dollar feeding into the correction.

    He said that “I still think the fundamentals for nickel are sound, though stocks are relatively high.”

    NICKEL: London Metal Exchange nickel closed down 3.1 percent at $12,300 a tonne, its biggest one-day slide since September 22.

    NICKEL STOCKS: Nickel inventories held in LME warehouses MNISTX-TOTAL rose 2,352 tonnes from Tuesday’s near seven-week low, exchange data showed on Wednesday.

    MORGAN STANLEY: While expecting annual nickel demand from the electric vehicle sector to grow to 300,000 tonnes by 2025, Morgan Stanley said the market had been ignoring downside risks from policy developments in Indonesia, which recently lifted curbs on ore exports, and the Philippines, where the end of a ban on open-pit mining has been mooted.

    COPPER: LME copper ended the day down 0.7 percent at $6,808 a tonne, erasing a small gain from the previous session. It earlier fell to its lowest in nearly a month at USD 6,761.50.

    COPPER TECHNICALS: LME copper may fall to USD 6,756 an tonne, its wave pattern and a Fibo projection analysis suggest, Reuters technical analyst Wang Tao said.

    CHINA INFLATION: China’s producer prices were surprisingly strong in October, while consumer inflation picked up pace, suggesting the world’s second-largest economy remains robust despite expected curbs on factory output as the government pursues a war on smog.

    POLL: Resurgent industrial metals prices, powered by enthusiasm for the electric vehicle revolution and a Chinese pollution crackdown are starting to look overblown, raising the risk of a correction next year, a Reuters poll showed.

    ZINC, LEAD: LME zinc finished down 0.5 percent at $3,176 a tonne, while lead closed up 0.3 percent at $2,514 a tonne.

    ZINC STOCKS: LME zinc stock MZNSTX-TOTAL fell another 3,275 tonnes, exchange data showed on Thursday, taking them to their lowest in nearly two months.

    OTHER METALS: Aluminium ended 0.8 percent lower at $2,093 a tonne, while tin finished down 0.3 percent at $19,425 a tonne.

    Source : Reuters
  5. forum rang 10 voda 13 november 2017 17:16
    Vale says New Caledonia nickel project attracting bidders

    Published on Mon, 13 Nov 2017

    Vale said that it has received bids to invest in its New Caledonia nickel project, a sign that the boom in the commodity is in full swing. The interest is surprising because the project is one of the highest-cost mines in an industry which has spent years losing money, says Bloomberg's David Fickling, and is a strong signal that the prospect of fresh demand from electric vehicle batteries is leading many to bet on a recovery from nickel's three-year slump.

    Vale's New Caledonia nickel mine has some of the highest costs in the global nickel industry, but the island has some of the world's biggest nickel reserves.

    Source : Seeking Alpha
  6. forum rang 10 voda 14 november 2017 16:44
    Jindal Stainless to focus on specialty sector for stainless steel usage

    Business Standard reported that as part of its expansion strategy, Jindal Stainless is planning to enter the unconventional areas of steel use — defence, nuclear, aerospace and long products. The company wants to enter high-margin segments with the available capacity. Currently, it has a production capacity of 1.6-1.8 million tonne with a market share of 45 per cent.

    Jindal Stainless vice chairman Abhyuday Jindal told Business Standard in an interview that “We want to move into the speciality steel segment, which is into defence, by supplying raw material and not manufacture equipment as such. We also want to venture into long products and aerospace.”

    In March, it had signed a license agreement with Defence Research & Development Organisation (DRDO) for manufacturing high nitrogen steel (HNS) for armour applications at its Hisar plant. Jindal Stainless will commercially manufacture high nitrogen steel for the defence sector under the transfer of technology from DRDO. The use of HNS will replace the existing import of Rolled Homogenous Armour (RHA), thereby resulting in improved cost efficiency in material acquisition for armour applications by 50 per cent, the company said in a statement. High Nitrogen Steel (HNS) is corrosion resistant and provides exceptional ballistic/blast protection than the existing material at a much reduced thickness along with longevity which increases the fuel and mass efficiency.

    HNS has potential application in all armoured vehicles including Infantry Combat Vehicle (ICV), Light Speciality Vehicle (LSV), Light Armoured Multipurpose Vehicle (LAMV), Futuristic Infantry Combat Vehicle (FICV), Main Battle Tank (MBT), Future Ready Combat Vehicle (FRCV), Aviation and Naval systems. JSHL is also working to produce additional variants of HNS with enhanced blast and ballistic protection to cater to niche requirements of the Indian Defence sector.

    Source : Business Standard
  7. forum rang 10 voda 14 november 2017 16:53
    ISSDA calls for using stainless steel pipes for water supply

    Business Line reported that Indian stainless steel industry is exploring the idea of using stainless steel pipes in drinking water supply networks, which it thinks can cut down leakages drastically. According to the Indian Stainless Steel Development Association (ISSDA), many Asian cities such as Tokyo, Seoul and Taipei have been using stainless steel service pipelines for more than 20 years and this has helped them reduce the loss of precious, treated water from 27% to 2%

    ISSDA organised a seminar here last week in which international experts and representatives of user agencies participated.

    ISSDA President Mr KK Pahuja said “This was one of the major initiatives to understand the requirements of the user agencies so that we can make a beginning towards developing standards suitable for our country.”

    The seminar highlighted the long-term life cycle advantages of stainless steel in the water industry. Apart from conserving water, such non-corroding pipes can prevent deterioration in quality of water supplied and even reduce maintenance cos.

    An Assocham study in Delhi in 2016 pointed out that 40 per cent of the water supply in the capital gets wasted primarily due to leakages in its 9,000-km-long supply network.

    According to Pahuja, using stainless steel for water supply is not expected to increase the cost not more than 20-25 per cent, but it has long-standing benefits. He told “While pipes made of plastic and other materials can last only 15-20 years, stainless steel pipes can last 50-60 years.”

    This could be tried out particularly in new cities, Pahuja said.

    Source : Business Line
  8. forum rang 10 voda 15 november 2017 16:39
    Ferrochrome to be reported as a new reportable segment as of January 1st 2018 - Outokumpu

    Outokumpu will change its segment structure as of January 1, 2018 by separating Ferrochrome operations from Business Area Europe as a new reportable segment. In the new structure, Outokumpu will have four reportable segments – Europe, the Americas, Long Products and Ferrochrome. Outokumpu’s financial reporting will be changed accordingly as of the first-quarter interim statement 2018.

    Source : Strategic Research Institute
  9. forum rang 10 voda 16 november 2017 16:25
    Nickel retreats on lackluster China data

    Reuters reported that Chinese nickel futures on Tuesday pulled back, after leading most metals higher earlier in the session, following data from China which pointed to moderating growth over the next few quarters. The contract closed mostly flat, after interest spurred by hefty overnight gains in the London market petered out on data showing China's economy lost steam in October.

    SHFE NICKEL: The most-traded nickel contract on the Shanghai Futures Exchange ended up 0.1 percent at 99,610 yuan ($15,000.38) a tonne after rocketing more than 2 percent at the open.

    LME NICKEL: Three-month nickel on the London Metal Exchange, however, eased 1.3 percent to $12,330 a tonne, as of 0806 GMT, after surging 3 percent overnight. Nickel has gained 23 percent this year, driven by hopes that growth in electric vehicles will boost demand for the metal in batteries. Nickel is mainly used to produce stainless steel.

    CHINA ALUMINIUM CRACKS: China's winter heating season has arrived and the aluminium market is still struggling to work out what impact it will have on the country's production.

    Source : Reuters
  10. forum rang 10 voda 16 november 2017 16:41
    3D Print Process Could Triple Steel Strength

    Materials data is a moving target in additive manufacturing. New alloys and compounds are still being tested, and existing materials often perform in very different ways after being passed through a 3D printing process than they did using traditional manufacturing methods.

    In some cases, 3D printing developments have helped improve existing materials. We reported a few weeks ago on research that will not only make it possible to print with high-strength aluminum, but that could actually allow the previously unweldable material to be welded.

    Now, scientists at Lawrence Livermore National Laboratory in California have developed a way to 3D print with stainless steel that results in materials that are up to three times stronger than steels created using traditional techniques.

    LLNL materials scientist and lead author Morris Wang said that “In order to make all the components you’re trying to print useful, you need to have this material property at least the same as those made by traditional metallurgy. We were able to 3D print real components in the lab with 316L stainless steel, and the material’s performance was actually better than those made with the traditional approach. That’s really a big jump. It makes additive manufacturing very attractive and fills a major gap.”

    Stainless steel is a popular material for manufacturing across many different industries. Creating a printable version of the alloy has proven difficult, however, because the final material is so porous that it is much weaker and likely to fracture.

    Lawrence Livermore had previously developed a process that combined lasers and rapid cooling to fuse metal alloy particles densely together. A computer-driven version of that process allows them to control the material from the nanoscale to micron scale, including structures in the steel that can prevent fractures. The team was able to print a low-carbon steel called 316L.

    Tests have shown that under some conditions the material is three-times stronger than conventionally made steel.

    Mr Wang said that “This microstructure we developed breaks the traditional strength-ductility tradeoff barrier. For steel, you want to make it stronger, but you lose ductility essentially; you can’t have both. But with 3D printing, we’re able to move this boundary beyond the current tradeoff.”

    The next phase of research will involve more simulation and applying these techniques to other alloys. According to Lawrence Livermore:

    The eventual goal … is to use high-performance computing to validate and predict future performance of stainless steel, using models to control the underlying microstructure and discover how to make high-performance steels, including the corrosion-resistance. Researchers will then look at employing a similar strategy with other lighter weight alloys that are more brittle and prone to cracking.

    The Lawrence Livermore team worked with engineers from Ames National Laboratory, Georgia Tech, and Oregon State. You can read more about this work in the journal Nature Materials.

    Source : Rapid Ready Tech
  11. forum rang 10 voda 16 november 2017 16:43
    Steel Ministry pitches for removal of import duty on stainless scrap imports too

    PTI reported that along with ferronickel, India’s steel ministry also wants to bring down import duty on stainless steel scrap to zero and has already made a request to the finance ministry in this regard. Steel Secretary Dr Aruna Sharma told PTI “We have sent it (request) to Revenue (Department under the finance ministry). Ferro nickel and stainless steel scrap, we have sent request (to remove the import duty) for both.”

    In the Union Budget for 2017-18, the government had waived basic Customs duty on nickel, a key element used for making stainless steel, which stood at 2.5% but the import duty on Ferro nickel and stainless steel scrap is 2.5%.

    Acknowledging the steps being taken by the ministry to safeguard the interests of domestic steel industry, president of industry body Indian Stainless Steel Development Association (ISSDA) Mr KK Pahuja said if the import duty on ferronickel and stainless steel scrap is removed it will bring down the cost of production of stainless steel in the country.

    Source : PTI
  12. forum rang 10 voda 20 november 2017 16:41
    Indian stainless steel output to rise 9pct to 3.6 million tonnes – ISSDA

    Press Trust of India reported that Indian Stainless Steel Development Association said that Indian domestic stainless steel production will reach the 3.6 million tonne mark at the end of 2017. If the output crosses that level, it will be about 9 per cent more than last year's.

    President of ISSDA Mr KK Pahuja, citing data collected by the International Stainless Steel Forum (ISSF), told PTI that "The production of stainless steel in the country at the end of the calendar year 2016 was 3.3 million tonne. At present, we (the industry) are growing at a rate of 8-9% YoY.”

    Source : Press Trust of India
  13. forum rang 10 voda 20 november 2017 19:40
    Nickel prices drop on worries China steel demand is losing its shine
    Published on Mon, 20 Nov 2017

    Reuters reported that Shanghai nickel prices fell on Friday on worries about growth in Chinese steel markets, with the sector heading into a low consumption period over winter. The base metal, used widely to help make stainless steel, was heading for a 7-percent weekly loss on the Shanghai Futures Exchange. The most-traded ShFE nickel contract had slipped 1.43 percent to 93,030 yuan ($14,044) a tonne by 0137 GMT. The contract closed 2.6 percent weaker the previous day.

    The sell-off in nickel came amid across-the-board declines in Chinese metals futures. Active ShFE copper dipped 0.09 percent, while zinc was off 0.44 percent and aluminium 0.68 percent

    China’s economy cooled further last month, with industrial output, fixed-asset investment and retail sales missing expectations.

    The dollar steadied on Friday after coming off the week’s lows against its peers as earlier risk aversion in global financial markets receded, pushing up U.S. yields.

    Source : Reuters
  14. forum rang 10 voda 23 november 2017 20:54
    Nickel loses its electric car fizz - Russell

    Reuters reported that nickel market is learning that there is a difference in believing you are the next big thing in battery metals and the reality that you are actually still beholden to the Chinese steel sector. Nickel was one of the darlings at last month’s annual London Metal Exchange Week, with everybody from producers, to traders and consumers talking up its prospects on the back of the expected surge in electric vehicles. The euphoria helped drive benchmark LME nickel to a more than two-year closing high of USD 12,920 a tonne on Nov. 6, but since then the price has stumbled.

    Nickel closed at USD 11,575 a tonne on November 17, a drop of 10 percent in under two weeks, while Shanghai Futures Exchange contracts also showed a similar decline, dropping 9.5 percent from their peak on Nov. 7 to end at 93,630 yuan (USD 14,144) a tonne on November 17.

    The positive long-term outlook for nickel as a key component for batteries for electric vehicles hasn’t changed in the past two weeks since LME Week, but what has changed is the market view of the short-term outlook for China’s vast steel sector.

    About 70% of global nickel supplies are used in making stainless and other steel products, compared to about just 4 percent in batteries.

    While the use of nickel in batteries is growing at an annual rate of close 6 percent, according to the Nickel Institute, it will take several years before this demand becomes sufficient to act as a standalone driver of prices.

    In the meantime, steel is where the action is, and given that China represents about half of global steel output, it isn’t hard to see why this sector is key to nickel’s fortunes.

    The major theme currently in China steel is the output restrictions being enforced by the authorities over winter as part of efforts to limit pollution caused by burning coal in industrial processes.

    The weight of these output cuts is still to show up meaningfully in production data, but already there are indications that China is cutting production.

    Average daily crude steel output dropped for a second month in October, falling 2.5 percent to an average 2.334 million tonnes a day, down from September’s 2.394 million.

    Average crude steel output will fall below 2.3 million tonnes in November as 28 cities fully implement output curbs between mid-November and mid-March, according to Qiu Yuecheng, an analyst with the steel trading platform Xiben New Line E-Commerce in Shanghai.

    Even without the current steel restrictions, China’s appetite for nickel has been subdued so far this year.

    Imports of refined nickel are down 51.4% to 155,382 tonnes in the first nine months of the year compared to the same period last year.

    The drop in refined imports has been somewhat offset by an 8.8% gain in imports of nickel ores and concentrates to 25.96 million tonnes in the first nine months.

    However, the big mover has been in imports of what China customs terms ferronickel, which are up 54.3 percent to 1.09 million tonnes.

    Source : Reuters
  15. forum rang 10 voda 24 november 2017 16:30
    Thyssenkrupp confirms Italian stainless steel unit Acciai Speciali Terni for sale

    Reuters reported that Thyssenkrupp Chief Executive Heinrich Hiesinger on Thursday confirmed plans to sell its Italian stainless steel plant, Acciai Speciali Terni (AST), adding this was the group’s only asset currently up for sale.

    Dr Hiesinger made the comments after presenting full-year results that included the group’s highest order intake in five years, without specifying whether an official sales process had been launched.

    Source : Reuters
  16. forum rang 10 voda 24 november 2017 20:18
    Glencore sees best market conditions for nickel in decade

    Bloomberg reported that Glencore Plc is seeing the best market conditions for nickel in at least a decade, and electric cars are barely playing a part yet. The miner and trading giant expects nickel’s 2017 deficit at 170,000 metric tonnes one of the biggest in years and more than most market estimates driven by a 9 percent demand increase from the steel industry, the top user.

    Source : Strategic Research Institute
  17. forum rang 10 voda 24 november 2017 20:29
    PT Antam eyes 162 pct jump nickel ore sales in 2018

    Reuters reported that Indonesia's state-owned diversified miner PT Aneka Tambang Tbk is targetting a 162% jump in nickel ore sales next year to 11 million tonnes from an estimated 4.2 million tonnes this year.

    Mr Arie Prabowo Ariotedjo CEO of Antam told Reuters that Antam is also aiming for a 17 percent increase in ferronickel sales to 26,000 tonnes from a projected 22,300 tonnes this year.

    Source : Reuters
  18. forum rang 10 voda 27 november 2017 17:11
    Odisha approves Jindal Stainless Steel and Welspun Odisha Steel projects

    News x.com reported that the Odisha government approved Jindal Stainless Steel Ltd and Welspun Odisha Steel Pvt Ltd proposals for setting up industrial parks were approved in a meeting chaired by Chief Secretary AP Padhi.

    Jindal Stainless Steel’s proposal for a downstream stainless steel park in Kalinganagar of Jajpur district at an investment of INR 704 crore has been given in-principle approval. The park, with an employment potential of 4800, will have around 70 small and medium units in the sectors like auto manufacturing, kitchenware and lifestyle, light engineering, white goods, precision cold rolling, pipes and tubes and service centre.

    Similarly, the proposal of Welspun Odisha Steel for setting up a food processing, warehousing and electrical equipment park in Dosinga and Chainipahi villages of Bhadrak district near Dhamara port has also been extended in-principle approval. The park, proposed to be developed over 175 acres with an investment of INR 300 crore, will create employment opportunities for 1500 persons. The anchor investor has been asked to complete the first phase of the project within two years.

    Source : News x.com
1.644 Posts
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