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

Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

Laatste koers (eur) Verschil Volume
23,990   +0,080   (+0,33%) Dagrange 23,540 - 24,160 1.720.391   Gem. (3M) 2,3M

Nieuws en info hier plaatsen (deel 4)

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35.173 Posts
Pagina: «« 1 ... 1638 1639 1640 1641 1642 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 30 november 2022 06:53
    SAIL RSP Dispatches 0.3mm Thin GP Sheets

    Strategic Research Institute
    Published on :
    30 Nov, 2022, 6:07 am

    Steel Authority of India Limited’s Rourkela Steel Plant has commenced production of 0.3 mm thin galvanized plain sheets for the first time and the first consignment of 50 tonnes of 0.3 mm GP sheets was dispatched on 29 November from its cold rolling mill.

    The new product will enable the mill to cater to a broader market segment including packaging and ductings. An official said “The officials pointed out that steel required for rolling such thin gauge sheets needed to be produced with restricted chemistry and this was successfully produced at the steel melting shop.”
  2. forum rang 10 voda 30 november 2022 06:54
    Krakatau Steel Raises Stake in Krakatau POSCO to 50%

    Strategic Research Institute
    Published on :
    30 Nov, 2022, 6:07 am

    Indonesian state-owned steelmaker Krakatau Steel has officially increased its share ownership in Krakatau POSCO by 20% to increase total stake to 50%. Krakatau Steel President Director Mr Silmy Karim said "This process began in 2016 when the Minutes of Agreement between Krakatau Steel and Krakatau POSCO was signed. With bigger ownership in Krakatau POSCO, Krakatau Steel can improve performance, especially in the production process.”

    Krakatau POSCO is a joint venture between Krakatau Steel and POSCO Holdings. Krakatau POSCO has a production capacity of 3.2 million tonnes. The steel factories owned by Krakatau POSCO are integrated with an Iron and Steel Making Plant, a Plate Rolling Mill and a Hot Rolling Plant. In 2021, the company booked USD 415 million in profits and posted revenue of USD 2.35 billion.
  3. forum rang 10 voda 30 november 2022 06:54
    Dutch OM Investigating Pollution at Tata Steel IJmuiden Plant

    Strategic Research Institute
    Published on :
    30 Nov, 2022, 6:08 am

    NL Times reported that Dutch Public Prosecution Service Openbaar Ministerie and a team of experts are investigating the Tata Steel site in IJmuiden. The Public Prosecution Service said the visit on Tuesday was to gain more insight into the steel production process, specifically into the operation of the coke and gas factories. The OM will decide whether or not to actually prosecute based on the investigation that is currently underway.

    OM said “The main question is whether Tata Steel can be blamed for deliberately and unlawfully emitting harmful substances into the air, soil, and surface water with a possible risk to public health. The visit to the factory complex contributes to the discovery of the truth. The investigation team looks with its own eyes at the production processes and the operation of certain factories within the Tata Steel institution.”

    The OM does not know how long this investigation will take.

    Tata Steel said in a short response that it fully cooperates with the investigation.

    In February, officials said they would investigate Tata and Harsco Metals Holland over whether they intentionally and unlawfully introduced hazardous substances into the soil, air or surface water after lawyer Ms Benedicte Ficq had filed charges on behalf of locals. According to Ms Ficq and about 1,100 people and organizations, Tata Steel endangers the health of people in the area.

    The Ministry of Justice is receiving help from the Human Environment and Transport Inspectorate the DCMR Environmental Service Rijnmond, and the Netherlands Forensic Institute in this investigation.
  4. forum rang 10 voda 30 november 2022 06:55
    Brazil Extends AD Duty on Flat Alloy Steel Bars from China

    Strategic Research Institute
    Published on :
    30 Nov, 2022, 6:09 am

    Brazil's Secretariat of Foreign Trade SECEX announced that )it has decided to extend the anti-dumping duty on imports of flat alloy steel bars originating in China for another five years, at a duty rate of USD 437.09 per tonne on, starting from November 24, 2022.

    The AD investigation was originally initiated based on a request filed by local producer Gerdau.

    The products involved are flat-rolled alloy steel bars, hot-rolled, drawn or extruded, neither fast cutting nor steel silicon-manganese, with a thickness equal to or greater than 4.5 mm but not more than 60 mm, with a width equal to or greater than 50 mm but not exceeding 150 mm, classified under MERCOSUR Common Nomenclature (NCM) 7228.30.00.
  5. forum rang 10 voda 30 november 2022 06:55
    AISI Pushes Congress to Avert Freight Rail Disruption

    Strategic Research Institute
    Published on :
    30 Nov, 2022, 6:12 am

    American Iron & Steel Institute President & CEO Mr Kevin Dempsey has sent a letter to congressional leadership urging Congress to pass legislation to ensure that our nation’s freight rail system remains fully operational. He wrote “The potential for significant disruption in the critical national rail system would have serious consequences for the domestic steel industry and the entire U.S. economy. The recent rejection of the agreement reached between the railroads and the negotiators for rail labor organizations in September has raised concerns that a harmful interruption to the rail system may occur as soon as early next week. While a voluntary agreement among all parties to the ongoing rail negotiations is clearly the best outcome, congressional action is necessary to ensure that our nation’s freight rail system remains operational.’

    He noted that last year, railroads hauled more than 15 million carloads of steel and the raw materials needed to produce America’s steel.

    He concluded “The nation’s railroads are an indispensable necessity for the health and survival of our domestic steel industry. A functional freight railroad system is critical to ensuring that the American steel industry can effectively and efficiently serve its customers. We urge Congress to take the necessary legislative action to ensure that our nation’s freight rail system remains fully operational.”
  6. forum rang 10 voda 30 november 2022 07:04
    Suppliers resist following Indian HRC hikes in GCC
    245 Views

    Non-Indian-origin import offers are preventing hot rolled coil price hikes in the Gulf Cooperation Council market. Numerous buyers with very low inventories booked modest tonnages last week of tubemaking and re-rolling grade HRC from Chinese, Saudi and Indian mills.

    In November, re-rollers have seen improving demand from their customers abroad and their sales registered a 25-40% growth on October. This week, imported HRC prices are unchanged from last week, Kallanish notes.

    In United Arab Emirates last week, after a long period of absence from the market, the major Indian mill issued its offer. It concluded a deal for a small cargo of mismatched-size HRC at $605/tonne cfr UAE for 5mm thickness S275JR grade for December shipment. The mill is offering 2mm+ re-rolling grade (SAE 1006) at around $640/t cfr GCC for December shipment, which buyers find unworkable. Other suppliers’ offers are at $585-605/t cfr for January shipment.

    In UAE and Saudi Arabia, a few tubemakers booked from a Chinese mill at $620-625/t cfr GCC ports for 1.2mm thickness SPHT-1 grade for January shipment. A re-roller in UAE booked 5,000 tonnes from a GCC mill for 2mm+ SAE 1006 grade at $620/t delivered to Abu Dhabi for late-December shipment.

    This week's prices are the same as last week; a Japanese HRC supplier, not typically active in the bloc, is offering base grade HRC at $580/t cfr GCC for February shipment. The bloc's well-known major Japanese supplier's negotiable initial offer for 2mm+ SAE 1006 grade is meanwhile at $600/t cfr for January shipment. Buyers say the latter has a $10-20/t margin for compromise subject to tonnage and customer classification.

    Re-rolling grade HRC offers from Taiwan and the South Korean mill's Indonesian subsidiary are at $585/t cfr GCC for January shipment. Meanwhile, a Russian mill's officials, while visiting potential UAE customers, are indicating $15/t lower than market price for their material. However, buyers are showing less interest due to sanctions imposed on the Russian steelmaker's largest shareholder.

    An ex-China 0.34-1.17mm cold rolled full hard (CRFH) offer was heard at around $620/t, while South Korean 0.4-2mm thickness material is at $640/t, both cfr Abu Dhabi with January and February shipment, respectively.

    Meanwhile, Vietnam-based Formosa's SAE 1006 and S235JR grade HRC offers through a Hong Kong-based trading company are at around $580-585/t cfr GCC ports for January shipment. S275JR grade incurs $10/t extra.

    Well-known Indian HRC suppliers to the region are quoting at $600-610/t cfr GCC ports for mid-January shipment for tubemaking and re-rolling grades.

    "We know the Formosa quality through our contacts in India, and their re-rolling grade HRC is exceptionally good,” a senior downstream mill official comments. "The price increase that happened two weeks ago is not sustainable; for this reason, next week we expect $600/t cfr GCC will be the threshold for higher margins."

    Burak Odabasi Turkey
  7. forum rang 10 voda 30 november 2022 07:05
    Kametstal halts production, Ferrexpo output suffers amid blackouts
    159 Views

    Metinvest’s Kametstal steelworks has temporarily stopped production due to energy shortages after new shelling by Russia.

    “During the week beginning 21 November, Russian attacks resulted in power outages throughout the country,” the company says. “Metinvest, along with other industrial enterprises operating in Ukraine, was also affected, as for the first time since the start of a full-scale military invasion, production at the group's Ukrainian enterprises was stopped on an emergency basis due to a lack of electricity.”

    However, power supply has been partially restored, although industrial producers use electricity within the available quotas, which can change every day, it adds.

    As of 28 November, all Metinvest enterprises have resumed their activities, except for Kametstal. An assessment is being made of possible damage to production facilities resulting from the shutdown, as well as of the timing of a production restart, the enterprise claims.

    According to Metinvest, a long-term absence of deliveries of square billet from Kametstal may lead to the suspension of production at its Bulgarian Promet Steel re-rolling subsidiary. “We cannot predict how long Russia's attacks on Ukraine's energy infrastructure will continue and there may also future interruptions in production,” it adds.

    Ukrainian iron ore miner and pellet producer Ferrexpo has meanwhile announced that repair work has now sufficiently progressed to allow for the partial resumption of production activities at its operations in central Ukraine, the company tells Kallanish.

    “The supply of power to the group's operations, however, remains variable and limited, which has an impact on the cost effectiveness of production,” a Ferrexpo spokesperson notes. “As a result, the group is currently focused on drawing down on its stockpiles of finished iron ore products to maintain supplies to its customers. The ability to utilise such stockpiles has ensured a consistent supply to customers … and we can confirm that it has sufficient stockpiles to meet customer demand.”

    Ukraine's Sukha Balka mine, part of DCH Steel, has decided to temporarily shut down production processes at the Frunze mine in the face of declining production volumes, consumption of raw materials and limited supply of energy resources.

    Earlier, stainless seamless pipe producer Centravis reduced capacity utilisation amid energy blackouts (see Kallanish passim).

    ArcelorMittal Kryvyi Rih (AMKR) also critically limited electricity consumption and suspended most production processes.

    Svetoslav Abrossimov Bulgaria
  8. forum rang 10 voda 1 december 2022 06:56
    New Cranes Improve Reliability for Valbruna Slater Stainless

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:02 am

    RM Hoist reported that US’s special steelmaker Valbruna Slater Stainless is constantly updating its production capabilities and has upgrading its overhead cranes, which are used to move ?nished goods and raw materials for stainless steel processing. Valbruna Slater Stainless wanted to replace two older DC-powered cranes with more powerful AC cranes, but still retain the existing bridge structure. The older cranes had become unreliable, and the hoists were heavy compared to more modern solutions.

    Valbruna Slater Stainless turned to Hoosier Crane Service for expert assistance. The older DC cranes were each equipped with 20 ton and 7 ton dual hoists on one trolley. Hoosier Crane’s original plan was to keep a center line bridge drive motor on both but replace the DC motors with larger AC motors. However, Hoosier Crane decided that the more viable solution was side mounted SEW Euro Drive gearboxes with motors.

    Hoosier Crane removed the two existing hoists and replaced them with new R&M 10 ton hoists. Hoosier Crane installed the new hoists on a new ASCE rail. These new hoists were one third of the weight of the old. Using the R&M 10t hoists, Hoosier Crane was able to deploy a more reliable, lightweight and modern system without replacing the bridges.

    Hoosier Crane Service, founded by Tom and Cherie Schmidt, is a family-owned business headquartered in Elkhart in Indiana. Hoosier Crane has grown throughout the last 20 years from 4 employees to approximately 100 employees and is presently providing overhead crane material handling solutions throughout the USA.

    Based in Fort Wayne Indiana in US, Valbruna Slater Stainless is part of the Valbruna Group. Founded in 1925, Valbruna has 2,500 employees and an annual output of approximately 250,000 tonnes of specialty steels. Production is primarily focused on stainless steels and specialty alloys, such as nickel alloys and titanium long products.
  9. forum rang 10 voda 1 december 2022 06:57
    DEDD Seeks Information from Deloitte Regarding GFG Alliance

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:03 am

    Scotland Government’s Directorate Economic Development Directorate has requested for any internal correspondence between Deloitte or Teneo staff working under the Deloitte name and the Scottish Government on the topic of reports undertaken by Deloitte around GFG Alliance/Liberty Steel/deals with Mr Sanjeev Gupta under the Freedom of Information (Scotland) Act 2002.

    DEDD said “This should include any correspondence requesting changes/alterations/clarifications to reports prior to their submission by Deloitte, and/or following their receipt by the Scottish Government. The disclosure should also include any attachments to emails, including ministerial briefings. The timeframe for this should be from January 1, 2022, to date.”
  10. forum rang 10 voda 1 december 2022 06:58
    Japan Imposes AD Duty on Galvanized Steel Wire from China & Korea

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:03 am

    Japan's Ministry of Finance, following an investigation which started on 14 June 2021, has decided to impose antidumping duties on imports of galvanized steel wire originating in China and South Korea for a period of five years.

    China - 26.5-41.7%

    South Korea - 9.8-24.5%

    In addition, galvanized steel wire imported from Hong Kong and Macao will be excluded from the antidumping duties.

    The products subject to the antidumping duties fall under the HS codes 7217.20 and 7229.90.
  11. forum rang 10 voda 1 december 2022 06:58
    Leeco Steel Expands Canadian Plate Processing Capabilities

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:04 am

    North America’s leading supplier Leeco Steel has announced the addition of a Messer MPC2000 MC Combination cutting and drilling machine at the company’s Hamilton Ontario distribution center in Canada. The machine, which is capable of plasma cutting, oxy fuel cutting, beveling and drilling, will expand Leeco’s processing capabilities for Canadian customers. In addition to steel plate, Leeco can now supply Canadian customers with steel plate parts.

    Leeco recently expanded processing capabilities at its Oshkosh, WI distribution center. The company added a Lissmac deburring machine and Faro measuring arm, which will improve efficiency in delivering processed parts to customers in the north region.
  12. forum rang 10 voda 1 december 2022 06:58
    AISI Applauds WTO Ruling in Indonesian Ban on Nickel Export

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:04 am

    American Iron & Steel Institute President & CEO Mr Kevin Dempsey, in response to a ruling announced by the World Trade Organization regarding a dispute brought by the EU challenging Indonesia’s ban on the export of nickel ore and its requirement that all nickel ore be processed domestically, said “AISI applauds the ruling by a WTO dispute resolution panel against the government of Indonesia’s ban on the export of nickel ore. This export restriction, together with a requirement that nickel ore be processed domestically in Indonesia, has distorted global markets for nickel ore, a key input in stainless steel production, to the detriment of steel producers in the United States and around the world. We call on Indonesia to end these trade-distorting policies immediately.”

    He said ““AISI appreciates the active engagement by the US government as a third party in this WTO dispute to challenge the Indonesian export ban, and we look forward to continuing to work closely with USTR to address the many other trade-distorting policies by governments around the world that are fueling the ongoing global overcapacity crisis in steel.”
  13. forum rang 10 voda 1 december 2022 06:59
    Esteel Plans Green Steel Plant at Sabah in Malaysia

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:05 am

    Malaysian steelmaker Esteel plans to reduce the carbon footprint of steel production by setting up environmentally friendly new steel plant in Sabah by investing MYR 19.6 billion (USD 4.39 billion). Under the green steel project, the plant will replace coke and coal with natural gas, and subsequently hydrogen in the future, as a reducing agent. The project covers the entire production chain from iron ore concentration, palletising and direct reduced iron to steelmaking, steel rolling and high-end steel processing. The use of natural gas will ensure that carbon emission from the production of steel drops by 70% but the facility will eventually turn to green hydrogen smelting, which leads to near zero carbon emission.

    Under the first phase are multiple facilities such as an iron concentration plant, pelletising plant, hot briquetted iron plant, as well as jetty and support facilities. This plant will eventually produce 2.5 million tonne per year of HBI. Work on this phase will begin in the third quarter of 2023 and is expected to be completed by the last quarter of 2025 at a cost of USD 1.29 billion

    Sabah Oil & Gas Development Corporation has entered into a land lease agreement with Esteel Enterprise. Esteel will construct an integrated green steel plant on a 180 hectare site in the industrial park.

    Established in 2004, E Steel specializes in a wide range of high-quality steel products. The company focused on special steel whereas the majority of the steel materials are imported catered for Oil & Gas, Automotive, Medical, Machinery and Semiconductor industries. Since then E Steel has become one of the fastest-growing steel stockiest in Malaysia. The business has grown abroad to the Middle East and the rest of ASEAN countries.
  14. forum rang 10 voda 1 december 2022 07:00
    ArcelorMittal South Africa Plan Green Steel at Shut Saldanha Plant

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:05 am

    South African IOL recently reported that an energy application lodged with the energy regulator shows that ArcelorMittal South Africa is looking to restart its operations in Saldanha Bay. As per report “AMSA might reopen the facility using hydrogen made from renewable energy to make low-carbon iron at the facility and is in talks with Eskom regarding a three-year electricity supply deal. The reopening will result in 260 people being employed by AMSA and another 375 who will be on site contractors.”

    In its application, National Energy Regulator of South Africa said that Amsa has approached Transnet, Eskom, the Western Cape Government and the Saldanha Bay Municipality for assistance with the restart of the Saldanha Works operations converting from the costly iron ore/coke steel making to an electric scrap-melting model.

    AMSA Group Manager Tami Didiza said “Amsa is working on its plan to achieve ambitious carbon reduction targets for 2030 and 2050. The journey will involve close collaboration with several stakeholders, including local and international public and private sector participants. AMSA has recently signed joint development agreement with Sasol, which will advance studies into two potential projects.”

    He said “The first one is the Saldanha green hydrogen and derivatives study which will explore the region’s potential as an export hub for green hydrogen and derivatives, as well as green steel production; and the Vaal carbon capture and utilisation study. The latter is to use renewable electricity and green hydrogen to convert captured carbon from Amsa’s Vanderbijlpark steel plant into sustainable fuels and chemicals.”

    He added “With the appropriate support, the restart of Saldanha Works as an early supplier of green-directly-reduced iron to the international market is a very exciting prospect. However, it is too early to share the specifics as these discussions are ongoing.”

    Amsa closed its steel plant in Saldanha two years ago, partly because electricity costs got too high.
  15. forum rang 10 voda 1 december 2022 07:01
    BMWK Supports Georgsmarienhütte Decarbonization Project

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:06 am

    The Federal Ministry of Germany for Economic Affairs and Climate Action BMWK has granted around EUR 880,000 to German steelmaker Georgsmarienhütte’s EVAGMH decarbonization project for the first time. Georgsmarienhütte will build a bar tempering plant for the treatment of bar steel. The plant will use green electricity instead of natural gas, reducing carbon emissions and dependence on natural gas imports. The plant is scheduled to be put it into operation in mid-2023.

    In the funded project, the steel manufacturer GMH will set up an inductive individual bar tempering plant for the treatment of bar steel and put it into operation in mid-2023. In the energy-intensive heat treatment process, the metal is subjected to a heat treatment, cooled and reheated to make it particularly resistant. The new plant contributes to the decarbonization of the industry: the traditional quenching process, in which the furnace is fired with natural gas and generates large amounts of greenhouse gas emissions, is now being switched to a quenching furnace powered by green electricity. This eliminates exhaust gases and increases energy efficiency.

    At this location alone, around 2,800 tons of CO2 can be avoided every year. This decarbonization method of the heat treatment process can basically be transferred to the entire steel industry: After a successful start, the large-scale plant can not only be installed in the company's own electric steel group of companies, but also in all metalworking companies.

    The funding decision for this project is the first in a series of funding projects in the primary and secondary steel industry as well as the chemical, glass, cement, paper and non-ferrous metal industries, which the BMWK is funding in the programs "Decarbonization in Industry" and " IPCEI Hydrogen” being prepared at the moment.
  16. forum rang 10 voda 1 december 2022 07:04
    NCLT Admits Insolvency Application for Visa Steel

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:07 am

    National Company Law Tribunal’s Cuttack Bench vide Order dated 28 November 2022 has admitted the application for initiating Corporate Insolvency Resolution Process against VISA Steel Limited under Section 7 of the Insolvency and Bankruptcy Code 2016 has appointed Mr Ajay Kumar Agarwal as an Interim Resolution Professional under the provisions of IBC. A copy of the Order dated 28 November 2022 is enclosed for reference.

    NCLT order said “The petition bearing CP (IB) No.53/CTB/2020 by PUNJAB NATIONAL BANK the financial creditor, under section 7 of Insolvency and Bankruptcy Code 2016 read with rule 4 (1) of Insolvency and Bankruptcy (Petition to Adjudicating Authority) Rules 2016 for initiating CIRP against VISA STEEL LIMITED the corporate debtor is ADMITTED. There will be a moratorium under section 14 of the Code. The moratorium shall have effect from the date of this order till the completion of the CIRP or until the Adjudicating Authority approves the resolution plan under sub-section (1) of section 31 of IBC or passes an order for liquidation of Corporate Debtor under section 33 of the Code, as the ease may be.”

    VISA Steel said “The Company understands that appropriate legal actions are being considered and discussions are also ongoing with lenders for settlement/resolution outside IBC.”

    Founded by Mr Vishambhar Saran, VISA Steel is a mineral and metals company situated in the Kalinganagar industrial complex of Jajpur in Odisha with an integrated special and stainless steel manufacturing plant. VISA Steel has set up a 150,000 TPA Ferro Chrome Plant at Kalinganagar in Odisha. The facilities include 6 submerged Arc Furnaces with 3x25 MW Power Generating Units. VISA Steel offers High Carbon Ferro Chrome as per International Quality Standards for end use in Stainless Steel and Special Steel manufacturing.
  17. forum rang 10 voda 1 december 2022 07:05
    Tata Steel Infuses INR 800 Crores in Tata Metaliks – The Telegraph

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:07 am

    The Telegraph reported that Tata Steel Ltd has decided to extend INR 800 crore worth of financial support to Kolkata headquartered Tata Metaliks to help its subsidiary efficiently manage working capital requirements amidst heightened volatility in the steel market. The assistance will be provided in the form of INR 200 crore inter-corporate deposits of revolving nature and an option to dip into the nonfund based facilities of the parent up to INR 600 crore. The financial assistance will be only for the fiscal year of 2022-23 and fall under related party transactions. Consequently, Tata Metaliks has sought approval from the shareholders for the proposed transaction.

    Tata Metaliks said “Steel sector is going through frequent volatile cycles. The volatile commodity price environment is driven by the Russia Ukraine conflict, associated sanctions and consequent supply chain disruptions. Volatile prices of commodities require a significant amount of working capital for the company. The financial assistance will help the group ecosystem in ensuring secured and efficient utilisation of cash management and will bring synergy across companies by sharing the pool of resources as it will ensure consistent utilisation of capital at arm’s length.”

    Tata Steel is the holding company of Tata Metaliks having 60.03% stake. The development comes weeks after the city-based company completed the expansion of the DI pipe-making facility at an investment of INR 600 crore.
  18. forum rang 10 voda 1 december 2022 07:05
    Goa Receives 28 Bids for 4 Iron Ore Mining Blocks in Auction

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:08 am

    The Goa government has received 28 bids for leases of four iron ore blocks that were put up for auction. Goa’s Director of Mines & Geology Mr Suresh Shanbhogue said “We opened the technical bids, checked how many physical submissions we have received, and whether they have done online submission or not. The physical submission number and the online submission number should match. We did this in the presence of the bidders. We have received 28 bids both online and offline. The technical documents will now be scrutinized to check whether they have net worth certificate, etc, and that process has begun.”

    Of the four blocks up for auction, three are in North Goa at Monte de Sirigao, Sirigao-Mayem and Bicholim, previously owned by Rajaram Bandekar, Chowgule & Co and Sesa Mining Corporation, while the fourth is in South Goa’s Kalay, previously owned by NS Narvekar. These mines have cumulative estimated reserve of about 135 million tonnes of low-grade iron ore resource.
  19. forum rang 10 voda 1 december 2022 07:06
    ArcelorMittal Temirtau Makes Senior Level Appointments

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:08 am

    Kazakhstan’s leading steelmaker ArcelorMittal Temirtau has announced temporary changes in the management of the company. Mr Biju Nair and Mr Jelson Batista have been appointed advisors to Vice President of ArcelorMittal and Director General of the CIS Mr Vijay Goyal, which will come into force immediately. This will allow them to pay full attention to the current situation and the investigation into the causes of the accident at the Lenin Mine on 3 November.

    Mr Vladimir Ivanovich Yablonsky was appointed acting General Director of ArcelorMittal Temirtau and Mr Victor Viktorovich Gafiulov was appointed acting General Director of the Mining Department of ArcelorMittal Temirtau. Mr Yablonsky & Mr Gafiulov have extensive knowledge and many years of experience in the work in Temirtau to ensure the smooth operation of the company.

    ArcelorMittal Temirtau said “The report of the State Commission for investigation of the accident at the Lenin Mine on November 3 provided the basis for these important decisions in ArcelorMittal Temirtau. We deeply and deeply grieve our colleagues who died in the accident.”
  20. forum rang 10 voda 1 december 2022 07:07
    ArcelorMittal Canada Relies on Danieli’s Energiron DRI Technology

    Strategic Research Institute
    Published on :
    1 Dec, 2022, 6:09 am

    In the frame of its decarbonization plan through an innovative DRI program, ArcelorMittal has chosen Energiron DRI Direct Reduced Iron technology for its Dofasco plant in Canada. The Energiron Alliance of Tenova & Danieli will design and supply a 2.5-million tonnes per year, hydrogen-ready Energiron ZR direct reduction plant to be located in Hamilton in Canada.

    The ArcelorMittal Dofasco plant will transition away from the blast furnace-basic oxygen furnace steelmaking production route to the Direct Reduced Iron – Electric Arc Furnace production route, which carries a significantly lower carbon footprint. The investment will reduce annual CO2?emissions at Hamilton operations by approximately 3 million tonne per year, which represents approximately 60% of emissions.

    The new Energiron plant will be able to use Natural Gas as reducing agent with the possibility to mix it with hydrogen up to 100%. The plant will have the flexibility to use different reducing gases in any combination or proportion, using the same Energiron ZR scheme.

    The technology has the capability to capture and use CO2, which will further reduce the overall plant CO2 emissions and provide an additional revenue stream for the plant operations.

    The plant will produce hot DRI pellets that will be processed via the proven Hytemp pneumatic transport system, to a new EAF mill to be located next to the Energiron plant.

    The Energiron technology, jointly developed by Tenova and Danieli, is the most flexible DR technology for virgin metallic unit production in terms of makeup gases utilization, and is already designed to maximize the reduction of CO2 emissions.
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  4. Europese beurzen weten in het laatste uur de verliezen te beperken
  5. Europese beurzen sluiten diep in het rood
  6. Adyen gebeten hond in drukke cijferweek
  7. Trumprally, dollareffect en staal: dit zijn de opvallendste stijgers en dalers deze week
  8. Na Trump eist nu Powell de hoofdrol op, tussen al het cijfergeweld door
  9. Winstgevendheid ArcelorMittal onder druk in derde kwartaal
  10. Winstval ArcelorMittal verwacht