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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)

Volgen
35.173 Posts
Pagina: «« 1 ... 1650 1651 1652 1653 1654 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 20 december 2022 08:42
    Shipbreaking Markets in Limbo

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:15 am

    World’s leading buyer of old ships for recycling GMS said “Another lackluster week has descended across sub-continent markets, with India once again suffering steel reversals, a Bangladeshi market paralyzed by LC restrictions, and a Pakistani market that is still confused whether to dip in to the buying of whatever unit comes available. On the far end, Turkey continues its dead drift through the recycling stream as rumors surface about discussions with Aliaga Buyers regarding 2023 deliveries, in addition a degree of stability in its fundamentals noticed over the last couple of weeks.”

    GMS said “Overall, tonnage flow has started to increase as well, particularly in the container sector, which has come off significantly since the impressive peaks seen over the last two years. Tankers too, continue to trade profitably whilst dry bulk markets and Capes in particular endure volatile weeks of fluctuations.”

    GMS added “Meanwhile, China’s relaxation of COVID restrictions is expected to bring some positivity back into the markets post New Year, as the world slowly gets back to normal after almost three years of varying degrees of COVID restrictions.”

    GMS concluded “On the global front, stock markets have plunged this week off the back of announcements of further rate hikes, in order to try and ease some of the soaring global inflation, as recession fears in the EU, UK and the US loom ever larger. As such, for recycling markets, it is a slightly bleak and glum end to the year, with prices, economies, fundamentals, and sentiments showing no signs of stabilizing just yet, and thus, Sellers and Cash Buyers remain in a state of limbo when considering the sale of older assets.”

    GMS demo rankings – India/Pakistan/Bangladesh – Week 50 unchanged

    Dry Bulk – USD 500-520 per LDT

    Tankers – USD 510-530 per LDT

    Containers - USD 520-540 per LDT
  2. forum rang 10 voda 20 december 2022 08:42
    US Steel Production Capacity Utilization Dips below 73% in W 50

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:15 am

    American Iron & Steel Institute reported that in the week ending on 17 December 17 2022, US’s domestic raw steel production was 1.627 million net tons while the capability utilization rate was 72.9%. Production was 1.768 million net tons in the week ending 17 December 2021 while the capability utilization then was 80.1%. The current week production represents 8.0% decrease from the same period in the previous year. Production for the week ending 17 December 2022 is down 0.5% from the previous week ending 10 December 2022 when production was 1.635 million net tons and the rate of capability utilization was 73.3%

    Southern: 674 KNT

    Great Lakes: 559 KNT

    Midwest: 200 KNT

    North East: 121 KNT

    Western: 73 KNT

    Adjusted year-to-date production through 17 December 2022 was 85.991 net tons, at a capability utilization rate of 78.1%. That is down 5.5% from the 91.041 million net tons during the same period last year, when the capability utilization rate was 81.2%.
  3. forum rang 10 voda 20 december 2022 08:43
    MMK Launches Digital Predictive Analytics Platform

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:17 am

    Russia’s leading steelmaker Magnitogorsk Iron & Steel Works has introduced proprietary information system for predictive analytics in product quality. The digital solution was developed inside the company and uses machine learning to analyze previous test data, enabling specialists to model any technological ideas without the need to spend resources on smelting and rolling steel.

    The predictive analytics system is a powerful virtual platform that includes a database of technological parameters accumulated over more than 10 years. This includes data on the smelting process, the products manufactured at the hot and cold rolling mills, and the results of the certification process and mechanical testing.

    The new solution enables automated data processing with the use of machine learning and elements of artificial intelligence, and allows MMK specialists to reduce defects and irregularities, improve the consumer properties of products, clarify standards and adjust technological parameters, put new products into production, increase productivity, reduce costs and much more. The digital modeling platform saves material and human resources while also ensuring that industrial capacities are not used for testing purposes. Specialists are also able to make adjustments to current production technologies to ensure MMK’s products are of superior quality.

    MMK’s research and development center and experts from MMK-Informservice developed the predictive analytics system using open-source code, which ensures that the IT systems are not dependent on imports and supports the Company’s development of in-house competencies.

    The system is being considered for the title of “Digital Project of the Year” at MMK’s Digital Olympus corporate competition, with the best technological solutions and developments to be announced on 27 December. The purpose of the award is to promote ideas and initiatives that support MMK’s digital strategy, as well as to identify the best IT projects and support the development of digital transformation leaders among employees.
  4. forum rang 10 voda 20 december 2022 08:43
    Bandekar Retains Monte de Sirigao Iron Ore Block in Goa

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:17 am

    The Monte de Sirigao iron ore block in Goa has been retained by the Narayan Rajaram Bandekar group, which was operating the mine before the lease was taken over by the state government after the Supreme Court in a verdict halted iron ore mining in Goa in 2012, on grounds that blocks had not been allocated to miners through the auction route. Bandekar bagged the block with the highest auction premium of 99.2% of the average sale price of the Indian Bureau of Mines.

    Of the four blocks, the Monte de Sirigao one saw the highest number of bidders participate. The 10 companies that participated included, ArcellorMittal, Kirloskar, Shri Dagannath Steels & Power, NRB group, MSP Ltd, Fomento, Kai International, 3SW, Vedanta and Salgaonkar Shipping.

    Goa’s Directorate of Mines and Geology had put up four mineral blocks for e-auction having approximately 135 million tonnes of iron ore reserves.

    Bicholim - Vedanta

    Sirigao Mayem - Salgaocar Shipping
  5. forum rang 10 voda 20 december 2022 08:44
    California Steel Industries to Build Galvanizing Line in Fontana

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:18 am

    Japan’s second largest steelmaker JFE Steel announced that California Steel Industries has decided to build a new No 3 Continuous Galvanizing Line at its mill in Fontana in California. The new galvanizing line will serve construction end markets in the western United States and is expected to have an annual capacity of 400,000 tons. The investment is expected to cost approximately USD 370 million and take 30 months to construct following regulatory approvals. Importantly, the new investment is not expected to require additional capital infusions from either of CSI’s shareholders.

    With this third line, CSI will have total hot dip galvanizing capacity of 1.2 million tons per year.

    JFE Steel has invested in CSI since 1984 and Nucor Corporation became a new joint venture partner in 2022 by acquiring Vale’s stake. JFE Steel has deepened our partnership with Nucor in various fields, including the joint establishment of NUCOR-JFE STEEL MEXICO in 2016.

    Name : California Steel Industries

    Establishment: 1984

    Location: Fontana, California

    President and CEO: Mr Zach Moon

    Ownership share: Nucor Corporation (51%), JFE Steel Corporation (49%)

    Hot-rolling mill: 2 million short ton

    Cold-rolling mill: 1.2 million short ton

    2 galvanizing lines: 450,000 short ton and 325,000 short ton

    No 2 ERW steel pipe mill: 400,000 short ton
  6. forum rang 10 voda 20 december 2022 08:44
    Klöckner & Co to Acquire National Material of Mexico

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:19 am

    Duisburg Germany headquartered leading independent service center & materials supplier Klöckner & Co has agreed to acquire leading independent service center and materials supplier serving automotive and industrial end markets in North America National Material of Mexico. The transaction is made through Klöckner & Co’s US subsidiary, Kloeckner Metals Corporation. The parties have agreed on a consideration of USD 340 million on a cash and debt free basis.

    Established in 1999, National Material of Mexico is a leading independent service center and supplier of carbon and electrical steel, aluminum and stainless steel, serving automotive and industrial end markets in North America. Headquartered in Monterrey, National Material of Mexico operates ten facilities throughout Mexico. The company offers processing capabilities that include slitting, cut-to-length, leveling, multi-blanking, configured blanking and core processing. Upon closing of the transaction, National Material of Mexico will be positioned under the Kloeckner Metals brand.

    The acquisition will significantly expand KMC’s footprint in Mexico, enabling the company to increase its presence where the key automotive and industrial customers are located.
  7. forum rang 10 voda 20 december 2022 08:45
    Stahlo & Salzgitter Flachstahl Ink SALCOS Green Steel Pact

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:19 am

    Friedhelm Loh Group’s Stahlo Steel Service Center and German’s leading steelmaker Salzgitter Flachstahl have concluded a partnering agreement on the supply of green steel. With this step, Stahlo Steel Service Center, is already securing CO2 reduced steel that will be produced and supplied according to the SALCOS concept as from the end of 2025.

    In 2021, Stahlo had already included these products in the company’s delivery program. In future, Stahlo customers will be able to source green SALCOS steel from all three Stahlo plant locations in Dillenburg, Gera and Nordhausen. With these offerings, the steel service center will be supporting its customers in optimizing the product carbon footprint of the steel products they purchase. Stahlo supplies both Friedhelm Loh Group companies as well as customers in the processing and automotive industries with a sophisticated range of flat steel products.

    Steelmaking transformation program, the Salzgitter Group will gradually convert its steel production to hydrogen-based processes. The aim is to achieve virtually CO2 free production as from 2033 onwards. The Salzgitter Group is already producing CO2 low steel products by way of the scrap-based electric steel route.
  8. forum rang 10 voda 20 december 2022 08:45
    EIB Grants Loan to Danieli to Fund Green Steel in Italy & Croatia

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:20 am

    The European Investment Bank is granting EUR 350 million loan to Danieli, a global leader in steel plant production based in Italy. The EU bank loan will help to promote the circular economy through the production of recycled steel at the plants of Acciaierie Bertoli Safau in Cargnacco in Udine in Italy and of Acciaierie Bertoli Safau Sisak in Croatia. 65% or EUR 227.5 million of the EIB funds will be allocated to Danieli Group’s Italian plants, while the remaining 35% or EUR 122.5 million will go to its Croatian supply chain.

    The EIB financing will help Danieli Group achieve climate neutrality by 2050, contributing to the development of innovative technologies for producing steel using electric arc furnaces and minimills. The project also aims to foster the transition to a circular economy by reusing by-products and increasing the recovery of other metals from scrap. In concrete terms, the EIB resources will go towards the design and creation of green plants with three major positive effects:

    1. Reducing specific energy use via plant efficiency, making it possible to cut CO2 emissions per tonne of steel produced.

    2. Driving the circular economy via the recycling of scrap to produce steel, promoting the responsible management of this type of material and limiting greenhouse gas emissions. The local reuse of scrap prevents it from being exported from Europe to other countries across the world, only for new material to be extracted.

    3. Creating new, stable jobs, as well as improving STEM (science, technology, engineering and mathematics) skills.

    This is the fifth operation signed by the EIB and Danieli in the last 25 years, totalling EUR 580 million.
  9. forum rang 10 voda 20 december 2022 08:47
    Nissan to Use Kobe Steel's Low-CO2 Steel for New Models

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:21 am

    Japanese Nissan Motor and Kobe Steel have announced that Nissan plans to use Kobenable Steel for Nissan models from January 2023 onward. Kobenable steel, commercialized by Kobe Steel, significantly reduces CO2 emissions in the blast furnace process. Kobe Steel will also supply Nissan with aluminum sheets made from green-aluminum raw materials. This will be the first time Kobenable Steel will be used in mass-produced vehicles. Nissan models will use Kobenable Premier, which reduces 100% of CO2 emissions during manufacturing through the mass-balance method*3. The specific amount of steel to be used by Nissan will be determined through further discussions.

    Nissan aims to achieve carbon neutrality throughout the entire product life cycle by 2050. Since approximately 60% of a vehicle's weight is made up of steel parts and around 10% of its weight is made up of aluminum parts, the use of green steel and green aluminum is a very effective way to reduce CO2 emissions during parts manufacturing, which is part of the vehicle's life cycle.

    Kobe Steel’s low CO2 Kobenable Steel was adopted by Toyota Motor in June 2022 as a material for automobile components. Toyota has employed Kobenable Premier, a steel product with 100% reduction in CO2 emissions during manufacturing, for the suspension members of its hydrogen engine-equipped racing vehicle Corolla. Since May 2021, Toyota has been participating in the Super Taikyu Series with the hydrogen engine-equipped Corolla. Racing vehicles are required to have a body made with high-quality materials as they need to withstand the harsh environment of motorsports.

    Kobenable Steel is based on the KOBELCO Group’s CO2 Reduction Solution for Blast Furnace Iron making announced in February 2021. It utilizes a technology that can significantly reduce CO2 emissions from the blast furnace, which was demonstrated at the company’s Kakogawa Works by charging the blast furnace with a large amount of hot briquetted iron produced by the MIDREX Process.

    Kobenable Steel is available for all types of steel products (steel sheet, steel plate, wire rod & bar products) manufactured at the Company’s Kakogawa Works and the Kobe Wire Rod & Bar Plant. In addition, since it maintains the same level of high quality as conventional products, Kobe Steel can continue to provide customers with blast furnace steel products that require high quality, such as special steel wire rods and ultra-high-tensile strength steel, which are the Company’s strengths.
  10. forum rang 10 voda 20 december 2022 08:47
    Primetals, Fortescue & Voestalpine to Evaluate Green Iron Plant

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:22 am

    Primetals Technologies, together with its strategic partners Mitsubishi Corporation, global leader in the mining Australian Fortescue and globally leading steel and technology group Austrian voestalpine, have signed a Memorandum of Understanding. The partnership is aimed at designing and engineering an industrial-scale prototype plant with a new process for net-zero-emission iron making at the voestalpine site in Linz in Austria. The collaboration will also investigate the implementation and operation of the plant.

    The new iron making process will be based on Primetals Technologies’ HYFOR and Smelter solutions. HYFOR is the world’s first direct reduction process for iron ore fines that will not require any agglomeration steps, like sintering or pelletizing. A pilot plant has been in operation since the end of 2021, and Primetals Technologies has run numerous successful test campaigns over the last year including successful trials on Fortescue’s Pilbara iron ore products. The new Smelter technology from Primetals Technologies is a furnace powered by electrical energy. It is used for melting and final reduction of direct reduced iron based on lower-grade iron ores. In that way, it produces alternative green hot metal for the steelmaking plant.

    The project planning phase will be used to design an industrial-scale prototype plant with a capacity of between three to five tons of green hot metal per hour. It is the first solution to link a hydrogen-based direct reduction plant for iron ore fines with a Smelter.

    The main goal of the project planning phase is to develop the basis for decision to realize a prototype plant capable of continuous operation, and then to gain the know-how needed for the next step, a commercial full-scale plant. Another target is to investigate the use of various types of iron ores to produce DRI, hot briquetted iron and hot metal and, as a next step, draw conclusions about the individual process steps as well as different combinations of them.

    The hydrogen used in the new plant will mainly come from Verbund, voestalpine’s and Austria’s leading renewable energy producer, who operates a proton exchange membrane electrolyzer named H2Future. Located in Linz, this plant has a capacity of over six megawatts, and is still the world’s largest of its kind used at a steel plant. The H2Future plant will be upgraded to allow for the compression and storage of hydrogen gas before use in the combined HYFOR and Smelter plant.
  11. forum rang 10 voda 20 december 2022 08:48
    Results of Negotiations for ETS & CBAM Insufficient - WV Stahl

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:23 am

    German steel association WV Stahl said that despite some important improvements compared to the Commission's proposal on EU’s ETS scheme & climate plan, the overall result is not sufficient. WV Stahl President Mr Hans Jürgen Kerkhoff said “In particular, the lack of a solution for exports leads to planning uncertainty for industry in transition. However, such a solution is needed to avoid competitive disadvantages on third markets. In addition, the completely inadequate addressing of the question of how carbon leakage can be prevented on export markets also significantly endangers the effectiveness of the climate protection agreements, since the promotion here is essentially based on effective border compensation. This gap must be closed and internationally competitive framework conditions created.

    European steel association EUROFER Director General Mr Axel Eggert has said “The uncertainty means whether the CO2 Border adjustment mechanism works, great uncertainty for the industry. Therefore, companies are dependent on direct support from politicians.”

    At the weekend, the Council, the EU Parliament and the EU Commission agreed on the revision of emissions trading and the missing elements of the border adjustment mechanism.
  12. forum rang 10 voda 20 december 2022 08:49
    6 ASEAN Member Countries Net Steel Import 29 Million Tonne in 2021

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:23 am

    South East Asian Iron & Steel Institute announced that ASEAN member 6 countries Indonesia, Malaysia Philippines, Singapore, Thailand & Vietnam imported 51.7 million tonnes of finished steel in 2021 while exporting 22.7 million tonne thus remaining net steel exporter by about 29 million tonnes. Barring Thailand, 4 countries posted double digit surge in finished steel imports in 2021.

    ----------------------------

    Finished Steel Imports

    Vietnam - 12.2 million tonnes, down 1% YoY

    Philippines - 12.2 million tonnes, up 12% YoY

    Thailand - 12.1 million tonnes, up 20% YoY

    Indonesia - 6.6 million tonnes, up 17% YoY

    Malaysia - 5.9 million tonnes, up 10% YoY

    Singapore - 2.7 million tonnes, up 3% YoY

    ---------------------------

    Finished Steel Exports

    Vietnam - 9.7 million tonnes, up 45% YoY

    Malaysia - 5.6 million tonnes

    Indonesia - 5.2 million tonnes, up 2% YoY

    Thailand - 1.2 million tonnes, up 27% YoY
  13. forum rang 10 voda 20 december 2022 08:49
    27 Proposals of Integrated Steel Mills Selected under PLI Scheme

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:24 am

    India’s Steel Ministry had announced on 12 December that 67 applications from 30 companies have been selected under Production Linked Incentive Scheme for Specialty Steel. India’s 5 leading integrated steelmaker have got clearance for 27 product categories with Tata Steel leading at 9, JSW Steel & Jindal Odisha at 6, AMNS India at 4 and SAIL at 2

    -------------

    Tata Steel - 9

    Auto Gr Steel AHSS (CRCA)

    CRNO

    Tin Mill Products

    Coated/Plated Products of Metallic/Non-Metallic Alloys

    Al-Zn Coated (Galvalume)

    Alloy Steel: Bearing Steel

    Automotive Powertrain Steel

    Tyre Bead Wire

    Tyre Cord (Brass Coated)

    ------------

    JSW Steel - 6

    HR Coil, Sheets & Plates API Gr 52<=x<=70

    High Tensile Sheets, Coil, Plates, YS>=450

    CRGO

    CRNO

    Tin Mill Products

    Colour Coated

    -----------------

    Jindal Odisha - 6

    HR Coil, Sheets & Plates API Gr 52<=x<=70

    High Tensile Sheets, Coil, Plates, YS>=450

    Auto Gr Steel AHSS (CRCA)

    Tin Mill Products

    Coated/Plated Products of Metallic/Non-Metallic Alloys

    Galvanneal/GL-Auto-Gr

    --------------

    AMNS India - 4

    HR Coil, Sheets & Plates API Gr 52<=x<=70

    High Tensile Sheets, Coil, Plates, YS>=450

    Coated/Plated Products of Metallic/Non-Metallic Alloys

    Galvanneal/GL-Auto-Gr

    -----

    SAIL - 2

    Asymmetric Rails

    Head Hardened Rails

    Production Linked Incentive Scheme for Specialty Steel was approved by Union Cabinet in July 2021, with a five-year financial outlay of INR 6322 Crore to promote the manufacturing of 'Specialty Steel' within the country by attracting capital investment, generate employment and promote technology up-gradation in the steel sector. The application window for participation in the PLI scheme was closed on 15 September. A total of 79 applications were received from 35 small and large steel-making companies, committing to investment of INR 46,000 Crore and downstream capacity addition of 28 million tonne over by 2030.
  14. forum rang 10 voda 20 december 2022 08:50
    UK’s Steel Workers urge Government to Act Now for Steel Industry

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 5:25 am

    Steelworkers from across Wales and the UK, including Tata Steel UK, British Steel, Liberty Steel, Celsa Steel and Outokumpu, have marched against a backdrop of worrying times for the industry after months of silence from the government and delivered a petition to the UK’s Prime Minister calling for him to guarantee protection for the industry. They were led by trade union Community’s General Secretary Mr Roy Rickhuss, and

    Mr Rickhuss said “The steel industry is approaching a cliff edge. Soaring energy prices and cheap steel being dumped on our shores have put our industry in jeopardy. Britain needs a strong steel industry for a prosperous and resilient economy, to deliver net zero, for our national security, and to safeguard high quality jobs in places that really need them. The Government must step up. Their continued lack of support is killing our industry and time is running out. If they don’t act now, we’ll lose our industry forever. Thousands of people have signed this petition in support of Government action to protect our industry. With the public behind us, the Government cannot ignore us.”

    Port Talbot steelworker and Chair of the union’s national steel sector committee Mr Mark Davies said “Our industry supports tens of thousands of good jobs and steel communities across Britain. If this government is serious about levelling-up then they should start by backing our steel industry. Without government action our jobs are on the line and plant closures would be absolutely devastating. That’s why we’re going to Downing Street to send a message to the Prime Minister. We’re going to fight for our industry because at stake are our jobs and our communities, our way of life and our future.”

    11,522 people have signed the Britain, we need our steel petition.
  15. forum rang 10 voda 20 december 2022 08:51
    Metso Outotec & Rio Tinto Join Hands for BioIron

    Strategic Research Institute
    Published on :
    20 Dec, 2022, 4:24 am

    Metso Outotec is working with Rio Tinto on the development of the BioIronTM project for low-carbon iron making. As recently announced by Rio Tinto, process effectiveness of the novel low-carbon iron-making process has been successfully proven by small-scale pilot tests, which were conducted at Metso Outotec’s research center in Frankfurt, Germany.

    Extensive process tests were conducted by a project team from Rio Tinto, Metso Outotec and the University of Nottingham.
  16. forum rang 10 voda 23 december 2022 09:37
    Strategic Research Institute
    Published on :
    21 Dec, 2022, 5:23 am

    Nippon Steel Engineering in cooperation with Nippon Steel had received an order to manufacture a NS Panel BridgeTM for the Gerezani Bridge as part of the Japanese government's Official Development Assistance project The Project for Improvement of Transport Capacity in Dar es Salaam in Tanzania. Nippon Steel Engineering announced that the onsite construction has been completed by Sumitomo Mitsui. This is the first time that NS Panel Bridge has been adopted for an international project.

    Construction overview: Construction of bridge superstructure (bridge length 40 m, width 30.4 m/2 lanes on each side, sidewalks on both sides, central bus lane), abutment, foundation, and access road. Use NS Panel Bridge (weight: approx. 450 tonnes) for the superstructure.

    Client: The Tanzania National Roads Agency

    Design: INGÉROSEC Corporation

    General contractor: Sumitomo Mitsui Construction

    Primary subcontractor: Yokogawa Bridge (Nippon Steel Engineering Co manufactured, supplied and provideds technical support for NS Panel Bridge

    Project budget: JPY 1.1 billion

    The Gerezani Bridge was constructed as part of the Gerezani Road development project to relieve the chronic traffic congestion on the main road in Dar es Salaam City, the economic and distribution hub of Tanzania. Since this bridge crosses the railway, the Tanzanian government evaluated the completed bridge for its Hot-rolled atmospheric corrosion resisting steels for welded structure (JIS G 3114) manufactured by Nippon Steel Corporation, which does not require re-painting maintenance, in addition to speedy construction and low girder height, which are characteristic of NS Panel Bridge.

    NS Panel Bridge is a new type of unit-type composite deck slab bridge that consists of a main girder panel, which integrates the composite slab and main girder, and a middle slab panel. The steel shells of the main girder and composite slab are integrated at the plant beforehand to make the onsite construction process simpler and quicker. In addition, since NS Panel Bridge does not require onsite under-girder work, such as the installation and removal of suspended scaffolding and floor slab formwork, it can be erected with minimal traffic restrictions, especially for bridges that cross roads or railways, thereby reducing traffic congestion and other burdens on the surrounding area.
  17. forum rang 10 voda 23 december 2022 09:38
    Worthington Reports Second Quarter Fiscal 2023 Results

    Strategic Research Institute
    Published on :
    21 Dec, 2022, 5:23 am

    Columbus Ohio headquartered US’s leading steel processor Worthington Industries has reported net sales of USD 1.2 billion and net earnings of USD 16.2 million for its fiscal 2023 second quarter ended 30 November as compared to USD 1.2 billion & 110.3 million in FY2022. Worthington Industries President & CEO Mr Andy Rose said “We faced significant headwinds in the quarter from the dramatic decline in steel prices, a slowing economy and customers reducing inventory levels. Our teams navigated those challenges admirably focusing on execution and continuing to enhance our value proposition for customers.”

    Steel Processing’s net sales totaled USD 841.9 million, down USD 95.9 million, from the prior year quarter. The decrease was driven primarily by lower average selling prices and to a lesser extent lower volumes, partially offset by the impact of acquisitions. Adjusted EBIT was down USD 89.1 million from the prior year quarter to a loss of USD 17.2 million on lower contributions from both operating income and equity income.

    Headquartered in Columbus Ohio, Worthington operates 52 facilities in 15 states and nine countries, sells into over 90 countries and employs approximately 9,500 people. Founded in 1955, Worthington is North America’s premier value-added steel processor and producer of laser welded solutions and electrical steel laminations that provide light weighting, safety critical and emission reducing components to the mobility market.
  18. forum rang 10 voda 23 december 2022 09:38
    Japan Imposes AD Duty on HDG Wires from China & South Korea

    Strategic Research Institute
    Published on :
    21 Dec, 2022, 5:23 am

    Japan’s Ministry of Finance has made an affirmative final ruling of anti-dumping on hot-dip galvanized iron wires originating in China and South Korea on 8 December 2022 ruling that the products from the two countries were dumped and caused substantial damage to the Japanese domestic industry. China - 26.5-41.7%

    South Korea - 9.8-24.5%

    to the subject products from

    This measure will be valid from 8 December 2022 to 7 December 2027

    The products involved are under HS code 721720.

    The AD investigation on China and South Korea’s hot-dip galvanized iron wires was launched on 14 June 2021.
  19. forum rang 10 voda 23 december 2022 09:39
    Baowu Qingneng Chaoyang Gas Obtain EATNS Certificate

    Strategic Research Institute
    Published on :
    21 Dec, 2022, 5:24 am

    Baowu Qingneng Chaoyang Gas was awarded the Carbon Management System Standard Implementation Demonstration Unit in first EATNS carbon management system development seminar held at the Shanghai Environment and Energy Exchange to become the first batch of enterprises to obtain the EATNS carbon management system assessment certificate.

    In recent years, Chaoyang Gas has continuously optimized the process technology according to the characteristics of the enterprise, carried out equipment innovation and transformation, increased the oxygen production capacity of the oxygen generator and realized instantaneous supply of the steel main line gas supply pipeline to achieve production maintenance and energy saving.

    EATNS carbon management system was launched under China’s double carbon target strategy and the launch of the national carbon market. The system standard is the first systematic carbon management in China that includes carbon emissions, carbon trading, carbon assets, and carbon neutrality. The system is a new method to help achieve the double carbon goal. The introduction and application of the carbon management system is conducive to the stable development of the national carbon market and the realization of the local government's carbon peak carbon neutrality goal. At the same time, it helps enterprises to carry out carbon emission management related work in the product life cycle.
  20. forum rang 10 voda 23 december 2022 09:39
    Nippon Engineering’s EAF Emission Reduction Project Adopted

    Strategic Research Institute
    Published on :
    21 Dec, 2022, 5:24 am

    Nippon Steel Engineering announced that its proposal GHG Emission Reduction Project by Installation of Tundish Plasma Heater at Electric Arc Furnace in Indonesia has been selected for the second round of the "Feasibility Study project for the JCM (Decarbonization Field) as part of the FY 2022 Study on the infrastructure development project for acquisition of JCM credits" conducted by the Global Environment Affairs Office, Industrial Science and Technology Policy and Environment Bureau, Ministry of Economy, Trade and Industry.

    This Project aims to contribute to the realization of a decarbonized society by introducing our Tundish Plasma Heater to the Republic of Indonesia for the purpose of reducing greenhouse gas emissions in the iron and steel industry in Indonesia and the ASEAN region. We will conduct a feasibility study for the realization of the JCM Project.

    The Tundish Plasma Heating System developed and commercialized by NSE is capable of maintaining the temperature of molten steel in the tundish?3 of a continuous caster at a steel mill at a constant temperature. By introducing the NS-TPH to an existing continuous casting machine, the temperature can be lowered in the process prior to the continuous casting machine, leading to a reduction in the energy consumption rate of the entire steelmaking plant, which is expected to reduce CO2 emissions by approximately 6% per tonne of production.

    In addition to the NS-TPH, NSE also provides steelmaking equipment which contributes greatly to energy conservation and reduction of environmental impact such as Coke Dry Quenching System, Top-Combustion Hot Stoves.
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