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voda 30 maart 2021 06:39

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Tashkent Metallurgical Plant CRM, HDG & PPGI Complex Opens

The Tashkent Metallurgical Plant was started up during the grand opening ceremony attended by government officials and industry leaders. Designed and supplied by Danieli, this complex is the largest investment project in the metallurgical industry of Uzbekistan, for the production of cold rolled galvanized and color coated flat products. Uzbekistan president Mr Shavkat Mirziyoyev visited the enterprise where the latest Danieli cold-rolling and strip-processing technologies and automation processes are installed and in operation and said “This is one of the most modern industrial facilities not only in our republic, but also in the countries of Central Asia.”

Toshkent Metallurgiya Zavodi and MetProm awarded Danieli the design and supply of the most advanced Cold Mill Complex in May 2018. The push-pull pickling section -based on Danieli Turboflo technology- combines highly-efficient tank design and process control to ensure the production of iron oxide-free strip over the entire product range and strip speeds. The two-stand reversing mill, which will operate at up to 1,200 meters per minute, features an optimized mill layout configuration and an advanced tuning system for mill threading and tailing out sequences that will lead to a high material yield. The hot-dip galvanizing line will produce CQ, DQ, DDQ, and HSLA coated grades with excellent coating uniformity (down to 40 g/m2 each side at 180 mpm) of strip in thicknesses from 0.3 to 1.2 mm and widths from 800 to 1,250 mm. The 300,000-tpy color-coating line features coaters based on single-slide design that allow specific paint thickness to be applied evenly across the strip surface.

The Tashkent Metallurgical Plant will annually produce 500,000 tonnes of galvanized and colour-coated flat products. And this will make it possible to meet the needs of hundreds of enterprises engaged in the production of building materials and steel structures, household appliances, electrical and packaging for food products. Previously, this need was met mainly through imports.”

In the future, the plant products also will meet the new needs of the domestic automobile and agricultural machinery industries. At the first stage of the enterprise activity, about 400 million dollars will be saved due to the production of import-substituting products. It was also noted that in the prime cost of sandwich panels and roofing materials, the share of primary products manufactured in Uzbekistan will grow from 50 to 90%. In the context of ventilation and air conditioning systems, this figure will increase from 30 to 50%, and in consumer electronics from 35 to 50%. Consequently, the final products will become cheaper.

Tashkent Metallurgical Plant is a green production complex complying with the strictest emission laws and energy efficiency levels.

Source - Strategic Research Institute

voda 30 maart 2021 06:39

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Hoa Phat Plans 5.6 Million Tonne Steel Plant in Vietnam

Vietnam-based steelmaker Hoa Phat Group has announced that its subsidiary Hoa Phat Dung Quat Steel Joint Stock Company plans to invest VND 85 trillion (USD 3.67 billion) in the construction of its Hoa Phat Dung Quat Steel Gang Manufacturing Area 2 Project. With the investment, the project will have an annual production capacity of 5.6 million tonnes, including 4.6 million tonnes of flat steel and 100,000 tonnes of high quality bar and wire rod. The construction is scheduled to be completed and the project to be put into operation within 36 months from the date of granting a construction permits.

On March 25, 2021, the Board of Directors of Hoa Phat Group Joint Stock Company held a meeting and approved the investment

1.Project name: Hoa Phat Dung Quat Steel Gang Manufacturing Area 2

2.Investor: Hoa Phat Dung Quat Steel Joint Stock Company

3.Project implementation location: Expected Binh Dong Commune and Binh Thuan Commune, Binh Son District, Quang Ngai Province, Vietnam.

4.Estimated land area to use: Estimated 283.73 hectare

5.Total investment: Estimated 85,000 billion VND, of which 70,000 billion VND fixed capital & 15,000 billion VND working capital

6.Capacity: Expected 5.6 million tonnes per year, of which flat steel estimated at 4.6 million tonnes per year & 0.1 million tonnes per year of high quality bar and wire rod

Source - Strategic Research Institute

voda 30 maart 2021 06:40

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Baogang Worker Commits Suicide by Jumping in BF Slag Pit

Global Times reported that a worker in a Baotou Iron and Steel Group’s plant in Baotou in North China's Inner Mongolia Autonomous Region jumped into the molten metal in a blast furnace slag pit and died and a video showing this incident went viral. The video clip shows that a person jumped into a furnace after lingering on its side for a while. Rumors circulating online said that the person in the video, a male worker at Baogang Group, committed suicide by jumping into the molten metal because of too much pressure at work. In the video, he walked to the slag spray port during the smelting operation which was glowing red due to the high temperature. Standing at side of the port, he peeked into it, took off his hat, walked a few more steps toward the converter, jumped and disappeared in the video. The time in the footage appears to be Wednesday March 24, 2021 but the exact time of the incident cannot be determined as the image is not clear and incomplete. The footage was apparently taken from surveillance video of the steelworks.

Baotou Emergency Management Bureau expressed sympathy for the victim but said that it is not clear about when and where the incident happened. The identity of the victim and the cause of death have not been confirmed and the police have started an investigation.

Baogang Group, established in 1954, is a major steel producer and China's largest light rare-earth metals producer. It now owns two listed companies, the Inner Mongolia Baotou Steel Union and the China Northern Rare Earth, with total assets of more than 180 billion Yuan and 48,000 registered employees.

Source - Strategic Research Institute

voda 30 maart 2021 06:40

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Multiple Firms Submit EoI for Neelachal Ispat Nigam Ltd

According to media reports Tata Steel Long Products Ltd, JSW Steel Ltd and AM/NS India have submitted expression of interest for the Odisha based state owned Neelachal Ispat Nigam Ltd by 29 March deadline. Department of Investment and Public Asset Management Secretary Mr Tuhin Kanta Pandey tweeted “Multiple expressions of interest were received for privatisation of NINL. The transaction moves ahead to the second phase, on schedule”.

The Cabinet Committee on Economic Affairs on 8th Jan 2020 had given 'in principle approval for strategic disinvestment of 93.7% equity shareholding of Neelachal Ispat Nigam Limited to a strategic buyer, identified through a two-stage auction procedure. This Preliminary Information Memorandum and Request for Expression of Interest had been prepared for providing information about the Company and the Transaction to the Interested Bidders and inviting Expressions of Interest from Interested Bidders for the disinvestment of 100% shareholding

Neelachal Ispat Nigam Limited was incorporated in 1982 to set-up an Integrated Steel Plant to undertake manufacturing and sale of steel products. NINL's manufacturing unit is located at Kalinganagar Industrial Complex, Duburi in Odisha. The Company has built its manufacturing facility in two phases. In Phase I, the Company had set up the blast furnace of 1.1 million tonne per annum to produce pig iron which was commissioned in 2002. Subsequently, other supporting facilities like Sinter plant, Coke oven plant, Power plant were commissioned. The Company thereafter set up a Steel Melting Shop with installed capacity of 897,000 tonnes per annum for producing billets as Phase II capacity expansion plan along with Continuous Casting Shop, Ladle Furnace, Billet Caster and other auxiliary facilities which were commissioned during FY 2014. NINL has also been allotted a captive iron ore mine in Odisha having an estimated mineable reserve of around 90.91 million tonne. The major shareholders of NINL include MMTC 49.78%, NMDC 10.10%, MECON 0.68%, BHEL 0.68%, IPICOL 12.00% and OMC 20.47%.

Source - Strategic Research Institute

voda 30 maart 2021 06:40

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Liberty Steel to Restart Steel Making in Rotherham

According to latest reports in British media, Liberty Steel UK plans to restart steelmaking next week as it continued to seek new funding after its main backer Greensill Capital went into insolvency and is in constructive discussions with the UK government about potential assistance. Liberty stopped production earlier this month over supply issues linked to Greensill's demise but said it expected work to recommence on 6 April. It said restart efforts had been supported by strong orders and customers paying up front. The restart is understood to refer to electric arc furnace steelmaking at Liberty Steel's Speciality Steels site in Rotherham in northern UK, Liberty's sole crude steel production site in the UK. Liberty's Speciality Steels unit had stopped production March 8 and furloughed its employees until the end of March. As per market reports, the operation failed to buy steel scrap for EAF, typically about 40,000 -45,000 tonnes per month. Liberty did not release full details of the restart nor the expected production level at the site.

It is also reported that GFG Alliance Chairman Mr Sanjeev Gupta in a special podcast sent to all GFG Alliance staff moved to reassure his global workforce of 35,000 that every effort was being made to find alternative sources of funding. He would not confirm the extent of GFG’s debts, but said they were substantial. Describing his global steel business as the largest industrial start up, he said that its dependence on Greensill was because it had not been able to access normal, traditional financing. Mr Gupta said GFG has been in the process of diversifying its global funding away from Greensill. He said “The intention was to move our steel business away as well. We now have to complete that journey.”

UK government has already rejected appeals from GFG for a GBP 170 million emergency loan over weekend but is seeking ways to protect 3,000 British workers and the critical steel industry. The UK government refused the loan amid concern over GFG’s opaque corporate structure and whether UK taxpayer money could end up bailing out overseas businesses. GFG Alliance employs about 35,000 people around the world.

Steel worker unions, whose representatives met ministers online on Monday afternoon, have urged the government to take the UK business into public ownership. Unions have called for nationalisation.

GMB National Officer Mr Ross Murdoch said “Now that the Government has stated it will not provide the bailout sought by Sanjeev Gupta, GMB will now seek an urgent meeting with Kwasi Kwarteng, Secretary of State for BEIS to discuss Plan B. This must include all options, including taking the UK business into public ownership.”

Community General Secretary Mr Roy Rickhuss CBE said “We’re in close contact with the company and they continue to pursue every avenue to raise cash and refinance the organisation. Across Liberty Steel UK the local management and trade union representatives are working tirelessly to find a way through this difficult period. These are extremely challenging times, and we hope Mr Gupta will succeed in obtaining the necessary financing with or without government support. However if he is not able to do this then government must step in to protect the jobs and assets. Community is in regular dialogue with the Business Department and we’ve been encouraged by government’s focus on the on going situation. Community will continue to engage constructively with all stakeholders as we work day and night to secure the future of our businesses.”

Unite assistant general secretary for manufacturing Mr Steve Turner said “Steel is a foundation industry and is essential for the recovery of the UK economy as we rebuild from Covid-19. Unite is urging the government to do everything that is necessary in order to preserve Liberty Steel and secure its long-term future. This is key to protecting the jobs of its workforce and the communities where it is based, to safeguard its supply chain and ensure its customers receive the products they require. No option should be ruled out in protecting the long-term future of Liberty Steel and that must include the option of nationalising the business.”

Source - Strategic Research Institute

voda 30 maart 2021 06:41

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German Steel Workers Unions Agree on Wage Agreement

Handelsblatt reported that in the collective bargaining for the north-west German steel industry, there is an agreement on a new collective agreement. Employers and IG Metall agreed on Saturday morning one-off payments for the around 70,000 employees in the industry in North Rhine-Westphalia, Lower Saxony and Bremen, as both sides announced. As of June 30, 2021, employees will receive a corona bonus of 500 euros. In addition, the employer and the union agreed on a further one off payment of 600 euros, which will be paid every year from 2023. On the way there, there will initially be 250 euros in December 2021 and a further 250 euros in February 2022. This additional collectively agreed remuneration can also be used to secure employment and converted into free time. The collective agreement runs until May 31, 2022.

Steel Employers Association Chairman Mr Heinz Jörg Fuhrmann said that the collective agreement serves to maintain the company's financial ability to act in the face of the existence-threatening loss of substance in the corona crisis.

IG Metall boss Jörg Hofmann said that under extremely difficult conditions, it was possible to sustainably stabilize the wage development. He said “The steel deal could not simply serve as a blueprint for the on going negotiations for the more than 3.8 million employees in the metal and electrical industry, Hofmann emphasized. The situation in the industries is too different for that.”

The twelve-hour sixth round of negotiations in Düsseldorf, which ended on Friday night, had not yet made a breakthrough, but brought a rapprochement. The North Rhine-Westphalian metal employers had offered a one off payment of 350 euros for the current year and had promised a wage increase for the coming year if the union agrees to a long term of the collective agreement. The union had asked for a volume of 4% for one year, which, depending on the situation in the companies, can be used for wage increases or for measures to safeguard jobs and cope with industrial transformation.

Source - Strategic Research Institute

voda 30 maart 2021 06:42

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OMK Produces Small Diameter Electric Welded Tubing for Rosneft

Russian pipe maker United Metallurgical Company OMK has produced the first commercial batch of 60.32 mm high strength tubing from its own hot-rolled steel for Rosneft. The batch was accepted by the customer without any comments. OMK was one of the first in Russia to master the production of electric welded tubing of such a small diameter. The main share of pipes of this diameter is present on the domestic market in a seamless design. OMK is producing tubing on the basis of the new electric-welded pipe shop at its Vyksa plant in Nizhny Novgorod region in Russia. Since the start of production in July 2020, it has already launched production of tubing pipes with diameters of 73.02 mm and 88.9 mm and pipes for oil and gas pipelines.

OMK began production of a new product type for itself - tubing after the commissioning of a new electric pipe welding shop in the Nizhny Novgorod Region in July 2020. To connect tubing, couplings with triangular threads (NU, tubing) of our own production are used. The workshop with a finishing center for threading and product testing is the only one in Russia capable of producing the entire range of oil and gas pipelines, tubing and casing pipes, including those with premium and semi-premium connections. The most advanced technological lines from the leading international and Russian manufacturers are installed here. A modern electric welding machine for flexible forming from Nakata & Mitsubishi Co makes it possible to produce pipes of strength groups J55, K72, N80 without additional heat treatment.

All new OMK products are manufactured in accordance with Russian and international standards: GOST 31446-2017, API Spec 5CT and GOST 52203-2004 with standard couplings with triangular threads (NU, NKTN) of our own production.

Source - Strategic Research Institute

voda 30 maart 2021 06:43

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ArcelorMittal Promotes Mr Sapan Gupta as Global General Counsel

Economic Times reported that ArcelorMittal has promoted ArcelorMittal Nippon Steel India Vice President & General Counsel Mr Sapan Gupt to the position of Global General Counsel, which comes into effect from June 1. General Counsel will deal with all the legal and compliance matters of ArcelorMittal, which is present across the globe.

Mr Sapan Gupta joined the group just over a year ago to head the legal function in India. Prior to his role at ArcelorMittal Gupta headed the banking and financial services practice at Shardul Amarchand Mangaldas, one of India’s leading law firms. He has also held legal positions at Bajaj Finance, Standard Chartered Bank, HSBC, ICICI Bank and the Tata Group. Mr Gupta also worked overseas at Sidley Austin in New York shortly after completing his Master of Laws degree at Harvard Law School. He obtained his primary law degree from Delhi University.

Source - Strategic Research Institute

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voda 30 maart 2021 06:44

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Dr Alexander Becker is New CEO of GMH Group

On July 1, 2021, Dr Alexander Becker, 43, will head GMH Group as CEO. Georgsmarienhütte Holding GmbH Chairman Dr Jürgen Großmann said “I am very pleased that we are Dr Alexander Becker as the new CEO for the GMH Group. With his broad international industrial experience and his proven management skills, he has all the prerequisites to lead the GMH Group successfully into the future. He will give her new impetus for growth, innovation and presence on the world markets and through a strict focus on results.”

In December 2020, CFO Mr Thomas Löhr took over the interim chairmanship of the management.

Since 2015, Dr Alexander Becker worked for thyssenkrupp and headed the Forged Technologies business unit from Brazil and Germany. He previously gained industrial experience in the automotive sector: at Continental AG, these were positions in Brazil and China from 2007 to 2014. In 2006 Alexander Becker received his doctorate in the field of automotive from the WHU - Scientific University for Management in Koblenz / Vallendar. Before that, he studied international management in Rio de Janeiro and industrial engineering at the Technical University of Darmstadt.

Source - Strategic Research Institute

voda 30 maart 2021 06:46

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ArcelorMittal Brazil Denies Employees Vaccination outside SUS

Regarding the article Entrepreneurs get vaccine on the sly, published on Piauí magazine's website on March 24 and disclosed by other press media, ArcelorMittal Brazil stated that the company has never bought any Covid-19 vaccine from Pfizer or any other pharmaceutical company. The company has never contacted Pfizer or any other pharmaceutical company for direct purchase of coronavirus vaccines. It said “Abertta Saúde, ArcelorMittal's health management company, acts as an advanced vaccination site of SUS (Brazilian Public Health Assistance System), supporting the Municipal Health Departments of the cities of Belo Horizonte and Contagem, in Minas Gerais state. However, ArcelorMittal is unaware of any of its professionals being involved in acts correlated with vaccination outside the protocols of the Ministry of Health and the National Immunization Program PNI. ArcelorMittal reinforces that it fully complies with the immunization rules established by health authorities and that it has a consolidated integrity policy with strict ethical conduct standards.”

Piauí magazine website article “BUSINESSMEN SNEAK VACCINE” on 24 March had alleged that “In a group of politicians and businessmen, mostly linked to the transportation sector in Minas Gerais, and their families, on Tuesday the 23rd, took the first of two doses of Pfizer vaccine against Covid-19, in Belo Horizonte. They bought the immunizer on their own initiative and did not pass it on to SUS (Unified Health System), as required by law. The second dose is expected to be applied to about fifty people in thirty days. The two doses cost each person 600 reais. The organizers were the brothers Rômulo and Robson Lessa, owners of the Saritur road. A garage belonging to a group company was improvised as a vaccination post. According to reports, the group was vaccinated by a nurse who was late because she was immunizing another group at Belgo Mineira, a mining company now owned by ArcellorMittal Aços.”

A source familiar with the case told the magazine that the vaccine was from Pfizer, but the laboratory denies that it sold its immunizer in Brazil outside the scope of the national immunization program.

Congress approved a project authored by the President of the Senate, Rodrigo Pacheco (DEM-MG), about 20 days ago, which authorizes the purchase of vaccines by the private sector, but determines that all doses should be donated to SUS until the groups risk factors 77.2 million people, according to the Ministry of Health, have been fully immunized across the country. Brazil has vaccinated less than 15 million people so far.

Source - Strategic Research Institute

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voda 30 maart 2021 06:47

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GMS Market Commentary on Ship Breaking in Week 12

World's leading cash buyer of ships for recycling GMS said that “Several large LDT sales have taken place this week, as Owners dip in to take advantage of the red hot sub-continent markets of the moment. Almost all of the locations saw some activity last week, with India even getting in on the act despite being the lowest placed sub-continent market with one high-priced stainless-steel tanker purchase registering for the week. With abysmal rates persisting across the sector, VLCCs and FSUs seem to be the types of units mostly in the firing line at present, whilst dry bulk and containers continue to soar. FSUs in particular are extremely difficult vessels to deal with for recycling, due to the massive amounts of sludge remaining on board and a sub-continent hot works standards being far more stringent these days to allow entry with all cargo holds, slops tanks and cargo lines required to be totally free of all cargo residues, slops and sludges and flushed clean to avoid any accidents during the recycling phase. Therefore, FSUs become a position on the forward market as cleaning / removal of usually over 1,000 Tons if sludges can take over 3 weeks and no End Buyer is willing to work / wait on a vessel with a 2 month forward delivery time frame, especially as markets remain overheated at present and with every chance of cooling off as we approach the monsoon / summer months.”

On the other end, the Turkish market went through a tumultuous time as the Lira and steel fundamentals, both declined over the last week.

Overall, we are witnessing the highest-priced rates seen across the sub-continent for a number of years, with several sales taking place above USD 500/LT LDT on decent spec units. Notwithstanding, whether this lasts for a period of time remains to be seen, with the volatility we have regularly witnessed this year, always likely to strike.

Source - Strategic Research Institute

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voda 30 maart 2021 06:54

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MPs Allege Fraudulent Eco Clearance for Steel Brands in Harare

Newsday reported that Zimbabwe’s Parliamentary Portfolio Committee on Environment, Climate and Tourism revealed in a recent report that Harare Based steel manufacturing company Steel Brands Pvt Ltd, started operating in 2016, was fraudulently awarded an Environmental Impact Assessment certificate by the Environmental Management Agency and Harare City Council, which resulted in massive pollution in the nearby Houghton Park suburb. The committee said “The regulation of the steel manufacturing plant to a light industry through granting of the company a development permit was not consistent with environmental pollution considerations. Rather, investment promotion was prioritised at the expense of health and safety of the citizens.”

The committee further discovered that Steel Brands was once penalised for exposing residents to pollution in 2016. On October 25, 2016, the company was fined USD 1 000 by EMA for unlawfully implementing a prescribed project without an EIA certificate. The company ceased its operations for three months because of the concerns raised pertaining to environmental safety and health and industrial zoning emanating from the plant’s location.

The committee recommended that the steel manufacturer should relocate to a heavy industrial area before December 31 this year.

Source - Strategic Research Institute

voda 30 maart 2021 16:46

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Tata Steel maakt afspraken over verduurzaming

Door AFN op 30 maart 2021 14:24
Views: 991

IJMUIDEN (ANP) - Tata Steel Nederland wil zijn uitstoot van CO2 aanzienlijk terugbrengen. De onderneming heeft daarover afspraken gemaakt met de rijksoverheid. Tegen 2030 moet de jaarlijkse uitstoot van CO2 met 5 Mton zijn teruggebracht, gelijk aan 40 procent van de huidige uitstoot en ook meer dan de eerder afgesproken bijdrage aan de klimaatdoelen.

Een van de manieren waarop Tata Steel de CO2-reductie wil realiseren is het afvangen van de uitstoot bij de productielocatie in IJmuiden. De CO2 die wordt afgevangen moet 15 kilometer uit zee in lege gasvelden worden opgeslagen. Een andere inzet die Tata Steel beoogt is op het terrein van waterstoftechnologie. Zo moeten restgassen uit het productieproces worden omgezet in waterstof en wil het bedrijf aansluiten op het nog te realiseren waterstofnet.

Tata Steel erkent dat de daadwerkelijke realisatie van de plannen afhankelijk is van vergunningen en financiering. Het bedrijf zit nog in de planfase en naarmate de tijd vordert moet meer bekend worden over de bekostiging. Zo mikt Tata Steel onder andere op een bijdrage van het rijk via subsidies ter stimulering van duurzame energieproductie en klimaattransitie. Daarnaast kan het zijn dat het bedrijf ook de hulp inroept van externe financiers.

Demissionair minister Bas van ’t Wout van Economische Zaken en Klimaat noemt de beoogde reductie van 5 Mton een "ambitieuze stap" waarmee Tata Steel een belangrijke bijdrage levert aan het Klimaatakkoord. hij benadrukt dat de CO2-reductieplannen niet kunnen worden gehaald zonder te voldoen aan enkele belangrijke randvoorwaarden. "Daarom zet het kabinet zich in om knelpunten op het gebied van bijvoorbeeld infrastructuur en vergunningverlening die noodzakelijk zijn voor de CO2-reductie, weg te nemen", aldus Van 't Wout.

Ook denkt de rijksoverheid mee over mogelijkheden om de nodige investeringen financieel mogelijk te maken met bestaande fondsen, zowel nationaal als Europees. Naast CO2-reductie is het volgens de minister ook zaak de zorgen in de regio IJmuiden over gezondheid, milieuhinder en overlast voor de omgeving weg te nemen Ook dat staat in de afspraken tussen rijk en Tata Steel.

voda 31 maart 2021 06:12

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Staalfabrikant Tata Steel scherpt plannen voor verminderen CO2-uitstoot aan
Caitlin Stooker 30 mrt

Tata Steel in IJmuiden Foto: Sem van der Wal/ANP

Staalfabrikant Tata Steel heeft zijn plannen voor het reduceren van de CO2-uitstoot verder aangescherpt, in overleg met het ministerie van Economische Zaken en Klimaat (EZK). Dat maken het ministerie en de staalfabrikant dinsdag bekend.

In de zogenoemde Expression of Principles staat dat Tata Steel in 2030 zo'n 40% minder CO2 wil uitstoten dan het nu doet. Dat is meer dan in het Klimaatakkoord is overeengekomen. Tata Steel stoot nu jaarlijks 12,5 Mton CO2 uit, en heeft eerder een reductie van 30% afgesproken.

Demissionair minister Bas van 't Wout noemt de beoogde doelstelling een 'ambitieuze stap' en een 'belangrijke bijdrage' aan het Klimaatakkoord. 'Ik ben blij met deze grote stap en erken het nationale belang van de mogelijkheid voor het staalbedrijf om in Nederland te kunnen blijven investeren', schrijft hij in een brief aan de Tweede Kamer.

De noodzaak om de CO2-uitstoot te verminderen is groot. Het Nederlandse Klimaatakkoord, het Klimaatakkoord van Parijs en de stijgende CO2-emissieprijs hangen als een donderwolk boven de staalsector.

Goedkeuring nodig
Met de nieuwe afspraken wil het staalbedrijf jaarlijks 5 Mton CO2 minder uitstoten. Hoe Tata Steel die extra reductie wil bereiken, staat in de plannen die het staalbedrijf bij de toezichthoudende Omgevingsdienst Noordzeekanaalgebied heeft ingediend.

Om het nieuwe doel te realiseren, wil Tata de komende jaren uitstoot bij de fabrieken in IJmuiden afvangen. De CO2 moet in lege gasvelden onder de Noordzee worden opgeslagen, meer dan vijftig kilometer van de kust. Ook wil Tata meer inzetten op waterstoftechnologie en restgassen gebruiken om 100.000 ton waterstof per jaar te maken. De waterstof kan vervolgens ingezet worden om staal te maken, of worden geleverd aan een toekomstig waterstofnetwerk.

De projecten zoals CO2-opslag zijn eerder genoemd, maar de plannen zijn nu concreter, zegt woordvoerder Ariane Volz van Tata Steel. 'Zodra de Omgevingsdienst de plannen goedkeurt, kunnen we werk voorbereiden en vergunningen aanvragen.'

Financiering
Als de plannen worden goedgekeurd, en de benodigde financiering wordt overeengekomen, zou dit leiden tot 40% reductie van de CO2-uitstoot van IJmuiden in 2030, zegt Volz. Het bedrijf wil in 2050 klimaatneutraal zijn. Daarvoor is wel vanuit de overheid financiële en regelgevende steun nodig.

Ook de minister schrijft dat het 'duidelijk' is dat de ambities niet zomaar kunnen worden gerealiseerd. Het demissionair kabinet zegt nu zich ook in te zetten om knelpunten op het gebied van bijvoorbeeld infrastructuur en vergunningverlening weg te nemen. Den Haag denkt tevens mee over mogelijkheden om de nodige investeringen financieel mogelijk te maken met de bestaande fondsen, zowel op nationaal als Europees niveau. 'Ook erken ik de forse en vaak onrendabele investeringen die Tata Steel Nederland zal moeten doen om de transitie te kunnen maken', aldus de minister.

De overeenkomst komt voort uit de vorig jaar ingediende motie Moorlag. Daarmee riep de Tweede Kamer de minister op om maximaal te bevorderen dat de Nederlandse staalindustrie kan innoveren en verduurzamen.

Overlast omgeving
De staalfabrikant en de Rijksoverheid hebben in de plannen ook de publieke zorgen omtrent de gezondheid, milieuhinder en overlast voor de omgeving 'geadresseerd', stellen ze. Die zorgen zijn aanzienlijk. Advocaat Bénédicte Ficq wil namens de stichting Frisse Wind en inmiddels meer dan 750 mensen het Openbaar Ministerie ervan overtuigen een strafzaak te starten tegen Tata Steel, vanwege het moedwillig schaden van de gezondheid van mens en dier.

De publieke zorgen vormen volgens het ministerie een 'belangrijk onderdeel' van de overeenkomst. Volgens Tata Steel loopt dit traject parallel. De plannen worden in de komende periode verder uitgewerkt.

Originele link van het artikel: fd.nl/ondernemen/1378740/staalfabrika...

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voda 31 maart 2021 06:42

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China’s Green Steel Drive to Push Steel Making Costs

China is rolling out proposals related to its goal of hitting peak carbon emissions by 2030, including setting an emission peak target for the steel sector at 2025. Experts said that achieving the target means that steel costs are likely to rise which might in turn drive up housing and automobile prices. But it would also prompt steelmakers to optimize operations by using more cutting-edge new technologies. According to a report of the Economic Information Daily, China has generally been clear about its peak carbon emissions goals for the steel industry. The country initially plans to achieve peak carbon emissions in 2025 for the steel sector, five years ahead of the general carbon emissions peak target. By 2030, the volume of carbon emissions in the steel industry is expected to decrease by 30% compared with the sector's emission peak. Chinese state-run think tank Metallurgical Industry Planning & Research Institute Secretary Mr Li Xinchuan said at a forum in Beijing earlier this month that China's steel industry will reach peak carbon emissions and output by 2025 and will cut emissions by 30% by 2030,.

Beijing Lange Steel Information Research Centre Director Ms Wang Guoqing told the Global Times that controlling total steel output will affect the steel industry in the short term. She said "However, this will in turn encourage steelmakers to optimize their production processes by adopting short production flows and boosting the application of new technologies, such as deoxidization with hydrogen to reduce carbon emissions.”

Investment Association of China’s Green Innovation Centre of the Investment Consulting Special Committee Deputy Director Mr Guo Haifei however said that it will be hard for Chinese steelmakers to achieve the current peak carbon emissions target by 2025, but not impossible. He told "To achieve the objective, Chinese steel companies have to shift their production methods and replace hard coke with electricity. This would push the cost of steelmaking higher and reduce profit margin, and some steelmakers might reduce production as a result. Steel sector's upstream and downstream enterprises will be affected. For example, the coke industry is expected to shrink, while the electricity industry will increase investment in clean sources such as wind turbines. Higher steelmaking costs would also increase the costs of raw materials for downstream industries like real estate and infrastructure, which will eventually lead to higher prices for housing. Vehicles will also likely be affected.”

The steel industry is a sector that produces the most carbon emissions in China, accounting for about 15% of the national total. Thus, it's crucial for steelmakers to pursue green and low-carbon development during the 14th Five-Year Plan period of 2021-25. China's steel industry carbon emissions are expected to fall by 30% from the peak to 420 million tonne by 2030 and will fall substantially by 2035 and meet China's goal for carbon neutrality by 2060. Incidentally, China's largest steel producers state-controlled Baowu and Hebei Iron & Steel have committed to reaching peak carbon emissions in 2022-23.

Source - Strategic Research Institute

voda 31 maart 2021 06:45

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Indian Auto Makers to Hike Car Prices in April 2021

Likely increase in prices of steel to record levels in April 2021 will impact automobile manufacturers in the coming months as most of them will have to increase prices of their products to protect their operating margins, but most manufacturers will not be able to pass on entire rise in input cost as the economy is still not out of the Covid-19 induced slowdown. According to Care Rating, most auto manufacturers are expected to take a second price hike in the range of 1-3% in April 2021 after already having taken 3-4% hike in January 2021. Leaders in the passenger vehicle & two-wheeler segments Maruti Suzuki & Hero MotoCorp have already announced price increases wef 1 April 2021. Toyota Kirloskar Motors Limited, Renault India and Nissan Motors etc have likewise announced price hikes effective from April 1 and others will follow suit

Maruti Suzuki announced “Over the past year the cost of company's vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in April, 2021. This price increase shall vary for different models.”

World’s largest two wheeler maker Hero MotoCorp has announced increase in the ex-showroom prices of its motorcycles and scooters from April 1, 2021. It said “The price increase across its range of two-wheelers will be up to INR 2500. The exact amount will vary according to the model and the specific market. The price hike is to partially offset the impact of increased commodity costs.”

According to JM Financial Institutional Securities “After recording a sequential rise of 19% in the December quarter, domestic steel prices have jumped by another 19% QoQ in the on-going quarter. Aluminium prices have increased by 11% QoQ in Q3FY21 and further 7% QoQ in Q4.”

Care Ratings said “After a slight dip in February 2021 domestic steel prices recovered in March 2021 and are expected to remain elevated over the coming months on the back of higher international steel and iron ore prices. It is anticipated that HRC prices are expected to go up by at least INR 3,500-4,000 per tonne in April 2021. INR 4,000 per tonne hike will take domestic HRC prices to INR 59,000-60,000 per tonne.”

Following the increases in January there was no impact on retail and wholesale demand. Passenger vehicle (cars+SUV+vans) February wholesales grew by nearly 18% while two-wheeler wholesales during the same month went up by 10%.

Ratings agency ICRA said India's passenger vehicle industry, after a 2-4% de-growth in 2020-21, is expected to post a growth of 22-25% in 2021-22. As per an ICRA research, the growth will be achieved on a lower base of Q1FY21. Besides, expected pick up in economic activity, improved consumer sentiments, resilient rural income sentiments, healthy crop cycles and several government initiatives will propel growth. Further, the agency noted that shift towards personal mobility from public transport in the present pandemic laden scenario will also help the sector.

Source - Strategic Research Institute

voda 31 maart 2021 06:46

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Cleveland Cliffs Expects HR Prices in 2021 at USD 1075 Per Tonne

US miner & steel maker Cleveland-Cliffs Inc has based its latest financial guidance on assumption that the US HRC price averages USD 975 per net ton (USD 1075 per metric tonne) for the remainder of 2021, signalling that outlook for steel prices for 2021 remains at historic levels

Cleveland-Cliffs’s forecast includes the following expectations

First-quarter 2021 adjusted EBITDA of approximately USD 500 million

Second-quarter 2021 adjusted EBITDA of approximately USD 1.2 billion

Full-year 2021 adjusted EBITDA of approximately USD 3.5 billion'

Cleveland-Cliffs Inc, formerly Cliffs Natural Resources, is a Cleveland Ohio based company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. It is the largest flat-rolled steel producer in North America.

Source - Strategic Research Institute

voda 31 maart 2021 06:47

0

UK Government Says Nationalisation an Option for Liberty Steel

BBC reported that the UK government, after rejecting request for GBP 170 million in financial support, has restated that it is considering all options to keep Liberty Steel's UK plants and jobs afloat, including nationalisation. UK’s Business Secretary Mr Kwasi Kwarteng told the BBC “Liberty Steel is an important national asset but that the structure of its owner Mr Gupta Family Group is very opaque and not helpful. We are custodians of taxpayer's money and we feel that if we gave the money, there was no guarantee that the money would stay in the UK and would protect British jobs. But all options are on the table to keep Liberty Steel jobs and plants going, including nationalisation. We think that the steel industry has a future in the UK. The UK's industrial decarbonisation strategy means the government wants to see clean steel produced. Electric arc furnace-produced steel of the kind that Liberty makes, we think that has a future in the UK.”

Mr Kwarteng said he wanted to see Mr Gupta's plans work through before the government took any further action.

Liberty Steel's founder Mr Sanjeev Gupta is trying to refinance GFG after its key financial backer Greensill Capital filed for insolvency earlier this month. GFG Alliance said “Most of its businesses around the world are performing well and generating positive cash flow, supported by the operational improvements we've made and strong steel, aluminium and iron ore markets. We are taking prudent steps across our global portfolio to manage resources while we try to negotiate a formal standstill agreement with Greensill's administrators and refinance the businesses. "In the UK, GFG Alliance has invested significantly to rescue steel and aluminium plants saving thousands of jobs in industrial communities across the United Kingdom that would have otherwise been lost."

There are about 3,000 staff directly employed at Liberty's UK sites, which include Rotherham, Motherwell and Newport, and a further 2,000 jobs at GFG Alliance in the UK.

Source - Strategic Research Institute

voda 31 maart 2021 06:48

0

Allegheny Technologies Workers Go on Strike

The United Steelworkers said that the union engaged in a strike against Allegheny Technologies Incorporated over unfair labour practices at 7 AM EDT at nine facilities. In negotiations that started in early January 2021, the company sought major economic and contract language concessions from roughly 1,300 union members who have not had a wage increase since 2014. USW International Vice President (Administration) Mr David McCall, who chairs the union's negotiations with ATI, called on the company to stop breaking the law and bargain in good faith for a fair contract. He said “We are willing to meet with management all day, every day, but ATI needs to engage with us to resolve the outstanding issues. We will continue to bargain in good faith, and we strongly urge ATI to do start doing the same. Through generations of hard work and dedication, Steelworkers at ATI have earned and deserve the security of a union contract. We cannot allow the company to use the global pandemic as an excuse to reverse decades of collective bargaining progress.”

ATI plans to continue operating with non-union employees and temporary replacement workers. Spokeswoman Ms Natalie Gillespie said “We are disappointed for this strike, especially at such an economically challenging time for ATI. We will continue negotiating to reach a competitive agreement that rewards our hard-working employees and positions ATI to succeed in the future.”

ATI says that it needs union members to pay a monthly premium for health care coverage, starting in 2024, and that has offered wage increases that will mean an employee earning USD 75,000 today will see a pay increase of USD 10,955 over the life of the four-year contract. All other employees at the company pay premiums for their coverage, as do employees at its rivals, giving them a competitive advantage

Both sides had agreed to a one-year contract extension in March last year to focus on the pandemic. That extension expired on February 28. Union members voted to authorize a strike early this month.

Allegheny Technologies Incorporated is a specialty Metals Company headquartered at Six PPG Place in Pittsburgh in Pennsylvania in USA. ATI produces titanium and titanium alloys, nickel-based alloys and super alloys, grain-oriented electrical steel, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings. ATI's key markets are aerospace and defence particularly commercial jet engines (over 50% of sales), oil & gas, chemical process industry, electrical energy, and medical. The company's plants in Western Pennsylvania include facilities in Harrison Township Allegheny Ludlum's Brackenridge Works, Vandergrift and Washington. The company also has plants in Illinois, Indiana, Ohio, Kentucky, California, South Carolina, Oregon, Alabama, Texas, Connecticut, Massachusetts, North Carolina, Wisconsin, Shanghai China and several facilities in Europe.

Source - Strategic Research Institute

voda 31 maart 2021 06:49

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Labour Party Demands Inquiry into Mr Cameron Links to Greensill

ITV reported that former British Prime Minister Mr David Cameron is under fire over his connection to a financial services company Greensill which collapsed amid scandal earlier this month. An investigation by the Sunday Times alleged that Mr Greensill enriched himself through a government-backed loan scheme he designed after the then prime minister gave him access to 11 Whitehall departments and agencies. The Sunday Times report alleged the Australian financier was given access to the departments while Mr Cameron was in No 10 so he could promote a financial product he specialised in.

Labour has demanded an inquiry having raised concerns that Mr Cameron as prime minister ordered Conservative peers to vote against proposals which would have stopped him lobbying for Greensill Capital. Labour says the collapse of Greensill could have been avoided had the Conservatives supported changes to the Lobbying Act in 2014. Labour leader Sir Keir Starmer said there should be an inquiry into David Cameron’s dealings with Greensill

Mr Cameron was employed by Lex Greensill as an advisor after he left Downing Street in the wake of the Brexit referendum in 2016. In his new role, the former Conservative leader reportedly tried to persuade government figures to grant emergency loans to Greensill Capital.

Greensill Capital was founded by 44 year-old Australian Mr Lex Greensill with the aim of making finance fairer and democratising capital. The company, which set out to make it easier and faster for companies to pay their bills, filed for insolvency protection in March this year leaving Liberty Steel in a precarious situation. Greensill was the main financial backer of Liberty Steel and its collapse has left the firm, which employs around 5,000 workers at a number of sites across the UK, facing an uncertain future.

Source - Strategic Research Institute

Vertraagd	21 mei 2024 11:36
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