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voda 22 februari 2022 07:55

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Global Iron Ore Production up 5% in 2021

Strategic Research Institute
Published on :
22 Feb, 2022, 5:30 am

According to the preliminary data released by the US Geological Survey, estimated global iron ore production in 2021 was 2,600 million tonnes of usable ore, which is 5.3% higher than a year ago. USGS said that increases in production, shipments, and trade of iron ore in 2021 were due to recovery from the effects of the global COVID-19 pandemic, which lowered steel production and consumption globally in 2020.

With 900 million tonnes of usable iron ore mined in 2021, Australia is the largest iron ore producing country, followed by Brazil at 380 million tonnes, China at 360 million tonnes and India at 240 million tonnes.

According to the report, overall, global prices trended upward to an average unit value of USD 178.27 per tonne in the first 9 months of 2021, a 64% increase from the 2020 annual average of USD 108.92 per tonne and a 90% increase from the 2019 annual average of UD 93.85 per tonne.

Bijlage:

voda 22 februari 2022 09:57

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Bullish US scrap momentum grows amid firming iron
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Approaching March trading, more US scrap market participants seem bullish about March pricing in the domestic market. Recent increases seen in pig iron prices amid growing tensions between Ukraine and Russia are supporting this expectation. Mills are expected to show stronger demand for scrap, specifically prime grades, rather than pig iron.

Towards the end of last week, following fresh Brazilian sales, pig iron offers increased to $560/tonne fob Brazil levels.

A scrap supplier tells Kallanish: “There have been remarkable price falls in prime grades in January and February. Although I am not expecting domestic scrap demand to fully recover, current market conditions point to a rise in prices for all scrap grades.

“Prices for all grades will definitely rise during March trading. I would say $20/gross ton at minimum. It could be up to $50/gt,” says another supplier who is not rushing to sell now.

US mills, which doubted price rises in previous weeks, are now seen to be convinced. “A rise seems inevitable now,” says one US mill source. “But I don’t think it will exceed $20/gt for any grade. Suppliers are suggesting price rises in export destinations but demand has slowed there too.”

On the West Coast, US-origin containerised HMS 1&2 80:20 prices are seen to be under pressure now after reaching $490/t cfr Taiwan last week.

On the East Coast, no deep-sea bookings were heard in Turkey last week following a US-origin deal at $507/t cfr Turkey the previous week. Although US suppliers are targeting to sell HMS 1&2 80:20 at above $510/t cfr, this level is found unacceptable by Turkish steel producers who are suffering from weak rebar demand in both export and domestic markets.

Burcak Alpman Turkey

voda 22 februari 2022 10:34

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Beursblik: Credit Suisse positief over Europese staalsector
Bank vindt markt te negatief gestemd.

(ABM FN-Dow Jones) Credit Suisse is positief gestemd over de Europese staalsector en dan met name over de kasstroom, die op het hoogste punt sinds 2008 staat. Dit bleek dinsdag uit een sectorrapport van de Zwitserse bank.

Credit Suisse voerde onder meer aan dat de Chinese vraag naar staal tekenen van herstel laat zien en ook de auto-industrie voert de vraag op. In de markt wordt echter rekening gehouden met een winstdaling in de staalsector van meer dan 90 procent. En dat is overtrokken, vindt de bank.

Credit Suisse rekent zelf voor 2022 op een daling van de EBITDA per ton staal met 46 procent, terwijl de markt op een afname van 93 procent mikt. Bovendien, zo stelde de bank in het rapport, is de markt zeer negatief gestemd over de staalontwikkelingen in China.

De bank raamt voor dit jaar een daling van de Chinese export van staal op meer dan 20 procent, terwijl de binnenlandse vraag naar verwachting met 2,7 procent stijgt en er indicaties zijn dat Beijing de economie van het land wil stimuleren.

Voor de staalprijzen in de Europese Unie verwacht Credit Suisse voor dit jaar een daling met ongeveer 20 procent naar 772 euro per ton. Dat heeft positieve gevolgen voor de vrijval van werkkapitaal, waarvan de balansen zullen profiteren.

Credit Suisse heeft een voorkeur voor laatcyclische staalspelers en partijen die de aandeelhouders een hoog rendement in het vooruitzicht stellen. Het advies voor het aandeel Voestalpine verhoogde de bank van Neutraal naar Outperform met een koersdoelverhoging van 36,70 naar 43,00 euro. Het advies voor de aandelen ArcelorMittal en ThyssenKrupp bleef Outperform en deze aandelen blijven ook sectorfavorieten.

Het advies voor het aandeel SSAB werd verlaagd van Outperform naar Neutraal, maar het koersdoel ging van 51,00 Zweedse kroon naar 57,00 kroon. Het advies voor de aandelen Salzgitter en Klöckner bleef op Underperform staan.

Door: ABM Financial News.

info@abmfn.nl

Redactie: +31(0)20 26 28 999

voda 22 februari 2022 15:23

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Mondiale staalproductie verder gedaald
In januari daling van 6 procent.

(ABM FN-Dow Jones) De mondiale staalproductie is januari verder gedaald. Dit bleek dinsdag uit cijfers van brancheorganisatie World Steel Association.

In totaal vervaardigden de 64 staalproducerende landen vorige maand 155 miljoen ton staal, een daling van 6,1 procent op jaarbasis.

Dat kwam vooral door China, wereldwijd met afstand de grootste fabrikant van staal. Daar daalde de productie vorige maand met 11,2 procent tot 81,7 miljoen ton.

In de VS steeg de productie in januari juist met 4,2 procent naar 7,3 miljoen ton.

In Rusland steeg de productie 3,3 procent en in India met 4,7 procent.

De EU kende een productiekrimp van 6,8 procent tot 11,5 miljoen ton. In Duitsland nam de productie met 1,4 procent af.

Verder daalde de staalproductie in Japan in januari met 2,1 procent.

Door: ABM Financial News.

info@abmfn.nl

Redactie: +31(0)20 26 28 999

voda 23 februari 2022 06:57

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NLMK Appoints Mr Vadim Valyas as New GD of Altai-Koks Plant

Strategic Research Institute
Published on :
23 Feb, 2022, 4:46 am

Russian steel maker NLMK Group announces the appointment of a new General Director of the Altai-Koks plant. From 1 March 2022, Mr Vadim Valyas, who previously held the position of production director, will become the General Director. He will focus on further improving the operating efficiency of the enterprise and developing coke production technologies. Previously, the position of General Director of Altai-Koks was held by Mr Pavel Lizogub, who is leaving NLMK Group.

Mr Vadim Valyas came to Altai-Koks in 1990. In 2002 he was appointed head of the production department. Since 2008, he has held the position of production director of the plant. Mr Vadim graduated from Kuzbass State Technical University with a degree in Chemical Technology of Solid Fuels and Carbon Materials, Altai State University with a degree in Anti-Crisis Management and Economics and Business Management.

Altai-Koks is one of Russia’s largest coke plants producing about 13% of all the coke produced in Russia. The company is located in the Siberian Federal District, close to the mining companies of Kuznetsk Coal Basin, where 80% of all Russia’s coke is mined. The production includes all technological processes: from processing of coal concentrate to the production of coke and chemical products. At the Altai-Koks plant there are five coke batteries with a production capacity of 4.4 million tonnes of dry coke per year. Advanced coke battery No.5 is unique for Russia and the CIS. Innovative technical solutions, using the most advanced domestic and foreign expertise, laid down the foundation for the design of this battery.

voda 23 februari 2022 06:57

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US Steel Production Capacity Utilization Recovers in Week 07

Strategic Research Institute
Published on :
23 Feb, 2022, 4:48 am

American Iron & Steel Institute reported that in the week ending on 19 February 2022, US’s domestic raw steel production was 1,764,000 net tons while the capability utilization rate was 80.1%. Production was 1,740,000 net tons in the week ending 19 February 2021 while the capability utilization then was 76.8 percent. The current week production represents a 1.4% increase from the same period in the previous year. Production for the week ending 19 February 2022 is up 0.3% from the previous week ending 12 February 2022 when production was 1,758,000 net tons and the rate of capability utilization was 79.8%.

Southern: 729KNT

Great Lakes: 601KNT

Midwest: 192KNT

North East: 171KNT

Western: 71KNT

Total: 1764KNT

(KNT – In ‘000 net tons)

Adjusted year-to-date production through 19 February 2022 was 12,807,000 net tons, at a capability utilization rate of 81.4%. That is up 3.2% from the 12,412,000 net tons during the same period last year, when the capability utilization rate was 76.7%.

voda 23 februari 2022 07:02

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Wuppermann Hungary Kft Receives International Energy Certificate

Strategic Research Institute
Published on :
23 Feb, 2022, 4:51 am

Leverkusen in Gyor based Wuppermann Hungary Kft has obtained the energy certificate in accordance with the requirements of the DIN EN ISO 50001:2018 standard. The certificate is the established standard for energy management, which proves that Wuppermann systematically increases energy efficiency in the company, recognizes potential savings and takes appropriate measures. SGS certificate says “The Energy management system of Wuppermann Hungary Kft has been assessed and certified as meeting the requirements of ISO 50001:2018 for development, production and sales of pickled, hot-dip, galvanized and foil-coated hot strip, cold-rolled, pickled and hot-dip galvanized hot strip.”

ISO 50001:2018 specifies requirements for establishing, implementing, maintaining and improving an energy management system, EnMS. The intended outcome is to enable an organization to follow a systematic approach in achieving continual improvement of energy performance and the EnMS. This is applicable to activities affecting energy performance that are managed and controlled by the organization, irrespective of the quantity, use, or types of energy consumed & requires demonstration of continual energy performance improvement, but does not define levels of energy performance improvement to be achieved;

Wuppermann Hungary Kft is a production site for flat products in the Hungarian port of Gyor-Gonyu. With an investment volume of over 110 million euros, the Wuppermann has built four production and logistics halls with a total area of around 33,000 square meters on the 100,000 square meters site since the building permit was granted in May 2015. The heart of the plant is a state-of-the-art combined pickling and hot-dip galvanizing plant with a processing capacity of 500,000 tonnes of steel per year.

With the globally recognized certifiable standard for the introduction and maintenance of an energy management system, Wuppermann ensures that it identifies and implements suitable measures for C02-neutral production by 2025. The certification is thus part of the sustainability strategy with which the Wuppermann Group focuses on the use of electricity from 100% C02-free sources in addition to the consistent reduction of energy requirements. By orienting itself to the standard, Wuppermann's energy efficiency and energy-related performance will be optimized and systematically improved in the long term.

The Wuppermann Group is a medium-sized family-owned company based in Leverkusen in Germany, which has been successfully active in steel processing for over 145 years. Its product portfolio includes surface-finished flat products, tubes and tubular components made of steel for the mechanical engineering, furniture, food, packaging, automotive, construction and solar industries as well as water and wastewater technology. The Wuppermann Group currently has five production sites.

voda 23 februari 2022 07:03

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OMK Improves Heat Treatment System for Pipe Valve Castings

Strategic Research Institute
Published on :
23 Feb, 2022, 4:54 am

Russian steel & pipe maker United Metallurgical Company OMK has improved the technological process for manufacturing pipeline valves weighing more than 2 tonnes for the oil and gas industry. Now, at the OMK Armstal plant in Blagoveshchensk in Bashkortostan, one of the largest manufacturers of pipeline valves in Russia, large-sized steel castings, which are subject to increased requirements, undergo a hardening procedure to give them enhanced mechanical properties. To give products of large dimensions additional properties, a unique 18 cubic meters hardening bath was installed in the steel shop of the plant. It is designed and manufactured taking into account the smallest nuances: cold water, when immersed in a casting heated to 1000 degree Celsius, does not boil due to continuous circulation. The bath is equipped with an original quenching fluid mixing system - hot water leaves and cold water enters, which improves the properties of the metal being quenched. Hardening provides increased strength characteristics and toughness of steel at sub-zero temperatures.

Hardening is the basis of heat treatment of metal. For hardening the vast majority of steels, non-ferrous metals and alloys, so-called hardening baths are used. This is a container that is filled with a liquid working medium (water, oil, salt solutions or polymers). In a bath with a constantly circulating liquid, metal products heated from 800 to 1150 degree Celsius are cooled.

This is due to the fact that the key customers of the OMK Blagoveshchensk plant - Transneft, Gazprom, Bashneft, etc are developing more and more fields in Siberia and Yamal, where pipeline valves are needed from materials resistant to aggressive media and extremely low temperatures of up to minus 60 degree Celsius. Because of this, the requirements for the mechanical properties of valves are increased.

voda 23 februari 2022 07:03

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Interpipe Reports YoY Surge in Output & Sales in January 2022

Strategic Research Institute
Published on :
23 Feb, 2022, 4:56 am

Ukrainian steel pipe & railway wheel maker Interpipe has announced that its crude steel output in January 2022 increased by 96.8% YoY & decreased by 0.9% MoM to 93,000 tonnes. In the given month, operational and trading figures in the railway product and pipe segments naturally declined due to seasonality effects as compared to the previous month.

Interpipes’s output of pipe products in January 2022 rose by 129.5% YoY & decreased by 16.5% MoM to 52,700 tonnes, while its sales of pipes increased by 53.2% YoY & fell by 45.5% MoM to 43,000 tonnes.

Seamless Pipes Production - 45,700 tonnes, up 108.0% YoY

Welded pipes – 6,900 tonnes, up 625.4% YoY

Railway products – 13,800 tonnes, down 13.7 % YoY

voda 23 februari 2022 07:04

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Tenova to Supply STC Furnace to Grand Blanc Processing in US

Strategic Research Institute
Published on :
23 Feb, 2022, 5:00 am

Leading technology provider Tenova has been contracted through its subsidiary Tenova Inc for the turnkey supply of a roller-hearth type Short Time Cycle, STC, furnace at Grand Blanc Processing’s wire processing facility located in Holly in Michigan in US This project will mark the third STC furnace installation for the facility and the new furnace will be seamlessly integrated with the existing furnaces in operation. Furnace start-up is expected to take place at the end of 2022.

The 26 metric tonne batch STC furnace will be used to spherodize anneal and stress relieve Grand Blanc Processing’s high quality wire products. The new furnace will include Japanese Daido Steel’s advanced nitrogen control technology. The nitrogen control system will reduce nitrogen consumption by up to 30% per cycle and reduce fuel consumption by 2% per cycle. Tenova Inc will also design and supply three product cooling tables as well as the complete control and automation package.

Tenova Inc. has been a licensee of Daido Steel’s STC technology for over 35 years. The energy efficient STC furnace provides low product variability and superior temperature uniformity.

Grand Blanc Processing is Japanese steel maker Kebelco Steel’s plant.

voda 23 februari 2022 07:04

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Ternium Palmar de Varela in Colombia Produces 282KT Steel Rods

Strategic Research Institute
Published on :
23 Feb, 2022, 5:02 am

The Ternium Palmar de Varela Industrial Center in Colombia celebrated one year since its inauguration today and expects to close in the first quarter of 2022 with 309,000 tonnes of straight rod and compact coil. At the close of 15 February 2022, the CIT Palmar de Varela produced 282,000 tonnes of steel in the first year, including the 3.5-month trial of the industrial complex, which began in November 2020. It is expected that, by the close of the first quarter of 2022, a production of 309,000 tonnes is reached.

Among the most relevant points of this first year of operations, it is highlighted that all the energy used in the different processes is 100% renewable. This led the company to obtain the EPM Green Energy Seal, an important recognition in terms of sustainability. In addition, its steel is 100% reusable and the complex reuses 98% of the water it uses in its processes.

With the increase in its capacity, Ternium will produce 33% of the steel that Colombia needs to supply the demand of sectors such as construction and infrastructure. This volume complements the capacity of the steel sector in the country, allowing it to cover 100% of the amount of material required to carry out infrastructure works such as the Bogotá Metro, the 4G and 5G roads, as well as housing projects. In this way, the company seeks to replace imports of this input with Colombian technology and labor.

voda 23 februari 2022 07:06

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NLMK Issues FACS for BOF Off-Gas System at Lipetsk to Primetals

Strategic Research Institute
Published on :
23 Feb, 2022, 5:05 am

Primetals Technologies has received the final acceptance certificate from NLMK Group in Lipetsk for the construction of off-gas systems at LD converters No 2 and 3 at steel plant LD2. The project's targets included reducing emissions at the steel plant to levels lower than European standards; improving the heat-recovery system to supply steam to the existing network; using the converter’s off-gas for further utilization; and increasing productivity. The latter was achieved thanks to optimal synchronization of the metallurgical aspects, the dedusting system, and the automation.

The primary BOF off-gas system was replaced by a sophisticated wet dedusting system, achieving dust concentrations below European standards, representing Best Available Technology. Furthermore, the heat-recovery system was replaced by an advanced cooling-stack system for steam generation. The new secondary dedusting system was designed to capture any emissions that would have remained inside the plant or that were previously escaping through the roof. After modernization: Thanks to the new dedusting system, the off-gas is completely captured and cleaned during hot-metal charging into the converter.

The implementation of completely new Level 1 & 2 automation systems, including the metallurgical model Dynacon, greatly improved production. The modernization process was performed for both BOFs in series. Even though the project was affected by challenges around Covid-19, both the commissioning and production ramp-up were completed in a shorter time than planned because of coordination and teamwork efforts from the involved parties.

voda 23 februari 2022 07:06

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ICDAS Starts Trial Production at New Wire Rod Mill Biga in Turkey

Strategic Research Institute
Published on :
23 Feb, 2022, 5:08 am

Turkey-based steelmaker i IÇDAS ÇELIK Enerji Tersane ve Ulasim Sanayi has started trial production at its third wire rod mill of a maximum rolling speed of 110 meters per second in Biga in Turkey, which was supplied by Italian plant maker Danieli. The mill has a monthly production capacity of 50,000 tonnes. The mill’s production is scheduled to start at the end of March.

The new line includes a ten-pass fast finishing block applied with the latest technology Multidrives M2 configuration; Danieli Structure Control water cooling line; and four-pass reducing and sizing Twin Module Block equipped with individual drive control system. High-Speed Shear for head and tail trimming, double-pipe oil-film bearing loop laying head and controlled cooling conveyor for high-speed and retarded cooling complete the line. The vertical coil-compactor will be supplied by specialized Swedish Sund-Birsta, part of Danieli Group.

The new line is designed to produce a wide range of steel grades, inclusive of welding wire, high carbon PC strand, cold heading, bearing steel, spring steel, free cutting and alloyed steels.

voda 23 februari 2022 07:13

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UK’s Steel Procurement Taskforce Recommends support to Steel Sector

Strategic Research Institute
Published on :
23 Feb, 2022, 5:11 am

UK’ Department for Business, Energy & Industrial Strategy, Office of the Secretary of State for Wales Mr Lee Rowley MP, The Rt Hon Kwasi Kwarteng MP, The Rt Hon Simon Hart MP and Lord Grimstone of Boscobel Kt’s The Steel Procurement Taskforce has presented the findings of its final report to the Steel Council and ministers, which explores how the steel sector in UKK can best position itself to compete for major public projects & recommendations include the development of new tech, improving data and promoting greater transparency. The Taskforce’s recommendations, outlined in their final report, aim to help industry to compete for major public projects by developing new technology, improving data, and promoting greater transparency. For instance, it found that enhancing data collection, including on the origin of steel, as well as developing a digital products library, could help optimize steel procurement and help industry to best position itself for success.

The Taskforce final report also recommends

1. Procurers engaging with the steel supply chain early in the buying process

2. Government setting a requirement for new contracts involving steel to report and record the origin of the steel

3. Government updating the steel Public Procurement Note to ensure it represents best practice

4. Highlighting for public buyers the relevant methodology and tools that should be used when purchasing significant amounts of steel

5. UK steel industry exploring the future development of a ‘steel standard

6. Industry and government assessing the potential to use UK norms where harmonized standards do not exist when publishing the specification of steel required in public projects

The government and the sector will consider the Taskforce’s recommendations over the coming months.

The report was discussed at the meeting of the UK Steel Council, which brings together government and representatives from the UK’s 6 major steel companies, trade unions and the devolved administrations, to support the sector’s transition to a competitive, sustainable and low carbon future. Attendees included

Business Secretary, Kwasi Kwarteng

Lee Rowley, Industry Minister

Simon Hart, Secretary of State for Wales

Gareth Stace, Director General UK Steel

Richard Warren, Head of Policy and External Affairs, UK Steel

Sandip Biswas, Chairman Tata Steel UK Ltd & Executive Director and CFO Tata Steel Europe

Bobbie Davies, Head of Public Affairs, Tata Steel

Allan Bell – Chief Commercial and Procurement Officer, British Steel

Richard Bell – Deputy Chief Marketing Officer, British Steel

Lisa Coulson – Head of Marketing British Steel

Chris Hagg – Commercial Director, Celsa Steel

Carles Rovira, CEO, Celsa

Roy Chowdhury, CEO, GFG Alliance UK,

Peter Hogg, COO, Liberty Steel

David Bond, CEO Sheffield Forgemasters

David Scaife, Director, Outokumpu

Roy Rickhuss, Community Union

Harish Patel, Unite Union

Ross Murdoch, GMB Union

Ivan McKee, Minister for Business, Trade, Tourism and Enterprise, Scottish Government

Julie James, Minister for Climate Change, Welsh Government

Chris McDonald, CEO, Materials Processing Institute

voda 23 februari 2022 07:14

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Mr Terry L Dunlap Elected to US Steel Board of Directors

Strategic Research Institute
Published on :
23 Feb, 2022, 5:15 am

United States Steel Corporation announced that Mr Terry L Dunlap has been elected to the company’s Board of Directors. Mr Dunlap is principal of Sweetwater LLC, a consulting firm with a focus on manufacturing and technology. Previously, he served as Interim Chief Executive Officer & President of Timken Steel Corporation from 2019 to 2021. Mr Dunlap spent 31 years with Allegheny Technologies, where he served as Executive Vice President, Flat-Rolled Products from May 2011 until his retirement in December 2014; President, ATI Allegheny Ludlum from 2002 to 2014; and Group President, ATI Flat-Rolled Products from 2008 to 2011. Mr. Dunlap is a member of the Board of Directors at Matthews International and Ampco-Pittsburgh Corporation, and previously served on the board of directors of Timken Steel Corporation. He is a member and past president of the Indiana University of Pennsylvania Foundation Board.

Mr Dunlap received a Bachelor of Science degree in marketing from Indiana University of Pennsylvania.

voda 23 februari 2022 07:14

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Thyssenkrupp Presents Green Steel Transition Path to Minister.

Strategic Research Institute
Published on :
23 Feb, 2022, 5:18 am

Germany’s Vice Chancellor & Federal Minister for Economic Affairs & Climate Action Mr Robert Habeck visited Thyssenkrupp Duisburg & gathered information on the path to climate-neutral steel production and on the Essen-based Group's further plans for the green transformation. Mr Habeck said “Our common goal is green steel made in Germany. This is the business model of the future. The Federal Government therefore supports the transformation process in the steel industry, for instance, by funding investment costs and by introducing climate protection contracts, by significantly expanding hydrogen production capacities and by developing the required infrastructure. I am convinced that the steel sector can become an epitome of the climate-neutral economy”.

Thyssenkrupp’s plans for the changeover to green steel are ready for implementation. By realizing them, 2.5% of the German CO2 emissions could be avoided and an important contribution to the creation of climate-neutral value chains be made. Green hydrogen is the key element for the energy transition. Thyssenkrupp has developed a technologically mature plan to make Europe’s largest steel location climate-neutral in the most efficient way possible.

The company aims to avoid as much as 6 million tonnes of CO2, representing 30% percent of the emissions produced by 2030. The goal is to become climate-neutral by 2045 at the latest. The use of hydrogen in the steel industry has a particularly strong impact: One metric tonne of green hydrogen used can avoid 26 metric tonnes of CO2.

voda 23 februari 2022 07:15

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MoEF Gives Green Light to JSW Utkal Steel Project near Paradip

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

Times of India reported that India’s Ministry of Environment & Climate Change’s Expert Appraisal Committee, which had earlier deferred granting environment clearance to the company seeking more information, has recommended grant of Environment Clearance for JSW Utkal Steel Ltd's proposed steel plant near Paradip in Jagatsinghpur district in Odisha subject to a series of conditions, as mentioned in ToI report

1. JSW should abide by all orders and judicial pronouncements, made from time to time by the Orissa high court

2. JSW shall not construct any steel plant facility on north-eastern portion of high tide line and sand dunes in the vicinity of the project site

3. No filling and raising of land beyond 2950.10 acres, constituting 973.533 acres of green belt, shall be permitted to JSW

4. As an area of 209.34 acres of the forest land is located in between the proposed integrated steel plant and jetty, the forest area will remain untouched and separated from the plant and jetty

5. JSW will ensure proper provisions for storm water drainage from these forest patches & has also been asked to prepare and implement an area drainage system to ensure that the ecology of the area is not disturbed

JSW Steel has planned a 13.2 million tonne per annum crude steel plant along with 900 MW captive power and 10 million tonne per annum cement grinding unit. It also plans to set up a captive jetty near the plant.

voda 23 februari 2022 07:19

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MoU Signed to Increase Capacity of Algerian-Qatari Steel

Strategic Research Institute
Published on :
23 Feb, 2022, 5:23 am

Qatar & Algerian governments have signed a MoU aims to study the feasibility of expanding the Algerian-Qatari Steel Company factory in the Bellara Industrial Zone in Algeria to increase its production capacity to 4 million tonnes. The MoU stems from the two countries’ joint aspiration to develop the iron and steel industry within the framework of an industrial and commercial partnership, in addition to meeting the Algerian market’s needs allowing export of surplus production.

The Algerian Qatari Steel Company was created in December 2013 and is 49% owned by Qatar Steel International, 46% by the SIDER Industrial Group and 05% by the National Investment Fund. AQS operates in the industrial zone of Bellara, in the municipality of El-Milia, located 400 km from the capital Algiers, where it operates a steel complex with a total area of 216 hectares.

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Main Production Units

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Direct Reduction Unit: Production capacity of 2.5 million tonnes per year.

Two Electric Steelworks: Total production capacity 2.2 million tons per year.

Three Rolling Mills: Total production capacity of 2 million tons per year of reinforcing bars and wire rod.

voda 23 februari 2022 07:20

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Global Crude Steel Production Shrinks by 6% YoY

Strategic Research Institute
Published on :
23 Feb, 2022, 5:26 am

World Steel Association announced that global crude steel production for the 64 countries reporting to worldsteel was 155.0 million tonnes in January 2022, a 6.1% decrease compared to January 2021, mainly due to 11% YoY shrinkage in Chinese crude steel production to about 82 million tonnes

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Crude Steel Production by Region

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Africa -1.2 million tonne, up 3.3% YoY

Asia & Oceania - 111.7 million tonne, down 8.2% YoY

CIS - 9 million tonne, up 2.1% YoY

EU (27) - 11.5 million tonne, down 6.8% YoY

Europe, Others - 4.1 million tonne, down 4.7% YoY

Middle East - 3.9 million tonne, up 16.1% YoY

North America – 10 million tonne, up 2.5% YoY

South America - 3.7 million tonne, down 3.3% YoY

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Top 10 Steel-Producing Countries

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China - 81.7 million tonne, down 11.2% YoY

India - 10.8 million tonne, up 4.7% YoY

Japan - 7.8 million tonne, down 2.1% YoY

United States - 7.3 million tonne, up 4.2% YoY

Russia - 6.6 million tonne, up 3.3% YoY

South Korea -6 million tonne, down 1% YoY

Germany -3.3 million tonne, down 1.4% YoY

Turkey - 3.2 million tonne, down 7.8% YoY

Brazil - 2.9 million tonne, down 4.8% YoY

Iran - 2.8 million tonne, up 20.3% YoY

voda 24 februari 2022 08:30

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Spanish Steel Demand Rebounds in 2021 to 2019 Levels

Strategic Research Institute
Published on :
24 Feb, 2022, 4:41 am

Spanish steel association Unesid announced that Spain's steel consumption rebounded close to pre-pandemic levels in 2021 as apparent demand increased 12% year on year to 13.1 million tonnes, just 1% below the 2019 volume of 13.2 million tonnes. Unesid added that Spanish demand is typically broken down into around 63% flat products, 33% longs and 4% others. Overall production in 2021 was 14.2 million tonnes, up 27% year on year and up 4% from pre-COVID-19 levels.

Spain imported 10.1 million tonnes of steel in 2021, up 12% YoY and a two-year high, with around 70% of imports of flat products while exports increased 19% YoY to a three-year high of 9.5 million tonnes, with long products accounting for 55% share, flat products 30% and other 10%

Unesid expects the outlook for 2022 remaining positive but only if energy prices, which are now impacting production, fall from their current levels.

Spain has 22 steel production sites with a total capacity to produce 17 million tonnes per year from electric arc furnaces and 6.6 million tonnes year via the blast furnace and basic oxygen furnace route. Usually around 85% of annual production is non-alloy steel. The country’s highest production to date was of 19 million tonnes in 2008.

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Unesid Members

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Acerinox

Olarra Stainless Steels

Arania

ArcelorMittal

Aasebal

Celsa Group

Chinchurreta

Countess

Ferpinta

GP Steel Manufacturing

Gonvarri

Gallardo Balboa Group

Children of Juan de Garay

Douro industries

IR Stainless of Rábade

Layde Steel

Megasa

Network Steel Resources

David Spain

Reinosa Forgings & Castings

Sidenor

Sevillian Iron and Steel

Tubacex

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Vertraagd	5 jun 2024 17:38
Koers	23,360
Verschil	-0,460 (-1,93%)
Hoog	23,790
Laag	23,260
Volume	4.384.655
Volume gemiddeld	2.672.088
Volume gisteren	3.024.340

03 jun	Video: AEX richting 1.000 punten en S...	1
22 mei	Mondiale staalproductie daalt opnieuw
02 mei	Beursblik: resultaten ArcelorMittal b...	1
02 mei	AEX gaat hogere opening tegemoet, ter...	4
02 mei	Meer omzet en hoger resultaat bij Arc...
01 mei	Lagere winst ArcelorMittal verwacht
23 apr	Mondiale staalproductie daalt toch weer
16 apr	Deutsche Bank haalt ArcelorMittal van...	1
12 apr	Video: cyclische aandelen bieden kansen
09 apr	World Steel Organisation ziet vraag n...

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