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voda 23 februari 2023 06:47

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Nucor to Build Plant for Transmission Towers in North Alabama

Strategic Research Institute
Published on :
23 Feb, 2023, 5:12 am

Alabama Governor Ms Kay Ivey announced that Nucor plans to invest approximately USD 125 million to open an advanced manufacturing facility in Alabama where a new business unit, Nucor Towers & Structures, will produce transmission towers. The new plant in Alabama will be highly automated, utilizing efficient straight-line production and will also include advanced hot-dip galvanizing operations. These state-of-the-art features will increase Nucor Towers & Structures’ capabilities to provide engineered solutions for utility infrastructure and construction projects.

The company’s capital investment in Decatur includes land improvements, construction of a new building and manufacturing equipment. The new plant will be located adjacent to the Nucor Steel Decatur sheet steel mill.

Charlotte North Carolina headquartered Nucor established the new business unit after its 2022 acquisition of Summit Utility Structures and Sovereign Steel Manufacturing, which produces metal poles and other steel structures for utility infrastructure and highway signage.

Nucor facilities in Alabama produce steel, tubular products, joists and decking and metal buildings, with locations in Birmingham, Tuscaloosa, Fort Payne, Eufaula and Decatur.

voda 23 februari 2023 06:48

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Baowu’s TISCO to Supply Steel for CNOOC's Zhuhai LNG Tanks

Strategic Research Institute
Published on :
23 Feb, 2023, 5:14 am

Baowu has announced that TISCO has secured auxiliary supplier qualification for Zhuhai LNG Phase II Expansion Project of China National Offshore Oil Corporation and has been entrusted to supply 6,514 tonnes of 9Ni steel for two LNG storage tanks.

CNOOC Zhuhai LNG Phase II Expansion Project is a national natural gas production, supply, storage and marketing and national oil and gas infrastructure key project to provide sustainable and stable clean energy for the Guangdong-Hong Kong-Macao Greater Bay Area, the project plans to build five 27 cubic meters of LNG storage tanks, with a total demand of 16,270 tonnes of Ni steel.

voda 23 februari 2023 06:48

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Wuppermann Expands Production Hall in Austria

Strategic Research Institute
Published on :
23 Feb, 2023, 5:16 am

Premium manufacturer of tubes, tube and sheet metal components Wuppermann Metalltechnik has expanded the plant with a new hall for the logistics area of sheet metal production in Altmünster in Austria. The new hall was put into operation at the beginning of 2023. In order to be able to optimally load and transport the increased shipments, the new hall section was planned with its own truck access to the main road. By designing the new hall as a separate fire section, the packaging goods required for production can be stored safely while minimizing the risk of fire.

With the new hall, Wuppermann Metalltechnik is taking into account the dynamic development of the plant in Altmünster and creating the spatial prerequisites for further growth in the sheet metal processing division. Despite the difficult accompanying circumstances in 2022 due to the war in Ukraine, the energy crisis and inflation, the production company was able to close the 2022 business year with a good result. Demand is particularly high from customers in the alternative energy generation, service machines and device industries, as well as from manufacturers of components for fully automated warehouse logistics.

voda 23 februari 2023 06:49

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ArcelorMittal Hamburg CEO Welcomes EU Grant for HDRI Plant

Strategic Research Institute
Published on :
23 Feb, 2023, 5:17 am

ArcelorMittal Germany’s CEO Mr Reiner Blaschek has welcomed the European Commission's approval of EUR 55 million for for the construction of a demonstration plant in Hamburg. Mr Blaschek said “Decarbonisation of steel production is one of the most important cornerstones for achieving Europe's climate targets. The approval of the European Commission gives us the opportunity to plan steps in Germany, which we will now carefully consider. This is an essential prerequisite, to advance the conversion of our plants in Germany and to demonstrate the use of 100% hydrogen."

The funding commitment relates to the construction of a demonstration plant in Hamburg with hydrogen and is not to be produced with natural gas as before. In this direct reduction plant, directly reduced iron produced as a precursor for subsequent steel production. By converting the entire Production at the site, 700,000 tonnes of CO2 per year are to be saved in the future.

ArcelorMittal Hamburg CEO Dr Uwe Braun added “The new technologies make it possible to replace fossil fuels with renewable energies. In order to convert production to climate-neutral steel production, the development of a hydrogen infrastructure is essential. It is now just as necessary as the expansion of renewable energy production at competitive prices.”

Bijlage:

voda 23 februari 2023 06:50

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China’s Environment Chief Names & Shames Pollution Cheats

Strategic Research Institute
Published on :
23 Feb, 2023, 5:19 am

South China Morning Post has reported that China’s Minister of Ecology & Environment Mr Huang Runqiu during two day visit of Henan Province singled out several state owned Chinese energy and steel companies for breaking pollution rules. During their inspection, Mr Huang and his team discovered widespread non-compliance and illegal practices among companies that had violated anti-pollution rules and added to the severe air pollution in the province.

The violations included abnormal operation of pollution control facilities, exceeded emission standards, failure to implement emergency pollution control measures, falsified production records, and falsified online and manual monitoring data.

As per report steelmaker Wugang Zhongjia failed to implement emergency measures during a period of heavy pollution and falsified its production reports another steel company discharged waste gas above legal limits.

Henan province is home to the most coal and steel companies in China. According to the data from the environment ministry, nine out of the 20 most polluted cities in the country are in Henan province.

voda 23 februari 2023 06:51

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UK Proposes British Industry Supercharger for Energy Support

Strategic Research Institute
Published on :
23 Feb, 2023, 5:21 am

UK’s government’s Business & Trade Secretary Ms Kemi Badenoch has announced the British Industry Supercharger, a set of decisive measures to make about 300 companies of Britain’s strategic energy intensive industries more competitive across Europe. The support will be made available to sectors particularly exposed to the cost of electricity, such as steel, metals, chemicals and paper. These industries employ around 400,000 skilled workers right across the UK, and support many more in their supply chains.

Ms Badenoch said “This is carefully crafted support that will mean strategically-important UK industries like steel and chemicals remain competitive on the world stage. We will back these businesses to keep on growing our economy and delivering high-quality jobs and investment into the UK, as well as the products we rely on for our everyday lives and work.”

UK Steel’s Director General Mr Gareth Stace said “UK industrial electricity prices have been uncompetitive for many years, and today, the government took a great step towards leveling the playing field for the steel industry. We welcome this announcement and look forward to working with government to ensure full price parity with European competitors. It is essential we can compete on an equal footing, in the short term, within the fiercely competitive steel market, both in Europe and globally.”

Proposed changes under the Supercharger, set to be consulted on in the Spring, will exempt firms from the certain costs arising from renewable energy obligations such as the Feed in Tariff, Contracts for Difference and the Renewables Obligation, as well as GB Capacity Market costs, whilst exploring reductions on network charges, which are the costs industrial users pay for their supply of electricity.

It builds on the Energy Security Strategy, published last year, which committed government to taking action to address the UK’s industrial electricity prices, which are higher than those of other comparable countries.

Backing these companies is critically important to the wider economy, as many of them provide products that other businesses cannot easily substitute, and which their supply chains depend upon. It will also form a key part of the government’s wider plans to seize on the potential of new green industries like electric vehicle and battery manufacturing, where the UK is already a pioneer. These businesses have high energy requirements, and this support will mean the UK is well-placed to seize on the potential for these industries to grow.

voda 23 februari 2023 06:51

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EU Extends Russian Sanctions & to Enlarge with 10th Package

Strategic Research Institute
Published on :
23 Feb, 2023, 5:23 am

The European Council has extended the restrictive measures targeting Russian individuals and economic relations with Russia until 24 February 2024. The decision was made considering Russia's illegal occupation of certain non-government-controlled areas of Ukraine in the oblasts of Donetsk, Kherson, Luhansk and Zaporizhzhia.

European Commission President Ms Ursula von der Leyen has stated that the EU will turn up the pressure against Russia with a 10th package of sanctions. The EC proposes further export bans worth more than EUR 11 billion, to deprive the Russian economy of critical technology and industrial goods and further restrict the export of advanced tech goods. Ms Ursula von der Leyen said “We now have in place the toughest sanctions ever introduced by the European Union. And we have to ensure that they are strictly applied. Therefore, our 10th package introduces new measures to prevent circumvention. We will track oligarchs trying to hide or to sell their assets to escape sanctions. And together with member states we will set up an overview of all frozen assets of the Russian central bank held in the EU.”

Besides, the European Union is set to blacklist 62 individuals and 28 organizations, including Alfa-Bank, Tinkoff and Rosbank, as well as Russia's National Wealth Fund, two media firms Patriot Media Group and Rossiya Segodnya, Ingosstrakh Insurance Company and London-based Pawell Shipping, which is accused of illegal transportation of stolen Ukrainian grain. The EU also intends to block the broadcasting of the Arab services of RT and Sputnik on its territory.

The blacklist of individuals is to include the Russian Commissioner for Human Rights Tatyana Moskalkova, Deputy Chairman of the Government of the Moscow Region Vyacheslav Duhin and the Minister of Labour, Family and Social Protection of Bashkiria Lenara Ivanova for helping to organize evacuation of Ukrainian children from the liberated territories within the zone of the special military operation. It will also include a number of high-ranking military officers and Yevgeny Primakov, the head of the Federal Agency for the Commonwealth of Independent States Affairs, Compatriots Living Abroad, and International Humanitarian Cooperation, commonly known as Rossotrudnichestvo. A number of Eastern European countries are still trying to secure sanctions against Rosatom and its CEO Alexey Likhachev

According to the EU External Action Service, the EU blacklist for Russia currently mentions 1,386 individuals and 171 companies.

voda 23 februari 2023 06:52

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British Steel to Close Scunthorpe Coke Ovens

Strategic Research Institute
Published on :
23 Feb, 2023, 5:26 am

Chinese Jingye owned British Steel plans to shut coke ovens at its Scunthorpe plant in northern England, which could impact about 300 jobs in Britain. British Steel said “Decisive action is required because of the unprecedented rise in operating costs, surging inflation and the need to improve environmental performance. The closure of the ovens is part of its drive to build a sustainable future. It will still need to import coke, which will still be produced in coke ovens from coking coal.”

British Steel Chief executive Mr Xifeng Han added “Steelmaking in the UK remains uncompetitive when compared to other international steelmakers. Our energy costs, carbon costs and labor costs are some of the highest across the world.”

Responding to the planned job cuts, British government expressed its disappointment by saying that “It is very disappointing British Steel has chosen to take this step for its employees while our negotiations with the sector are ongoing. We stand ready to support employees impacted and will continue to work with the company to try and find a decarbonized, sustainable and competitive solution for the business and the wider sector, which plays a vital role in the UK economy.”

Unite believes that the proposed job losses are a direct result of the Jingye Group, the Chinese owners of British Steel, and its failure to make good on its commitment to make major investments in the plant and the government’s abject inability to produce a coherent industrial strategy to protect the UK’s steel making capability. Unite General Secretary Ms Sharon Graham said “British Steel workers are faced with the toxic combination of a greedy employer that is reneging on investment promises and a shambolic UK government that has no serious plan for the industry. Unite’s members in British Steel are clear that they will fight this and they will have the full support of their union.”

A high-level task force has been set up to help support workers at British Steel in Scunthorpe. North Lincolnshire Council will work with the local MPs Ms Holly Mumby-Croft and Mr Andrew Percy, the Government and other agencies to help the people who may be affected by today’s news. North Lincolnshire Council leader Mr Rob Waltham said “We are pulling together a task force at pace to work with Government departments and local steel representatives including unions to see how we can support everybody involved.

voda 23 februari 2023 06:53

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Global Crude Steel Production in January Shrinks by 3% YoY

Strategic Research Institute
Published on :
23 Feb, 2023, 5:28 am

World Steel Association announced that global crude steel production for the 63 countries reporting to worldsteel was 145.3 million tonnes in January 2023, down 3.3% YoY. The production was supported by 11% YoY recovery in Chinese crude steel production to 79.8 million tonnes and 2.7% YoY growth in India to 10.5 million tonnes.

1. China – 79.5 million tonne, up 2.3% YoY

2. India – 10.9 million tonne, down 0.2% YoY

3. Japan - 7.2 million tonne, down 6.9% YoY

4. United States – 6.5 million tonne, down 6.8% YoY

5. Russia - 5.8 million tonne, down 8.9% YoY

6. South Korea – 5.5 million tonne, down 9.8% YoY

7. Germany – 3.1 million tonne, down 10.2% YoY

8. Brazil - 2.8 million tonne, down 4.9% YoY

9. Iran – 2.7 million tonne, up 27.7% YoY

10. Turkey - 2.6 million tonne, down 17.6% YoY

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

Crude Steel Production by Region

Asia and Oceania - 107.5 million tonnes, down 0.2% YoY

EU (27) - 10.3 million tonnes, down 15.2% YoY

North America - 9.1 million tonnes, down 5.6% YoY

Russia & other CIS +Ukraine - 6.5 million tonnes, down 24.9% YoY

Middle East - 3.8 million tonnes, up 19.7% YoY

South America - 3.6 million tonnes, down 0.6% YoY

Europe, Others - 3.3 million tonnes, down 17.5% YoY

Africa -1.2 million tonnes, down 4.9% YoY

Bijlage:

voda 23 februari 2023 06:55

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Global steel output remains weak
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Global crude steel production in January was up slightly from December but remains down year-on-year, according to the latest worldsteel data. Growth in the Middle East and steady Asian output was offset by significant declines in other regions, Kallanish notes.

Crude steel output in the 63 countries monitored by worldsteel was down 3.3% year-on-year at 145.3 million tonnes but up from 140.7mt in December.

In China, estimated output in January was up 2.3% y-o-y at 79.5mt, recovering from 77.89mt in December. Chinese mills have been ramping up ahead of expected stronger demand in Q2.

Elsewhere in Asia, however, output was falling. India saw only a slight 0.2% y-o-y decline to 10.9mt in January. Japan saw output drop 6.9% to 7.2mt, while South Korea saw output slump 9.8% to 5.5mt.

In the EU27, crude steel output dropped even faster by 15.2% y-o-y to 10.3mt. Germany alone contributed a 10.2% decline in output to 2.9mt.

Turkey meanwhile saw output slump 17.6% y-o-y to 2.6mt.

In the USA and Brazil, crude steel output was down 6.8% to 6.5mt and down 4.9% to 2.8mt, respectively.

Russian steel output also fell 8.9% y-o-y to 5.8mt.

Only Iran saw significant increases in steel output, expanding 27.7% y-o-y to 2.7mt.

Tomas Gutierrez UK

voda 24 februari 2023 06:26

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Wuppermann Galvanizing Process Saves Cuts 54% CO2 Emissions

Strategic Research Institute
Published on :
24 Feb, 2023, 5:20 am

Europe’s leading galvanizer Wuppermann Group has commissioned the renowned Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT to re-evaluate the environmental impact of the Wuppermann Group's heat to coat strip galvanizing process compared to the conventional cold strip galvanizing process. The study now also includes the group's most recent galvanizing plant at the Hungary site. An investigation was also carried out for the first time for the tube mills.

For this purpose, the team led Fraunhofer UMSICHT’s Business Development Manager Mr Jochen Nühlen has drawn up a life cycle assessment based on DIN EN ISO 14040 and evaluated the environmental impacts as climate effectiveness in tonnes of CO2 equivalents per tonne of hot-dip galvanized steel strip. The measures taken since the last study for the base year 2018 are having an effect. The CO2 advantage of the Wuppermann process is now even greater where the application areas for galvanized hot-rolled strip and galvanized cold-rolled strip overlap - if both the use of cold-rolled and hot-rolled steel are technically possible for one application.

The galvanizing process including post-treatment and zinc causes 0.080 tonnes CO2 equivalent per tonne at the Moerdijk site in the Netherlands. The reference process causes CO2 emissions of 0.173 tonne CO2 equivalent per tonne, resulting in a CO2 saving of 54%. At the Judenburg site in Austria, 0.089 tonne CO2 equivalent per tonne CO2 emissions are produced, which corresponds to an advantage of 49%. At the site in Gyor in Hungary, CO2 emissions amount to 0.116 tonne CO2 equivalent per tonne, corresponding to an advantage of 33%. This includes the emissions from the production of the zinc and electricity consumed. The environmental impact of the input material hot strip is not included in this analysis.

One of the main reasons for the very low value at the Moerdijk site in the Netherlands is, in addition to many measures to reduce specific energy consumption, the switch to electricity from wind power based on European certificates of origin. This is because the largest contribution to CO2 emissions from the Wuppermann process and thus also the most important lever for further emission reductions - is generated by the electrical energy required for the integrated pickling and galvanizing process. And this is one of two major differences to conventional cold strip galvanizing: in contrast to the standard process, Wuppermann does not use fossil fuels, but only electricity for heating. Wuppermann can avoid the energy-intensive recrystallization annealing, which is why the maximum temperature in the process is around 450 degree Celsius instead of 750 degree Celsius. In addition, most of the input material is transported by ship, which also has a positive effect on CO2 emissions.

The Judenburg site in Austria can also report a very low value thanks to the use of electricity from hydro and wind power. In Hungary, the photovoltaic plant commissioned in 2022 also contributes to the good value. In particular at the two locations supplied with green electricity, the environmental impact of zinc thus remains essentially the same, with each accounting for around 90% of the reported CO2 emissions. The production and origin of the zinc therefore play a major role in further reducing the greenhouse gas emissions of the galvanized products.

Taking into account the production volumes of galvanized steel strip at the respective sites, this will result in total CO2 savings of around 60,000 tonnes for 2022 as a whole. Customers can calculate their individual savings using the CO2 calculator on the Wuppermann Group website.

voda 24 februari 2023 06:27

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US Grants 200,000 Tonne Quota for Rebar Imports from Argentina

Strategic Research Institute
Published on :
24 Feb, 2023, 5:22 am

The Argentine Foreign Ministry’s Cancillería Argentina has announced that the Security Bureau of the United States Department of Commerce has authorized the export of an annual quota of 200,000 tonnes of steel rebars of Argentine origin to the US and granted the exception of a 35% import duty.

The Argentine Foreign Ministry explained that the measure adopted by the Bureau of Industrial Security responds to the various and useful steps taken by the Argentine government in Washington through the Embassy in the United States. It said “It is also the product of actions promoted by the Ministry of Foreign Affairs of Argentina in the meeting of the Trade and Investment Framework Agreement that took place on 30 November & 1 December 2022 at the San Martín Palace.”

The measure partially compensates for the loss of export market share for steel tubes due to the imposition of dumping duties since rebars have lower value than tubes.

voda 24 februari 2023 06:27

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Supreme Court’s CEC Approves Sandur Manganese’s Expansion

Strategic Research Institute
Published on :
24 Feb, 2023, 5:25 am

Sandur Manganese & Iron Ore Limited has secured approval from the Supreme Court-appointed Central Empowered Committee to increase manganese ore production from 286,000 tonnes to 582,000 tonnes, 550,000 tonnes from Mining Lease No 2678 & 32,000 tonnes from Mining Lease No 2679. The company expects to start manganese production at the increased level from the next financial year.

Sandur Manganese said “The CEC has granted approval after examining in detail the recommendations of the Technical Committee of the Government of Karnataka and the report of the Indian Council of Forestry Research & Education, Ministry of Environment, Forest & Climate Change and keeping in view the Hon’ble Supreme Court's order dated 13 April 2012 and the Judgments dated 18 April 2013 and 14 December 2017 of the Hon’ble Supreme Court.”

Sandur Manganese added “It may be noted that the Company is expected to receive Consent for Operation from the Karnataka State Pollution Board and approval from the Monitoring Committee constituted by the Hon’ble Supreme Court in due course of time and plans to start the operations at enhanced level of production from the next financial year.”

voda 24 februari 2023 06:28

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Fives Acquires Industrial Startup Dizisoft

Strategic Research Institute
Published on :
24 Feb, 2023, 5:30 am

International leader in industrial engineering Fives has announced the acquisition of leading industrial diagnostics and performance startup Dizisoft. The DiziScop software is the only solution on the market that can be connected to all machines, allowing for a wide deployment. It removes a major obstacle faced by industrial groups in digitalizing their mostly heterogeneous machinery of different ages and manufacturers.

With this acquisition, Fives provides its customers with a powerful machine data collection and analysis tool that enables them to:

1. Predict maintenance problems

2. Reduce their energy consumption by up to 30%

3. Improve the quality of their products

4. Increase their productivity

5. International deployment

As a pioneer in the digitalization and decarbonization of industry, the Group is now driven by the visionary and bold choices it made more than 20 years ago. Fives decided to focus its R&D programs on solutions aimed at reducing its customers’ environmental footprint, a challenge that is now a key concern for industrial groups. Fives also created its subsidiary Fives CortX, specialized in the digitalization of industry, in response to the growing demand from its customers wishing to make the leap into the industry of the future. The acquisition of Dizisoft is the first in a series of upcoming acquisitions and is part of the Group’s strategy to strengthen its position as an Industry 4.0 leader.

voda 24 februari 2023 06:28

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Jindal Stainless Merger Proceeds Further

Strategic Research Institute
Published on :
24 Feb, 2023, 5:33 am

Jindal Stainless announced that it has now received a copy of the Final Order of the Hon’ble National Company Law Tribunal’s Chandigarh Bench sanctioning the Composite Scheme of Arrangement, amongst Jindal Stainless Limited, Jindal Stainless (Hisar) Limited, JSL Lifestyle Limited, JSL Media Limited, Jindal Stainless Corporate Management Services Private Limited and Jindal Lifestyle Limited and their respective shareholders and creditors.

1. To file the certified copy of the order with the Registrar of Companies, NCT of Delhi & Haryana on 2 March 2023 so that the Composite Scheme will become effective from 2 March 2023 with the appointed date of 1 April 2020

2. In terms of SEBI Listing Regulations, the requirements of the stock exchanges & pursuant to provisions of the Composite Scheme, to fix 9 March, 2023 as the Record Date, for the purpose of determining the entitlement for issue of Equity Shares of the Company to the shareholders of JSHL and JSLLL based on the share exchange ratio as mentioned in Part B and Part D, respectively, of the Composite Scheme.

voda 24 februari 2023 06:29

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Hyundai Steel Promoting H CORE Steel Brand through YouTube

Strategic Research Institute
Published on :
24 Feb, 2023, 5:35 am

Korea Joon gang Daily has reported that South Korea’s second largest steelmaker Hyundai Steel is stepping up efforts to promote its premium structural steel brand H CORE by to strengthening its position and brand capabilities in the market by promoting H CORE through social networking services. Hyundai Steel’s official YouTube channel features short video clips related to H CORE that have recently surpassed 10 million views.

Hyundai Steel launched both a website and an official YouTube channel in October 2022, offering information about the features and products available under H CORE. Hyundai Steel produced separate videos for H CORE with the aim to create H CORE’s brand worldview, as a strategy to provide value and increase customer contact rather than putting the company itself in the lead. Since early this year, Hyundai Steel has planned to produce eight additional videos while improving its corporate image and tightening its awareness of H CORE. The Three Little Pigs episode, the H CORE episode and the Firm-Flexible episode, which have already been aired, are being well received in the market. These videos feature quick clips that are less than 30 seconds, to focus on delivering the premium brand image of H CORE to the public including the MZ generation.

The Three Little Pigs episode centers on the story that the house of the eldest made of straw and the second-eldest made of wood easily flew away when blown by wolves, while the house of the youngest, which was built with H CORE, did not collapse, emphasizing the construction safety that comes with H CORE. This content has some of the fastest-growing views among the channels as many people are familiar with the story which also shares the message of H CORE’s safety in a brief and impressive way.

The H CORE episode was released as a follow-up and with the similarity between the sounds of sneezing and the pronunciation of H in H CORE, it conveys that H CORE can be safely used in all seasons. In the Firm-Flexible episode, the properties of H CORE are metaphorically expressed by showing the materials that both seem firm and flexible. This episode used the “oddly satisfying video” technique and received positive reviews on Instagram.

More episodes will be released this month, introducing actual buildings and facilities with H CORE. From architecture to civil engineering including Lotte World Tower, H CORE will be offered for every aspect of life.

voda 24 februari 2023 06:30

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Mexican Politians Pledge to Oppose US’s Section 232 Steel Tariffs

Strategic Research Institute
Published on :
24 Feb, 2023, 5:37 am

Local media has reported that Mexico’s ruling party MORENA has launched a point of agreement for approval in the parliament, which requests the national foreign trade regulator of Mexico to analyze the products to which the retaliatory tariff would apply if the US decides to impose tariffs on the export of Mexican steel. The point of agreement urges the Ministry of Economy, Mexico's foreign trade regulator, to analyze Mexico's steel trade balance with the United States.

MORENA Parliamentary Group in the Senate of the Republic Mr Ricardo Monreal Avila said “We have to support Mexico. The purpose of identifying in which of them it is convenient for Mexico to consider the application of retaliatory measures in the event that the United States of America decides to impose tariffs on other unjustified protectionist measures on Mexican steel products.”

The Biden administration is being urged to consider reimposing Section 232 tariffs on steel from Mexico in response to a surge in imports.

US had lifted its 25% section 232 tariffs on steel products from Mexico in May 2019 but had warned that these tariffs could be reimposed if imports surged in the future. A bipartisan group of nearly a dozen senators in a 14 February letter to US Trade Representative Ms Katherine Tai and Commerce Secretary Ms Gina Raimondo wrote “Since the US lifted Section 232 tariffs, Mexican steel conduit imports have reached unprecedented levels and Mexico’s penetration of the US steel conduit market has more than tripled. The volume of annual iron and steel imports from Mexico has increased approximately 73% over the pre-Section 232 2015-2017 baseline and steel conduit imports have risen by an even more disturbing 577%.”

Moreover, the letter said that a recent investigation by US Customs and Border Protection has revealed that importers misclassified steel conduit exports, concealing this extraordinary surge.

Stating that this increase has already cost more than 200 US jobs and led to the closing of one of the handful of US factories that still produce steel conduit, the senators said “The Biden administration should immediately begin consultations with Mexico with the goal of returning imports to historic volumes of trade, with quotas, if necessary. If this effort is unsuccessful, the administration should consider other mechanisms to ensure compliance and protect America jobs, including the reapplication of Section 232 tariffs.”

voda 24 februari 2023 06:30

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Danieli to Supply Steel Minimill to Unitex Steel Mills

Strategic Research Institute
Published on :
24 Feb, 2023, 5:40 am

Bangladesh’s Unitex Steel Mills has contracted Danieli for engineering, manufacturing, procurement, supply, and on-site services for a complete minimill to be installed in the Feni district of Chittagong in the eastern region of Bangladesh. It will include auxiliary plants for fumes and water treatment as well as the most advanced electrical and automation systems. The new, Danieli MIDA hybrid-ready minimill will produce 1 million tonne per year of long products including quenched rebars, smooth rounds, equal angles and channels.

It will operate a highly efficient, 100 tonne Digimelter featuring Q-One digital power feeder and ECS continuous-scrap charging and preheating systems will competitively melt scrap. Hybrid by design, the Danieli-patented Q-One power feeder provides digital arc-control, for lower electrical energy and electrode consumption, and negligible impact on the electrical grid.

A four-strand, 9 meter radius quality conticaster featuring FastCast Cube™ oscillator, Eco-Power Mould™ and EMS, will produce a large variety of low- and medium-carbon grades at high productivity rates, without jeopardizing the quality of the final product.

Cast billets will be directly hot-charged in a Danieli Centro Combustion 150 tonnes per hour walking-beam reheating furnace that will be prefabricated and refractory-lined in the workshop to reduce erection time and costs at site.

The super-flexible merchant rolling mill will feature 18 H, V and convertible H/V stands to guarantee production flexibility and also produce small dimension deformed rounds with multi-slit process up to 6-strands.

The bar finishing facility will feature a 90 meter long cooling bed equipped with a water-spray extra-cooling system and two 12 meter long single-head magnetic stackers for profiles

Danieli Automation will supply all electrical equipment, including power distribution, as well as the automation and process control systems Level 1 and 2.

The new minimill of Unitex Steel is scheduled to be started up in Q4 of 2024.

voda 24 februari 2023 06:31

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Hydnum Steel to Build Green Steel Plant Iberian Peninsula in Spain

Strategic Research Institute
Published on :
24 Feb, 2023, 5:43 am

Interem Presas has reported that consortium made up of Helvella holding company, Siemens, ABEI Energy & Russula’s Hydnum Steel plans to build a green steel plant in the Castilla-La Mancha region in Spain in cooperation with Siemens, ABEI Energy and plant maker Russula and has applied for construction permit. The new plant will have an annual production capacity of 600,000 tonnes. The total planned investment exceeds EUR 1 billion. The factory in Puertollano will occupy an area of 1.3 million square meters in the industrial area La Nava

Helvella CEO Ms Eva Maneiro said “The strategic location of Puertollano has been taken into account, close to the logistics hubs of central, southern and eastern Spain, as well as Portugal; the development of hydrogen production projects already active in the area, the availability of land and the presence of the National Hydrogen Centre, which opens the possibility of creating alliances with this research pool. This project will not only have a positive impact on its own facilities in terms of reducing the carbon footprint, but will also impact industries such as automotive and shipbuilding.'”

The plant will be the first green steel mill on the Iberian Peninsula, designed from scratch to use non-fossil energy throughout the manufacturing process. This company will gradually integrate green hydrogen into the production process with the aim of substantially reducing CO2 emissions.

voda 24 februari 2023 06:31

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POSCO & Western Australia to Enlarge Green Hydrogen Cooperation

Strategic Research Institute
Published on :
24 Feb, 2023, 5:45 am

Western Australia’s Premier Mr Mark McGowan recently visited the POSCO Center in Seoul and watched the POSCO Group’s hydrogen value chain special exhibition POSCO Hydrogen World and had a conversation with POSCO Group’s CEO Mr Jeong-woo Choi and discussed ways to cooperate in the clean hydrogen, green steel and secondary battery material business. Mr McGowan said “It was an opportunity to see the competitiveness of POSCO Group in new and renewable energy including hydrogen. In particular, POSCO Group’s preparations for the entire value chain, from green hydrogen production to hydrogen reduction steelmaking, and hydrogen storage & utilization, are very impressive. POSCO Group will be a good partner not only in traditional raw material cooperation with Western Australia but also in the eco-friendly energy fields such as clean hydrogen, green steel, and secondary battery materials.”

POSCO CEO Mr Jeong-woo Choi said “Australia is a business partner country that has been with POSCO Group since its foundation. Also, we need close cooperation in the field of clean hydrogen and secondary battery materials, which POSCO Group is focusing on as a future growth engine.”

POSCO Group has so far invested more than KRW 4 trillion in resource development in Australia, including iron ore, lithium, and nickel. Australia is evaluated as an optimal country for overseas clean hydrogen development due to its large land, abundant solar energy, wind resources, and advanced laws and systems.

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