EU STEEL PRICES REMAIN UNDER NEGATIVE PRESSURE IN JULY

Aggressive offers from third country suppliers are driving down flat product domestic selling values in all EU nations. Iran has entered the market of late, as their export duties have recently been lowered. In general, market activity is reasonable, despite the slowdown ahead of the European summer holidays and reduced export sales volumes during Ramadan. However, little improvement is anticipated in the short term. Buyers anticipate further price reductions during the third quarter.

Basis figures in Germany have reduced for the second consecutive month. Imported Asian material is arriving into northern Europe and putting pressure on domestic producers to lower their selling values. The Greek crisis has added to the uncertainty in the market. Nevertheless, demand in the first half of the year was good, particularly from the automotive and construction sectors.

Prices have come under negative pressure in France this month. There is fierce competition from imports and between local distributors. Consequently, resale values remain low. Some buyers are cautiously re-ordering for their summer requirements. Nonetheless, end-user activity is subdued with many customers keeping inventories to a minimum.

In Italy, the situation at Ilva is still uncertain, despite the two blast furnaces remaining in operation. Third country suppliers continue to take advantage of this. Import pressure is very strong from all over the world, not just China and Russia. Nevertheless, market activity is generally good.

Prices in the UK have softened as a result of the stronger pound against the euro. Customers are continuing to use Chinese offers as a means of negotiating with local suppliers. Demand remains patchy but distributors are fairly busy and they are reporting reasonable returns.

In Belgium, domestic selling values have been eroded. Distributors are finding it difficult to make a profit as they are holding stock previously bought at higher prices. Purchasing activity is, on the whole, quiet but is better from the building and machine industries.

Spanish prices weakened in July, despite stable domestic sales volumes. The general election, due to take place towards the end of 2015, is likely to result in restricted government spending after the summer holidays. This could temper the growth in steel demand that has been recorded so far this year.

Source: MEPS – European Steel Review – July 2015 Issue

Danieli Wean United signed the contract for the new HDGL for Tosyali Toyo, Turkey

In May 2015 Tosyali Toyo Çelik Anonim Sirketi placed a contract with Danieli to supply a new Hot Dip Galvanizing Line dedicated to the production of HSS material to be installed in their facility in Osmaniye.

The new Hot Dip Galvanizing Line is designed to produce up to 0.45 Mtpy of finished coils.

Designed to serve the high quality paint application and automotive sector, it is equipped with a double entry end with electrical mash-seam welder, a cleaning section and an entry vertical accumulator.

The Annealing Furnace, supplied by Danieli Centro Combustion, is equipped with free flame section, “double-P” self-recuperative radiant tubes section, and fast jet cooling section able to process HSS material.

The final zinc thickness will be tightly controlled by the innovative X-Jet Danieli Kohler wiping system. It will increase the quality of the zinc coating process guaranteeing extraordinary uniformity along the strip width and allowing the production of thin GI coating down to 40 g/m2 each side at 180 m/min.
The strip will be then skin-passed for final roughness control, tension leveled and passivated.

At the exit of the line the strip will be inspected through an in-line inspection station and then rewound on exit recoiler.
The order also includes the complete Line electrical and automation equipment (by Danieli Automation) that guarantees the “one hand” responsibility and consequently the full control of the technological process.

With this new galvanizing line, Danieli confirms as leader in the Turkey Region for advanced cold processing lines and for products of the highest quality.

The installation is planned for the end of November 2016.

Source: Danieli Group

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voestalpine invests in continuous caster for high quality steels

The steel plant belonging to the international technology and capital goods group voestalpine in Linz where the company is headquartered is already one of the most modern of its kind in the world. Now, in addition to a series of other parallel projects, the Group is investing over EUR 100 million in a new continuous caster at this site which will produce over 1.2 million tons of high quality steel slabs annually. The largest of the four Group divisions, the Steel Division, is again raising the quality of steel grades with the most stringent surface requirements as a result of this technological development. Yesterday saw the ground-breaking ceremony for the new Continuous Caster 8 (CC8) at the voestalpine plant site in Linz. From mid-2017 onwards the new facility will annually cast 1.2 million tons of steel in slabs – the pre-materials for high quality steel products including steel strip for automotive components. This strategically important investment at the Linz production site amounts to over EUR 100 million and will create 42 jobs. Construction is estimated to require 24 months.

With a capacity of 1.2 million tons per year, the new CC8 will take over around a fifth of all steel slab production on site and replace Continuous Caster 3 (CC3).

As its name suggests, the continuous caster casts molten steel into a single strand in an ongoing process. After solidifying, the steel is cut into individual blocks, so-called slabs. The slabs are then rolled into high quality steel strips in the hot and cold rolling mill. The CC8 is designed to cast a single strand, for slabs with a thickness of up to 22.5 cm and a width of between 80 to 182 cm. Future adaptations will permit casting of slabs with a thickness of up to 28.5 cm. The slabs themselves are primarily high strength steel grades, ultra-low carbon steels with the most stringent of surface requirements for the automotive industry, and electric steel grades.

Construction of the Continuous Caster 8 belonging to the Steel Division, together with the recent ground-breaking ceremony for the Metal Forming Division’s second blank production facility, play an important role in securing the site at Linz over the long term. voestalpine currently employs a staff of 11,500 in Upper Austria which generated total revenue of around EUR 4 billion during the business year 2014/15. The Group has invested around EUR 3.3 billion in this Austrian province in the past ten years alone.

Source: Voestalpine

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JSPL Angul and SMS group commission largest high-speed billet caster in India

Jindal Steel and Power Limited (JSPL) and SMS group have successfully commissioned its high-speed eight-strand billet caster at the Angul Odisha plant. The caster is the largest high speed billet caster in India. The JSPL and SMS group team has commissioned the plant within 13 months from ground-breaking.

High-speed eight-strand billet caster at JSPL Angul Odisha plant.
The supplied billet caster is able to attain a speed of 3.6 meters per minute for sections of 165 x 165 millimeters and can produce 2.3 million tons per year. It has a casting radius of nine meters with eight strands, and is designed to cast low- and high-carbon, ball bearing and free-cutting steel. The casting format ranges from 130 x 130 millimeters to 200 x 200 millimeters. The casting mode is both open and submerged casting.

JSPL is already operating two six-strand and three eight-strand billet casters from SMS group. The caster at the Angul plant is equipped with ladle turret, tundish car with lifting and lowering device, CONVEX® mold tubes, mold stirrers and oscillators, overhead cross transfer, turn-over cooling bed and automatic torch cutter. The use of a rigid dummy bar with permanent head enables automatic disconnection of the hot strand and thus a reliable start of casting within very short restranding and machine preparation times.

JSPL will benefit from this new high-speed billet caster with CONVEX® technology by lower operation costs. Matthias Ebneter, CEO of SMS Concast India, is confident that this technology will be implemented more and more in Indian plants in coming years. “Continuous improvement is the hallmark of our ideology,” Ebneter added. “We are committed to work out solutions that will help our customers to achieve a sustainable competitive edge. This experience will help us to further increase our share on a market which is increasingly characterized by competition and price.”

JSPL produces a wide range of iron and steel products including plates, parallel-flanged beams, medium sections, rails, rounds, rebars, wire rod and metal products. The company owns steel production plants in Raigarh, Angul and Patratu, India and in Sohar, Oman.

Source: SMS Meer GmbH

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Construction of TMK’s R&D facility launched in Skolkovo

TMK, one of the world’s leading suppliers of tubular products for the oil and gas industry, has held an opening ceremony for the launch of the construction of its R&D facility in the Skolkovo Innovation Centre. Dmitry Pumpyanskiy, Chairman of TMK’s Board of Directors, and Viktor Vekselberg, Skolkovo Foundation President supervised the ceremony.

In addition to the management of TMK and the Foundation, representatives of the leading oil and gas companies and technical universities, as well as heads of R&D organisations also attended the ceremony.

The facility will focus on developing efficient technologies for oil and gas exploration and production, transportation of hydrocarbons, and delivering new solutions to improve energy efficiency in the iron and steel industry, as well as developing and certifying new premium connections. The 15 thousand square meter premises of the future facility will host laboratories and R&D equipment, along with an administrative and office space. TMK’s R&D facility is scheduled to come online in Q1 2017. Investments in the project total RUB 3 bn.

The construction of the R&D facility was agreed on with the Skolkovo Foundation in April 2013. In 2014, TMK signed an agreement with the Skolkovo Joint Directorate on Assets and Services Management for the Centre for Elaboration and Commercialisation of New Technologies on the design and construction of ТМК’s research and development facility in the Skolkovo Innovation Centre.

The Skolkovo facility will be TMK’s third and most important R&D site that will complete the innovation platform combining the Russian Research Institute for the Tube and Pipe Industries (RosNITI) located in Chelyabinsk (Russia) and specialising in pipe production and testing technologies, and of TMK’s Houston-based R&D centre (USA) that has unique capabilities for developing and testing new pipe types, as well as accreditation as an ISO-certified testing laboratory for premium threaded connections.

“Establishing the third facility is an important step in boosting TMK’s R&D potential. One of the facility’s main features will be its capacity to conduct full-scale ISO 12835 / ISO 13679 CAL III and CAL IV tests of premium threaded connections for technically advanced exploration and production of hydrocarbons in challenging environments. We hope that the TMK’s R&D facility will contribute to fostering innovation in the pipe industry and materials science, both for the benefit of the Company and the rest of the oil and gas market,” said Dmitry Pumpyanskiy during the ceremony.

“We are happy to welcome such a reputable company as TMK to Skolkovo’s corporate community. I am confident that cooperation in implementing TMK’s most ambitious projects will yield results that will benefit the entire Russian economy. These projects will also undoubtedly provide fertile ground for university graduates and young scientists to apply their knowledge,” added Viktor Vekselberg.

Source: TMK
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United States Steel Corporation places order for electric arc furnace and vacuum tank degasser with SMS USA, to supply energy products

United States Steel Corporation (U. S. Steel), a Fortune 200 company headquartered in Pittsburgh, Pa., is a leading integrated steel producer with major production operations in the United States and Central Europe. Offering a wide range of value-added steel sheet and tubular products for its customers in the automotive, appliance, container, industrial machinery, construction, and oil and gas industries, U. S. Steel is a global metals solutions provider.

Recently, the company made the strategic investment to build an electric arc furnace (EAF) at its Fairfield Works outside of Birmingham, Ala. Fairfield Works is comprised of both steelmaking and finishing facilities for both flat-rolled and tubular markets.

SMS USA was selected as the supplier of the 1.6 million net ton EAF. The order includes engineering and supply of the furnace, gas cleaning and material handling equipment, including electrics and automation. Additionally, a vacuum tank degassing facility, equipped with advanced mechanical pumps, is included in the supply. The pumping system will be designed and assembled in Tarcento, Italy by SMS Concast. Several safety-related technologies will be incorporated into both operating facilities.

The EAF supports the company’s larger transformation journey, The Carnegie Way, in which a large number of initiatives to improve the company’s operational flexibility, cost structure and raw materials position are being implemented in order to improve customer relationships and build shareholder value.

Source: SMS Meer GmbH

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