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voda 13 juni 2023 08:26

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USSK Secures EU Funds for Ambitious Decarbonization Project
By Strategic Research Institute on Jun 13, 2023 10:16 am

Slovakia's US Steel Kosice (USSK) has been granted €300 million ($322 million) from the EU Recovery and Resilience Facility to support its plan for decarbonization. The partnership between USSK and the European Union will address the challenges of decarbonization and energy efficiency in a strategic and structured manner. This collaboration has been ongoing for several years and has yielded significant results in sustainable steel production.

One of the key outcomes of this partnership is the development of Chalibria, USSK's carbon neutral certified steel. This achievement has been made possible through the support and cooperation of the Alperia Group. The birth of Chalibria marks a significant milestone in USSK's efforts to reduce carbon emissions and promote sustainable practices in the steel industry.

The EU funds allocated to USSK will play a crucial role in the company's decarbonization plans. USSK intends to switch to electric arc furnaces as part of its decarbonization strategy. The transition to electric arc furnaces is a vital step in reducing greenhouse gas emissions and promoting cleaner steel production methods. However, the approval of USSK's Board of Directors is required for further investments in decarbonization initiatives.

USSK's commitment to decarbonization aligns with the broader goals of the EU's Recovery and Resilience Facility, which aims to support sustainable and resilient economic recovery. The funds allocated to USSK demonstrate the EU's recognition of the importance of decarbonizing the steel industry and investing in clean energy solutions.

voda 13 juni 2023 08:27

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Mr Amitava Mukherjee's Additional Charge as CMD NMDC Extended
By Strategic Research Institute on Jun 13, 2023 10:14 am

Ministry of Steel, Government of India, through order No. 3/2/2021-BLA dated 9th June 2023, has extended the additional charge of the post of Chairman and Managing Director NMDC to Mr Amitava Mukherjee, Director (Finance), NMDC Ltd.

This extension will be in effect for a period of 3 months, starting from 1st June 2023 and ending on 31st August 2023, or until a regular incumbent is appointed, or until further orders, whichever is the earliest.

voda 13 juni 2023 08:27

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OLAF & EPPO Uncover Steel Market Fraud, EUROFER Welcomes Actions
By Strategic Research Institute on Jun 13, 2023 10:12 am

EUROFER, the European Steel Association, commends the European Antifraud Office (OLAF) and the European Public Prosecutor Office (EPPO) for their joint efforts in uncovering fraud within the steel market. OLAF's investigations revealed that an EU importer had been evading the payment of anti-dumping duties through deceptive import declarations. The financial damage caused across the European Union amounts to €6.5 million, with potential additional consequences both in financial and criminal terms.

The fraudulent activities were centered around the importation of heavy plates from China, which were deliberately misclassified to avoid an average anti-dumping duty of 73.3%. OLAF was alerted to a suspicious shipment by anonymous sources, and with the cooperation of customs authorities in various EU member states, a series of similar fraudulent activities by the same company were uncovered. OLAF determined that the company may have been involved in an organized conspiracy to evade taxes, leading to the report of the matter to the EPPO.

Before the imposition of anti-dumping duties, China was the primary source of heavy plate imports, accounting for almost 50% of the total EU imports in 2015. While the anti-dumping duties effectively balanced the playing field with Chinese imports, other countries, including South Korea, Indonesia, India, Japan, and Turkey, increased their steel exports to the EU by nearly 500% compared to 2015. These fraudulent practices undermine the effectiveness of trade defense measures and distort fair competition in the steel sector.

EUROFER emphasizes the importance of investigating and penalizing such fraudulent practices to ensure the enforcement of trade defense measures and maintain a level playing field in the steel market. The association has actively supported OLAF and provided expertise and evidence to assist in the investigation. EUROFER reaffirms its commitment to cooperating with OLAF, EPPO, and other European institutions to prevent fraud and circumvention of EU laws, including trade defense instruments, sanctions, and the Carbon Border Adjustment Mechanism (CBAM).

voda 13 juni 2023 08:27

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JSW Steel Declared Preferred Bidder for Iron Ore Mine Lease in Goa
By Strategic Research Institute on Jun 13, 2023 10:09 am

JSW Steel has received official communication from the Directorate of Mines and Geology in Goa, declaring it as the "Preferred Bidder" for an iron ore mining lease. This significant announcement was made following auctions held by the State Government of Goa.

The two blocks in question are the Cudnem-Cormolem Mineral Block and the Surla-Sonshi Mineral Block located in North Goa. These blocks have substantial projected iron ore resources of 9.77 million metric tons and 65.73 million metric tons respectively.

To secure the status of "Preferred Bidder," the Company offered the highest final prices, surpassing 96.65% and 109.80% of the value of mineral dispatched for the Cudnem-Cormolem and Surla-Sonshi blocks, respectively. This achievement positions the Company as the leading contender for the mining lease in Goa.

Moving forward, the Company will diligently follow all necessary steps outlined in the tender document to obtain the Letter of Intent. This will be accompanied by obtaining all required statutory clearances to facilitate the execution of the Lease Deed with the Mine Development and Production Agreement (MDPA). Once these processes are completed, the Company will be able to commence mining operations in the designated areas.

voda 13 juni 2023 08:28

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Tata Steel Lifts Force Majeure on Cold Mill at Ijmuiden
By Strategic Research Institute on Jun 13, 2023 10:07 am

Tata Steel has announced the revocation of the force majeure declaration on Cold Mill 21 at Ijmuiden plant in Netherland, effective from 12 June. The company has successfully regained control over the production process of Cold Mill 21, following the disruptions that occurred during its revamp. Tata Steel expresses confidence that customer supply will return to normal in the coming weeks and months.

Throughout this period, a dedicated company-wide team has worked tirelessly to resolve the issues with Cold Mill 21 and implement mitigating actions to minimize the impact on customers. Tata Steel acknowledges the efforts put into resolving the production challenges and ensuring a smooth transition towards normal supply.

Steel, signaling the successful resolution of the production issues that led to the supply disruptions. With the dedicated team's relentless efforts, Tata Steel is poised to restore normalcy and provide uninterrupted supply to its valued customers.

voda 13 juni 2023 08:28

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ArcelorMittal's Environmental & Sustainable Initiatives in Brazil
By Strategic Research Institute on Jun 13, 2023 10:04 am

ArcelorMittal stands as a distinguished leader in environmental management, with a strong emphasis on sustainability in its operations across Brazil. The company has garnered recognition for its commendable efforts in energy self-sufficiency, water resource conservation, biodiversity preservation, and the adoption of low-carbon practices.

On World Environment Day, ArcelorMittal reiterates its global commitment to achieving carbon neutrality by 2050. As a pioneer in the industry, the company aims to reduce its specific emissions by 25% by 2030, marking a significant step towards its long-term goal.

To realize these objectives, ArcelorMittal is actively expanding the use of low-carbon initiatives and developing disruptive technologies for future implementation. Key initiatives being explored in Brazil include increased utilization of scrap as a raw material, the incorporation of natural gas, optimization of charcoal usage, and the enhancement of energy efficiency across its operations.

At ArcelorMittal Tubarão, substantial investments of at least 1.9 billion reais are dedicated to environmental management through the Evolve Program. The company's focus on renewable energy is exemplified by its partnership with Casa dos Ventos, leading to the creation of one of Brazil's largest wind complexes, the Babilônia Centro Wind Complex. This venture, involving an investment of R$ 4.2 billion, will provide renewable energy to meet approximately 38% of ArcelorMittal's energy requirements.

Water resource management is a crucial aspect of ArcelorMittal's sustainable practices. The company has implemented a comprehensive Water Master Plan across all its production units, ensuring efficient usage, exploring alternative sources, and prioritizing water resource availability in the short, medium, and long term. Notably, the construction of the largest seawater desalination plant in Brazil in Serra (ES) demonstrates ArcelorMittal's commitment to water security and conservation.

Preservation of biodiversity and the environment is a significant focus for ArcelorMittal. The Caiman project, in collaboration with the NGO Instituto Marcos Daniel, aims to monitor, rehabilitate, and ecologically manage the yellow-rumped caiman population within the Tubarão industrial plant. Additionally, the company's support of the Tamar project contributes to the monitoring and protection of green turtles in the vicinity of its operations.

ArcelorMittal's commitment to sustainable development extends beyond its own operations. The company conducts audits on critical suppliers to ensure adherence to environmental and social criteria. By prioritizing the circular economy and recycling, ArcelorMittal promotes the efficient use of resources and strives to eliminate waste and pollution throughout the product life cycle.

Through its comprehensive approach to environmental management, ArcelorMittal sets an exemplary standard for sustainable practices in Brazil. With a focus on energy efficiency, water conservation, biodiversity preservation, and the promotion of low-carbon products, the company actively contributes to a more sustainable future and leads the way towards a greener and more environmentally conscious steel industry.

voda 13 juni 2023 08:29

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Tenaris to Supply Structural Tubes for Atalanta Stadium Renovation
By Strategic Research Institute on Jun 13, 2023 10:01 am

Tenaris, in collaboration with the Atalanta soccer team, is playing a vital role in the renovation of Atalanta stadium in Bergamo, Italy. As part of the project, Tenaris will supply 450 metric tons of structural tubes to support the complete roofing of the stadium's southern section, ensuring compliance with UEFA requirements for hosting European tournaments.

The renovation and expansion initiative began in 2019 to enhance the stadium's infrastructure. Tenaris's seamless mill in Dalmine, situated near Bergamo, will be instrumental in delivering the necessary materials for the project. With a total of approximately 1,500 metric tons of structural tubes already supplied, Tenaris has proven its commitment to supporting the transformation of the Atalanta stadium.

The upcoming phase of the renovation is scheduled to commence between July and August of this year, with an estimated completion timeframe spanning from December 2023 to February 2024. This project holds significant importance for the local community, reinforcing the strong connection between Tenaris and its neighboring areas.

Tenaris's hot-rolled seamless tubes are renowned for their versatile applications in various structural projects, including stadiums, bridges, and airports. They are especially valued in architectural endeavors where structural lightness is a prerequisite. The use of Tenaris pipes ensures high ductility without compromising the overall integrity of the structure.

voda 13 juni 2023 08:29

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Cummins & ORNL Develop Novel Steel Alloy for Engine Improvements
By Strategic Research Institute on Jun 13, 2023 09:52 am

Cummins Inc., a global leader in power and technology, announces a breakthrough collaboration with Oak Ridge National Laboratory (ORNL) to develop a new high temperature steel alloy. This innovative material aims to enhance the durability and ultimate efficiency of Cummins' engines, providing significant benefits to their customers and fleets.

As a prominent manufacturer in the engine and power markets, Cummins continuously strives to improve the performance, capability, and durability of their products. The partnership with ORNL, initiated in 2018, focuses on researching and developing an alternative steel alloy with superior high temperature oxidation resistance and strength, while remaining affordable. The project has yielded prompt and effective results, demonstrating the potential for substantial improvements and efficiencies in Cummins' engines.

Corey Trobaugh, Cummins Director of Applied Science and Technology, expresses pride in the team's valuable work and the future advancements it promises. Previous materials utilized in engine components hindered efficiency gains and emissions reductions due to premature degradation from oxidation, scaling, and cracking. The new steel alloy addresses these limitations by exhibiting significantly enhanced strength at elevated temperatures, surpassing the commonly used 4140 commercial steel.

Comparing the novel alloy to 4140 steel, the new material showcases an impressive 85% increase in Ultimate Tensile Strength and a remarkable 143% boost in fatigue strength at 600°C. Engine tests featuring pistons made from this alloy exhibited minimal oxidation, scaling, or cracking, even under aggressive, long-term conditions. Additionally, the new medium carbon steel offers a temperature capability increase of at least 50°C compared to current 4140 steels. The cooperative development of this alloy received support from the Department of Energy's Vehicle Technologies Office LightMAT Program.

With a commitment to innovation, Cummins continues to push the boundaries across its power solutions portfolio, aiming to better serve customers while promoting a more sustainable future. The development of this groundbreaking steel alloy exemplifies their dedication to advancing engine technology and delivering high-quality products.

voda 14 juni 2023 16:05

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US scrap trading continues, prices fall
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Scrap trading in the US, which kicked off on 7 June, continued on Monday as the prices did not fully settle until the end of last week.

Amid weakening steel prices and supply outpacing demand, scrap prices faced significant pressure in US domestic market, as expected by all market participants. The latest recovery seen in Turkish scrap market failed to support domestic scrap prices in the US.

Initial bids from US mills stood at $40-60/gt lower from May prices for shredded and prime grades depending on the region. Cut grades were down by $30-45/gt from May deliveries while trading was still underway on Monday.

Turkish mills’ resumption of scrap demand and higher prices in the nation have encouraged US suppliers to sell into Turkey, and a significant rise in US offers was observed towards the end of last week. Although US suppliers were aiming to sell HMS 1&2 80:20 at above $395/t cfr Turkey, they failed to reach these values amid numerous offers. Latest bookings on Friday from the US appeared at $391/t cfr for HMS 1&2 90:10 and $410/t cfr for shredded and bonus grades.

Amid a sufficient number of offers from all regions, Turkish mills have had a silent start to the current week in terms of scrap demand.

Burcak Alpman Turkey

voda 15 juni 2023 08:03

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German Green Steel Receives Optimistic Backing, Await EU Approval

In an optimistic turn of events, German Economy Minister Robert Habeck (Greens) has expressed confidence in the forthcoming formal approval by the EU Commission for a groundbreaking billion-euro claim. The claim aims to establish a green steel production plant in Duisburg, a project that will significantly reduce the carbon footprint of steel production.

Speaking at a rally attended by thousands of thyssenkrupp steelworkers, Habeck assured the audience that the project was well on track for approval. The state of North Rhine-Westphalia and the federal government have jointly proposed a two-billion-euro investment for the direct reduction plant, which seeks to make steel production more environmentally sustainable.

Habeck enthusiastically shared that a written document from Brussels had arrived, indicating a favorable stance: "We want the two billion to be spent, we give the commitment that it can be spent." However, he emphasized that a group decision was still required, along with further discussions on the finer details before the project could proceed. The significance of transforming the steel industry, particularly within the local area, was underscored by Habeck.

North Rhine-Westphalia's Minister President, Hendrik Wüst (CDU), reiterated the state's unwavering support for the project, emphasizing Duisburg's position as the heart of German industry. Mona Neubaur, NRW's Economics Minister (Greens), echoed this sentiment, stating, "We want green steel; we want industrial jobs across NRW."

To amplify their message and apply additional pressure on policymakers, IG Metall called for a "day of action," resulting in approximately 12,000 workers participating in the event. Union representatives strongly advocated for swift approval of the proposed investment, stressing that thousands of jobs were at stake.

The proposed plant by Germany's largest steelmaker, Thyssenkrupp, aims to commence operations by the end of 2026. While construction has yet to commence, the facility is set to utilize hydrogen instead of coal, significantly curbing carbon dioxide emissions.

The direct reduction plant, a pioneering initiative to foster climate-friendly steel production, carries an estimated cost of well over two billion euros. The government's proposal seeks to secure around two billion euros for the project, with the EU Commission's final approval pending.

voda 15 juni 2023 08:03

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Tata Steel & SMS to Drive Decarbonization in Steel Making

Tata Steel Limited and the renowned SMS group from Germany have joined forces to drive the decarbonization of the steel making process. The collaboration between these industry leaders aims to implement innovative solutions and technologies to achieve significant reductions in CO2 emissions. In a Memorandum of Understanding (MoU) signed between the two companies, they have committed to exploring the potential of the EASyMelt technology, developed by SMS group, through a Joint Industrial Demonstration.

The EASyMelt (electric-assisted syngas smelter) technology represents a cutting-edge ironmaking solution that can be seamlessly integrated into existing integrated steel plants. It focuses on accelerating the decarbonization process. Central to this technology is the utilization of blast furnace top gas recycling for syngas production, achieved through the reforming of coke oven gas. The resulting syngas is then injected at both the shaft and tuyere level, with the gas injected at the tuyere level further heated using a plasma torch system.

T. V. Narendran, CEO & MD of Tata Steel, expressed the company's commitment to finding sustainable solutions for green steel production, emphasizing the responsibility of large manufacturers like Tata Steel in India, the world's second-largest steel producer, to lead the nation's decarbonization journey. He highlighted the partnership with SMS group as a means to access better technologies and processes to reduce Tata Steel's carbon footprint in a meaningful and consistent way.

Burkhard Dahmen, CEO of SMS group, expressed pride in teaming up with Tata Steel, a major steel producer, and anticipated achieving a significant milestone through their joint reference to the EASyMelt technology. He emphasized the global impact of this collaboration in decarbonizing existing blast furnace plants and transforming steel making practices.

This collaboration builds upon the MoU signed between Tata Steel and SMS group in November 2022, which aimed to strengthen their partnership in projects and technology related to green steel and decarbonization.

Tata Steel has prioritized decarbonization as part of its long-term sustainability goals. The company aims to achieve net zero carbon emissions by 2045. Demonstrating their commitment, Tata Steel has already conducted trials for record-high hydrogen gas injection in Blast Furnace-E at their Jamshedpur plant. They have also undertaken various initiatives, including continuous operation of a 5-tonnes-per-day industrial plant for carbon capture and utilization, reduction of freshwater consumption, and the development of sustainable supply chains.

Furthermore, Tata Steel has been recognized as the first steel maker in India to receive the prestigious 'ResponsibleSteel Certification' for its Jamshedpur plant, firmly placing the company and the country on the global decarbonization and sustainability map.

voda 15 juni 2023 08:04

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ArcelorMittal & LanzaTech Pioneer Carbon Capture & Utilisation

ArcelorMittal and LanzaTech have initiated a momentous feat with the establishment of the 'Steelanol' carbon capture and utilisation (CCU) facility, a trailblazing initiative in the European steel industry. By harnessing LanzaTech's cutting-edge carbon recycling process, this pioneering plant converts carbon-rich waste gases from steelmaking into advanced ethanol, fostering the circular use of carbon and curbing greenhouse gas emissions.

The successful inoculation and production of ethanol samples signify a remarkable stride towards sustainability and decarbonization in the steel sector. Through their Smart Carbon Strategy, ArcelorMittal and LanzaTech have unlocked the potential for industrial symbiosis, facilitating resource-sharing and addressing climate and waste challenges.

The CCU plant, which received funding from various sources, including the Flemish government and the European Union, exemplifies the convergence of industry and innovation in the pursuit of a circular carbon economy.

Notably, the LanzaTech process implemented at the facility demonstrates flexibility, accommodating both current steel production methods and future technologies with increased green hydrogen input. This adaptability allows for the evolution of carbon recycling applications alongside changing residue, waste streams, and green hydrogen availability.

Already operational at three commercial facilities globally, LanzaTech aims to inaugurate two additional plants in Asia by year-end, further expanding the impact of their carbon recycling technology.

The Steelanol facility's advanced ethanol production capacity of 80 million liters annually contributes significantly to Belgium's demand while reducing the Ghent plant's carbon emissions by 125,000 metric tons per year. As an integral part of the EU's 2030 Climate Target Plan, this endeavor aligns with the ambitious goal of achieving a 55% reduction in greenhouse gas emissions by the end of the decade. By transforming waste gases into valuable chemical products, the facility signifies a paradigm shift towards a more sustainable, circular approach to ethanol production that does not compete with food crops.

The collaborative efforts of ArcelorMittal, LanzaTech, Primetals Technologies, E4tech, and support from CINEA have paved the way for a new era of industrial symbiosis and circular carbon economy in Europe. This monumental achievement showcases the possibilities of carbon capture and utilisation on an industrial scale, revolutionizing the steel industry and contributing to global decarbonization efforts.

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voda 15 juni 2023 08:05

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ArcelorMittal & John Cockerill Unveil Iron Electrolysis Plant

ArcelorMittal, the eminent global steel company, and John Cockerill, a leading group in steel processing and electrolyzer development, have announced their collaborative endeavor to construct the world's first industrial-scale low-temperature iron electrolysis plant.

The Volteron™ plant, in its initial phase, aims to produce an annual output of 40,000 to 80,000 tonnes of iron plates, with production scheduled to commence in 2027. Upon successful validation of the technology at this scale, the partners aspire to expand the plant's capacity to an impressive range of 300,000 to 1 million metric tons per year.

For several years, ArcelorMittal and John Cockerill have diligently collaborated on an innovative electrochemical process, designed to convert iron oxide into iron plates. The project, previously known as SIDERWIN and publicly funded through the EU's Horizon 2020 program, has reached a successful conclusion. Alongside ArcelorMittal and John Cockerill, esteemed project partners such as EDF, Tecnalia, Quantis, University of Aveiro, National Technical University of Athens, Norwegian University of Science and Technology, Dynergie, Recoy, CFD Numerics, and Mytilineos have all contributed to the project. This next phase will be carried forward exclusively by the dynamic partnership of ArcelorMittal and John Cockerill.

Volteron™, a carbon-free and cold direct electrolysis process, employs electricity to extract iron from iron ore. Demonstrating impressive efficiency using standard iron ore during pilot scale trials, this groundbreaking technique produces iron plates. Subsequently, these plates are further processed into steel using an electric arc furnace.

Brad Davey, Executive Vice President and head of corporate business optimization at ArcelorMittal, expressed his enthusiasm for this remarkable development, acknowledging the potential of direct electrolysis technology to decarbonize the steelmaking process. Having successfully demonstrated the energy efficiency and low-temperature capabilities of the process on a pilot scale, ArcelorMittal aims to establish an industrial plant within four years, pioneering large-scale steel production through low-temperature electrolysis.

Sebastien Roussel, President of John Cockerill Industry, added his perspective, highlighting the historical leadership of John Cockerill in steelmaking engineering and electrolysis for hydrogen production. Roussel emphasized the significance of their collaboration with ArcelorMittal, emphasizing that Volteron™ represents an energy-efficient and CO2-free process with the potential to revolutionize the steelmaking industry, playing a crucial role in addressing global warming.

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voda 15 juni 2023 08:06

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Sika, thyssenkrupp and Muhr & Söhne Join for Sustainable Packaging

Sika, in collaboration with German packaging steel manufacturer Muhr & Söhne and thyssenKrupp Rasselstein, is leading the charge in sustainable packaging innovation. Their joint effort aims to revolutionize the production of tinplate hobbocks by utilizing bluemint® packaging steel, which boasts a higher proportion of recycled scrap material. This initiative is expected to result in a substantial reduction of CO2 emissions, up to 62%, in Germany, Austria, and the USA.

The sustainable packaging project is the result of a shared commitment between Sika, thyssenkrupp Rasselstein, and Muhr & Söhne, renowned for their expertise in metal packaging solutions. The significant reduction in CO2 emissions is achieved through the extensive utilization of recycled steel scrap in the production of bluemint® recycled steel, effectively replacing a substantial portion of iron ore and coking coal in the blast furnace.

Olaf Hedwig, Global Category Manager at Sika, highlighted the collaboration's focus on merging sustainability benefits, enhancing packaging performance, and delivering customer value. The utilization of bluemint® recycled steel enables a noteworthy reduction in CO2 emissions during the production of tinplate hobbocks, making them an even more sustainable packaging solution, as explained by Dr. Peter Biele, CEO of thyssenkrupp Rasselstein.

The material's specific emissions are externally validated and certified by TÜV SÜD. Additionally, packaging steel maintains its leading position in Europe in terms of recycling rates, with 85.5% of tinplate packaging being recycled. This remarkable achievement establishes tinplate packaging as the most recycled form of packaging in Europe.

The production of tinplate hobbocks from bluemint® recycled steel is carried out by Muhr & Söhne, a trusted supplier to Sika based in Germany. Klaus Wilmes, General Manager of Muhr & Söhne, emphasized the company's unwavering commitment to preserving natural resources for future generations. Through their patented design, Muhr & Söhne produces tinplate pails that exhibit significantly reduced material usage while maintaining high performance, enabling resource conservation over the years.

For the year 2023, thyssenkrupp Rasselstein has pledged to provide 3,000 metric tons of bluemint® recycled steel, resulting in an impressive saving of 4,590 metric tons of CO2 equivalents. Notably, Sika is the first blue chip company in its industry to adopt bluemint® packaging steel, solidifying its position as a pioneer in sustainable packaging solutions.

Muhr & Söhne specializes in the production of steel and tinplate packaging for hazardous goods. With state-of-the-art facilities spanning over 50,000 square meters and employing around 240 individuals across three production sites, Muhr & Söhne manufactures a wide range of drums for various industries. Their commitment to sustainable packaging is evident in their extensive product offerings and efforts to conserve resources.

voda 15 juni 2023 08:06

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Primetals Unveils Groundbreaking Green Steel Project in Spain

Primetals Technologies, a leading plant supplier, made a momentous announcement at METEC 2023 in Düsseldorf, unveiling plans to provide a cutting-edge greenfield EAF plant with a capacity of 1.5 million metric tons per year in Puertollano, Spain.

The ambitious project is spearheaded by Hydnum Steel, a newly formed company collaborating with industry partners including Russola, Siemens, and ABEI Energy to establish their maiden green steel plant. Primetals Technologies will contribute its state-of-the-art Arvedi ESP technology, as affirmed by Alexander Fleischanderl, head of green steel, highlighting its role in enabling advanced scrap automation and treatment, thus optimizing the efficiency of the EAF.

This groundbreaking initiative marks the first green steel project in the Iberian Peninsula and aims to leverage Spain's thriving automotive market by focusing on the production of flat steel. The plant will adopt a sustainable approach by utilizing scrap and green HBI/DRI charge alongside Primetals Technologies' ESP technology. Eric Vitse, chief technical officer at Hydnum Steel, emphasizes that the project is an audacious endeavor, signifying a departure from traditional carbon-intensive processes.

"Incorporating green hydrogen, we are exploring renewable energy sources for the plant's electricity supply, thereby reducing our CO2 footprint and contributing to the global fight against climate change," states Eric Vitse.

Vitse further underscores that the plant will operate exclusively on non-fossil fuels, proclaiming, "By introducing green hydrogen, we are embracing renewables as an electricity source, effectively minimizing our CO2 emissions in alignment with the worldwide efforts to combat climate change."

voda 15 juni 2023 08:06

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Meranti Steel & GPSC Forge Alliance for Green Steel Revolution

Meranti's ambitious green steel project in Thailand moves forward, as Global Power Synergy Public Company Limited (GPSC), based in Thailand, and Meranti Steel, headquartered in Singapore, announce a strategic cooperation. This landmark partnership aims to pave the way for renewable solutions, including offsite solar and wind energy, as well as the development of a green hydrogen supply chain for one of South-East Asia's foremost green steel initiatives.

The formalization of this collaboration, marked by the signing of a Memorandum of Understanding (MoU), exemplifies the unwavering commitment of both companies to drive industrial decarbonisation. Present at the momentous occasion were Dr. Rosaya Teinwan, Executive Vice President of Business Development at GPSC, and Dr. Sebastian Langendorf, CEO of Meranti Steel.

With operations slated to commence in late 2027, Meranti's cutting-edge green steel plant holds the promise of significantly reducing carbon dioxide emissions. Leveraging state-of-the-art technology, sustainable solutions, and an innovative energy concept, the plant is projected to curtail carbon emissions by up to 3 million tonnes annually over time, surpassing the environmental benefits of traditional blast furnace technologies.

Dr. Rosaya Teinwan affirms, "Our partnership with Meranti Steel signifies a pivotal moment for Thailand's steel industry. Meranti Green Steel is not merely a new venture; it represents a substantial stride toward our collective goal of achieving net-zero emissions in Thailand."

Dr. Sebastian Langendorf adds, "We are honored to collaborate with GPSC, a trailblazer in renewable energy, on this pioneering project. Together, we are shaping a sustainable future for Thailand's steel industry, striking a delicate balance between economic growth and environmental responsibility."

Meranti Steel is working closely with numerous prospective execution partners and scouting potential sites near the Map Ta Phut port on Thailand's Eastern Seaboard to optimize inbound and outbound logistics. Discussions with potential strategic partners to support project financing are ongoing, with a strong emphasis on fostering local ownership.

About Global Power Synergy Public Company Limited (GPSC): Global Power Synergy Public Company Limited (GPSC) is a leading energy company based in Thailand, dedicated to fostering innovation and sustainability within the energy sector. With a forward-thinking approach, GPSC actively transforms the energy landscape through strategic investments and collaborations that promote cutting-edge technology and practices.

Meranti Steel, headquartered in Singapore with the JFE Meranti Joint Venture in Myanmar, is deeply committed to sustainability. Operating under the Meranti Green Steel brand, the company aspires to be at the forefront of decarbonisation efforts. Meranti Steel recognizes the importance of robust partnerships in achieving its goals and aims to provide high-quality steel products while delivering industry-leading delivery and service. Safety, for both team members and the communities it operates in, remains Meranti Steel's top priority.

voda 15 juni 2023 08:07

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US Steel's Advancements in Low-Carbon Solutions in the Steel

IUS Steel has embraced a strategy that aligns with their sustainability objectives, focusing on innovative solutions and industry-leading, low-carbon process technologies. Their progress in 2022, including the successful start-up of the Gary pig iron operation and investments in advanced mini mill technology, exemplifies their commitment to advancement.

With a strong emphasis on reducing their carbon footprint, US Steel offers steel products manufactured with fewer emissions and high recyclability. Their disruptive innovation, such as verdeX steel with a significantly lower carbon footprint, showcases their determination to revolutionize the industry.

Furthermore, US Steel envisions a comprehensive transformation that extends beyond manufacturing processes, aiming to benefit their stakeholders and the environment.

Trane Technologies, a pioneer in climate solutions, has also recognized US Steel's commitment to sustainability, forging agreements to utilize low-carbon-footprint steel in their products.

US Steel's focus on automotive solutions and partnerships with renowned companies like General Motors and BMW Group highlight their dedication to providing high-quality, low-carbon steel solutions. Through renewable-energy consumption and strategic initiatives, US Steel is laying the foundation for carbon intensity reductions and sustainable steel production.

voda 15 juni 2023 08:07

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Resonac's Acquire AMI Automation

Resonac Holdings Corporation, a leader in the field of industrial solutions, has made a momentous decision to acquire 100% shares in AMI Automation, based in Mexico. AMI Automation specializes in providing cutting-edge automation, control, and optimization solutions to a wide range of industries. This strategic acquisition is set to propel Resonac's digital transformation journey and accelerate the adoption of digital technologies across various sectors.

With its initial investment of 50% ownership in AMI Automation in February 2021, Resonac paved the way for this ambitious move. Now, Resonac is exercising its option to acquire the remaining 50% shares, solidifying its position as the sole owner of AMI Automation. The completion of this acquisition is expected to take place in the third quarter of 2023.

AMI Automation is globally recognized for its comprehensive automation solutions, encompassing both hardware and software services. Notably, the company's software and services optimize the operation of electric arc furnaces (EAFs) in the steel industry. In North America, where the EAF market is booming, AMI's software is utilized in approximately 90% of EAF steel production, establishing AMI as a renowned leader in innovation. Resonac, on the other hand, holds the distinction of being the foremost provider of high-quality graphite electrodes worldwide, operating six manufacturing facilities strategically located around the globe.

The acquisition of 100% shares in AMI Automation represents a significant milestone for Resonac, as it allows the company to expand its graphite business beyond electrode products. Resonac aims to offer comprehensive solutions for EAFs, including support for the digitalization of the production process. By integrating AMI's digital automation and optimization solutions, Resonac will enhance EAF operating efficiencies, promote safety measures, conserve energy, and reduce greenhouse gas emissions. This move demonstrates Resonac's commitment to delivering enhanced value and sustainable solutions to its customers.

AMI Automation boasts a team of approximately 200 engineers, including 20 highly skilled AI engineers, who possess expertise in digitalization. In addition to providing digital automation and optimization solutions for EAF operators, these engineers will collaborate with Resonac's Research Center for Computational Science and Informatics, a vital source of strength for Resonac. Together with the Chief Digital Officer (CDO), they will drive digital transformation initiatives throughout the Resonac Group.

Furthermore, AMI Automation offers automation, control, and optimization solutions to various industries, such as paper, cement, oil & gas, and more. Resonac and AMI Automation will work together to identify and implement joint projects aimed at improving efficiency in diverse manufacturing processes.

voda 15 juni 2023 08:07

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RWE Spearheads Sustainability in Wind Power with Green Steel

RWE, at the forefront of renewable energy, once again showcases its commitment to sustainability by introducing the world's first recyclable rotor blades at its Danish offshore wind farm, Thor. Out of the 72 wind turbines (SG 14-236 DD), 40 will be equipped with these groundbreaking blades, manufactured by Siemens Gamesa. The installation of these recyclable rotor blades is scheduled for 2026. Additionally, RWE is piloting CO2-reduced steel towers for half of the project's turbines, further reducing the carbon footprint.

Sven Utermöhlen, CEO of RWE Offshore Wind, expressed the company's dedication to circularity and achieving net-zero emissions.

The recyclable wind turbine blades have already undergone real-life testing at RWE's German offshore wind farm, Kaskasi, and will now be implemented at the Thor wind farm. RWE continues to lead the way toward a circular offshore sector. Furthermore, RWE takes an additional step by piloting Siemens Gamesa's CO2-reduced steel towers, significantly minimizing the environmental impact of wind turbines. This progressive approach aligns with the future direction of the sector, which places sustainability at its core.

Recycling wind turbine blades has been a challenge due to the complex nature of composite materials used in their construction. However, Siemens Gamesa's recyclable blades employ a new type of resin with a unique chemical structure that enables the separation of composite materials. This process preserves the individual material properties, allowing them to be reused in various applications such as automotive or consumer goods manufacturing. By avoiding landfill disposal, these recyclable blades have the potential to revolutionize the wind power industry, diverting over one million tons of blade material from ending up as waste each year.

The Thor wind farm, located approximately 22 kilometers from Thorsminde on the west coast of Jutland, will be a significant milestone for Denmark's renewable energy landscape. With a planned capacity exceeding 1,000 MW, Thor will become the country's largest offshore wind farm to date.

Once operational, it is estimated to generate enough green electricity to power over a million Danish households, representing approximately one in three households in the country. RWE has already demonstrated its offshore wind expertise with the completion and operation of the Danish Rødsand 2 offshore wind farm, located south of the island of Lolland.

voda 15 juni 2023 08:07

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Appeal for Revival of Visvesvaraya Iron & Steel Plant Lodged

Shivamogga Lok Sabha member B.Y. Raghavendra recently held a meeting with Amarendu Prakash, chairman of the Steel Authority of India (SAIL), in New Delhi to address a pressing concern. In his appeal, Mr. Raghavendra passionately implored the SAIL chairman to halt the closure process of the historic Visvesvaraya Iron and Steel Plant located in Bhadravathi, and instead, revive the plant, reports Hindu

Highlighting the plight of those affected, Mr. Raghavendra emphasized that 280 permanent employees, 1,340 contractual workers, and approximately 10,000 families in Bhadravathi relied on the plant for their livelihoods. Recognizing the importance of the plant for the region, the State Government of Karnataka has sanctioned 150 acres of iron mines in Sandur taluk for captive usage by the plant.

In his plea to the SAIL chairman, Mr. Raghavendra urged the immediate cessation of the closure process and proposed the modernization and upgrade of the plant instead. Reviving the Visvesvaraya Iron and Steel Plant would not only safeguard the livelihoods of thousands but also contribute significantly to the realization of Atmanirbhar Bharat (self-reliant India).

The employees of the Visvesvaraya Iron and Steel Plant have been staging protests, demanding the revival of the plant. The political leaders of various parties have shown their solidarity by meeting the protesters and assuring them of their support. Their collective effort aims to work towards reviving the plant and restoring hope to the workers and their families.

Visvesvaraya Iron and Steel Plant, founded a century ago by Nalvadi Krishnaraja Wodeyar under the guidance of Sir M. Visvesvaraya, holds immense significance. Once a public-sector undertaking of the State Government, it was later transferred to the Government of India in 1989. However, due to recurring losses, the union cabinet approved the strategic disinvestment of the plant. In 2019, an expression of interest was invited from potential bidders, but the insufficient interest led to the termination of the process in October 2022. Subsequently, the Department of Investment and Public Asset Management initiated the closure of the plant, leaving the workers and their families in dismay.

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