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Emirates Steel Evaluating HRC Plant Leading integrated steel plant in the Middle East Emirates Steel announced its plans to add Hot Rolled Coils to its wide range products portfolio so that it can mainly meet the needs of the local and regional markets of the high quality flat products. Emirates Steel is currently conducting a comprehensive evaluation for the project to construct HRC plant in MENA region. Upon completion, the new plant is set to boost Emirates Steel’s production capacity to exceed 5 million tonnes per annum. Thanks to the latest technologies, the new plant will have the lowest carbon footprint in the region. Emirates Steel CEO Mr Saeed Ghumran Al Remeithi said that “After completing the evaluation process, we plan to meet the increasing demand on HRC and flat products in local and regional markets through the new expansion of its assets and operations. Launching our new HRC products is part of our growth plans which aims to maximise our contribution to UAE industrial sector.” Flat products serve several industries and applications including automotive, electrical steel, shipbuilding, boilers and pressure vessels, gas cylinders, heavy metal structures, offshore structures, general construction, machine components, pipes and tubes, household appliances, and structural steel, among others. Emirates Steel is the largest producer of heavy and jumbo sections, and the only producer of hot rolled sheet piles in the region. Source - Strategic Research Institute
European Steel Users Seek Termination of Safeguard Measures In response to announcement by the European Commission that it will review the safeguard measures on steel, in place since 2018, a coalition of downstream users of steel is urging the Commission not to extend the measures beyond their expiry date this June. The European Automobile Manufacturers Association said that “While the COVID-19 pandemic has severely impacted manufacturing activity across all sectors in Europe during 2020, production levels are now increasing and are expected to continue to do so as the economy recovers during 2021. As a consequence, and since the second half of 2020, companies are facing surging prices for steel products and long delivery times because of an insufficient domestic supply. Due to the safeguard measures currently in place, reduced competition from third countries means that import alternatives aimed at easing cost and lead-time pressures on European manufacturers have been limited. The possibility of extending the safeguard measures beyond June 2021 adds to the uncertainty and adverse market conditions that steel users are currently facing.” ACEA urged “It is in the interest of downstream users to rely on a strong and competitive EU domestic steel industry. Excessive protection will only result in an uncompetitive European steel industry, to the detriment of downstream users and final consumers. Therefore, the steel safeguard measures should expire on 30 June 2021 as foreseen.” The coalition of EU trade associations representing the interests of downstream users of steel consists of ACEA, APPLiA, CECE, CEMA, CEMEP, CLEPA, Orgalim, and WindEurope. Source - Strategic Research Institute
AP Invites POSCO for Setting up Steel Plant at Krishnapatnam PTI reported that the Andhra Pradesh government has invited South Korean steel maker POSCO’s Indian subsidiary POSCO India Private Limited to establish a greenfield integrated steel plant at Krishnapatnam in the Nellore district of Andhra Pradesh. Andhra Pradesh Special Chief Secretary (Industries and Investment) Mr R Karikal Valaven in a letter addressed to POSCO India Chairman & Managing Director Mr Sung Lae Chun said that the AP government is keen on having the unit at Krishnapatnam while pointing to the interest expressed by the firm on the location. He wrote “AP government envisages that the steel plant at Krishnapatnam will be an anchor industry in driving the economic activity in the region and the state will support POSCO to the best of its efforts. I would like to extend an invite to the delegation from POSCO headquarters at Seoul to confirm your proposal for setting up an integrated steel plant in the land identified jointly by your team and the Government of AP at Krishnapatnam and for further discussion on other required support under the State Industrial Policy.” He also wrote “Developing an integrated steel plant beside a world-class port offers multiple logistical advantages. Reminding that Krishnapatnam port is one of the largest automated ports in South Asia with a facility to handle Capesize and Panamax vessels. The state government would take all steps to hand over the land at the earliest to POSCO once a common understanding is achieved on the way forward. AP would be willing to consider further support in the form of fiscal and non fiscal incentives.” Mr Karikal pointed out that Krishnapatnam is poised to be the next industrial growth centre of Andhra Pradesh considering that it is strategically located on the Chennai-Bengaluru Industrial Corridor, which is being developed with the support of the Centre. Source - Strategic Research Institute
Primetals & Midrex to Supply HBI Plant to Mikhailovsky HBI Mikhailovsky HBI, which was jointly established by USM and Mikhailovsky GOK of Metalloinvest, signed a contract with Primetals Technologies and consortium partner Midrex Technologies Inc to supply a new Hot Briquetted Iron Plant in Zheleznogorsk in Kursk region of Russia. The plant is designed to produce 2.08 million tonnes of HBI per year. Latest design features ensure reduced energy consumption and environmental impact. The contract includes engineering, supplies and advisory services. Startup is expected in the first half of 2024. The new plant will be the largest HBI plant in the world and is equipped with the latest design features. The plant includes a 7.15m diameter Midrex shaft furnace, a 19-bay reformer with 280mm MA-1 reformer tubes and low NOx burners for NOx reduction. An increased top gas pressure ensures higher furnace productivity and reduced power consumption. A flue gas hot fan additionally reduces electric power consumption. Also, a hot fines recycling system will be included. The level 1 and level 2 automation systems, including the DRIpax expert system, are also part of the project. Midrex and Primetals Technologies will be responsible for engineering and supply of mechanical and electrical equipment, steel structure, piping, ductwork, as well as for training and advisory services. The Midrex plant produces high-quality HBI from iron ore pellets using the natural gas-based Midrex Direct Reduction Process (Midrex NG) - the most environmentally friendly technology for ore-based ironmaking. Compared to traditional ironmaking technologies, the carbon footprint of a Midrex NG plant is reduced by more than 50% compared with blast furnace ironmaking. By replacing natural gas with green hydrogen there is potential to further decrease carbon emissions in the future. The contracted plant is capable of being converted in the future to use up to 100% hydrogen as a reducing agent. The feed for the new HBI plant consists of pellets produced from Mikhailovsky GOK iron ore. Investment in the construction of the plant is estimated at over 40 bn roubles excluding VAT. The project will create around 400 highly qualified jobs in Zheleznogorsk. Mikhailovsky HBI (55% owned by USM, 45% by Mikhailovsky GOK) will implement the project based on the principles of project financing. Source - Strategic Research Institute
Indonesia to Fight EU at WTO over Nickel Export Curbs Reuters reported that Indonesia is ready to fight the European Union's challenge of Indonesia’s ban on nickel ore exports at the World Trade Organisation, arguing the bloc's actions may hinder Indonesia's development plans. Indonesia’s Trade Minister Mr Muhammad Lutfi said "The Indonesian government is ready to fight for and make efforts to defend against the EU lawsuit. These efforts remind us of a time when the exploitation of natural resources was not for the benefit of the owners of natural resources themselves.” EU launched its initial complaint in November, 2019, against the export restrictions on raw materials, notably nickel ore and iron ore, that are used to make stainless steel, saying the bans were illegal and unfair to EU steel producers. It escalated its challenge at the WTO last month by requesting the Geneva-based trade body form a panel to adjudicate on the case. Once the world's biggest exporter of nickel, Indonesia banned ore exports last year to incentivise foreign investors to help develop a full nickel supply chain in the country, starting from extraction, processing into metals and chemicals used in batteries, all the way to building electric vehicles. Source - Strategic Research Institute
Gerdau Reduces 9% Manufacturing Costs Using Fero Labs AI Leading producer of long steel in Latin America Brazilian Gerdau is using data and machine learning predictions to save money, while maintaining the same level of production quality. Gerdau had a lot of data coming in from its numerous manufacturing machines but struggled to use that data. While providing some cost saving predictions, the traditional tools it used couldn't make real time adjustments and had trouble evaluating multiple nonlinear relationships between the data. The predictions the traditional tools made were low-accuracy and Gerdau wanted to improve accuracy by adding AI in manufacturing to the process. The steel producer turned to Fero Labs. The 2016 startup sells a platform that uses machine learning to optimize factory predictions. The initial challenges are around working out what to measure, working out how to measure it, working out what it means and then working out what to do about it. Gerdau worked on its machine learning models in Fero Labs' platform for weeks, throwing all kinds of data into it and seeing what results the models produced. That data included the chemical and physical properties of the production materials and the final steel product. With steel, for example, data included what the thickness of the final product will be and what the temperatures are during various parts of the manufacturing process. Before using Fero Labs, Gerdau, which already had sensors on its machines, faced problems with the clarity of the machine data it was collecting and sending to numerous other software programs it uses. The Fero platform identified some of the bad or missing data coming in, alerting Gerdau quality departments to data they had to drill down into and clean. After cleaning up its data, Gerdau focused on getting accurate predictions about the mechanical properties of the steel it made based on the data coming in. The company then focused on creating live-prediction dashboards that could show operators real-time results as they work the machines. Gerdau then focused on using Fero Labs to optimize its chemical formulas to use the least amount of raw materials possible to make steel with the mechanical properties it needed. The company experimented with those predictions, creating models that could detail how they could move leftover materials to different products, to further cut down on waste. Gerdau is now trying to make its predictions more accurate. Gerdau has set up the Fero platform to send a monthly report detailing the predictions the platform has made and if or how results differed from those predictions. Gerdau is working on optimizing its predictions and results based on those reports and creating new reports, which include one that details how much money the company could save if the predictions worked correctly. Gerdau has reduced production costs, so far, by about 9% since using Fero Labs. Source - Strategic Research Institute
Colakoglu Grants FAC for VOD Plant to Primetals In December 2020, the Vacuum Oxygen Decarburization plant, upgraded from an existing Vacuum Degassing plant by Primetals Technologies at the Dilovasi meltshop of Turkish steel producer Colakoglu Metalurji AS received the Final Acceptance Certificate. With a heat size of 295 metric tonnes, the VOD is the largest worldwide. The aim of the modernization project was to enable the production of special steels, like IF grades, ULC grades or stainless steels. This helps Çolakoglu to broaden its product range and enter additional markets. Immediately after start-up, for the first time in Turkey, stainless steel grades 304 and 304L were produced with the aid of the new VOD plant. For the VOD plant for Colakoglu, Primetals Technologies was responsible for the engineering and supplied all the core components. These included, for example, valve stands, the oxygen blowing lance system as well as filters and a filter cleaning system installed before vacuum pumps. The scope also encompassed the modernization of the existing automation system. The level 2 system including process models was modernized in order to operate the VOD plant. Additionally, all required instrumentation of the equipment was supplied by Primetals Technologies. Colakoglu operates an electric steel plant in Dilovasi, in the west of Turkey. The main products of the plant are slabs for further processing in a hot rolling mill, and billets for producing reinforcing steel bars and steel rock bolt. The Colakoglu steel making plant, one of the largest in the world, was supplied by Primetals Technologies and is in operation for several years. This latest modernization project marks another step in the successful business partnership of Colakoglu and Primetals Technologies. Source - Strategic Research Institute
BlueScope Appoints Ms Gretta as Chief Executive Climate Change BlueScope announced the establishment of a new Executive Leadership Team position by appointing Ms Gretta Stephens as Chief Executive Climate Change. Ms Gretta will lead BlueScope’s new Climate Change function. With her technical background in engineering and materials science, and her track record of working with government and wider industry to solve macro problems, Ms Gretta is ideally placed to lead this new global function. Ms Gretta will now drive the work already underway, including decarbonisation pathway and long term carbon reduction aspirations. Ms Gretta's new team will explore a range of technologies to understand the scale of emissions reduction they might deliver, potential costs and timeframes and the barriers and enablers to implementation. BlueScope recognises that the future of iron and steelmaking will need to be centred on breakthrough technologies, once proven and scalable. Exciting work is being undertaken around the globe to explore breakthrough green steel' iron making technologies including using hydrogen and electrolysis. These technologies are currently in early stages of technology readiness with significant advances expected to occur over the next decade. For success, such initiatives will need international collaboration across the industry value chain, supportive public policy, and affordable, renewable and reliable energy. In the shorter term, the steel sector will need to rely on technology performance improvements within conventional routes, increased use of renewable energy and other abatement measures including optimising raw material mixes, capturing and reusing a greater proportion of waste heat and gases, and potentially replacing a proportion of the coal currently used in the process with alternative reluctant such as biomass or hydrogen-containing gas such as coke ovens gas. Increased rates of scrap usage, and greater use of renewable energy to cut Scope 2 emissions, are also being considered. In FY2021, BlueScope will release the outcomes of climate scenario analysis, along with long term carbon reduction aspiration and pathway. This will be supported by participation in 1. Founding member of ResponsibleSteel, first global multi-stakeholder standard and certification programme for steel 2. Founding member of Net zero Steel Pathway Methodology Project, global initiative establishing a recognised net zero transition pathway methodology for the steel sector 3. Australian Industry Energy Transitions Initiative, industry led initiative to develop pathways to net zero emission supply chains across critical sectors of the Australian economy 4. Stepup, benchmarking initiative for steel sites to identify opportunities for improvement in steel mill operating parameters 5. Participated in the review of the IEA steel sector roadmap, released in October 2020 Source - Strategic Research Institute
OMK Chelyabinsk Supplies 300 Tonnes of Steel to Kudankulam NPP The Chelyabinsk plant of the United Metallurgical Company OMK in 2020 produced and shipped more than 300 tonnes of products from high-alloy stainless steel grades to JSC Atomstroyexport for the project for the construction of India's largest nuclear power plant Kudankulam. Basically, this is a complex supply of piping systems, consisting of assembly units blocks, fittings and elements of a support-suspension system with quality assurance categories that require the constant presence of the customer's specialists and their control after each operation with the products. The products will be used for the construction of auxiliary pipelines of the second and third safety class in the reactor buildings of the third and fourth power units of the NPP. In 2021, the Chelyabinsk enterprise OMK will supply ASE for the Kudankulam nuclear power plant with more than 200 tons of products. Taking into account close cooperation with the OMK plant, ASE agreed with the Indian Atomic Energy Corporation to send its quality specialists to Chelyabinsk in the first quarter for long-term work in order to optimize the delivery time and process, and significantly increase the production rate of parts for nuclear power plants. Previously, ICAEL inspectors came to receive products two or three times a month. This greatly reduced the pace of production, since without the approval of the representatives of the Indian customer it was impossible to proceed to the next operations with the products. The constant presence of Indian quality specialists in the workshops of the enterprise will allow establishing uninterrupted production of products. Kudankulam is the largest nuclear power plant in India, located in the south of the Indian state of Tamil Nadu. Power units No 3, 4 and No 5, 6 are the second and third stages of the Kudankulam NPP, built according to the NPP-92 project with a VVER-1000 V-412 reactor plant. The new power units of the Kudankulam NPP comply with the most modern IAEA safety requirements. Source - Strategic Research Institute
Schuler Readies Forging Press for Thyssenkrupp Homburg Starting in 2022, thyssenkrupp Gerlach is expected to start production on a Farina forging press from Schuler. Internal assembly for the 16,000 tonne line has been completed in Suello in Italy and after the test run the components with a total weight of 1,700 tonnes will make their way to the customer's forging plant in Homburg in Germany. The Farina GLF series presses cover forces from 750 to 16,000 tonnes. They feature a novel direct drive concept without connecting rods. Thus, the design engineers at Schuler and Farina succeeded in reducing the machine height compared to conventional presses. One result of the optimization for hot forging is, among other things, a very high deformation reduction and thus a significantly reduced flash thickness on forging parts. Farina had already supplied a 4,000 tonne forging press to thyssenkrupp in 2008. Schuler had acquired the Italian press manufacturer based in Suello, the leading European supplier of forging lines in the mid-price segment, in 2018. Source - Strategic Research Institute
Severfield Acquires Yorkshire based DAM Structures Severfield plc has announced the acquisition of Yorkshire based innovative steel fabrication company DAM Structures. The company's manufacturing capabilities as specialist steel fabricators of both temporary and permanent works range from plunge columns, plated beams, box sections, tower crane grillages, small and large diameter propping works, façade retention towers, portal framed structures, mezzanine floors, heavy duty stairs and minor bridges. The company operates from its bespoke premises in Carnaby and can currently process up to 300 tonnes of structural steelwork per week for distribution across the UK. DAM Structures currently has 76 employees. The acquisition will give Severfield immediate access to attractive, complementary market sectors with strong growth potential including the propping, railway and steel piling markets. Combining the businesses will enhance Severfield's position as the UK's broadest structural steel services group. The acquisition will provide the Group with new clients from which to grow its existing services and gives Severfield a platform to widen its supply chain into its existing client base. For the twelve months to 31 October 2019, DAM Structures recorded audited revenues of GBP 22.3 million and a profit before tax of GBP 1.9 million. The value of the gross assets as at 31 October 2019 was GBP 14.2 million. The Acquisition consideration will be funded by a combination of cash reserves and a term loan. The Acquisition is anticipated to be earnings enhancing in its first full year of operation. Source - Strategic Research Institute
Hoa Phat to Set Up TEU Containers Plant in Vietnam VNA reported that Vietnamese Steel maker Hoa Phat Group is recruiting experienced personnel for a cargo container manufacturing project, with a designed capacity of 500,000 Twenty Foot Equivalent units per year, expected to start production in the second quarter of 2022. Hoa Phat Group Vice Chairman Mr Nguyen Manh Tuan said “Global demand for cargo containers is on the rise as a result of growing e-commerce and foreign trade. We have been conducting research in various fields and are confident we have the ‘firepower’ to make the container manufacturing project successful and competitive with manufacturers from China, the world’s leading container producer.” According to Hoa Phat, shipping containers are made from weather-resistant and expensive SPA-H steel. Steel currently accounts for about 55% of the production cost. Source - Strategic Research Institute
North American Oil & Gas Rig Count Decreases in Week 08 Houston based oil field Services Company Baker Hughes reported for the week ending February 26, US rotary rig count increased by five to 402 rigs. The number of rigs drilling for gas increased by one to 92, while the number of rigs drilling for oil increased by four to 309. The overall rig count is now down by 388 rigs in a year-on-year comparison. Meanwhile, the Canadian rig count decreased by nine to 163 rigs in the week ending February 26. The Canadian rig count is now down by 77 rigs compared to the same week a year ago. Baker Hughes has issued the rotary rig counts as a service to the petroleum industry since 1944, when Baker Hughes Tool Company began weekly counts of US and Canadian drilling activity. Baker Hughes initiated the monthly international rig count in 1975. The Baker Hughes Rig Counts are an important business barometer for the drilling industry and its suppliers. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for products used in drilling, completing, producing and processing hydrocarbons. Source - Strategic Research Institute
Global Crude Steel Production in January 2021 up by 5% YoY World crude steel production for the 64 countries reporting to the World Steel Association was 162.9 million tonnes in January 2021, a 4.8% increase compared to January 2020. Crude Steel Production by Region Asia & Oceania 119.0 million tonnes, up 6.3% YoY EU (27) 12.2 million tonnes, down 0.4% YoY North America 9.6 million tonnes, down 7% YoY CIS 9.2 million tonnes, up 4.5% YoY Europe, Other 4.4 million tonnes, up 11.2% YoY South America 3.8 million tonnes, up 11.4% YoY Middle East 3.6 million tonnes, up 1.5% YoY Africa 1.2 million tonnes, down 7.9% YoY Source – worldsteel Top 10 Steel Producing Countries 1. China 90.2 million tonne, up 6.8% YoY 2. India 10.0 million tonne, up 7.6% YoY 3. Japan 7.9 million tonne, down 3.9% YoY 4. United States 6.9 million tonne, down 9.9%YoY 5. Russia 6.7 million tonne, up 6.5% YoY 6. South Korea 6.0 million tonne, up 4.9% YoY 7. Turkey 3.4 million tonne, up 12.7% YoY 8. Germany 3.3 million tonne, up 6.0% YoY 9. Brazil 3.0 million tonne, up 10.8% YoY 10. Iran 2.6 million tonne, up10.2% YoY Source – worldsteel Source - Strategic Research Institute
ISSDA Seeks Re Imposition of Duties on Stainless Steel Imports Indian Stainless Steel Development Association has voiced concerns about the impending adverse impact on India’s domestic industry due to the temporary revocation of trade remedial duties on importing stainless steel, as announced in this year's Union Budget. ISSDA President Mr KK Pahuja said "The government reversed six trade remedies out of which three relate to stainless steel, which is just 3 per cent of overall steel industry in India. Therefore, it has disproportionately impacted stainless steel, including its MSME sector, and considerably dipped the market sentiment. MSME sector constitutes about 35% of the domestic stainless steel industry, spread across the country, and is a major supplier for utensils and household segments. However, the installed capacity for manufacturing stainless steel in the MSME sector is 15 lakh tonnes, with less than 50% being utilised. Keeping this in mind, a potential market brimming with unregulated and cheap imports of Chinese stainless steel goods is expected to make MSME players go bankrupt or turn them into traders.” ISSDA, along with four major associations representing MSME stainless steel producers, namely the Wazirpur Industrial Estate Welfare Society Delhi, Rajasthan Stainless Steel Re-rollers Association Jodhpur Rajasthan, Jagadhri Stainless Steel Re-roller Association Haryana and Stainless Steel Re-rollers Association Ahmedabad Gujarat has urged the government to reconsider this step as it will distort the domestic market by flooding it with subsidised stainless steel from China and Indonesia, and will put several MSME players on the verge of bankruptcy. Presenting the Budget proposals for 2021-22 in Parliament on February 1, Finance Minister Ms Nirmala Sitharaman announced that import duties on a host of steel items were being reduced to prevent hardening of metal prices in the country. Also, the Budget temporarily revoked (commencing from February 2 till September 30, 2021) countervailing duty on imports of Certain Hot Rolled and Cold Rolled Stainless Steel Flat Products, originating in or exported from China. Also, provisional countervailing duty has been revoked on imports of flat products of stainless steel, originating in or exported from Indonesia. The anti-dumping duty on certain grades of Cold-Rolled Flat Products of stainless steel has also been discontinued. Source - Strategic Research Institute
Danieli Modernizing Hot Strip Mill Vijayanagar Works of JSW Steel Danieli India has executed the revamping of the lower housing part of vertical edger for the existing HSM -1 at JSW Steel Vijayanagar Works, which was designed, manufactured at Danieli India design and manufacturing center in Chennai. Danieli Service performed a detailed mill audit, checking wear and tear conditions of the edger stand and other associated equipment, and developed an engineering solution aiming for a quick restoration of the damaged edger housing to original dimensional tolerances. An accurate preliminary analysis, good organization and round the clock, on-site work during the shutdown phase, allowing the completion of the task 11 days ahead of schedule. The strategic points of the good job execution which led to JSW high appreciation were: Detailed study and condition analysis of the area prior to shut down Setting pre-condition and detailed activity schedule discussion Preparation of effective spindle lifting device and schemes to speed-up dismantling and erection processes Accurate execution plan with contingency to mitigate unplanned downtimes Precise machining of necessary equipment at Danieli quality workshop in Chennai Quick solving of unexpected issues rising from the unpredictable nature of revamping activity. Source - Strategic Research Institute
Tenaris to Reduce CO2 Intensity by 30% by 2030 Tenaris has announced a medium term plan to reduce its CO2 emissions intensity per ton of steel by 30% compared to its level in 2018 by 2030, considering scope 1, 2 and 3 emissions. Scope 1 and 2 include both direct and indirect emissions related to electricity consumption in Tenaris’s operations while upstream scope 3 emissions include those related to the raw materials used. The company will achieve this target by using a higher proportion of recycled steel scrap in the metallic mix, carrying out investments to increase energy efficiency and the use of renewable energy for part of its energy requirements. To accelerate the fulfilment of these targets, Tenaris will implement the use of an internal carbon price at a minimum of USD 80 per tonne for evaluating investments and more generally in our operations. Tenaris Vice Chairman Mr German Cura will oversee the development and implementation of the Company’s strategy for climate change going forward. This target forms part of a broader, long-term objective of reaching carbon neutrality. This will depend on the development of emerging technologies and market and regulatory conditions, including carbon pricing and customer support. To further this objective, Tenaris will actively pursue the development of technologies involving the use of hydrogen and carbon capture, with partners, including our affiliated company Tenova, and participate in pilot projects such as the one we recently announced to use hydrogen in our Dalmine steel shop in Italy. In addition to the improvements to its operations, Tenaris also has a product portfolio for low carbon energy, including products for hydrogen storage and transportation; geothermal applications; renewables including wind and solar plus CO2 abatement. Source - Strategic Research Institute
US Steel Imports in January 2021 Shrink by 23% YoY Based on preliminary Census Bureau data, the American Iron and Steel Institute reported that the US imported a total of 2,422,000 net tons of steel in January 2021, including 1,239,000 net tons of finished steel, down 23.1% and 24.8% respectively vs January 2020. Total and finished steel imports are up 62.2% and down 7.5%, respectively, vs. the prior month, December 2020. Finished steel import market share was an estimated 15% in January 2021. Key finished steel products with a significant import increase in January compared to December are reinforcing bars up 121%, heavy structural shapes up 115%, sheets and strip all other metallic coatings up 20%, structural pipe and tubing up 29% and mechanical tubing up 12%. In January, the largest volumes of finished steel imports from offshore were from South Korea 131,000 net tons down 41% from December final, Turkey 82,000 net tons up 498%, Japan 46,000 net tons down 17%, Brazil 42,000 net tons up 8% and United Arab Emirates 31,000 net tons up 152%. Source - Strategic Research Institute
APEAL Announces 2025 Vision for Recycling Association of European Producers of Steel for Packaging APEAL has announced its 2025 vision for recycling “Zero steel packaging to landfill” as part of Steel for Packaging Week, a virtual event designed to showcase steel as the model material for a 21st century circular economy. The 2025 Vision is set to be supported by action in four key areas, identified by the Association as critical in the drive to prevent steel packaging being diverted from recycling and wasted. APEAL Secretary General Mr Alexis Van Maercke said “The four key areas of action will include a focus on optimising separate waste collection, establishing a scrap quality standard, the collection and sorting of steel closures, and designing for recyclability.” He added “As APEAL’s recycling report published in 2018 illustrates, separate collection is the best way of guaranteeing high-quality input into recycling operations. It was therefore encouraging to see this highlighted in the Circular Economy Action Plan CEAP 2.0 report adopted by the European Parliament last 9th February. Establishing a scrap quality standard is equally important. Crucially, to maintain quality in the steel for packaging scrap value chain, quality control must start when the material is at the sorting facility. This can only be achieved by establishing a quality standard for packaging steel scrap.” Whilst an average of 82,5% of all steel packaging is currently recycled across Europe, the collection and sorting of steel closures in Europe is estimated to be below-average, with steel closures regularly put in the wrong waste bin (and often in the residual waste bin) by citizens. APEAL also believes designing for recyclability will underpin the successful implementation of all these measures, helping to ensure that every product placed on the market, can be recycled as efficiently as possible. A new APEAL report, ‘Why Steel recycles forever – How to collect, sort & recycle steel for packaging’, designed to help stakeholders throughout the value chain work collaboratively to achieve the 2025 Vision, is set to be published in December 2021. Source - Strategic Research Institute
Danieli Automation to Upgrade Processing Lines at MMK Russian PJSC Magnitogorsk Iron and Steel Works has contracted Danieli Automation for the automation upgrade of processing lines in operation in Magnitogorsk, in the Chelyabinsk Region of the Russian Federation. The galvanizing line was supplied by Danieli in 2007. The job consists of implementing new process control systems based on virtualized servers and new HMI application, and the new Ethernet network infrastructure for galvanizing, cut-to-length and color coating lines. Hardware and software will be substituted with modern solutions in order to improve reliability of the process control systems and to ease maintainability. Advisory services for erection and commissioning will be partially executed during plant production to reduce the remaining activities during plant shutdown. A similar job is being executed by Danieli Automation on MMK rolling mills Source - Strategic Research Institute
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DVRG
Ease2pay
Ebusco
Eckert-Ziegler
Econocom Group
Econosto
Edelmetalen
Ekopak
Elastic N.V.
Elia
Endemol
Energie
Energiekontor
Engie
Envipco
Erasmus Beursspel
Eriks
Esperite (voorheen Cryo Save)
EUR/USD
Eurobio
Eurocastle
Eurocommercial Properties
Euronav
Euronext
Euronext
Euronext.liffe Optiecompetitie
Europcar Mobility Group
Europlasma
EVC
EVS Broadcast Equipment
Exact
Exmar
Exor
Facebook
Fagron
Fastned
Fingerprint Cards AB
First Solar Inc
FlatexDeGiro
Floridienne
Flow Traders
Fluxys Belgium D
FNG (voorheen DICO International)
Fondsmanager Gezocht
ForFarmers
Fountain
Frans Maas
Franse aandelen
FuelCell Energy
Fugro
Futures
FX, Forex, foreign exchange market, valutamarkt
Galapagos
Gamma
Gaussin
GBL
Gemalto
General Electric
Genfit
Genmab
GeoJunxion
Getronics
Gilead Sciences
Gimv
Global Graphics
Goud
GrandVision
Great Panther Mining
Greenyard
Grolsch
Grondstoffen
Grontmij
Guru
Hagemeyer
HAL
Hamon Groep
Hedge funds: Haaien of helden?
Heijmans
Heineken
Hello Fresh
HES Beheer
Hitt
Holland Colours
Homburg Invest
Home Invest Belgium
Hoop Effektenbank, v.d.
Hunter Douglas
Hydratec Industries (v/h Nyloplast)
HyGear (NPEX effectenbeurs)
HYLORIS
Hypotheken
IBA
ICT Automatisering
Iep Invest (voorheen Punch International)
Ierse aandelen
IEX Group
IEX.nl Sparen
IMCD
Immo Moury
Immobel
Imtech
ING Groep
Innoconcepts
InPost
Insmed Incorporated (INSM)
IntegraGen
Intel
Intertrust
Intervest Offices & Warehouses
Intrasense
InVivo Therapeutics Holdings Corp (NVIV)
Isotis
JDE PEET'S
Jensen-Group
Jetix Europe
Johnson & Johnson
Just Eat Takeaway
Kardan
Kas Bank
KBC Ancora
KBC Groep
Kendrion
Keyware Technologies
Kiadis Pharma
Kinepolis Group
KKO International
Klépierre
KPN
KPNQwest
KUKA AG
La Jolla Pharmaceutical
Lavide Holding (voorheen Qurius)
LBC
LBI International
Leasinvest
Logica
Lotus Bakeries
Macintosh Retail Group
Majorel
Marel
Mastrad
Materialise NV
McGregor
MDxHealth
Mediq
Melexis
Merus Labs International
Merus NV
Microsoft
Miko
Mithra Pharmaceuticals
Montea
Moolen, van der
Mopoli
Morefield Group
Mota-Engil Africa
MotorK
Moury Construct
MTY Holdings (voorheen Alanheri)
Nationale Bank van België
Nationale Nederlanden
NBZ
Nedap
Nedfield
Nedschroef
Nedsense Enterpr
Nel ASA
Neoen SA
Neopost
Neovacs
NEPI Rockcastle
Netflix
New Sources Energy
Neways Electronics
NewTree
NexTech AR Solutions
NIBC
Nieuwe Steen Investments
Nintendo
Nokia
Nokia OYJ
Nokia Oyj
Novacyt
NOVO-NORDISK AS
NPEX
NR21
Numico
Nutreco
Nvidia
NWE Nederlandse AM Hypotheek Bank
NX Filtration
NXP Semiconductors NV
Nyrstar
Nyxoah
Océ
OCI
Octoplus
Oil States International
Onconova Therapeutics
Ontex
Onward Medical
Onxeo SA
OpenTV
OpGen
Opinies - Tilburg Trading Club
Opportunty Investment Management
Orange Belgium
Oranjewoud
Ordina Beheer
Oud ForFarmers
Oxurion (vh ThromboGenics)
P&O Nedlloyd
PAVmed
Payton Planar Magnetics
Perpetuals, Steepeners
Pershing Square Holdings Ltd
Personalized Nursing Services
Pfizer
Pharco
Pharming
Pharnext
Philips
Picanol
Pieris Pharmaceuticals
Plug Power
Politiek
Porceleyne Fles
Portugese aandelen
PostNL
Priority Telecom
Prologis Euro Prop
ProQR Therapeutics
PROSIEBENSAT.1 MEDIA SE
Prosus
Proximus
Qrf
Qualcomm
Quest For Growth
Rabobank Certificaat
Randstad
Range Beleggen
Recticel
Reed Elsevier
Reesink
Refresco Gerber
Reibel
Relief therapeutics
Renewi
Rente en valuta
Resilux
Retail Estates
RoodMicrotec
Roularta Media
Royal Bank Of Scotland
Royal Dutch Shell
RTL Group
RTL Group
S&P 500
Samas Groep
Sapec
SBM Offshore
Scandinavische (Noorse, Zweedse, Deense, Finse) aandelen
Schuitema
Seagull
Sequana Medical
Shurgard
Siemens Gamesa
Sif Holding
Signify
Simac
Sioen Industries
Sipef
Sligro Food Group
SMA Solar technology
Smartphoto Group
Smit Internationale
Snowworld
SNS Fundcoach Beleggingsfondsen Competitie
SNS Reaal
SNS Small & Midcap Competitie
Sofina
Softimat
Solocal Group
Solvac
Solvay
Sopheon
Spadel
Sparen voor later
Spectra7 Microsystems
Spotify
Spyker N.V.
Stellantis
Stellantis
Stern
Stork
Sucraf A en B
Sunrun
Super de Boer
SVK (Scheerders van Kerchove)
Syensqo
Systeem Trading
Taiwan Semiconductor Manufacturing Company (TSMC)
Technicolor
Tele Atlas
Telegraaf Media
Telenet Groep Holding
Tencent Holdings Ltd
Tesla Motors Inc.
Tessenderlo Group
Tetragon Financial Group
Teva Pharmaceutical Industries
Texaf
Theon International
TherapeuticsMD
Thunderbird Resorts
TIE
Tigenix
Tikkurila
TINC
TITAN CEMENT INTERNATIONAL
TKH Group
TMC
TNT Express
TomTom
Transocean
Trigano
Tubize
Turbo's
Twilio
UCB
Umicore
Unibail-Rodamco
Unifiedpost
Unilever
Unilever
uniQure
Unit 4 Agresso
Univar
Universal Music Group
USG People
Vallourec
Value8
Value8 Cum Pref
Van de Velde
Van Lanschot
Vastned
Vastned Retail Belgium
Vedior
VendexKBB
VEON
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Versatel
VESTAS WIND SYSTEMS
VGP
Via Net.Works
Viohalco
Vivendi
Vivoryon Therapeutics
VNU
VolkerWessels
Volkswagen
Volta Finance
Vonovia
Vopak
Warehouses
Wave Life Sciences Ltd
Wavin
WDP
Wegener
Weibo Corp
Wereldhave
Wereldhave Belgium
Wessanen
What's Cooking
Wolters Kluwer
X-FAB
Xebec
Xeikon
Xior
Yatra Capital Limited
Zalando
Zenitel
Zénobe Gramme
Ziggo
Zilver - Silver World Spot (USD)