Iron & Steel Review November 2011 Issue
Highlights of the Issue
Indian Scenario of flat and Long Products Steel
Steel demand growth slowing down
We all know that iron ore and coking coal are the two essential elements to produce steel. It the steady rise in iron ore and coking coal prices wasn't enough, the growth of steel demand is showing signs of slowdown as well.
Indian Scenario of Flat and Long Products Steel
Steel is fundamental for the growth of the nation. Over the
past few years, consumption has been primarily driven by the
continuous increase in infrastructure related investment, leading
to higher demand for steel. However, presently India's per capita
consumption is around 52 kg per capita compared to 427 kg for
China and a global average of approx. 203 kg . This reflects
a huge potential for increasing steel consumption in India in
various segments like defence, railways, transportation,
construction, automobiles, agriculture, heavy engineering, power
and energy, etc, essential for development of the nation.
TOPICS & TRENDS
Worldsteel announces WS 46 in India
In the light of the emerging importance of India and the
country being the next growth area of the steel industry, the
governing body of the Worldsteel Association representing 170
producers and accounting for 85% of world steel production,
has decided to hold World Steel 46 in India from 8th to 12th
SAIL Chairman presents 'Excellence
in sustainability reporting' Steelie
award of World Steel Association
Shri C.S. Verma, Chairman, Steel Authority of India Ltd.
(SAIL) presented the World Steel Association's 2011 Steelie
award for 'Excellence in Sustainability Reporting' to M/s
Rautaruukki of Finland on 13th October 2011 at Paris.
NMDC's Spectacular 2nd quarter performance
The un-audited financial results of the
2nd quarter of 2011-12 approved by the
Board of Directors of the company in its
meeting held on 31.10.2011 reveal
remarkable improvement in performance
of the company.
SAIL wins Dainik Bhaskar India Pride
Steel Authority of India Limited (SAIL) won the coveted
Gold Award at the 'Dainik Bhaskar India Pride Awards for
Excellence in PSUs' in New Delhi on October 21.
TRL Krosaki bags CAPEXIL Top Export Award for 2010-11
TRL Krosaki Refractories Limited (TRL Krosaki) has bagged
the coveted 'CAPEXIL - Top Export Award' for its excellent
export performance in the 'Ceramics & Allied Products including
Refractories' category for the year 2010-11. This is the first time
that company has received the 'Top Export Award' from
CAPEXIL, though it had received “Special Export Award”
continuously for the last twelve years.
SAIL in talks with Railways for new
projects in West Bengal
Steel Authority of India Ltd. (SAIL) Chairman Shri C. S.
Verma said that the public sector unit had commenced work in
new areas with the Railways and at least four projects were
being contemplated in West Bengal.
SAIL H1 sales turnover rises 10% to
Rs. 23878 crore
Despite challenging market conditions prevailing during
most of the current financial year, Steel Authority of India
Limited (SAIL) recorded a sales turnover of Rs. 23877.78 crore
during April-September (H1), as compared to Rs. 21,628 crore
in the corresponding period last year (CPLY), registering an
increase of 10.4% y-o-y.
NMDC observed Vigilance
Awareness Week 2011
In NMDC, the Valedictory function of the Vigilance
Awareness Week 2011 celebrations concluded with a grand
success. The programme was attended by Shri N. Vittal,
Former Central Vigilance Commissioner as Chief Guest,
Shri Rana Som, CMD, NMDC along with Directors and
Smt. Usha Chandrasekhar, CVO, NMDC.
Steel Secretary's vision for NMDC's
Shri P.K. Misra, Secretary, Ministry of Steel, Government
of India, visited NMDC and had brief discussions with Shri
Rana Som, CMD and Functional Directors about the progress
of the company.
IFGL Refractories Q2 with topline
growth, excellent operating margins
The Board of Directors of IFGL Refractories Ltd. (the
company) has approved following un-audited financial results
for three/six months ended on 30th September, 2011.
A world-leading roll manufacturer with quality as its core focus
With its roots in the world-famous rich Swedish traditions
of mining, Åkers, which began operations as early as 1580 and
started to manufacture rolls in the early 1800s, is not simply the
oldest manufacturer of rolls in the world, it is also the world
leader when it comes to manufacturing rolls for the global steel
and aluminium industry.
Akers Technical Seminar 2011, Mumbai
Åkers Group, world leading manufacturer of rolls for Rolling
Mills with manufacturing units in six countries, conducted a
Technical Seminar on Sept. 7, 2011 at Grand Hyatt, Mumbai
with an active participation from Arcum Engineering, our
partners in India. Åkers has a wide manufacturing range and
can manufacture rolls for most applications in hot and cold
Manufacturer and Updated Grades for Forged Work and Intermediate Rolls in Cold Rolling applications
Most of the work rolls and intermediate rolls used for cold
rolling are manufactured as forged steel. With this technology,
it is possible to obtain rolls which have a fine microstructure,
low inclusion content, excellent compactness as well as good
mechanical properties. These characteristics are essential to
withstand the rolling stresses whilst still guaranteeing a perfect
surface condition of the rolled strip.
Siemens increases productivity of
EAF of Çolakoglu by 12pct
At the beginning of August 2011, the Turkish steel producer
Çolakoglu Metalurji A.S. gave Siemens VAI Metals Technologies
the final acceptance certificate for the modernization of electric
arc furnace no. 1 in the Gebze Plant, just four days after the
Siemens introduces new quickexchange
pinch-roll cassette for hotstrip
Siemens VAI Metals Technologies now offers hot-strip mill
operators a new method for changing the pinch rolls in
Siemens continuous casting line for
ultra-thick slabs goes into operation
at voestalpine Stahl
The first two ladle heats were successfully cast on September,
20 in the new CC7 continuous casting line of voestalpine Stahl
GmbH. The casting line delivered by Siemens VAI is designed
to produce slabs with thicknesses of up to 355 millimeters at
widths of up to 2200 millimeters.
September 2011 world steel output
According to worldsteel's most recent production report,
crude steel production for the 64 countries was 124 million
metric tonnes (mmt) in September 2011, about 9.7 per cent
higher than September 2010.
Shanxi Zhongyang upgrades with 3
Siemens mini finishing mills
Chinese steel producer Shanxi Zhongyang Iron and Steel
Company Ltd. (ZISCO) contracted with Siemens VAI Metals
Technologies to add a high-speed mini finishing mill to each
of its three rod mills. The new mills will be located in a suburb
of Zhongyang County, Shanxi Province, China. These will
almost double the mills’ production speed. Commissioning is
expected in late 2012.
Outotec signs agreement with TISCO
joint venture in China
Finnish mining and metal manufacturing equipment provider
Outotec has agreed with Shanxi Taigang Wanbang Furnace
Charge Co. Ltd., a joint venture between Shanxi Jinzhong
Industrial Trading Co. Ltd. and the world's largest stainless steel
producer, Taiyuan Iron and Steel Co. Ltd. (referred to as TISCO),
on the design and delivery of a new ferrochrome plant based
on Outotec's proprietary technology to Jinzhong, China.
PT. Gunung orders slab caster from
PT. Gunung, Indonesia, has awarded SMS Siemag, Germany,
an order for the supply of a single-strand slab caster for operation
at its Bekasi works in the Indonesian province of West Java.
CII organised a Conference on Enchanting Consumption of Steel in Rural India
The confernce in Lucknow on 21st October 2011 was
attended by notable dignitaries including Mr. C.S. Verma,
Chairman-CII National Commitee on Steel and Chairman-
FACE TO FACE
Akers : Pacing forward as an efficient and advanced cast and forged rolls
Mr. Santosh Mahanti : How do you see your business prospects in India when the market is growing and major investments are taking place in the steel sector?
3tn: Successful start of Release 2.0 of
The latest software release, Release 2.0, of 3tn's Technical
Warehouse Management System TWMS/metals is becoming
increasingly established in the steel industry.
Stollberg introduces MouldScreen and new Flux
With MouldScreen, the Continuous Casting Fluxes Division
of the S&B Group is introducing a software programme for
modelling the properties of the flux film in the continuous
casting mould. The software identifies and visualizes critical
conditions in the mould that may lead to cracking, breakouts
and other quality problems and enables countermeasures to be
taken at an early stage.
MIDDLE EAST STEEL
Qatar's booming construction industry is voracious for basic
building materials. Qatar Steel is determined to keep up with
rising demand in the run towards the 2022 FIFA World Cup
through its expansion program.
Tailoring the improvement of automatic mould level
control to the specific need of each caster : review of
several return of experience with advanced sensing
and flow control techniques
The 2009 crisis period has created a new situation where existing
steel capacity exceeds significantly the demand and reduces the
need for large capacity investment projects. Therefore, upgrade
projects showing a significant potential of improvement are
boosted. Among upgrade projects, improving the global
performance of automatic mould level control remains of high
interest for most plants operating continuous casting machines
and aiming for good quality steel. With more than 40 years of
expertise developed in mould level control, SERT has become
a key actor that offers various upgrade possibilities, tailored to
the customer needs.
Iron Ore e-Auction: Cloud over Indian Steel Industry
- A Frost & Sullivan Perspective
The iron ore e-auction in Karnataka is expected to bring
down the profitability of steel/sponge iron companies in
Karnataka & nearby locations. Iron ore procurement through
e-auction is resulting in under utilization of their installed
capacities; as e-auction does not guarantees iron ore quality &
quantity procured. This scenario is expected to have a negative
impact on the total finished steel output in the medium term.
Ferro-Niobium Market Trend and
Niobium does not occur in nature as a pure metal and is
largely found in carbonatite deposits. The world’s largest
carbonatite deposit with exceptionally large reserves of rich
niobium (pyrochlore) ore is located in the Araxá district of Minas
Gerais, Brazil. This deposit is managed and operated by
Companhia Brasileira de Metalurgia e Mineração (CBMM) and
contains an average of 2.5% niobium-pentoxide (Nb2O5). The
ore body itself is circular in shape; approximately 4.5 km in
diameter and one of the characteristic features of the mine is a
wide weathered mantle, 1.8 km in diameter, which is highly
Section mills: solutions for achieving market leadership in cost and quality
By considering the total world Apparent Steel Use (ASU)
for Sections and Rails market consumption, it is evident that
the geographical distribution in terms of kTonnes/year is not
50-mps in cooling bed to enhance profitability in rebar production
One of the main goals in modern bar mills is to obtain a
high-production rate for the smaller bar and rebar size range
that, depending on the market demand, normally has the major
share in the product mix of the rolling mill plant. Reaching this
goal means exploiting fully of the reheating furnace capacity
also for the smaller round bar sizes, resulting in a very balanced
production of the mill and enhancing the very best
Selection of refractories for high efficiency "DRI" process
DRI/sponge iron is being produced in increased quantities
in numerous countries around the world. The largest producer
of DRI is India and maintained the position of global leader by
producing 20.7 million tonnnes DRI in 2009 and 20.6 million
tonnes in 2010, down a mere 0.5% as compared to 2009.
According to some sources, the production of DRI in
India till October 2011 stood approximately 20.4 million
Global Raw MAterial Industry for Iron and Steelmaking: hoping to witness a fresh beginning
The global raw material industry for the fabrication of iron
and steel is passing through a rough path. Not only raw materials
such as iron ore, metallurgical coal and ferrous scrap came under
pressure, the industry witnessed a 16 per cent price dip in iron
ore in October 2011.