 |
OUR PUBLICATIONS
IRON & STEEL REVIEW
A Global Publication on Steel & Heavy Engineering
Highlights:
India poised to make it big
Read more
METAL ASIA
A Complete Metal Magazine
Highlights:
Chinese Aluminium industry on a prosperous journey
Read more
CASTING TECHNOLOGY
Application of numerical modelling in SSM automotive brake calliper castings
Read more
STEEL, METALS & MINERALS INTERNATIONAL
Steelmaking raw materials - the recent trends
Read more
|
|
 |
|
READING REDEFINED ...
 |
IRON & STEEL REVIEW
February 2008

Indian refractories heading for a better time |
VIEWPOINT
Indian refractories heading for a better time
The recently concluded International Refractories Congress (Irefcon) 2008 in Kolkata had a definite fall out in the notion that the refractories industry in India has got a face lift in the last couple of years due to the booming steel industry in the country – both in terms of adopting newer technologies for better product development in a more economical way and investments inflows in India. Not only the big Indian players like Tata Refractories, Ace Refractories, IFGL, OCL, Vesuvius etc. came in a
big way; the smaller players also had a good time in their respective business areas. Even the foreign players like Eirich, Laeis, Almatis, Elkem paid more attention to the country in recent times in terms of collaborations and marketing efforts in the country. The current trend is indicative to the fact that the present scenario will continue for some more years in the future.
COMPANY NEWS
GPI on growth path
Gontermann-Peipers (India) Limited (GPI), a leading engineering company manufacturing high precision Rolls for Hot Rolling Mills, Cold Rolling Mills and Capital Goods industry, has reported an increase of 9% increase in Net Profit at Rs 391.33 Lacs for third quarter ended 31st December, 2007 as against Rs 358.54 Lacs for the corresponding period of the last year.
Arcelormittal reports record full year and fourth Quarter 2007 results
“2007 has been a truly excellent year for ArcelorMittal. We are announcing today record earnings with EBITDA of $19.4 billion, some 27% higher than pro forma 2006 results, and strong cash flow from operations. This reflects the strength of the ArcelorMittal business model, which enables us to benefit from a healthy global demand for steel in both the highquality
developed and fast-growth developing economies.
Russula Engineering opens office in Bhubanewswar, Orissa
Russula, a Spanish company that specializes in engineering and automation solutions for the steel industry, has just opened a new office in Bhubaneswar, the capital of Orissa. The Bhubaneswar facility will be the 6th foreign office opened by Russula which has its headquarters in La Coruńa, Spain. Other facilities include commercial and technical offices in Spain, United States, Brazil and Argentina as well as representative offices in Hong Kong and Mexico.
Tata Ryerson flying high boasting on prospective small car sector in the country
Headquartered in Kolkata, Tata Ryerson sophisticated processing facilities at Jamshedpur, Faridabad & Pune are handling over 1 million tonnes of flat steel products in a year, which makes it the largest steel service centre in India and one of the largest in Asia. Tata Ryerson has grown to become the largest player in this industry segment in India. It was set up in 1997
as a joint venture company promoted by Tata Steel and Ryerson Inc. of the USA.
FOCUS
Tata Steel’s joint venture in the Sultanate of Oman For Uyun limestone
Tata Steel Limited and the members of the Al Bahja Group, a leading business house of Oman have entered into a Joint Venture Agreement (JVA) for the development of the Uyun Limestone deposits at Salalah in the Sultanate of Oman.
World crude steel output increases by 7.5% in 2007
The International Iron and Steel Institute (IISI) has announced that world crude steel output reached 1,343.5 million metric tons for the year 2007. This is an increase of 7.5% on 2006. The total represents the highest level of crude steel output in history and it is the fifth consecutive year that world crude steel production grew by more than 7%.
Consolidated Financial Results for the Quarter / Six Months ended on 30th September 2007
Tata Steel published stand alone audited financial results for the six months ended 30th September 2007 on 26th October 2007. The enclosed consolidated financial results of the Company for the six months ended 30th September, 2007 were reviewed by the auditors and approved by the Board of Directors of the Company.
SAIL Rs. 11,262 Crore expansion plan will bring state of the art technology in 50 year old steel plant & add new products Union Steel Minister flags off SAIL flagship Bhilai's Expansion Programme to 7 MT
The Hon'ble Union Minister for Chemicals & Fertilisers and Steel, Shri Ram Vilas Paswan inaugurated the Rs 11,262 crore expansion programme for Steel Authority of India Ltd's flagship steel plant, Bhilai on 9th Feb '08. Nearly two decades after its last expansion to 4 MT which brought with it the Plate Mill as the country's only mill producing wide and heavy steel plates, Bhilai today entered the third phase of expansion in capacities - one that will strengthen its steel-making capabilities and introduce new products into its basket.
SAIL Q3 net profit grows 32% to a record Rs1935 crore
Steel Authority of India Limited (SAIL) achieved a record third-quarter net profit (after tax) of Rs1,935 crore in October-December 2007. This was 32% higher than the net profit of Rs1,471 crore achieved during the corresponding period last year (CPLY). With the company's sales turnover increasing by 11.4% over CPLY to Rs10,756 crore in Q3 of 2007-08, SAIL's profit before tax (PBT) at Rs2,922 crore was also the highest achieved in any third quarter, rising 31% over Rs2,234 crore in CPLY. The unaudited financial results of the company were taken on record by the SAIL Board of Directors at a meeting held here this morning.
INTERVIEW
Visa Steel geared up to become an 8MTPA steel entity in the near future
Chairman V. Saran of Visa Steel is confident of the current conditions of the industry and markets in India to be favourable of his company’s growth, while expressing his views to Iron & Steel Review in a recent interview with the editor.
REFRACTORY
Some general observations on refractories for ironmaking and steelmaking
Global refractory production today is 20-22 mill. Expected to grow to 41 mill by 2010.
More than 50% of the global demand of 22 mill. Is catered by a few players RHI, Cookson, Saint Gobain and Calderys.
Most global players are supplying from China to reduce costs. Exports from China, presently attract around 12% export incentives. With huge resources of low ash coal, magnesite, bauxite and other strategic items. China is/will control the world market. Total refractory production in India is 1.08 Mt at present; about 20% of it is sourced from China, i.e., around 0.3 Mt. Imports from China alone constituted Rs.274 Cr (12% of the domestic sales).
SPECIAL FEATURE
lsenburg heavy-plate mill: Modernisation of the mill stand area and of the hot-plate leveller
Given the ever stricter requirements from heavy-plate customers for closer tolerances and improved flatness and
in view of the results of in-house analyses, Ilsenburger Grobblech GmbH (ILG) decided to undertake a comprehensive modernisation of their mill stand area. In addition, the analyses made on the hot-plate leveller indicated flatness problems in terms of centre buckles and wavy edges. These results plus overloading of the mill owing to the wide range of products also necessitated a
modernisation of the hot-plate leveller. Both units were modified as part of a summer shutdown.
STEEL INTERNATIONAL
Order from Vietnam: Siemens to Supply Equipment for New Bar Mill of the Thep Viet Steel Corporation
Siemens Metals Technologies has received an order from Thep Viet Steel Co. Ltd. of Vietnam to equip a new bar mill
at the company’s Ba Ria facility. The project includes supply of the mechanical components as well as the electrical and automation systems. The volume of the order is in the two digit million euro range. The new bar mill is scheduled to start production in the middle of 2009.
Siemens to Modernize Severstal Billet Caster in Russia – High-Speed Casting Demonstration on Test Strand Basis for Order
The Russian steel producer Severstal awarded Siemens Metals Technologies a contract for the upgrading of their
6-strand billet caster located in Cherepovets, Russia. This order was received following casting trials where billet speeds exceeding seven meters per minute could be demonstrated on a test strand equipped with a Siemens DynaFlex Oscillator.
Billet Casting at Severstal, Cherepovets, Russia
As part of a test campaign, Siemens replaced the existing electro-mechanical mold oscillator with a DynaFlex hydraulic oscillator on one of the strands, adapted the strand-containment system and modified the secondary-cooling system in order
to demonstrate high-speed casting operations.
Baosteel and Danieli: continuous successful cooperation in quality slab caster projects
Pudhong I&S Co. Ltd., part of Baosteel Group, will install a new Danieli Davy Distington slab caster in its LuoJin plant.
Danieli and Inteco join forces to provide top-quality RH degassing technology
RH vacuum degassing technology is available from a very strong and flexible team! Danieli and Inteco join their efforts by entering into a longterm relationship for the marketing of RH equipment in order to increase the sales revenue and/or product range, and to share customer service, resulting in a wider share of the RH equipment market.
Increase the Safety of People and Processes
As one of the leading manufacturers of custom-made equipment for casting preparation, casting platform automation and foundry technology in continuous casting facilities, Reinguss will present a large variety of products for casting preparation such as concreting and spray machines and spray manipulators.
STEEL TECHNOLOGY
Rethinking required in High Fuel cost era on need of Burners and Combustion system for the reheat furnaces for small and Medium Rolling mills using Lean fuels (PG/BFG) & Rich Fuels (Heavy Oil or NG) in Combination Firing
The fuel costs are rising at much faster rate at this moment and it’s already at peak and threatening to break records in near future.
Though coal costs are also rising still use of Producer gas as Industrial fuel is becoming very popular in coal belt of India.
Solution for engineering Technology in Cold Rolling Operations for Ferrous & Non ferrous
Industries With a Joint Venture of Spain & India.
Our company has been founded with the purpose of making available to the Indian market, a complete range of heavy duty machinery for the metal working industry and a wide range of technological services that up to now have been available only through purchases and imports from overseas markets.
Developments in Stream Degassing Technologies for liquid steel
Stream degassing is one of the oldest forms of vacuum degassing liquid steel that was first developed in 1952 by Bochumer Verin in Germany and continues to remain as one of the least expensive vacuum degassing systems. The process involves exposure of molten steel to vacuum in the form of metal stream poured from one ladle to another or the mould with stream breaking up in the vacuum chamber as fine dispersed droplets providing highly efficient degassing. It has evolved as the most effective process for hydrogen removal. However, it suffers from temperature loss and ineffectiveness in removal of other gases.
On the mapping of industrial steel production processes to the laboratory scale, illustrated on the basis of a pilot rolling mill
Laboratory-scale“ counterparts of the industrial steel production lines, so-called experimental simulators, qualify as acutely valuable instruments for cost- and time-efficient research on new steel grades and the development and parametrization of advanced process technologies.
Modernization of High Speed Rod Mills to Achieve Increased Productivity, Mill Utilization
and Thermomechanical Processing
Since 1888, Morgan Construction Company has brought most of the technological innovations to the modern rod mill industry. These developments include: the Stelmor® Controlled Cooling system and the No-Twist® Mill in the 1960’s; the Vee No-Twist® Mill and new Stelmor® developments in the 1980’s; mini-block technology, high speed laying head, coil reforming developments, and the Morgan Reducing/Sizing Mill in the 1990’s. These and other advances in equipment and process design can be intelligently applied
to new and existing rod and bar mills to benefit the mill operation and product quality.
Improved wire rod properties resulting from controlled Cooling In modern water box and Stelmor® Conveyor Cooling Systems
Over the last several decades, the wire rod industry has experienced tremendous changes in the rate of production of rod as well as in the quality of rod that is capable of being produced. Mechanical equipment innovations such as the No-Twist® Mill in the 1960’s; the Vee No-Twist® Mill in the 1980’s, mini-block technology, the high speed laying head, coil reforming developments and the Reducing/Sizing Mill in the 1990’s have all contributed to the increase of finishing speeds in modern mills to over 115 m/s with associated increases in production capability.
Read More...
|
|
 |