VIEWPOINT
India presents extremely positive picture, register high growth following rising steel demand
World economy have experienced extraordinary positive phase with average GDP growth of approx. 5% in the last five years, the best in the last 30 years. Steel production in 2004 and consumption in 2005 have crossed the one billion ton mark. It is forecast by IISI that world consumption of steel will increase by 9% in 2006 and 5% in 2007. It is further forecast that steel demand will increase by 4.9% in period up to 2010 and by 4.2% from 2011 to 2015. It is heartening to note that India is likely to overtake China in growth of steel demand in 2011 to 2015 period. The world steel trade has gone up to 350 million ton and is likely to cross the 400 million ton mark by 2007.
AUTOMATION
FLS Provides equipment, systems and services for cement and mineral industries globally
FLSmidth Automation (FLSA) is part of the Danish company FLSmidth (FLS). FLS is the world’s leading supplier of
machinery and services to the cement industry and a major supplier of machinery and services to the mineral and mining industries.
COMPANY PROFILE
SAIL fortifying ‘today’ to work up a steely ‘tomorrow’
In a recent study, the International Iron and Steel Institute (IISI) revealed that India’s demand for steel is likely to reach 160
to 180 million tonnes (MT) by 2020.“To contribute to the growth of the Indian steel sector and maintain its leadership position in
the domestic steel market” Steel Authority of India Limited (SAIL) has been working arduously on a blueprint of growth beyond 2010,
by which the company foresees to reach a milestone by enhancing its annual hot metal production to over 26 MT through modernisation
and expansion programmes being undertaken in all of its five integrated steel plants.
GLOBAL STEEL SCENARIO
China’s steel product exports are no threat to global market balance
Nasdaq STLD continues to expect to report second quarter earnings in the range of US$0.95 to US$1.00 per diluted share, as initially stated in its April news release. In its guidance, the company noted that second quarter estimates take into consideration, and have been reduced by, an estimated US$.08 per share to reflect second quarter costs related to the redemption of US$300 million of 9-1/2% Senior Unsecured Notes due 2009 that were replaced by US$500 million of 6-3/4% Senior Notes due 2015.
Stainless steel producers to actively promote nickel free grades
The global stainless steel scene is changing rapidly. Customer backlash against the rising cost of nickel has been taken on board by the producers. Mills are now taking seriously market demand for low or non nickel grades.
GLOBAL STAINLESS STEEL output to rise 5.1% in 2007 led by China - ISSF
The International Stainless Steel Forum (ISSF) said it expects global stainless crude steel production in 2007 to rise 5.1% to a record 29.8 mt as Chinese output growth continues to outpace the rest of the world’s. ISSF said the forecast growth rate, which is almost nearly equal the long term average, takes into account the very high level of supply in many countries during 2006 and caused a significant build up of stainless steel stock at service centers and fabricators. In 2006 actual global stainless steel production increased 16.7% to 28.4 mt compared to 2005, following a 1.1% downturn in 2005 from the year before.
IN FOCUS
India's Bauxite ore outturn set to zoom 30% by 2010
India, a natural cornucopia of industrial minerals that has played functional in catapulting the nation as the next 'Big Thing' in the world primary metal sector, is going to endow the global aluminium industry with yet another significant accession. The production of bauxite - a key ingredient in aluminium manufacturing, which finds a recoverable reserve of 2.3 billion tonnes in the country with production estimating about 12.3 million tonnes (mt) per year, is expected to increase 30% in coming three years taking the ouput capacity to a substantial 16 Mt per year by 2010.
IRON ORE
Iron Ore for steel industry - the issues involved
India is the fifth largest iron ore producing country in the world at 172 million tonnes of production in 2006-2007. Five States in the country : Orissa, Jharkhand, Chattisgarh, Karnataka and Goa account for 97% of the country’s total iron ore production. Iron ore quality varies according to its Fe (iron content), on an average iron ore in India has high Fe content, about 60% of the total production being of +62% Fe grade. The main characteristic of ore is that higher the Fe content, more is the proportion of lumps compared to fines. The iron and steel industry accounts for 98% of the total iron ore consumed in the country.
METAL INDUSTRY
India on the way to emerge net copper importer by 2012
Indian copper industry is all set to make a bang-on inflexion. After undergoing a drastic transformation since the late –1990s,
from an import sensitive sector to a potential exporter of todayit’s time again to go for another radical change. Sweeping changes
are already evident in this industry, which is shedding its traditional complacency in favour of aggressive growth and heading towards the target of emerging a net importer of the red metal by as early as 2012 (terminal year of XI Five Year Plan).
RAW MATERIAL
Economical and ecological benefits of optimized mining and beneficiation systems
Iron ore mining in India has been characterized in the past by methods developed for high grade deposits and relatively small outputs of upto 2 Mt per year, i.e. selective mining of high grade material and simultaneous dumping of low grades and fines.
STEEL TECHNOLOGY
Computer Supported Calculation and Evaluation of the Correct Composition of BOF Converter Slag
An optimal and constant production process in a BOF shop is only possible by controlling the metallurgical process within close limits. The complex relation between the addition of slag formers and the steel quality is governed by well–established metallurgical equations, necessitating usage of computers to achieve the optimal result in real–time. This optimization is especially important with regard to the constantly increasing demands on the final steel quality. Depending on the quality of the input materials and the lance blowing practice, this is very often a difficult task to achieve. Especially in cases when low phosphorous and low sulphur contents have to be finally achieved in steel, the importance of the correct slag composition often receives insufficient consideration.
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