In its legal assessment, the Montan-Stiftung-Saar trust proposes systematic and legally secure ways to control the costs of transforming the steel industry to produce green steel. The report recommends the use of contracts for difference (CFDs) to provide the long-demanded binding framework for investment in production infrastructure.
Tata Steel UK renews confidence in Danieli Automation
Tata Steel UK has awarded Danieli Automation with the revamping of the continuous annealing processing line at Trostre works, South Wales.
Production capacity of high-strength metal sheeting increases by 650,000 metric tons per annum
Recently, HBIS Tangshan Iron and Steel Group Co. Ltd. (HBIS Tangsteel), a Chinese steel producer, has awarded Primetals Technologies with the final acceptance certificate for two continuous galvanizing lines (CGL) installed as part of the expansion of cold rolling mill no. 2 at its Tangshan plant in Hebei Province.
The new order, to be carried out by Danieli Service, will improve overall performances.
Scaw Metals Group, one of the major steel producers in South Africa, recently awarded Danieli Service with a new contract for a main revamping of the wirerod line in Johannesburg, in operation since 1997.
Geomet s.r.o., a Joint Venture between Australian mineral exploration and development company European Metals (Frankfurt: E861; ASX:EMH; AIM:EMH) and Czech energy giant CEZ (PSE:CEZ; WSE:CEZ), has appointed SMS group as the lead engineer for the minerals processing and lithium battery-grade chemicals production at the Cinovec project in Czech Republic.
TNG Limited and SMS group bank on turquoise hydrogen (H2) produced from methane for carbon-neutral pre-reduction of titanomagnetite ores.
Australian mining corporation TNG Limited, based in Perth, Australia, and SMS group plan to implement a process enabling the production of CO2-neutral hydrogen as they are developing the Mt. Peake titanium/vanadium/iron project in the Northern Territory, Australia. The thus produced turquoise hydrogen will be used as reducing agent to make the production of titanium/vanadium and iron from fine-grained titanomagnetite concentrate carbon-neutral.
JFE upgrades Japanese large-diameter pipe mill with welding technology from SMS group.
JFE Steel Corporation has produced the first pipe at its Fukuyama works in Japan after the successful revamp of its submerged arc welding (SAW) stands by SMS group (www.sms-group.com). The revamp included five-wire submerged arc welding heads, digital inverter welding current sources (PERFECT arc®), and a measured data recording, monitoring and evaluating system.
Al Ezz Dekheila Steel Company (EZDK) based in Alexandria, Egypt, has concluded a full-service contact with SMS group (www.smsgroup.com) for its CSP® plant (Compact Strip Production). The service contract covers the X-Pact® electrical and automation systems as well as the mechanical equipment, hydraulic systems and process technology. For EZDK, this ensures permanent support and assistance for the complete CSP® plant.
Outokumpu has selected SMS group to supply an atomization plant for the production of high-quality stainless steel powder used in additive manufacturing. This is the first ever facility SMS group is going to supply under a Subscription contract. While this agreement is new territory for both companies, it will pave the way for a long-term cooperation between the two partners.
The aim of the project is to increase the furnace throughput up to 160 t/h of hot-rolled coil, to upgrade the combustion system and the after-pot cooling tower equipment, complying with the latest safety requirements.
OMK (United Metallurgical Company) has contracted Danieli Centro Met to supply a new EAF meltshop and seven-strand bloom caster, to be installed at Vyksa (Russian Federation) and produce up to 1.8 Mtpy of steel, of which 800,000 tons will be cast in blooms for pipes, railroad wheels and springs.