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steel market Europe 03.2014
steel market Europe 02.2014
steel market Europe 01.2014
Italian-based I.R.O. S.p.A., Odolo, Province of Brescia, has given a final approval and sign off to Tenova Goodfellow Inc., a Canadian branch of Tenova, for meeting performance targets with the recently implemented iEAF system. Trials were conducted earlier this year in April and May and resulted in the recent evaluation and approval of savings by the customer.
Bold and innovative solutions using the full potential of high-strength steels characterize this year’s four finalists for the Swedish Steel Prize. The winner will be announced at a ceremony in Stockholm on November 19. “This year, the 17th consecutive year of the prize, we received a total of 77 applications from 28 countries. The aim of the prize is to reward innovative and creative products and solutions. All the steel applications are highly competitive internationally. It is great to see inspiring new solutions where high-strength steel is a prerequisite. Also many familiar products have been redesigned for higher performance, which shows that innovative engineers always can find room for improvement. The broad spectrum and high standard of applications show, that this prize plays an important role in the industry”, says jury chairman Gregoire Parenty, SSAB’s Executive Vice President and Head of Market Development.
A pending European Commission decision on ‘Minimum Import Prices’ (MIPs) for Grain Oriented Electrical Steel (GOES) would safeguard a vital strategic subsector of the steel industry and preserve the competitiveness of the European electrical transformer business.
“The European Commission found evidence of severe dumping of GOES on the EU market. This severe dumping has resulted in significant losses for EU producers, and has damagingly undermined the EU’s GOES-transformer value chain. Given the seriousness of the dumping – up to 40 % below the cost of production – proportionate and definitive measures are necessary to enforce the EU’s trade defence rules,” said EUROFER Director General Axel Eggert.
Transformer companies who relied on sourcing dumped products at the expense of the value chain are those that continue to oppose the imposition of appropriate and balanced measures.
The European Commission has calculated a MIP price of around €2050 per tonne for this product group. Given that the price of premium-grade electrical steel is now above the € 2300 per tonne it was in July 2010, it is clear that the proposed MIP measures would still permit duty-free access to foreign-produced GOES. This would mitigate fears of shortages for the transformer sector.
“The European steel industry holds that the Commission’s final proposal is a fair compromise that reasonably balances producer and user interests,” concluded Mr Eggert.
The DNB A office building in Oslo has won the prestigious European Steel Design 2015 award. The award was made at the ECCS Steel Design Awards Ceremony in Istanbul on September 15. Ruukki designed, manufactured and installed the building’s steel frame. “We are both proud and happy about the tribute we have received. Excellent close teamwork between the architects, engineers, steel construction contractor, building management and the development company led to our receiving this award,” declared project manager, Øystein Olav Ylvisåker at development company Oslo S Utvikling AS.
The steel industry welcomes the new Sustainable Development Goals (SDGs) and reaffirms its commitment to shaping a better future for our planet. As the new agenda commits every country to take action to pursue a sustainable future, worldsteel members and associations also commit to taking action towards building a sustainable future for our industry and for the wider world.
The World Steel Association (worldsteel) has announced the nominees for its 6th Steelie Awards. The winners will be revealed at the annual dinner of the 49th worldsteel conference in Chicago on 12 October. The trophies, known as Steelies, are awarded in seven categories. The categories and nominations are as follows.
Nucor Corporation announced that Nucor-Yamato Steel Company (NYS), a joint venture between Nucor and Yamato Kogyo Co. Ltd, is installing a $75 million Quench and Self-Tempering process to be utilized on its 1.4 million t of Mill 2 rolling capacity. Nucor Chairman, CEO and President John Ferriola was joined by Arkansas Governor Asa Hutchinson to make the announcement at the Nucor-Yamato Steel mill in Blytheville, Arkansas. The project is expected to be commissioned during the second half of 2016.
World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 132 million t (Mt) in August 2015, a -3.0% decrease compared to August 2014. China’s crude steel production for August 2015 was 66.9 Mt, down by -3.5% compared to August 2014. Japan produced 8.8 Mt of crude steel in August 2015, a decrease of -5.8% compared to August 2014. In the EU, Germany produced 3.4 Mt of crude steel in August 2015, an increase of 10.7% compared to August 2014. France’s production for August 2015 was 1.0 Mt, a decrease of -1.5% compared to the same month in 2014. Italy produced 1.0 Mt of crude steel in August 2015, up by 1.3% on August 2014.
voestalpine Precision Strip mill in Munkfors, Sweden, has ordered a third Shapeline 500 flatness measurement system for one of their hardening lines. The new Shapeline system supplied to Munkfors will also be the tenth Shapeline system to be supplied to the voestalpine Precision Strip globally over the years. The main application for the Shapeline 500 flatness measurement system at Munkfors will be to optimize process and quality for primarily valve steel. The system will for this specific purpose be equipped with Shapeline’s unique double-line laser projector.
Shapeline has installed and commissioned two steel plate flatness measurement systems to Posco’s high-performance plate line #3. The gauges are used for quality assurance to verify that all plates leaving the factory fulfil Posco’s internal demands as well as industry standards. The measurement data is also used for feedback upstream to improve the production.
In March 2015, following a decision of the Government of Italy, ILVA had to shut down No. 5 Blast Furnace, the largest one at Taranto works. The plant shall be upgraded by EU-defined Best Available Technologies in order to match latest environmental standards. As a result of the bidding process, the Paul Wurth group has been awarded several packages for engineering, supply and installation of technologies which will make up a state-of-the-art ironmaking facility.
SSAB and the labor unions have concluded negotiations regarding the organization at the production units in Borlänge and Virsbo, Sweden. The staffing plans that have now been completed provide for a total of approximately 270 fewer jobs. In Borlänge, most of the redundancies will take place according to the security and flexibility (flexicurity) agreement.
Outotec has been selected for the third consecutive year to the Dow Jones Sustainability Europe Index for 2015-2016. The DJSI follows a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics. "Inclusion in the Dow Jones Sustainability Index makes us very proud of the work we have done. It means that we have been able to demonstrate our commitment to our mission: the sustainable use of Earth's natural resources. I am extremely pleased that we also managed to improve our score from last year, showing spirit of continuous improvement", says Minna Aila, SVP, Marketing, Communications and Corporate Responsibility.
The Swedish Steel Prize was established by SSAB in 1999 to recognize and reward creative, innovative products or solutions that utilize high-strength steel. For SSAB it is a way to inspire and disseminate knowledge about high-strength steel and how it can be used to develop stronger, lighter and more sustainable products. No less than 77 companies have submitted applications for the competition. This is a higher figure than for many years. Both the quality and the scope of applications were of a very good standard. The increased number of applications shows that the prize plays an important role for customers around the world and in the industry.
The Price Supervision and Anti-Monopoly Bureau of the National Development and Reform Commission of the P.R. China (NDRC) has closed its investigations of Outotec's market position regarding the Flash Smelting and Flash Converting technologies in China. Outotec has been cooperating with NDRC during the investigation and has provided all the necessary information to NDRC. Outotec has undertaken to adapt modifications required by Chinese anti-monopoly laws into Outotec's license agreements in China. Outotec will continue its Flash Smelting and Flash Converting technology business in China. The closing of NDRC's investigation has no impact on Outotec's financial guidance for 2015.