Steel Times International
WEBA recent report by Indian ratings agency CRISIL has revealed that Indian production of direct reduced iron (DRI), also known as sponge iron, achieved a compound annual growth rate (CAGR) of 8% to 51.5Mt in 2024 from 34.7Mt in 2019, outpacing the 5% growth in crude steel output.
ABB announces new projects with SSAB Borlänge - Steel Times …
WEBAug 20, 2024 · The decision to modernize Borlänge, which was established in 1878, will secure its production stability, drive efficiencies and finance SSAB’s goal of transitioning to fossil-free steel production, ABB claims. Its continued operation is essential to facilitate the construction of a new SEK 50 billion fossil-free steel mill in Luleå, Sweden.
Gerdau investing in Monroe, Michigan steel mill
WEBPublished 25th May, 2018 by Matthew Moggridge. Gerdau Special Steel North America is launching an additional $70.3 million investment project at it’s Monroe mill in Michigan, three years after completing a $155.6 million capital investment at the same facility. With its latest investment, the plan is to add a new electric arc furnace (EAF ...
Jindal opens nickel pig iron smelter in Indonesia
WEBAug 15, 2024 · Indian steelmaker Jindal Stainless, India’s largest stainless steel manufacturer, has announced the commissioning of its Nickel Pig Iron smelter facility located in an industrial park in the Halmahera Islands in Indonesia – eight months ahead of the schedule. Through its joint venture with New Yaking Pte. …
WEBAccording to the International Monetary Fund (IMF) the Iranian economy will expand 4.3% this year, with growth around 4% over the next two years. Iran’s imports are set to expand 18% in 2016, 14% in 2017 and 7% in 2018. The big question on many analysts’ lips, however, is whether current oversupply issues will be exacerbated by Iran’s ...
Swedish Mining & Metalworking – Past & Present
WEBNov 16, 2011 · Swedish Mining & Metalworking – Past & Present published by Norstedts in cooperation with Jernkontoret 2011. Price SEK280 (approx £26) + P&P from Jernkontoret. English Language ISBN 978-91-87769-58-0. Swedish Language ISBN 978-91-87769-58-7. e-mail [email protected] or web www.jernkontoret.se (click on …
ArcelorMittal Calvert to build electrical steel facility in Alabama
WEBApr 25, 2024 · ArcelorMittal Calvert, wholly owned by ArcelorMittal, is planning to construct an advanced manufacturing facility in Calvert, Alabama, that could deliver 150kt of domestic production capacity of non-grain-oriented electrical steel (NOES) annually. In support of this clean energy project, ArcelorMittal Calvert has been awarded $280.5 million in ...
WEBIron content. *Raw Materials & Ironmaking Global Consulting, USA Tel 1 610 974-9553 e-mail [email protected]. Fig 1 Major iron ore producing countries 1990-2008 (Mt) Fig 2 Leading iron ore importing countries 1986 – 2008 (Mt) Steel Times International – July/August 2010. Fig 3 Cost of Chinese iron ore production Source SBB.
Fortescue breaks ground on green hydrogen project
WEBPublished 20th August, 2024 by Catherine Hill. Fortescue's battery electric haul truck prototype at the Green Energy Hub/ Image credit: Fortescue. Global mining company Fortescue has broken ground at its Green Metal Project in the Pilbara region of Western Australia, marking a ‘new milestone’ in its mission to build a green metal supply chain.
WEBThe BIR Report gives no credit for the hot charging of DRI which is increasingly being practiced and results in a power saving of approximately 20kWh/t at the EAF for each 100°C rise in charging temperature. Since a hot charging temperature in the order of 600°C is possible, a power saving of 120kWh/t is achievable.