Published by
July/August 2010
The July/August edition of STI includes features on Processing and Handling.
The processing features include an investigation of Tangshan Fengnan CM Galvanizing Co's continuous cold rolling mill and an exploration of Tenova’s new generation of electrolytic tinning lines.
The issue also includes a report from Siemens VAI'sconference in Germany recently, where the company predicted a surge in demand from Asia. It also includes conference reports from AISTech in the USA and the lABr conference in South America.
Regular updates from USA, Latin America, China are also included.
Front cover image courtesy of Endress+Hauser
Recent News
Chilean steelmaker approves iron ore projects
Chilean steelmaker CAP has approved two iron ore mine projects in which it will invest an estimated $916.5M, reports Reuters.
Jindal plans Zimbabwe bid
Jindal Steel & Power Ltd, India’s second-largest steelmaker, plans a new bid for a majority stake in Zimbabwe Iron & Steel reports Bloomberg.
Upgrade to nesting and hole cutting software
A number of new developments are present in Hypertherm’s latest version of its intermediate level CAM nesting and process optimisation software, ‘TurboNest2010’ which have increased its power and capability. Some notable improvements include:
Baosteel to report lower profit?
Baoshan Iron & Steel Co (Baoshan Steel), China's largest publicly traded steelmaker, may report its lowest profit in the past five quarters as demand slows and high prices of raw materials erode margins.
Recent Features
Steel storage tower reduces footprint by 66%
THE largest manufacturer of mechanical seals in the UK, Aesseal, has installed an automated, double tower system at its Rotherham factory to store stainless steel and superalloy bar, tube and billet in a compact footprint.
US and global mining conferences
The costs of raw materials has increased once again after showing a downward blip during the financial crisis of 2009, to the extent that steelmakers are seeking self sufficiency through joint ventures with mining companies.
Meanwhile ore supplies are pressing to move to quarterly rather than annual contract pricing. A report by J J Poveromo*
Stemcor looks to bounce back after challenging year
In the words of its executive chairman, steel trader Stemcor endured an annus horribilis in 2009 as it felt the full brunt of the financial crisis and the subsequent drop in steel demand.
But after its expansion in the pig iron, scrap and coke markets, the company believes it is set to bounce back.
Coal gasification for DRI production - An Indian solution
India's limited supplies of natural gas and abundant supplies of thermal coal make it an ideal location for combining direct reduction plant with a coal gassifier as Jindal Steel & Power has recently decided to adopt. By Rob Cheeley & Markus Leu