MWI Bureau

As per the Hans India report, Telangana State Secretary to Industry department Mr. JayeshRanjan said that the proposal to set up the Integrated Steel Plant at Bayyaram is under consideration and the official committee headed by Special Chief Secretary Ajay Mishra was examining various aspects regarding the establishment of the plant.

STS Steel is trying to resume production as investigators had started searching for the cause of a New Year's Eve fire that damaged their Schenectady manufacturing complex.

According to Baowu's website, Baowu Steel Group produced 96 million mt of crude steel in 2019. The state owned company could surpass Arcelor Mittal to become the World's largest steelmaker in 2019. ArcelorMittal had cut down its output in response to weak demand in European markets. The World steel giant had produced 92.5 million mt of crude steel in 2018.

After extensive research Vesuvius came up with a new generation of tube changer by modifying the older versions and making the new one more robust, simple having fewer parts and with more ease of installation and maintenance. The new mechanism can offer additional advantages of less air entrapment and operation in fully automatic mode for casting long sequences.

Monnet Ispat and Energy which owed Rs 11,000 crore to the banks, was one of the 12 non-performing assets (NPAs) mandated for resolution under the Insolvency and Bankruptcy Code (IBC). An amount of Rs 2,875 crore resolution plan submitted by AION and JSW Steel was approved by the National Company Law Tribunal (NCLT) on end of July 2018.

He said that the RINL leadership has taken several new initiatives to face the challenges and even with lower production, achieved improvement in techno-economic parameters such as improvement of BF productivity, usage of PCI in all the blast furnaces, etc. He further added that improving PCI to around 150 kg/ton hot metal in Q4 would reduce the cost of production and improve BF productivity.

Mr. PK Rath, RINL-VSP CMD, said that the steel industry is showing signs of improvement in the country with the introduction of the Government’s new initiatives in boosting the spending on infra, construction, and auto sector. While addressing the VSP collective on the eve of New Year, Mr. Rath pointed out that many steel companies in the world are under severe stress during 2019 and the rise in raw material prices like Coking coal and Iron ore severely impacted the entire steel industry bottom-line and RINL is also no exception to this development.

The open-stream pouring practices relate to producing inferior quality steel (where some air entrainment can be tolerated) and is used for smaller mold cross-section less than 125 mm sq. Air entrainment can be reduced by surrounding the stream with argon gas but cannot be completely eliminated.

State owned mining major, NMDC operates open cast mines at Kirandul(three mines) and Bacheli(two mines) in the Bailadila sector of the Dantewada district in Chhattisgarh and two mines-Donimalai and Kumaraswamy in the Bellary district of Karnataka.

State owned mining major, NMDC operates open cast mines at Kirandul(three mines) and Bacheli(two mines) in the Bailadila sector of the Dantewada district in Chhattisgarh and two mines-Donimalai and Kumaraswamy in the Bellary district of Karnataka. On December 17, the Chhattisgarh government has extended the mining lease of four out of five mines of the Bailadila iron ore complex for the next 20 years until 2035 with effect from September 2015, which were due for extension in March 2020.