MWI Bureau

With the growing demand for improved quality and lower costs of production the understanding of numerous variables influencing the wear has become very important. Two of such variables are refractory/slag and refractory/steel interactions.

Global steel giant, ArcelorMittal announced that it has completed the acquisition of Essar Steel on December 16. According to the release the company has established a joint venture with Nippon Steel called ArcelorMittal Nippon Steel India (AM/NS), which will own and operate Essar Steel.

The implementation of an input tariff of 25% by US President Donald Trump on foreign goods which was announced in February 2018 has spoilt the inflow of steel products. However, countries like Canada and Mexico have been kept out of it.

The material normally used are alumna carbon mix containing 20-25% carbon (94% graphite) and 70-75% alumina

Employees of the public sector undertaking are asking to dissolve the ‘Affordability’ clause issued by Department of Public Enterprises. The affordability clause incorporated by the Department of Public Enterprises (DPE) during August 2017 have denied employees their pay hikes.

Steel Authority of India Limited (SAIL) has recorded an over 36 percent sales growth during the month of November 2019 on a year on year basis. As per the company statement the sales during November 2019 stood at 1.409 Million Tonnes.

The tundish slide gate like the stopper rod functions to control the metal flow from the tundish to the mold.The slide gate mechanism consists of upper nozzle placed inside the well block, top plate,sliding middle plate and bottom plate essentially with a collector nozzle for placement of the submerged entry nozzle

The Odisha government has annulled three rounds of bids meant to auction 20 iron mines whose leases are expiring in March. The fresh bid documents were released on December 6 keeping in mind the original timelines. The Government has banned multiple bids from the same company to stop cornering of mines by one single bidder, including its affiliates.

The declining auto sales again in the month of November are becoming a concern for the auto makers. The poor market sentiments have forced the companies to reduce dispatches to the dealers. Passenger cars sales fell by 10.83 per cent at 160,306 units as compared to 179,783 units and SIAM held economic factors like slowing GDP responsible for auto industry’s performance. 


According to the ICRA report, released on Tuesday, growth in domestic steel demand slipped into negative territory with demand falling by 1.8 per cent to 15.4 million tones as against 15.7 mt year on year (YoY) for the first two months of Q3 FY20.