MWI Bureau

With the over increasing demand for stringent quality of steel, the requirement for low sulphur concentration in steel has become an utmost requirement. Removal...

According to worldsteel, India's crude steel output fell by 1 per cent to 19.1 million tonnes (MT) during the first two months of 2021. India produced 18.9 MT crude steel during the same period last year.

Indian state-owned steel major Steel Authority of India (SAIL), a Maharatna PSU, has recorded its best ever quarterly performance in terms of both production and sales during Q4 of 2020-21.

Mould powder essentially consists oxides of silicon, alkali and alkali earths and fluorides. The building blocks of mould powders is the SiO4 4- tetrahedron which has the capability of creating a three dimensional network. The network is broken down by the addition of cations such as Ca2+, Mg+, Na2+, K+ and Li+.

The increased availability of iron ore reflected by its easing of its prices may further dampen the prices. NMDC has reduced prices of iron ore lumps in the last month by Rs 600 to Rs 5100 per tonne. However, NMDC recently announced an increase of Rs 100/tonne taking a note of the hiked prices from Orissa Essel Mining. The increased availability of iron ore in turn will enable the small and medium sized mills to restart production thereby narrowing the gap between demand and supply of steel.

India’s coal imports plunged to 180.84MT, a drop of 11.6 % in the first ten months of 2020-21 as compared to 204.55 Mt of the previous year as per the data compiled by the mjunction services .

As per the data released by the China Iron and Steel Association, China’s main steel mills witnessed a rise of 24.38% year on year on their average daily crude steel production in mid-February.

The Andhra Pradesh (AP) Government has invited POSCO India Private Limited, the Indian subsidiary of South Korean steel maker POSCO for setting up an green field steel plant at Krishnapatnam in Nellore district

A team led by Professor Mark Rainforth and Dr Junheng Gao from the University’s Department of Materials Science and Engineering published a study in the journal Nature that highlights a completely developed new way of making lightweight, high strength steel that can be easily adapted for mass manufacturing.

As per the reports from World Steel, global crude steel production for the 64 countries reporting to World Steel Association for the month of January 2021 was 162.9 million tonnes, a 4.8% increase compared to January 2020.