Steel 360 - October 2019
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October 2019 issue Digital Access. 
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In this issue
Flat steel sales, scrap output hit a bump There is a bloodbath in autoville. Barring October 2018, domestic passenger vehicle sales have been in slowdown mode since July last year, which means more than a year's agony for the country's auto manufacturers. Such a scenario is bound to have an impact on two areas. One is sales of flat steels and two, scrap generation from new vehicle manufacturing. Cover story traces this auto graph on pg. 38. In Intervista, we turn the spotlight on Rahul Mittal on pg. 48 who recently took over as Chairman of the Sponge Iron Manufacturers Association, and expects a lot of investments to happen in DRI-based mini integrated plants. In a tête-à-tête with Zubein Buhariwalla, CEO of Federal Engineers, on pg. 18, we learnt their machines do not need maintenance contracts. There is healthy demand for Indian-origin pellets by Chinese steel makers. Based on the exports numbers reported in Q1, FY20, it is likely that India's pellets production and exports will surpass the FY19 figures. Read this Product story on pg. 30. Tepid domestic demand forced Turkey, the world's largest scrap importer, to turn to exports. But here too protectionism from the US and Europe turned this measure into an uphill task. World View traces the vagaries of the steel industry in this country straddling east Europe and West Asia. Details are on pg. 22. Plus, we focus on a lot more. Enjoy the read!
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Sajjan Jindal's Pills For Steel Sector Ills
Making an impassioned cry for the entire steel industry to come forward and join hands to devise ways to increase steel consumption in India, Sajjan Jindal, Chairman of the JSW Group, recently said the USD 200-250 billion of investment that will be required to produce the 300 million tonnes (MnT) of steel by 2030 should be made in all “Make in India” equipment.
Galvanised Rails On Track To Be INR 1,400-CR Opportunity
If all goes well, Indian Railways (IR) could be having an INR 1,400-crore, 2 lakh tonnes per annum order for galvanised rails to offer one-and-half years down the line. And two leading producers of rail tracks in India, the Steel Authority of India (SAIL) and Jindal Steel & Power (JSPL), could be in the fray to bag the orders, it is learnt.
Crysteel Gazing
What lies in store for India's steel industry in 2020?
Are Indian Steel Makers Ready To Combat Arcelormittal's Arsenal?
Armed with deep pockets and the best available technology in its arsenal, the world’s largest steel maker, ArcelorMittal, is all geared up to own and steer an operating 10-million tonnes per annum (MnTPA) steel plant in India, and a growing market that offers an attractive opportunity for steel firms with excess capacity from China, Japan and Korea (more so for the last two, owing to favorable trade agreements) to dump products unbridled at predatory prices
Construction Equipment Sector May See 40% Growth In Sales
The construction equipment industry can expect a 40% increase in sales in the near future on the back of huge government spending on infrastructure projects.
Acid Test
When it comes to spent pickle liquor, steel makers need to embrace innovative solutions to reduce environmental impact & increase efficiency
Stress On 'Scientific Mining': Odisha Mining Lease Area Cap Eased
But govt's decision keeps industry divided
Let's Get Carbon-Smart
Innovations are inevitable for the global steel industry to ride over the myriad challenges that the worldwide environmental crisis has thrown up. And almost all the ground-breaking innovations in steel technology have been geared towards confronting and mitigating the carbon challenge. The singular objective of disruptive technologies is to become, what has been aptly termed as “carbon smart”, by not just replacing fossil sources with natural gases for metals production but also recycling fossils and wastes to produce useful products at an industrial scale, thereby providing a huge fillip to the global circular economy. Steel360 turns the spotlight on three “green” technologies that are setting new benchmarks in the industry.
Loss Of Unreduced Slag Is A Direct Loss Of Iron
Improving EAF operations through monitoring and control of slag residence time
Auto Scrap Facility Draft Norms Drive Home ‘Green' Point
However, ambiguities keep stakeholders at crossroads
