Editor's Note

Dear Readers,

Infrastructure growth of India is pivotal to the development of the nation’s steel industry. The stimulus packages announced for the infrastructure projects during the Union Budget 2021 is a big relief for India altogether. V. R. Sharma, Managing Director of India’s leading steel major Jindal Steel & Power Limited, talks about this particular aspect in an interview, excerpts of which have been shared in the July newsletter.

Electric vehicles now top the list of the latest news. What initiative has Tata Steel taken to implement the application of EVs in India? The July newsletter gives you details.

Primetals Technologies has won an order from Indian steelmaker Jindal Stainless Limited. What are the specificities of the project? How has India’s steel market performed during May 2021? Read the July newsletter and explore! 

Santosh Mahanti, Editor & CMD

CONTENTS


“I think, out of this total Rs. 5 Lakh Crores investment, at least Rs. 1-1.2 Lakh Crore should go to the steel industry”

V. R. Sharma, Managing Director, JSPL, has opened up in a one-on-one interview with Santosh Mahanti, Editor & CMD of Iron & Steel Review magazine. In this exclusive interview, he talks about the Central government’s stimulus packages for the infrastructure sector. Edited excerpts:

Santosh Mahanti: The Central government has announced a big package of Rs. 5 Lakh Crores for the Infrastructure. How much this would help the steel industry alone?

V. R. Sharma: Stimulus packages have been declared by the Government of India for infrastructure growth, and similar packages have also been declared worldwide. Today, the entire world is seen in five big economies. If we calculate and compute the total stimulus package declared by all these five big economies, it stands at around 17 Trillion Dollars. This includes the recent 5 Trillion Dollars declared in the United States.

The entire world is moving towards infrastructure growth. The steel industry, the cement industry, and the building & construction industry are mainly dependent on the government support projects. When the government starts building Dams, Railways, Roads, Bridges, Airports, Water pipelines, Transmission towers, Shipbuilding industry, Warships, etc., then steel consumption also increases. 70% of steel is consumed in the infrastructure projects. So, I think, out of this total Rs. 5 Lakh Crores investment, at least Rs. 1-1.2 Lakh Crore should go to the steel industry and the rest to the other industries. So far, so good. I think things are going in the right direction. Because of the second wave of COVID, there’s a little sluggishness, but if everything goes well, then surely all the projects which are declared by the Govt. of India, will pick up pace in due course of time.

                                                                                                                                                                     Read more…


Iron & Steel summary for May 2021

During May 2021, 1,18,320 MT of Liquid Medical Oxygen (LMO) has been supplied by steel companies for medical use across the country to meet the huge demand of medical oxygen emanating from the sudden upsurge in COVID-19 cases across the country. Major steel companies have also planned to extend 8,000 beds in the hospitals run by them at the earliest to ease out the crisis situation caused due to the surge in COVID cases and meet the requirements. Out of this, 3,000 beds have been commissioned during the month.

Production & consumption scenario

Crude steel output grew by 2.6% in May 2021 over April 2021. During the month under review, production of finished steel rose by 2.0%, while consumption of finished steel declined by 0.8% over April 2021.

Export-import scenario

During May 2021, export and import increased by 30.0% and 8.0%, respectively, over April 2021. India was a net exporter of finished steel during May 2021.

                                                                                                                               Click here to access the full report



Tata Steel deploys EVs for the transportation of finished steel

Tata Steel has tied up with an Indian start-up to deploy Electric Vehicles (EVs) for its steel transport. This endeavour marks the first-ever deployment of EVs by any steel producer in the country for the transportation of finished steel.

Tata Steel has contracted for 27 EVs, each with a carrying capacity of 35 Tonnes of steel (minimum capacity). The company plans to deploy 15 EVs at its Jamshedpur plant and 12 EVs at its Sahibabad plant.

The first set of EVs for Tata Steel is being put in operation between Tata Steel BSL’s Sahibabad Plant and Pilkhuwa Stockyard in Uttar Pradesh. The company formally flagged off the loaded vehicle at the Pilkhuwa Stockyard to move to the Sahibabad plant.

Dibyendu Bose, Vice President, Supply Chain, Tata Steel, said, “This initiative is aimed at reduction of GHG emissions and will help protect the environment in the long run. I am glad to see our team’s commitment to have made this possible and to find the right partner that has enabled us to deploy EVs in our supply chain. It is the beginning of a new era for Tata Steel and the supply chain division, and I wish them all success.”

The EVs being deployed comprise a 2.2 Tonne and 230.4 kWh Lithium-ion battery pack with a sophisticated cooling system and a battery management system, giving it the capability to operate at ambient temperatures up to 60 degrees Celsius. The battery pack would be powered by a 160-kWh charger setup, which would be able to charge the battery from 0 to 100% in 90 min. With zero tail-pipe emission, each EV would reduce the GHG footprint by more than 125 t CO2e every year.


Primetals Technologies to extend JSL’s converter meltshop

Primetals Technologies has bagged an order from Indian steelmaker Jindal Stainless Ltd. (JSL) to extend its meltshop in Jajpur, Odisha, with a new production line.

The project will more than double JSL’s production capacity at the Jajpur production site to approximately 2.2 Million Metric Tonnes per year.

Primetals Technologies will supply the 150-Tonne AOD plant with a top blowing lance, an exchangeable converter with Vaicon Quick suspension, a tilting drive with a damper system and a gas mixing station.

Primetals Technologies Vaicon Damper leads to a more stable AOD production with reduced vibrations and extended tilting drive service life. The material handling system will be adapted. The basic automation system, as well as the level 2 process optimisation is also included.

The ladle furnace features a water-cooled roof and the well-proven Melt Expert electrode control system. The scope of supply also includes the high-current system and the current conducting arms.

The single-strand continuous slab caster is designed to produce slabs in a width range of 850 to 1,680 mm at thicknesses of 160 to 220 mm. The metallurgical length amounts to 25.65 m. It will process ferritic and austenitic stainless 300 and stainless 400 series steels as well as Duplex stainless grades.

The caster is equipped with the latest state-of-the-art technology, including LevCon mold level control, DynaFlex mold oscillation, Mold Expert breakout prevention and DynaPhase phase transformation modelling for maximum possible slab quality.

The start-up is expected by the end of 2022.

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