Editor's Note

Dear Readers,

The outbreak of the COVID-19 pandemic has severely affected almost every sector of the Indian economy. The country’s iron ore industry has been badly damaged during FY 2020-21. The April newsletter gives a glimpse of the industry’s performance, present status, etc.

The Indian steel industry has stepped into the new financial year 2021-22 from April 2021. The newsletter provides a sketch of the industry’s performance during the April-February period of FY’21.

Indian steel giant SAIL is increasing the production of Liquid Medical Oxygen to meet the high demand at many hospitals across the country. The April newsletter also highlights on it.

Global equipment supplier Danieli has won a contract from Rubiera Special Steel. Read the April newsletter to find out more.

Santosh Mahanti, Editor & CMD


Indian Iron Ore Industry – Present Status & Challenges

India is the fourth largest iron ore producing country with 8% of the world’s iron ore deposits. According to Indian Bureau of Mines, the country’s total reserve of iron ore is estimated at over 33.276 Billion Tonnes of haematite (Fe2O3) and magnetite (Fe3O4). The eastern states of India like Assam, Bihar, Chhattisgarh, Jharkhand, Odisha and Uttar Pradesh have rich deposits of haematite ore, while most of the magnetite ores are found in Andhra Pradesh, Goa, Karnataka, Kerala and Tamil Nadu.

Iron ore production in India was witnessing a rising trend for the past financial years. However, the outbreak of the COVID-19 pandemic has greatly damaged production growth. The production growth curve has come down drastically in FY 2020-21, bringing in several other challenges along with it. This, itself, stands as a major roadblock in achieving the target of 300 Million Tonnes of steelmaking capacity by 2030.

Iron & Steel Review’s April issue talks about the Indian iron ore industry’s present status, production volume, price, challenges, etc.

                                                                                                                                                                     Read more…

Indian Steel Market in April-February, FY’21

The Indian steel industry, from April 2021, has entered a new financial year. The performance of the Indian steel market during the April-February period of the previous fiscal, i.e. FY 2020-21, has been summarised here. Leading steelmakers of the country like SAIL, RINL, TSL Group, AM/NS India, JSWL and JSPL, along with other producers, have contributed substantially to the nation’s total steel production.

Production & consumption scenario

Crude steel output during the April-February period of FY’21 stood at 92.782 MT, down by 8.2% YoY. During the period under review, production and consumption of finished steel declined by 10.3% YoY and 9.9% YoY, respectively.

Export-import scenario

During the April-February period of FY’21, exports were up by 22%, while imports went down by 33.5%, when compared to the corresponding period in FY’20.

                                                                                                                               Click here to access the full report

SAIL focusses on enhancing Liquid Medical Oxygen production from its plants

Steel Authority of India Limited (SAIL) has been in the forefront in meeting the challenge of making Liquid Medical Oxygen (LMO) available in the country. It has already supplied 36,747 Metric Tonnes (MT) of Liquid Medical Oxygen since August 2020 as per the requirement.

With an increase in demand of LMO in the country, the company has enhanced its focus on increasing the production since the beginning of April. In just six days, SAIL has supplied, on an average, 660 MT of LMO per day from its plants. On April 21, 2021, alone, it has supplied 891 MT of LMO.

Improvement interventions have already been made to augment the LMO supply with respect to process and equipment. SAIL has reduced the production of gaseous Oxygen, Nitrogen and Argon, besides optimising process parameters in its plants to boost the production of LMO.

“During this hour of the emergency need, SAIL firmly stands committed with the nation and will do everything to augment the production of LMO from its plants. All its plants have been advised to maximise production of LMO and optimise dispatch logistics so as to reduce the turnaround time of oxygen tankers,” the company said.

With the help of Indian Railways and the Ministry of Steel, SAIL has planned to load a rake from its Bokaro Steel Plant. This will help greatly in the bulk evacuation of LMO and faster arrival of the same at the destination.

Danieli to install new mechanical dry pump systems at Rubiera Special Steel

Two new sets of mechanical dry pump systems will be installed at Rubiera Special Steel (RSS) in Casalgrande, Italy.

The degassing stations are based on vacuum lid degassers (VLD), so the vacuum cover fits directly in the ladle, minimising the system volume. This application requires perfect process control to minimise the slag foaming phenomena during the pump-down time.

This is why Q-AFS (automatic foaming slag control), based on radar technology, has become the most efficient and innovative solution.

All VLD systems are connected through a specially arranged suction line to a vacuum pump consisting of steam ejectors: RSS replaces the existing steam ejectors pumps with a new, dry mechanical pump system. The new system will improve performance by enhancing all operating conditions related to the VD process.

The target is to control and reduce the transformation, optimising OpEx across the board. In this scenario, the mechanical dry pump is the reliable solution to keep the same vacuum process final quality, but with several savings in terms of operating costs.

Mechanical dry pump systems offer the same steam ejector vacuum pump performance without the active costs for steam, besides the steam generation plant and maintenance.

The installation will provide not only the mechanical dry pumps but also a dust separator and textile, all necessary shut-off and control valves, and a new Q-AFS system to be located on the existing vacuum cover.

The startup of the new mechanical dry pump is scheduled for August 2021 for the first station and the beginning of January 2022 for the second one.

Upcoming Events

AISTech 2021

June 29-July 1, 2021

Music City Center
Nashville, Tenn., USA
Website: www.aist.org/conference-expositions/aistech/

Steel Success Strategies 2021

June 21-25 | Virtual Event, Nov 7-9 | Physical Event in Miami

Website: events.fastmarkets.com/event/08f8f503-34ac-4017-8305-8e79467df333/summary

SMU Steel Summit 2021

August 23-25, 2021

Georgia International Convention Centre, Atlanta, Georgia, USA
Website: www.events.crugroup.com/smusteelsummit/home

Metec India 2021

September 8-10, 2021

Mumbai, India
Website: www.metec-india.com