China-Baowu-hydrogen-metallurgy-progress!-The-first-set-of-30Nm³h-alkaline-water-electrolyzer-was-successfully-developed

China Baowu hydrogen metallurgy progress! The first set of 30Nm³h alkaline water electrolyzer was successfully developed

China Baowu hydrogen metallurgy progress! The first set of 30Nm³h alkaline water electrolyzer was successfully developed Key Word: Alkaline Water Electrolyzer, Dual Carbon Description: China Baowu hydrogen metallurgy progress! The first set of 30Nm³h alkaline water electrolyzer was successfully developed. The successful development of this set of 30Nm³/h alkaline water electrolyzer has enabled Maanshan Iron…

ArcelorMittal's-digital-transformation-journey

ArcelorMittal’s digital transformation journey

ArcelorMittal’s digital transformation journey Key Word: Industrial drones, smart steel mills Description: ArcelorMittal’s digital transformation process is dominated by five projects that bring new technologies from prototype to maturity more quickly. Improve the safety, efficiency and accuracy of your operations, increasing productivity and quality. Main Body: 1) Build a digital center of excellence ArcelorMittal is…

How does steel form oxide scale

How does steel form oxide scale Key Word: Oxide scale; degree a; heating time; furnace gas medium; chemical composition of steel Description: As a result of oxidation, an oxide film-iron oxide scale is formed on the surface of the metal. Due to the diffusion of oxygen and iron during heating, iron oxide scale is formed…

Market downturn, Turkish billet prices fall

Market downturn, Turkish billet prices fall

LMM Global Steel Information Quick View (2021.11.29) According to understanding, Turkish billet prices continued to decline gradually on November 24, and Kardemir, a major integrated long product producer in Turkey, carried out a new round of price cuts. Yesterday, with the sharp depreciation of the Turkish currency, the overall market sentiment was still mostly negative.…

Decarbonization should be done immediately to avoid stranding of assets and employment

Decarbonization should be done immediately to avoid stranding of assets and employment It is of “paramountimportance” the steel industry invests now in low-carbon steelmakingtechnologies that are compatible with climate neutrality, to avoid exposingassets and jobs to high risks in the 2030s and beyond. So says German think tankAgora Energiewende. Around 71% of the world’s coal-basedsteel…

Vale and Posco will study emission reduction technologies

Vale and Posco will study emission reduction technologies Vale has signed a memorandum ofunderstanding (MoU) with South Korean steelmaker Posco to jointly explore anddevelop CO2 emissions reduction technologies in steelmaking. Potential solutions for reducingfossil fuel consumption include Vale’s high-grade iron ore products such aspellet, fines and briquettes. “The steel and mining industry arealready under transformation…

Ternium SA: Latin steel market begins to cool

LMM Global Steel Information Quick View (2021.11.08) Ternium SA: Latin steel market begins to cool Ternium SA, the largest steel producer in Latin America, said its record third-quarter performance may reach its best level due to the loss of momentum due to dizzying profit growth. After achieving considerable pre-tax profit growth for four consecutive quarters,…

Hyundai Steel raises the price of rebar in November

LMM Global Steel Information Quick View (2021.11.08) Hyundai Steel raises the price of rebar in November South Korean steel manufacturer Hyundai Steel notified the industry that the price of SD400 10mm rebar will be raised in November. The price for construction is set at 956,000 won/ton (US$764.8/ton) and 1,036,000 won/ton (US$828.8) for distribution. /Ton). Compared…