Siemens receives order from ArcelorMittal Tubarão to maintain continuous slab caster
   

Siemens VAI Metals Services Ltd. will take over the maintenance of continuous slab caster no. 3 of ArcelorMittal Tubarão, a Brazilian steelmaker, for the next five years. Payment will be based on plant performance figures, such as the production volume, and the guaranteed service lives of the casting molds and segments used.
The ArcelorMittal Tubarão production complex is located in Serra, in the state of Espírito Santo. It has an installed capacity of 7.5 million tons per annum, which makes it the largest steel works in Brazil. Continuous slab caster no. 3 is designed for an annual production of three million tons, and has been in operation since July 2007. The plant can cast slabs with a width of up to 2,325 millimeters, which is wider than on any other plant in the country.
Siemens will be responsible for maintaining the casting molds and segments, reconditioning the rolls, renewing and nickel-plating the mold plates, as well as for stocking and supplying spare parts. Siemens will also make technical improvements to the continuous casting plant to lengthen its service life and increase its reliability. For example, rugged, internally-cooled EcoStar rolls will be installed in the horizontal section of the caster. Siemens will set up its own workshop in Serra to recondition the rolls and provide spare parts. The mold plates will be nickel-plated in the Siemens workshops in Volta Redonda and Santa Cruz, located in the neighboring state of Rio de Janeiro.
Siemens VAI Metals Services Ltda. provides maintenance services to the Brazilian iron and steel industry. The company has four locations in Santa Cruz, Volta Redonda (both in Rio de Janeiro), Serra/Espirito Santo and Ouro Branco/Minas Gerais, and is the market leader in the maintenance of continuous casting plants in Brazil.

  Brazilian raw steel output down by 4.1pct YoY in July
   

Brazil's raw steel production fell by 4.1% YoY in July 2012 to 3 million tonnes. According to Instituto Aço Brasil, the industry group representing steelmakers, rolled steel production grew 11.5% YoY to 2.3 million tonnes. Sales in the Brazilian market were unchanged from July 2011 at 1.8 million tonnes of steel products. The country imported 337,000 tonnes of steel products in July and 2.3 million tonnes in the year to date, up by 8.2% YoY.

     
  MMTC invites tender for export of chrome ore
   

MMTC Ltd has invited two separate global e-tenders for export of around 63,500 tons (+/-10%) of chrome ore/chrome concentrate of Indian origin.
The company plans to export the entire material in six lots via Paradip port and the last date for submission of offers for a total quantity of 42,000 tons is August 21 and that of 21,500 tons is August 28. Through the first tender it proposes to export 42,000 tons of material in three lots. In the first lot around 30,000 of chrome concentrate (50/48% Cr2O3) would be offered and in the second and third lots it is offering 9,000 tons of low silica chrome concentrate (56/54% Cr2O3) and 3,000 tons ultra low silica concentrate (58/56% Cr2O3). Through the second tender it proposes to export 21,500 tons of material, also in three lots. In the first lot of around 15,000 tons of 50/48% chrome concentrate would be offered while in the second and third lots 5,000 tons of 56/54% low silica material and 1,500 tons of 58/56% ultra low silica chrome concentrate respectively would be offered.

  Crude steel capacity to reach 149 mt by FY17
   

Crude steel capacity in India is likely to reach 140 million tons (mt) by 2016-17, the terminal year of the Twelfth Five Year Plan, according to steel ministry sources. However, in the best case scenario, total capacity may reach 149 mt, the sources said. The projections are based on a report prepared by a Working Group formed under the ministry to forecast likely trends in capacity addition during the Twelfth plan. The working group took into consideration factors like land availability, raw material availability, steel imports and investible funds, among others, to arrive at a capacity projection.

     
  WTO to take up India's request for panel against US steel duty

The World Trade Organization's dispute settlement body will take up on India's request for a panel to settle a dispute over alleged wrongful penal duties imposed on Indian steel by the US. The duties have made steel exports by leading steel manufacturers including Essar, Jindal and Sail uncompetitive in the US. "We expect the US to oppose our request for a panel. But we will stick to our demand and ensure that a panel gets established as soon as possible," a commerce department official told.
India's steel producers like Essar, Tata, Sail and Jindal have not been able to export hot-rolled steel products to the US for the past few years due to levy of countervailing duty as high as 500% in some cases by the US. New Delhi says that the penal duties imposed on the ground that the Indian government subsidies the steel companies were unjustified. "We have given a number of reasons clarifying why the US countervailing measures on Indian steel were not consistent with the WTO agreement on subsidies and countervailing measures, but have not received a favourable response" the official said.
The US department of commerce's assumption that the iron ore sourced by Indian steel makers from NMDC is supplied at subsidised rate is without any basis, the official said. "It is an erroneous assumption as NMDC sells iron ore to domestic steel firms at the prevailing market prices which is determined by its exports to Japan and South Korea." India has also objected to use of inappropriate benchmarks for calculation of subsidy and treating the mining rights for iron ore and coal obtained by exporters of steel products as subsidies. These issues were explained by New Delhi in details during the official level consultations with the US prior to the request for establishment of a panel. "During the consultations, the US did not respond to any issue raised by India apparently because it wanted to defend its measures only at the panel stage. We, therefore, had no alternative other than asking for a panel," the official said.

     
  Tenova LOI Italimpianti Receives Final Acceptance Certificate for Three Carbon Baking Furnaces in Sinosteel Plant China
   

Tenova LOI Italimpianti Genoa has successfully received the FAC (Final Acceptance Certificate) for the three Carbon Baking Furnaces installed in the green field plant belonging to Sinosteel Corporation in Changing County. The turn-key project consisting of three (3) car bottom type furnaces for baking of ultra-fine graphite blocks and one central incinerator system is the results of a tight collaboration between Tenova LOI Italimpianti Genoa, Tenova CORE and Tenova LOI Italimpianti Tianjin. The project moved through several critical phases mainly linked to contractual figures that overcome the state of the art technology in the field of baking and re- baking processes for carbon blocks driving to enhancement of the final products quality. Modifications and actions carried out since April 2011 have driven a continuous improvement in plant performance as well as a winning back of Customer confidence and appreciation till important and final goal of FAC. This result can also drive Tenova to start as a favourite supplier in the plant expansion foreseen at the beginning of 2013.

     
  Tokyo Steel hiked scrap purchasing prices by up to JPY 2,000 a tonne
   

Tokyo Steel had raised the scrap purchase prices by JPY 1,500 to JPY 2,000 per tonne from August 17th 2012. It decided to increase the scrap purchase prices by JPY 2,000 per tonne at its Okayama plant and Takamatsu steel center respectively and to raise the prices by JPY 1,500 per tonne at the other plants.
After the adjustment, the firm's latest H2 scrap purchasing prices in Okayama plant is at JPY 29,000 to JPY 29,500 per tonne; that in Kyushu plant is at JPY 29,000 per tonne; that in Tahara plant is at JPY 29,000 per tonne; that in Utsunomiya plant is at JPY 28,000 per tonne and that in Takamatsu steel center is at JPY 27,500 per tonne. It's known that Tokyo Steel has remained its scrap purchasing prices unchanged at JPY 25,500 to JPY 27,500 per tonne for consecutive two months after the firm cut the prices by JPY 500 per tonne on June 16th 2012.

     
  Armenian steel producer orders a compact and cost-efficient continuous billet casting plant from Siemens

Siemens VAI Metals Technologies has received an order from ASCE Group OJSC to deliver a continuous billet casting plant for its Charentsavan location. Thus, the Armenian steel producer is the first company to operate a compact and cost-efficient continuous billet casting plant for carbon steels that complies with the new plant design presented by Siemens in 2011. The two-strand casting plant is designed for production of 200,000 tons of billets per year. Commissioning of the plant is planned for mid-2013.

     
  Tokyo Steel to raise scrap purchasing prices further
   

Japanese Tokyo Steel announced to raise the scrap purchasing prices by JPY 1,000 per tonne at its Utsunomiya plant and to increase the prices by JPY 500 per tonne at the other four works from August 21st 2012. After the adjustment, the firm's average purchasing prices of H2 scraps at JPY 28,000 to JPY 29,500 per tonne. After the adjustment, the firm's latest H2 scrap purchasing prices in Okayama plant is at JPY 29,500 to JPY 30,000 per tonne; that in Kyushu plant it is at JPY 29,500 per tonne; that in Tahara plant it is at JPY 29,500 per tonne; that in Utsunomiya plant it is at JPY 29,000 per tonne and that in Takamatsu steel center it is at JPY 28,000 per tonne. It's known that Tokyo Steel just announced that it will hike its scrap purchasing prices by JPY 1,500 to JPY 2,000 per tonne on August 17th 2012.

     
  ThyssenKrupp wants plant offers by Sept 28
   

ThyssenKrupp AG is inviting non binding offers of purchase by Sept 28 for its plants in Calvert and Brazil, according to Brazil's Valor Economico business newspaper. Around 10 groups have shown interest in the sale, including the steelmakers Ternium SA, Companhia Siderurgica Nacional SA and ArcelorMittal, according to the newspaper. The German steelmaker said in May that it wants to sell its carbon steel operations in Alabama and Brazil, following severe first-half losses. It has already segregated its stainless steel business, renaming it Inoxum, and plans, later this year, to sell it to Finnish company Outokumpu Oyi. ThyssenKrupp officials would neither confirm nor deny that the company wanted sale offers by Sept 28. Goldman Sachs and Morgan Stanley, which were appointed in June to conduct the Steel Americas sale, are now starting to distribute information on the two works to interested parties, Valor said, citing unnamed sources.

   
  US scrap prices expected to rise further in September
   

RThe US scrap prices will continue staying in upward trend in September 2012. The scrap prices have surged by around USD 70 to USD 100 per tonne since August 2012. It's expected that lots of steel mills in the US will start the scrap purchase in early September 2012, in spite of weak demand for steel products from the domestic market. At the same time, it's expected that the sharply increased scrap prices in the US domestic market will boost the scrap export prices. It's learned that a US scrap supplier hiked the export quotes to Turkey by USD 20 per tonne in mid August 2012.