Day: 13 September 2020

Oyten/Hilden – In November 2019 wurde symbolisch der erste Spatenstich gesetzt und 247TailorSteel begann mit dem Bau seiner Produktionsstätte in Hilden bei Düsseldorf. Nach Monaten harter Arbeit konnte das Unternehmen nun das neue Werk am 1. September 2020 offiziell beziehen. Etwa ein Jahr nach Spatenstich möchte 247TailorSteel das Ergebnis und die offizielle Eröffnung der Produktionsstätte feiern und lädt Sie herzlich dazu ein. Sind Sie dabei?

Notieren Sie sich das Datum für die offizielle feierliche Eröffnung in Ihrem Kalender: 20.11.2020, 9.00-14.00 Uhr
Details folgen in Kürze!

Offizielle Eröffnung: Keine Angst vor Corona:

247TailorSteel hofft auf eine interessante Eröffnungsveranstaltung und auf zahlreiche Gäste. Natürlich hält sich das Unternehmen In Sachen Corona an die aktuellen Richtlinien und Empfehlungen des Ordnungsamtes und an die gesetzlichen Regelungen in NRW. Das Unternehmen beobachtet die Situation sorgfältig. Sollte die Eröffnung aufgrund der aktuellen Umstände verschoben werden müssen, wird 247 TailorSteel Sie umgehend informieren.

Autor: von Angelika Albrecht

08.09.2020

The European steel coils market held steady Sept. 11, with most conditions now in place for the market to rise further, sources told S&P Global Platts.

The Platts TSI hot-rolled coil index was calculated Sept. 11 at Eur475/mt ($562.26/mt) ex-works Ruhr, falling Eur1.

Cold-rolled coil remained stable and unchanged from Sept. 10 and was assessed at Eur532.50/mt EXW Ruhr, a level last seen April 23.

In Southern Europe, HRC slipped 50 euro cent to be assessed at Eur471/mt EXW South Europe.

An Italian mill source said that they would be offering at Eur480-Eur490/mt EXW Italy but that “the market is not there yet,” suggesting other mills would follow.

“The [material] shortage is real — everyone needs material, SSC tube makers and rerollers,” the mill source said.

An Italian buyer said the market would be moving fast and that a deal struck at Eur443/mt EXW Italy was not possible anymore the next day as prices increased to Eur460/mt.

An Italy-based service center source said he was now looking for the uptrend to continue until the end of the year.

“I am bullish until the end of December, beyond that I cannot tell and January is an unknown element at the moment,” he said.

“Prices went up aggressively in September and nothing is possible now below Eur470-Eur480/mt,” he said adding that at current levels tube manufacturers and end-users have made bookings but Italian service centers would consider current prices expensive and approach the market cautiously.

A German distribution source said that steel producer furnace restarts will bring capacity online and result in the market peak by November.

“I believe the market could top out by November as capacity comes back to the market, so I am not buying anything, for now, I will wait until then,” he said.

Seasonal destocking for year-end along with ongoing coronavirus second-wave risk could also impact the market recovery, the source said.

— Len Griffin, Laura Varriale

ArcelorMittal is planning to cut its Dunkirk steelworks’ CO2 emissions by -33% by 2030. This is in line with its plan announced earlier this year to reach carbon neutrality on a global level by 2050, Kallanish learns from the company.

In a presentation on Dunkirk’s decarbonisation project to French industry minister Agnès Pannier-Runacher, the company revealed its roadmap to operating a green blast furnace. This will see steelmaking gas recycling replace fossil fuels and reduce emissions by -17%.

The plant will also capture CO2 to purify and liquify it, before reusing or storing it. The capture and restock project is expected to reduce carbon emissions by -8%. This will be done by doubling the plant’s current amount of recycled steel to 2 million tonnes/year without consuming more energy, ArcelorMittal explains.

“With these concrete developments, ArcelorMittal is committed to the decarbonisation of its steel production and the circular economy,” the firm states. “We are therefore fully in line with the objectives of the French government plan “France Relance” which accelerates the transformation of the French industry in terms of sovereignty and decarbonisation.”

Last month the company confirmed it is ramping up operations at its idled blast furnace no.3 in Dunkirk to target a full production restart in early September. The furnace was idled, together with BF2 in April, following the spread of coronavirus in Europe and the negative impact on steel demand. The Dunkirk integrated site has since only operated using one blast furnace, BF4 (see Kallanish passim).

Earlier this year ArcelorMittal announced its plan to cut CO2 emissions at all its European plants by -30% by 2030.

NLMK says work is progressing to repair the collapsed iron ore conveyor gallery at Stoilensky plant, which supplies the firm’s principal Lipetsk steelworks. The steelmaker estimates repairs will take 15 days, after which it will take 24 hours to achieve full capacity of the gallery and another 24 hours to reinstate the full processing cycle.

The firm’s dispatches of steel products will not be impacted by the incident, NLMK says, but merchant pig iron dispatches may be affected. The company’s iron ore needs are currently met by existing stocks and external supply has been secured. Kallanish learns that Metalloinvest is supplying the feedstock, and market participants say it is likely the China import price was used as a benchmark.

Stoilensky’s conveyor gallery collapsed on 7 September, halting the iron ore processing chain and leaving NLMK with just ten days of iron ore to supply Lipetsk (see Kallanish passim). This plant produces all of the company’s merchant metallic and semi-finished products, including slab for its European re-rolling assets. Its monthly needs are around 200,000-230,000 tonnes.

Provided the repairs and recommissioning go according to plan, there is unlikely to be any effect on finished product sales and prices, although some degree of support to pig iron merchant prices is expected. Following the incident, some CIS pig iron suppliers have withheld from entering into direct negotiations, and some reviewed their offers upwards to around $355-365/t fob Black Sea, depending on the market. One Russian supplier voiced offers at $380-390/t fob to all markets.