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New Capacity Roundup – August 2023
The addition of the furnace will facilitate greater use of scrap steel in the melting process, contributing to the company's goal of achieving a 10 percent reduction in the plant's overall emissions, by 2025.1 billion for the project, making it the largest single investment in the company’s history.The company expects that the site will have the lowest CO2 emissions of any steel producer in North America.The project involves the replacement of two blast furnaces and two basic oxygen furnaces, with a 2.The company states that the modifications will lead to a 10 percent reduction in gas consumption and a 5 percent increase in productivity.

🔗MEPS International

🌎 International · 🗓️ September 06, 2023 · Steel

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US stainless market resilient as EU mill profits slump
The facility is already the largest integrated stainless steel producer in the United States.6 percent, to €411 per tonne, in the second quarter of 2023.Acerinox and Outokumpu have a large presence in the US and European markets.These figures are considerably lower than the peak reached in the second quarter of 2022.The results are important because they contribute to the underlying reasons that two of those producers intend to grow their presence in the US market.

🔗MEPS International

🌎 International · 🗓️ September 06, 2023 · Steel

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JK Lakshmi shareholders reject raising transaction limit to Rs 10,000 crore
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🔗Construction World

🇮🇳 India · 🗓️ September 06, 2023 · Building Material

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Steel exports down a third amid weak global demand, Chinese competition
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🔗Construction World

🇮🇳 India · 🗓️ September 06, 2023 · Building Material

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Supplied high-strength alloy steel for Chandrayaan-3
" According to the manufacturer, the heat-resistant material protects the motor from shocks and high temperatures.(JSL) claimed to have provided high-strength alloy steel grade to use by ISRO on the Chandravaan-3 mission.In order to meet the exacting quality standards and specifications of the crucial project, JSL said that the specialized alloy steel grade supplied to the Indian Space Research Organisation (ISRO), which is typically imported from several countries, was painstakingly developed over a period of three years with the aid of an advanced refining process.According to the business, Chandrayaan-3, India's ambitious third lunar mission, employed a special, high-strength alloy steel grade that was "developed and supplied.As of Friday, Jindal Stainless Ltd.

🔗Construction World

🇮🇳 India · 🗓️ September 06, 2023 · Building Material

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