JSW Steel plans invest approximately $1 billion to ramp up the production capacity at its Vijayanagar plant in Karnataka, India, to 18 million metric tons per year from the current 12 million metric tons per year. A current expansion project, which will raise production at the plant from 12 to 13 million metric tons per year, includes the revamp and capacity upgrade of blast furnace-3 to improve hot metal availability. The company will also modify and enhance the capacity of its melt shop, its flat and long products mills and allied facilities to utilize the additional hot metal output. This project will be complete by March 2020.
ArcelorMittal received European Commission (EC) approval for the sale of several steelmaking assets to Liberty House Group. Assets included within the divestment package are ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), ArcelorMittal Skopje (Macedonia), ArcelorMittal Piombino (Italy), ArcelorMittal Dudelange (Luxembourg) and several finishing lines at ArcelorMittal Liège (Belgium). According to Liberty House, the acquisition will make the company Europe’s third-largest steel producer. The transaction is expected to close by the end of the first half of 2019.
Big River Steel (BRS) commissioned SMS group with the expansion of its steel plant in Osceola, Ark. SMS group will supply BRS with mechanical equipment and electrical and automation systems. The expansion will increase the plant’s annual output to approximately 3 million tons of steel. After completion, the facility will have two electric-arc furnaces (EAFs) and two twin-ladle furnaces. Installation of an additional gas cleaning system will ensure compliance with environmental regulations.
FIA will hold its biennial Forge Fair May 21-23 at Cleveland’s Huntington Convention Center. This article, geared to the less experienced tradeshow attendee, will give you tips on how to make the most of your time on the exhibit floor and in the technical sessions.
One of the forging industry’s biggest challenges is finding ways to increase die life, a parameter that is fundamental to efficiency and profitability. One way to achieve this is through the process called flood welding, a high-speed, high-deposition weld-metal recovery of a worn forging-die cavity.
Using the metaphor of old, less-efficient cars compared with modern vehicles, the authors suggest that using age-old tool-steel grades may not measure up to the performance needed from modern forging die steels in certain applications.
OSR Inc., a manufacturer of automotive fasteners, plans to increase its manufacturing production in Columbus, Ind. The company, a joint venture between Japan’s Owari Precise Products Co. and Columbus-based Rightway Fasteners Inc., will invest $7 million to construct and equip a new 82,395-square-foot manufacturing facility. OSR plans to add up to 12 new positions and is hiring immediately for positions in heat treatment and IT. Production is scheduled to increase at the beginning of 2020. OSR, which currently has 29 employees, specializes in M4 to M9 cold-forged fasteners, primarily for Toyota.
Ellwood Group Inc. of Ellwood City, Pa., will acquire McInnes Rolled Rings, a manufacturer of seamless carbon, alloy and stainless steel rolled rings. The deal is scheduled to close on March 31, and Ellwood expects to run Erie, Pa.-based McInnes independently as a wholly owned subsidiary. Operations at both companies are expected to continue seamlessly throughout the acquisition process. The deal fits Ellwood’s strategy to provide quality metals and custom-engineered components for critical applications around the world.