#pig iron manufacturer in India

[vedantametalbazaar]

The Best Pig Iron OF91 Manufacturers in India | Vedanta Metalbazaar

Browse for pig iron-OF91 from Vedanta Metalbazaar, a leading exporter of pig iron in India. Using the most recent technologies, they provide pig iron of the highest grade. See here for additional information!

[neometaliks]

Benefits Of Using Recycled Pig Iron For Steel Production

Here are the benefits of using recycled pig iron for steel production according to the best pig iron manufacturers in India.  Get the top quality steel grade pig iron in India and learn about pig iron exports from India.

[maithantmt]

The Manufacturing Process of TMT Bars at Maithan Steel:

At Maithan Steel, we pride ourselves on producing some of the strongest TMT (Thermo-Mechanically Treated) rebars available globally. This accomplishment is achieved through consistent superior product standards, well-equipped research and development, and an integrated steel plant, all driven by a passion for innovation. Our TMT bars are manufactured using Concast & Thermex HYQST European Technology, ensuring high quality and durability. Below is a detailed breakdown of the manufacturing process for TMT bars.

Key Steps in the TMT Bars Manufacturing Process

Iron Making The first step in producing TMT bars involves sourcing raw materials like virgin iron ore and coal, which are then transported to our plant. Direct Reduced Iron (DRI) is produced through a solid-state reduction process of iron ore using coal as a reducing agent at a temperature of 1150 ºC in Rotary Kilns.

Steel Melt Shop The DRI, along with pig iron and ferroalloys, is added to furnaces where the metals are melted at a temperature of 1650 ºC. The molten metal, after the removal of slag, is directed to a Ladle Refining Furnace (LRF) to remove unwanted sulfur and phosphorus. The refined molten steel is then fed into a Continuous Casting Machine (CCM), where it is solidified into high-quality billets.

Rolling Mill The high-quality billets from the CCM are directly charged into the High UTS Quenching and Self Tempering (HUQST) Rolling Mill. Here, the billets are reduced to rebars at a temperature of 1050 ºC.

Quenching The hot rolled rebars undergo rapid cooling with RO water through special spray nozzles. This hardens the outer layer of the rebar, forming a Martensite rim while keeping the core hot.

Self-Tempering After quenching, heat transfers from the hot core to the surface, tempering the outer Martensite rim into Tempered Martensite. This also forms an intermediate ring of Martensite and Bainite.

Cooling The rebar is slowly cooled at the automatic cooling bed, where the core transforms into a ductile Ferrite-Pearlite structure. This combination of a strong surface with a ductile core gives our Maithan 600 TMT bars their unique characteristics.

Technical Specifications and Quality Assurance

Maithan Steel’s TMT bars, manufactured with Concast & Thermex HYQST European Technology, adhere to stringent quality control measures to ensure unmatched strength and durability. Our integrated manufacturing process guarantees consistency and reliability, making our TMT rebars a preferred choice for construction projects requiring robust and resilient materials.

Social and Economic Impact

At Maithan Steel, we firmly believe in inclusive development and take responsibility for steering the path to progress. Our commitment extends beyond our products to providing security to all our consumers and those who work with us. We have created 1,500 direct jobs and generated an additional 10,000 indirect employment opportunities, supporting the “Make in India” initiative.

Product Range In addition to TMT Rebars, our diverse product offerings include:

Billets Power Ferro Alloys Black Wires Sponge Iron These products have established Maithan Steel as a trusted hallmark for over two decades, delivering consistent quality and innovation.

Conclusion

The manufacturing process of TMT bars at Maithan Steel is a meticulously controlled operation, incorporating advanced technology and rigorous quality checks. By leveraging Concast & Thermex HYQST European Technology, we produce TMT rebars that meet the highest standards of strength and durability. Our commitment to innovation, social responsibility, and economic impact sets us apart as a leader in the steel manufacturing industry.

For more information on our products and services, or to set up a consultation, please contact Maithan Steel directly.

[carbonsteelmarkettrends]

Traditional to Innovative: Evolution of Steel Manufacturing in India

Steel is viewed as a pillar of modern civilization due to its wide usage today. Steel manufacturers in India play a significant role within the country and beyond and have evolved remarkably over the years. From the bloomer furnaces that were used in the past to the blast furnaces during the industrial revolution and today, the cutting-edge technologies, the evolution is immense.

In past times, steel production was labor intensive and typically consumed a lot of time due to the processes involved. These traditional methods were quite effective, but they had great limitations in terms of scalability. Over time, things have changed significantly, and the industry is no longer as it was in its infancy.

Traditional Methods

Steelmaking can be traced back to very many years ago, during ancient civilizations like the Egyptians. They discovered smelting practices for iron extraction. With time, different techniques were used to help refine steel and iron, including crucible steel and bloomery furnace process. The traditional methods used charcoal fuel widely. They were highly labor intensive, and only small quantities were produced. There wasn't much quality variation. This laid the foundation of the industry as we know it today, with the carbon steel producers playing a major role in shaping the industry.

The Bessemer Process During The Industrial Revolution Era

In the 18th and 19th centuries, steel production was revolutionized. This was due to the introduction of the Bessemer process in 1856. This was invented by Henry Bessemer, and it was a major milestone in steelmaking history.

The Bessemer process utilized air, which was blown through molten pig iron. The main intention here was to regulate the carbon content and remove impurities. With the adoption of this method, mass production of steel was possible at a lower cost. The process led to the creation of huge steel mills and blast furnaces. This led to the greatest growth in the steel industry that had not been witnessed before.

Electric Arc And Oxygen Furnaces

Later in the 20th century, another technology was introduced, propelling the industry further. The use of basic oxygen furnaces took the place of Bessemer converters. It became the primary method for processing molten iron into steel. Typically, oxygen was blown into the iron in a molten state to oxidize the impurities. This led to even higher-grade steel and faster turnaround rates.

Electric furnaces were introduced at the same time, and they helped recycle steel scrap. This meant lower reliance on ore.

Advanced Technologies

Spring steel strip coil suppliers and other players today rely on advanced steel manufacturing technologies. In the 21st century, advanced technologies have been widely adopted, improving efficiency and innovation. 3D printing or additive manufacturing is now one of the areas being exploited to create complex components using customized designs and intricate geometries.

C80 steel-grade suppliers and manufacturers now enjoy the results of automation and robotics used during manufacturing. This has led to safer, higher productivity, and access to a greater range of steel products in India.

Today, digitization initiatives leverage the Internet of Things, AI, and data analytics to optimize production schedules. It also aims to improve quality and monitor performance during steel production.

Sustainability

The best en8 steel grade suppliers look at the steel quality and sustainability. With the escalating environmental concerns taking center stage, sustainable practices are preferred over others. Alternative prices are now embraced to reduce the carbon footprint and energy consumption.

Steel manufacturers rely on carbon capture technologies and renewable energy options to mitigate the negative environmental impact in India. Recycling is also at the initiative's core, playing a role in waste production and conserving resources.

Embracing The Market Dynamics

In conclusion, it's important for steel manufacturers to embrace innovation to uphold sustainability and efficiency in the industry. Turning away from rudimentary technologies and choosing innovative options is one of the best ways to improve quality and reduce negative environmental impacts. Sustainability, automation, and digitalization are at the core of the industry and will keep shaping it in the future.

[simranjain123]

The Evolution of Steel: From Traditional to Advanced Manufacturing

Steel, often referred to as the backbone of modern civilization, has undergone a remarkable evolution in its production methods over the centuries. From the ancient bloomery furnaces to the towering blast furnaces of the Industrial Revolution, and now to the cutting-edge technologies of advanced manufacturing.

If you are looking for good steel in South India, Aone is one of the best steel manufacturers in Bangalore. The steel industry has continuously adapted to meet the demands of an ever-changing world. 

In this blog, we explore the journey of steel production, tracing its evolution from traditional to advanced manufacturing methods and its transformative impact on the industry.

1. Traditional Steelmaking:

The origins of steelmaking can be traced back thousands of years to ancient civilizations such as the Egyptians, who discovered the process of smelting iron ore to extract iron. Over time, various techniques for refining iron and steel emerged, including the bloomery furnace and the crucible steel process. 

If you want the best quality steel in India, you should try Aone Steel. They are an amazing steel manufacturer in India. These traditional methods relied on charcoal as a fuel source and were labor-intensive, producing relatively small quantities of steel with varying quality.

2. The Industrial Revolution and Bessemer Process:

The advent of the Industrial Revolution in the 18th and 19th centuries brought about a revolution in steel production. The invention of the Bessemer process by Henry Bessemer in 1856 marked a significant milestone in the history of steelmaking. 

This process involved blowing air through molten pig iron to remove impurities and adjust the carbon content, resulting in the mass production of high-quality steel at a lower cost. 

To get the best quality steel in India among so many great steel manufacturer in India, you should try Aone Steel. The Bessemer process paved the way for the construction of massive blast furnaces and steel mills, driving unprecedented growth in the steel industry.

3. Basic Oxygen and Electric Arc Furnaces:

In the latter half of the 20th century, new steelmaking technologies emerged, further revolutionizing the industry. The basic oxygen furnace (BOF) replaced the Bessemer converter as the primary method for producing steel from molten iron. 

In the BOF process, oxygen is blown into the molten iron to oxidize impurities, resulting in faster production rates and higher-quality steel. Aone Steel is one of the best steel manufacturers in Bangalore. 

Concurrently, the development of electric arc furnaces (EAFs) enabled the recycling of scrap steel into new products, reducing the industry's reliance on virgin iron ore and minimizing environmental impact.

4. Advanced Manufacturing Technologies:

The 21st century has witnessed a rapid proliferation of advanced manufacturing technologies in the steel industry, ushering in a new era of innovation and efficiency. Additive manufacturing, commonly known as 3D printing, is being explored for the production of complex steel components with intricate geometries and customized designs. 

Robotics and automation are increasingly integrated into steel manufacturing processes, enhancing productivity, precision, and safety. Aone is the dominating steel manufacturer in south India, they are the best steel manufacturers in Bangalore.

Digitalization initiatives leverage data analytics, artificial intelligence, and Internet of Things (IoT) technologies to optimize production schedules, monitor equipment performance, and improve quality control.

5. Sustainable Steel Production:

As environmental concerns escalate and sustainability becomes a top priority, the steel industry is embracing sustainable production practices. Alternative steelmaking processes, such as direct reduced iron (DRI) and hydrogen-based steelmaking, aim to reduce carbon emissions and energy consumption. 

The adoption of renewable energy sources and carbon capture technologies further contributes to the industry's efforts to mitigate its environmental footprint. Aone Steel is a great steel manufacturer in India and manufactures the best quality steel in India.

Additionally, steel recycling and circular economy initiatives play a crucial role in conserving resources and reducing waste, positioning steel as a sustainable material for the future.

CONCLUSION:

The evolution of steel from traditional to advanced manufacturing methods reflects the industry's relentless pursuit of innovation, efficiency, and sustainability. From the rudimentary techniques of antiquity to the cutting-edge technologies of the modern era, steelmaking has evolved.

In response to changing market dynamics, technological advancements, and environmental imperatives. If you require the best quality steel in India, Aone is the best choice.

As we stand on the cusp of a new industrial revolution, characterized by digitalization, automation, and sustainability, the steel industry is poised to continue shaping the world and driving progress in the years to come.

[market-insider]

Iron and Steel Market's Journey in Fueling the Engine of Progress

The global iron and steel market size is expected to reach USD 2,253.52 billion by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 3.8% from 2023 to 2030. Rising demand for heavy machinery and growth in the construction industry is expected to augment market growth over the forecast period.

Iron And Steel Market Report Highlights

Based on iron ore application, the steel segment is expected to register a growth rate of 2.0% in terms of revenue over the forecast period. The production of steel is expected to increase over the forecast period on account of rising investments in the construction of smart cities, led by increasing urbanization rates.

For example, Saudi Arabia’s NEOM project is anticipated to consume the largest amount of iron and steel. Further, at a capacity of 650 tons per day, the NEOM project will commence hydrogen production in 2026, which will be used by green steel and cement industries, for the city to run at 100% renewable energy.

Based on steel end-use, the building & construction segment captured the largest revenue share of the market, with over 45.0% in 2022. Rising investment by emerging economies to modernize their infrastructure is expected to propel the demand for the product.

Based on region, the Middle East & Africa is expected to achieve a revenue growth rate of 4.3%, over the forecast period. This growth is primarily driven by the emergence of infrastructure projects in the Middle East, which in turn is boosting the demand for products in the region.

For More Details or Sample Copy please visit link @: Iron And Steel Market Report

Over 98% of the total iron ore transforms into pig iron, which is a crucial component in the production of steel. Finished steel products are used in various industries, such as heavy industry, construction, automotive, and consumer goods. In heavy industry, steel is a strong material that can handle heavy weights and tough conditions. It provides stability and safety to heavy machinery, equipment, and infrastructure by maintaining their structural integrity. Thus, it is widely used in heavy industries such as shipbuilding, defense products manufacturing, and oil & gas.

Investment in the oil & gas industry is expected to drive the demand for steel over the forecast period. For instance, in April 2022, Cairn Oil & Gas, a Vedanta Group subsidiary, announced investing USD 700.0 million in oil & gas exploration projects in India. The company plans to invest in 100 exploratory wells, including the project in the Barmer region of Rajasthan, India.

Despite the rising penetration in various end-use industries, the product faces hindrances in the automotive industry. Electric vehicles prefer to use aluminum because of its lightweight and robust characteristics. This lightweight property helps reduce fuel consumption and lowers carbon emissions. As a result, aluminum is increasingly being used as a substitute for steel in electric vehicles, and this trend is expected to negatively affect the global market growth in the foreseeable future.

Region-wise, Asia Pacific is projected to undergo substantial revenue growth with a CAGR of 3.6% across the forecast period. This growth can be attributed to substantial investments in the region's construction and infrastructure sectors of developing economies. For instance, The Indonesian parliament approved the Capital City Bill in January 2022, paving the way for constructing a new capital city in the East Kalimantan province. The country has plans to invest USD 35 billion in the project, which is projected to be finalized by 2024.

IronAndSteel #SteelIndustry #Metallurgy #SteelProduction #SteelManufacturers #SteelMarketTrends #MetallurgicalProcesses #SteelDemand #SteelProducts #SteelTrade #ConstructionMaterials #EconomicProgress #MetalsMarket #MetalInnovation #GlobalInfrastructure #Manufacturing #IndustrialDevelopment #InfrastructureDevelopment #EconomicGrowth #GlobalCommerce

[aprbrightindustries]

Hydraulic grab bucket manufacturers in India

Big News!!! Another Hydraulic Orange Peel Grab 0.6m3 for scrap handling supplied to Sany India Pune.

Customers Demand: Grab Bucket must be 0.6m3, purpose scrap handling process, black color etc.

APR Bright Industries: Design the custom shape and capapcity as per requirements also, add the salient features in the grab bucket to enhance the lifting process. APR is Hydraulic grab bucket manufacturers India and our grab buckets are capable to perform in any kind of environment to handle iron scrap, stones and shakes, or pig iron.

Feedback: We are glad to see the performance of orange peel grab bucket in our plant. Grab Bucket help us to boost the productivity smoothly and delivering best results. Sany India Pune send warm wishes to APR for the silent but strong grab bucket delivered on time.

[tripcounselors]

The City of Destiny, Goa of the East – Visakhapatnam Tour

The fact that the shipyard that can be located in the port of Visakhapatnam is the oldest shipyard in all of India is a fact that is well known. Visakhapatnam is an absolute must-see destination for travelers who are traversing South India since, in addition to its many other man-made and natural marvels, the city is home to some of the world's oldest temples.

The city of Visakhapatnam was named after Vishaka, the Hindu deity of courage. The Eastern Ghats and the Bay of Bengal are on two sides of the city, therefore it is encircled on all sides by water. The city of Visakhapatnam is well-known for the commodities that are manufactured locally as well as for the traditional handicrafts and textiles that are made there. In Visakhapatnam, some of the most popular things to buy are toys made of Kondapalli wood, wooden goods made of Etikoppaka wood, and paintings done by Lepakshi. The approved share capital of the Visakhapatnam Steel Plant is Rs. 7466 crores, and it has a licensed capacity of 2.8 million tones of salable steel, 3.0 million tones of pig iron, and 8.32 lakh Tones of by-product. It is the most extensive steel production facility in the nation.

Please don't hesitate to get in contact with one of our experienced Trip Counselors if you have any questions about the educational and cost-effective Visakhapatnam trips we provide.

[sureliaindustries1]

Premium quality Tool Room Lathe Machine from Surelia Industries

Surelia Industries offer a wide range of Tool Room Lathe Machine that is made with high-quality Pig Iron & advanced technology as per customers' requirements. Contact us we are the most famous Tool Room Lathe Machine manufacturers and suppliers in India.

[vedantametalbazaar]

Pig Iron Manufacturers in India of Nodular Grade-SG03 | Vedanta Metabazaar

Vedanta Metalbazaar offers nodular-grade SG03 pig iron. It is one of the leading manufacturers of pig iron in India. Get more details and order!

[neometaliks]

Basic Grade Pig Iron: A Guide

Are you aware of basic grade pig iron? Here’s a guide that will offer the necessary information. Contact the best pig iron manufacturers in India for best quality products.

[kerone-engineering]

Industrial Revolution in the Manufacturing Industry

Textiles were the dominant industry of the industrial Revolution in terms of employment, worth of output and capital invested with. The textile industry was conjointly the primary to use modern production methods.

The Industrial Revolution began in great United Kingdom, and many of the technological innovations were of British origin. By the mid-18th century United Kingdom was the world’s leading business nation, controlling a world trading empire with colonies in North America and also the Caribbean, and with major military and political hegemony on the Indian subcontinent, notably with the proto-industrialised Mughal Bengal, through the activities of the east India Company. The development of trade and also the rise of business were among the main causes of the industrial Revolution.

The earliest recorded use of the term “Industrial Revolution” seems to have been in a letter from 6 July 1799 written by French envoy Louis-Guillaume Otto, saying that France had entered the race to industrialise. “The plan of a replacement social order supported major industrial change was clear in Southey and Owen, between 1811 and 1818, and was implicit as early as Blake within the early 1790s and words worth at the turn of the [19th] century.” The term industrial revolution applied to technological amendment was becoming a lot of common by the late decade, as in Jérôme-Adolphe Blanqui’s description in 1837 of la révolution industrielle.

Six factors facilitated industrialization: high levels of agricultural productivity to produce excess workforce and food; a pool of managerial and entrepreneurial skills; accessible ports, rivers, canals and roads to cheaply move raw materials and outputs; natural resources like coal, iron and waterfalls; political stability and a legal system that supported business; and financial capital available to invest.

The commencement of the industrial Revolution is closely connected to a small variety of innovations, starting within the second half of the eighteenth century. By the 1830s the following gains had been made in important technologies:

Textiles – mechanised cotton spinning powered by steam or water increased the output of a worker by a factor of around 500. The power loom increased the output of a worker by a factor of over 40. The cotton gin increased productivity of removing seed from cotton by a factor of 50. Large gains in productivity also occurred in spinning and weaving of wool and linen, but they were not as great as in cotton.

Steam power – the efficiency of steam engines increased so that they used between one-fifth and one-tenth as much fuel. The adaptation of stationary steam engines to rotary motion made them suitable for industrial uses. The high pressure engine had a high power to weight ratio, making it suitable for transportation. Steam power underwent a rapid expansion after 1800.

Iron making – the substitution of coke for charcoal greatly lowered the fuel cost of pig iron and wrought iron production. Using coke also allowed larger blast furnaces, resulting in economies of scale. The steam engine began being used to pump water and to power blast air in the mid-1750s, enabling a large increase in iron production by overcoming the limitation of water power. The cast iron blowing cylinder was first used in 1760. It was later improved by making it double acting, which allowed higher blast furnace temperatures. The puddling process produced a structural grade iron at a lower cost than the finery forge. The rolling mill was fifteen times faster than hammering wrought iron. Hot blast (1828) greatly increased fuel efficiency in iron production in the following decades.

Invention of machine tools – The first machine tools were invented. These included the screw cutting lathe, cylinder boring machine and the milling machine. Machine tools made the economical manufacture of precision metal parts possible, although it took several decades to develop effective techniques.

The Industrial revolution has been criticised for complete ecological collapse, inflicting mental illness, pollution and unnatural systems of organizing for humanity. Since the beginning of the industrial revolution individuals have criticised it by stating the industrial Revolution turned humanity and nature into slaves and destroying the world. It’s also been criticised by valuing profits and company growth over life and wellbeing, multiple movements have arose philosophically against the industrial revolution and include groups like the Amish and Primitivism.

We at KERONE have a team of experts to help you with your need in various products range from our wide experience.

[thesteelexporter]

Difference between malleable iron and forged iron pipe fittings

How does malleability work?

A malleable material is one that can be shaped or extended through beating with a hammer or rolling with a rolling pin.

The definition of malleable 

The material can be hit or pressed into shape easily without breaking or cracking. Like a malleable metal, a malleable personality is malleable and can be shaped into various shapes.

The question of whether to use malleable iron or forged iron is often asked.

Malleable iron fittings 

The cast iron is malleable. Between 2.3% and 4.3% of carbon is present in cast iron alloys. Industrial students have a carbon content of 2.11%-4.3%, which includes C, Si, MN, S, P, and other elements smelted from iron ore in blast furnaces. Depending on the carbon content, cast iron can be steelmaking raw iron, casting raw iron, or ductile iron.

The process of refining raw iron into iron solution and casting it produces malleable iron. In addition to being hard and abrasion-resistant, the material is also good at casting. Although carbon steel can be partially replaced by this material, it cannot be forged and is crisp. With it, utensils can be cast or steel can be made. 

Forged iron fitting

After being heated and shaped, the clubhead of a forged iron is molded from a single piece of metal. Unless you are an expert, you cannot tell how an iron is made simply by looking at it.

They differ primarily in the amount of carbon they contain. Carbon-containing carbon generally makes up 2-4.3% of forging iron. During high temperatures, excessive carbon in iron and harmful impurities (such as sulfur, phosphorus, etc.) are oxidized by oxidants (such as oxygen) to reach the specified steel content. 

In small castings that require tensile strength and ductility, malleable irons are used. Electric fittings, hand tools, pipe fittings, washers, brackets, fence fittings, power line hardware, farm equipment, mining hardware, and machine parts are among its uses.

Forged steel fittings are made from forged carbon steel. Fittings made of steel are forged. Carbon steel is heated to molten temperatures and placed in dies. A forged steel fitting is then machined from the heated steel.

Iron Casting

A cast iron alloy has a carbon content greater than 2% and is a type of iron-carbon alloy. Due to its relatively low melting temperature, it is useful.

The difference between malleable iron and cast iron

The difference between malleable iron and cast iron

In order to make malleable iron, cast iron is annealed so it becomes more malleable and ductile. Consequently, malleable iron has a much lower carbon content than cast iron.

Cast iron- Pig iron, which contains a high carbon content, is formed during the melting of ore in a furnace. Following the pouring of iron into molds and cooling, alloys are added.

Manufacturers of malleable pipe fittings in India

There are a number of manufacturers of malleable pipe fittings 

1. Carbon steel malleable iron conveyor chains from ICM

2. Pneumatic fittings for malleable pipes

3. Fittings for malleable iron pipes

4. Malleable pipe fittings from Gi

5. Malleable Ductile Iron of the highest quality 

For more information visit 

#design #architecture #interiordesign #steel #art #garden #gardendesign #rust #gardening #sculpture #welding

[market-insider]

High Purity Pig Iron Market's Integral Role in Elevating Steel Quality Standards

The global high purity pig iron market size is expected to reach USD 17.09 billion by 2030, according to a new report by Grand View Research, Inc, expanding at a CAGR of 8.5% over the forecast period. Investments in wind power generation are expected to benefit the industry growth from 2022 to 2030. HPPI is the principal raw material used in the production of nodular cast iron components, which are deployed in industries, such as wind energy, automotive & transportation, etc. Increasing emissions and limited potential for fossil fuels have led to the focus on energy production from renewable sources, such as wind and solar. HPPI finds applications in different wind turbine components, such as rotors, shafts, frames, and blades among others.

High Purity Pig Iron Market Report Highlights

The energy application segment is projected to register the fastest CAGR over the forecast period. A shift towards renewable energy is anticipated to promote the usage of nodular cast iron components and benefit HPPI demand

Automotive & transportation was the largest application segment in 2021. Investments for new plants and capacity additions are projected to boost the demand for HPPI products in casting parts

Asia Pacific was the leading region in 2021 due to offshore wind projects and industrial production in China, India, and Japan

India is anticipated to register a lucrative growth rate, in terms of revenue, over the forecast period due to the growing focus on domestic manufacturing to cater to the growing demand from various end-use industries

For More Details or Sample Copy please visit link @: High Purity Pig Iron Market Report

China, a leader in wind energy installations, aims to double its wind and solar capacity by 2025. The pollution levels are also high in China compared to other countries around the world, therefore it is necessary to increase renewable power generation. As per the central economic plan of the country, nearly 33% of power supply will come from renewable sources by 2025, an increase from 29% in 2020. Recently, Siemens Gamesa Renewable Energy received an order for 14 offshore wind turbines from a Green Power Investment firm in Japan. This Ishikari offshore project is likely to produce 112 MW of wind energy wherein installations are planned to start in July 2023. The turbines have ClassNK certification ensuring stringent technical standards. Similar investments in wind energy are expected to provide a boost to the HPPI products demand.

Automotive & transportation is a key application segment, wherein nodular cast iron components made using HPPI are used. This segment is likely to register a growth of 8.3%, in terms of revenue, from 2022 to 2030. A rise in the production capacities for vehicles is projected to attract the demand for HPPI products. For instance, Kia Motors in India is expected to increase its production capacity to 400,000 units by the end of 2022. Increasing utilization of steel scrap in foundries, especially in China, is projected to remain a favorable factor for the industry players. The increasing shift towards electric furnaces compared to blast furnaces requires high purity iron to reduce the impurities in the melt. This is anticipated to benefit in the reduction of carbon emissions and, thus, protect the environment.

HighPurityPigIron #PigIron #Metallurgy #SteelProduction #MetalManufacturing #IronSmelting #PureIron #MetallurgicalProcesses #PremiumSteel #IronQuality #FoundryMaterials #SteelQuality #AlloyProduction #MetalInnovation #IronandSteel #SmeltingTechnology #HighPerformanceMetals #MetalsIndustry #SteelStandards #SteelManufacturing #MetalExcellence

[questlation]

DBS Bank India collaborates with HDFC ERGO and Atradius to provide Trade Credit Insurance solution to Tata Metaliks

DBS Bank India collaborates with HDFC ERGO and Atradius to provide Trade Credit Insurance solution to Tata Metaliks

MUMBAI, India, Sept. 28, 2022 /PRNewswire/ — DBS Bank India Limited today announced that it has provided a bespoke Credit Insurance – Accounts Receivable solution to Tata Metaliks, a pioneer in manufacturing pig iron and DI pipes in India, in collaboration with HDFC ERGO General Insurance Co Ltd and reinsured by Atradius, a worldwide provider of trade credit insurance. This credit insurance deal…