News Round Up - Indian 41 February 2020 STEELWORLD I ndia’s largest stainless-steel manufacturing company Jindal Stainless Limited has successfully completed level-2 process automation for its Argon Oxygen Decarburization converter at its Jajpur plant in Odisha. The automation process has helped the company achieve 10 per cent improvement in productivity with the help of real-time carbon and temperature analysis during production. This process was completed in a short span of two weeks with Technologies Limited as the implementation partner. This is the second digital transformation adopted by the Company Primetalsafter last year’s migration to SAP BW/4HANA. JSL MD Abhyuday Jindal said “This automation process is a part of our continuous endeavour to attain better operational efficiency and offer improved product quality to our customers by adopting breakthrough technology. We will continue our efforts to migrate our manufacturing ecosystem towards 100 per cent digital avatar that would unlock enormous value for JSL and its partners.” The upgraded AOD converter will improve overall refining operations at the facility. Level-2 process automation is a dynamic process model which will allow both, advance calculations and online simulation of processes. Advance calculations shall result in trimming errors significantly as input materials will be prepared in Jindal Stainless Completes Automation for Jajpur Plant advance. This dynamic process model is based on dozens of metallurgical equations which use cyclic online calculations to analyse the chemical reaction in the AOD converter both, in real time and at a point in future. This improves the process accuracy and the quality of the stainless steel produced. The upgrade will also help in collating a valuable knowledge database for use in future optimisations and new developments. AOD process is used worldwide to primarily produce stainless steel and other high-grade alloys. The process filters out carbon and other impurities to achieve better product quality. JSL has been operating its AOD converter since 2011. The newly upgraded level-2 system offers a large number of interfaces and is now integrated with the existing technological set-up at JSL. In early 2019, Jindal Stainless had become an early adopter of SAP BW/4HANA, one of the world’s fastest data warehouse and reporting systems. This transition helped the organization reduce the time taken for real time inventory reporting from 30 minutes to just a minute. In April 2017, Jindal Stainless had undertaken a digital revolution by upgrading its ERP applications and migrating to the HANA database on Cloud. It enabled business transactions and report analysis to become 10 to 15 times faster. T ata Steel Ltd is expecting its capex during the current fiscal to touch the 9,000-crore mark, company sources said. The steel major, however, will take a cautious approach at the capital allocation for the next financial year, they said. The steel maker had, earlier, said that it would revise the planned capital expenditure for the 2019-20 to Rs8,000 crore from Rs12,000 crore for the group. In the third quarter, company had spent about Rs2,777crore, taking the total Tata Steel Capex Likely to Touch Rs. 9,000 Cr in FY20 capital expenditure to Rs7,762 crore during the first nine months of the current fiscal, sources said. The company had invested around Rs1,367crore for its India operation, including about Rs935 crore expenditure for its Kalinganagar plant in Odisha, they said. “A part of the capex is committed to Tata Steel Europe. Thus, the actual spending will be higher. By the year-end, the capex will be around Rs9,000crore. “But (we are) looking at the capital allocation very sharply for the next year and it would depend on how the markets play out over the next few months,” sources said. They said the company has prioritised the pellet plant and the cold-rolling mill. “The pellet plant will help us to bring down costs while the cold-rolling mill to add value to the product mix…We maintain our target to commission the same in about a year from now,” the company had informed the analysts.
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News Round Up - Indian
41 February 2020STEELWORLD
India’s largest stainless-steel
manufacturing company Jindal
Stainless Limited has successfully
completed level-2 process
automation for its Argon Oxygen
Decarburization converter at its
Jajpur plant in Odisha.
The automation process has
helped the company achieve 10 per
cent improvement in productivity with
the help of real-time carbon and temperature analysis
during production. This process was completed in a
short span of two weeks with Technologies Limited as
the implementation partner.
This is the second digital transformation adopted by
the Company Primetalsafter last year’s migration to SAP
BW/4HANA. JSL MD Abhyuday Jindal said “This
automation process is a part of our continuous
endeavour to attain better operational efficiency and
offer improved product quality to our customers by
adopting breakthrough technology. We will continue our
efforts to migrate our manufacturing ecosystem
towards 100 per cent digital avatar that would unlock
enormous value for JSL and its partners.”
The upgraded AOD converter will improve overall
refining operations at the facility. Level-2 process
automation is a dynamic process model which will allow
both, advance calculations and online simulation of
processes. Advance calculations shall result in trimming
errors significantly as input materials will be prepared in
Jindal Stainless Completes Automation for Jajpur Plantadvance. This dynamic process
model is based on dozens of
metallurgical equations which use
cyclic online calculations to analyse
the chemical reaction in the AOD
converter both, in real time and at a
point in future.
This improves the process
accuracy and the quality of the
stainless steel produced. The
upgrade will also help in collating a valuable
knowledge database for use in future optimisations
and new developments.
AOD process is used worldwide to primarily produce
stainless steel and other high-grade alloys. The process
filters out carbon and other impurities to achieve better
product quality. JSL has been operating its AOD
converter since 2011. The newly upgraded level-2
system offers a large number of interfaces and is now
integrated with the existing technological set-up at JSL.
In early 2019, Jindal Stainless had become an early
adopter of SAP BW/4HANA, one of the world’s fastest
data warehouse and reporting systems. This transition
helped the organization reduce the time taken for real
time inventory reporting from 30 minutes to just a
minute. In April 2017, Jindal Stainless had undertaken a
digital revolution by upgrading its ERP applications and
migrating to the HANA database on Cloud. It enabled
business transactions and report analysis to become 10
to 15 times faster.
Tata Steel Ltd is expecting its
capex during the current
fiscal to touch the 9,000-crore mark,
company sources said. The steel
major, however, will take a cautious
approach at the capital allocation
for the next financial year, they said.
The steel maker had, earlier, said
that it would revise the planned
capital expenditure for the 2019-20
to Rs8,000 crore from Rs12,000
crore for the group. In the third
quarter, company had spent about
Rs2,777crore, taking the total
Tata Steel Capex Likely to Touch Rs. 9,000 Cr in FY20capital expenditure to Rs7,762 crore
during the first nine months of the
current fiscal, sources said.
The company had invested
around Rs1,367crore for its India
operation, including about Rs935
crore expenditure for its
Kalinganagar plant in Odisha, they
said. “A part of the capex is
committed to Tata Steel Europe. Thus,
the actual spending will be higher.
By the year-end, the capex will
be around Rs9,000crore. “But (we
are) looking at the capital
allocation very sharply for the
next year and it would depend on
how the markets play out over
the next few months,” sources
said. They said the company has
prioritised the pellet plant and the
cold-rolling mill. “The pellet plant
will help us to bring down costs
while the cold-rolling mill to add
value to the product mix…We
maintain our target to
commission the same in about a
year from now,” the company had
informed the analysts.
News Round Up - Indian
42 February 2020STEELWORLD
National Company Law
Appellate Tribunal has
dismissed the insolvency plea filed
by IFCI against ACCIL Hospitality, a
corporate guarantor of debt-ridden
steel products maker Asian Colour
Coated Ispat. A two-member bench
headed by Chairperson Justice S J
Mukhopadhaya observed that “Once
the Financial Creditor’s claim has
been collated and admitted by the
IRP in its entirety, invoking of
jurisdiction of the Adjudicating
Authority at its instance for triggering
a fresh Corporate Insolvency
NCLAT Dismisses IFCI Plea against ACCIL HospitalityResolution Process against the
Corporate Guarantor would amount
to duplicity of claims being pressed.
This being a second application
for same set of claim and arising
out of the same default cannot be
admitted against the Corporate
Guarantor’ while CIRP initiated
against the Principal Borrower’ is
still subsisting. The fact that the
Resolution Plan is yet to be
approved by the NCLT and the
Financial Creditor may be faced
with the prospect of taking a haircut
is no ground to trigger a fresh
resolution process against the
Corporate Guarantor.”
IFCI had filed petition to initiate
insolvency proceedings against
ACCIL Hospitality, which had
extended a corporate guaranty for
Asian Colour Coated Ispat Limited,
which is currently under insolvency
proceedings. IFCI had contended
that liability of ACCIL Hospitality
was joint and coextensive with that
of the Principal Borrower, ACCL
and the mere filing of claim by the
financial creditor in the corporate
insolvency resolution proceedings
could not absolve the Corporate
Guarantor of its contractual obligation
of discharging the liability.
ACCL was the principal
borrower, which had defaulted in
clearing its outstanding liability
of loan facility of INR 150 crore
extended to it by the financial
creditor and is going through
insolvency process. The lenders
of ACCIL, a steel products
manufacturing company, has
approved INR 1,500 crore bid by
JSW Group, with 79.3 per cent of
voting and approval from NCLT
is pending.
India’s Steel Minister
DharmendraPradhan
visited Steel Authority of India
Limited’s Bhilai Steel Plant.
During the visit, the Minister
started the heating process of
BOF-3 which paved the way for
operationalization of Convertor-
3 in the modernized SMS-3
shop of the Plant.
Equipped with modern
state-of-the-art facilities for crude
steel production, two convertors
and three casters including two
billet casters and one bloom
caster and other facilities are
presently in operation at SMS-3.
The new 180 tonne capacity
Convertor-3 will pave the way for 4
Million Tonne Per Annum capacity
modex facility of Steel Melting
Shop-3 of the Plant. The Minister
Steel Minister Starts Heating Processof BOF-3 at SAIL BSP
also visited Safety Excellence
Centre inside the Plant, new Blast
Furnace No 8, Universal Rail Mill
that produces the world’s longest
130 metre rails and the Rail &
Structural Mill.
Pradhan congratulated the Bhilai
Collective for achieving highest ever
production of rails in current fiscal
year and exhorted senior officials to
draw a detailed action plan for
enhancing production,
efficiency and ensuring a zero
accident paradigm.
Minister Pradhan also
interacted with the
representatives of MSMEs in
and around Bhilai, worker’s
unions and officers
association.
It may be mentioned here
that the blooms cast in SMS-3 are
ideally suited for rolling the world’s
longest 130 metre rails at the
plant’s Universal Rail Mill. Even as
the graph of production from SMS-3
is steadily rising with two
convertors in operation, the addition
of Convertor 3 would enable SMS-3
to supply higher volumes of cast
blooms for URM.
News Round Up - Indian
43 February 2020STEELWORLD
Union Minister for Petroleum
& Natural Gas and Steel,
Dharmendra Pradhan visited the
Bhilai Steel Plants’s mines at Rajhara
on his second day of Bhilai visit. He
was accompanied by Chairman, SAIL,
Anil Kumar Chaudhary, Director
(Commercial) Soma Mondal,
Director (Personnel) Atul Srivastava,
Director (Proj & Business Planning)
& CEO, BSP Anirban Dasgupta, ED
(Mines & Rowghat) Manas Biswas
and other senior officers.
The minister laid the foundation
stone for ‘Ore Benficiation Plant’ at
the iron ore premises of Rajhara,
which will augment the quality of
iron ore supplied to the plant. He
also visited various mines sites of
Rajhara and saw the technical and
Steel Minister Witnesses CSR efforts of SAIL-BSP
mining process of ore extraction. He
planted sapling at the Saptagiri Park
at Rajhara.
The Minister met the tribal
students adopted by BSP at the
BSP’s tribal student hostel and also
interacted with them. He also met
twenty nursing students sponsored
by SAIL-BSP. Every year twenty girls
from tribal region of Rowghat and
Rajhara are adopted under BSP’s
CSR activities for nurse’s training.
It may be mentioned that these
tribal students are provided with
free of cost education, boarding
and lodging and provided all study
materials.
The Minister also met the
students and teachers of the
English medium school run by the
plant and DAV in the Antagarh
region. Apart from this, he also
witnessed and praised the
exhibition put by BSP of the CSR
activities undertaken by the plant at
Rajhara, its peripheral areas and at
Rowghat. He also took stock of the
CSR activities underway at the
mines and also met and discussed
with the representatives of worker’s
unions of the Mines.
Sandvik Tube Millhas added a
new cold finishing tube
manufacturing line at its Mehsana Mill
in Gujarat. With the addition of this
new high-tech line, Sandvik aims to
increase the availability of its high-
quality seamless stainless tube, add
flexibility for introducing new grades
and strengthen regional service.
The new line is mainly aimed at
the production of heat exchanger
tubing and for other demanding
industrial applications, and will double
Mehsana’s cold-working capacity and
thus allowing swifter delivery times
across the Asia Pacific region.
Sandvik Adds New Tube Line at Mehsana Plant
The cold forming process, which
involves drawing and shaping of the
tube, is used to impart higher
strength than found in the initial
annealed condition. To achieve the
highest straightness, low
eccentricity and tight dimensional
tolerances, Sandvik employs its own
patented cold pilgering technique.
The new cold finishing line will
focus on heat exchanger tube sizes
in austenitic, duplex and nickel-
based alloys, which can be
supplied straight or U-bent for
shell-and-tube heat exchangers –
cleaned and plugged.
SandvikMehsana is a high-tech
tube mill that produces advanced
corrosion-resistant tube, pipe and
hollows for heat exchangers and
process equipment across a wide
range of industries, including
petrochemical, oil and gas, chemical
and fertilizer.
Odisha media reported that Jagat Janani Pvt Ltd has bagged Jururi
iron ore block in Keonjhar district with an estimated reserve of 270
million tonnes by committing to pay 126.23 per cent of the average sale price
to the Odisha government.
17 mining companies had bid for the iron ore block. Besides Jagat Janani
Pvt Ltd and the existing lessee Kalinga Mining Corporation, Kashvi
