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Tenova to Supply Galvanising Line for PT Tata Metal Lestari

Tenova will provide a hot dip galvanising line for Indonesia’s PT Tata Metal Lestari.

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Tenova, a leading developer and provider of sustainable solutions for the green transition of the metals industry, has signed a contract with PT Tata Metal Lestari, one of Indonesia’s premium manufacturers of painted and coated steel products, and part of the global steel group Tatalogam, for the supply of a new hot dip galvanizing line for zinc aluminium magnesium alloy coated coils. 
The new line, able to process Al-Zn, Al-Zn-Mg, and Zn-Al-Mg coated coils; will be installed on the premises of Tata Metal Lestari’s Sadang Plant in Cijaya, Kabupaten Purwakarta, Indonesia, with an annual capacity of 250,000 tonne. 
The scope of work includes the engineering, supply, and supervision of a complete set of equipment for the hot dip galvanizing line, including advanced level 2 electrical and automation systems, specifically developed by Tenova Italimpianti, a well-known Tenova brand and leader in technologies for reheating, heat treatment, strip processing, acid regeneration plants and cold rolling mills. 
The new hot dip galvanizing line will produce first-class products with optimal surface quality and strip purity, thanks to the cleaning section, which removes surface contaminations, and to a combination of mechanical, hydrodynamic, and chemical processes. The furnace is designed to strictly separate the furnace atmosphere, the combustion process, and the ambient environment, preventing deterioration in the surface condition of the strip during heat treatment. The air knife systems also contribute to providing optimal quality for galvanized surfaces and the inline skin pass mill is designed to finish the coated surface with a controlled surface imprint, improving the strip shape.
“Thanks to this new project, PT Tata Metal Lestari will become a leading producer of aluminium, zinc and magnesium alloy coated steel coils for Indonesia and a reference point for the Western market,” stated Stephanus Koeswandi, CEO at PT Tata Metal Lestari. “We are pleased to collaborate with Tenova on this achievement, recognizing its expertise and capabilities in delivering customized and advanced technical solutions.” 
“The concept design of PT Tata Metal Lestari’s line perfectly combines the highest technology for the production of Al-Zn, Al-Zn-Mg, and Zn-Al-Mg coated coils with up-to-date customized operational processes,” added Giuseppe Zanzi, Chief Representative Officer, South East Asia and Oceania at Tenova. “This new line can guarantee high quality and stable production, together with the flexibility to use three types of zinc, aluminium and magnesium alloys coatings.”

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Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

It will also serve as a centre of excellence for skill development, preparing India’s workforce for sustainable infrastructure projects.

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Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.

Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabrication solutions for India’s growing infrastructure sector. The unit is expected to scale from 4,000 tonnes in FY25 to 18,000 tonnes annually by FY26-27, creating over 250 direct jobs and benefiting 150+ families indirectly. It will also serve as a centre of excellence for skill development, preparing India’s workforce for sustainable infrastructure projects.

Abhyuday Jindal, MD, Jindal Stainless, said, “This fabrication unit represents another step in our efforts to provide integrated solutions for customers. Bridges are critical connectors, and this facility ensures end-to-end quality management for safer and longer-lasting structures.”

Tarun Khulbe, CEO & CFO, added, “By combining material excellence with skilled fabrication and streamlined processes, we are bridging the gap between stainless steel production and high-quality infrastructure delivery.”

Jindal Stainless has supplied stainless steel for landmark projects nationwide, offering corrosion-free, durable solutions with lifespans exceeding 100 years. The Mumbai facility marks the company’s entry into direct fabrication, offering complete solutions to infrastructure developers. Future expansions will include solar-powered operations, aligning with the company’s ESG goals and commitment to sustainable growth.

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Kretinsky Exits Thyssenkrupp Steel Stake as JV Plans Stall

Stake sale clears path for talks with India’s Jindal Steel

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Czech billionaire Daniel Kretinsky has sold his 20 per cent stake in Thyssenkrupp Steel Europe and abandoned plans for a 50:50 joint venture, the companies announced. The decision enables Thyssenkrupp to intensify discussions with Jindal Steel International for a possible acquisition.
The move follows stalled negotiations between Thyssenkrupp and Kretinsky’s EP Group amid union opposition. The European steel sector continues to face high energy costs, cheap Chinese imports and delayed hydrogen-based decarbonisation.

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Nippon Steel Buys 30% Stake In Canada’s Kami Iron Ore Project

Nippon Steel invests C$42 million in Canada’s Kami iron ore project.

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Japan’s largest steelmaker, Nippon Steel, has acquired a 30 per cent stake in Canada’s Kami iron ore project, forming a joint venture with Australia’s Champion Iron and trading house Sojitz to secure supplies of high-grade ore for direct reduced iron production.
Through its subsidiary NS Canadian Resources, Nippon Steel has paid C$42 million (Rs 2.5 billion) of the total C$150 million (Rs 9 billion) investment, with the remaining C$108 million (Rs 6.5 billion) subject to an additional investment decision based on a feasibility study.
The deal builds on a December agreement in which Nippon Steel and Sojitz purchased a 49 per cent interest in the project from Champion Iron for C$245 million (Rs 14.7 billion). Under the new joint venture, Kami Iron Mine Partnership, the companies will advance the feasibility study for the Newfoundland and Labrador project.
Nippon Steel said the project’s high-grade ore is ideal for producing direct reduced iron, which, together with high-quality scrap, is crucial for operating large electric arc furnaces. The company plans to expand such furnaces to lower carbon emissions as part of its decarbonisation strategy.

Having recently acquired U.S. Steel, Nippon Steel has been strengthening its stakes in coking coal and iron ore mines worldwide to ensure long-term security of critical raw materials. 

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