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Tenova LOI Thermprocess strengthens market position

In the last 24 months Tenova LOI Thermprocess received a total of 12 new orders in the segment of heat treatment of wire rods and drawn wires.

von | 02.03.16

The orders include the supply, erection and commissioning of bell-type annealing plants for leading companies such as Aperam (France), Voestalpine Wire (Austria and Germany), Posco (Korea), Daeho (Korea), Hyundai Special Steel (Korea), Norm Civata (Turkey), Saarstahl AG (Germany), Jindal South West Ltd. (India) and ZDB (Czech Republic).
With a bidding-conversion rate of 80 % the experts of Tenova LOI Thermprocess convinced a global customer base also including a number of prestigious first-time customers. Due to an optimization of the annealing base and the high-capacity impeller, which provide for annealing capacity increase whilst the specific consumption is substantially reduced at the same time. Additional centering devices at the annealing base ensure a longer lifetime of the inner cover baffle which is put down on the base during annealing cycle.
Thanks to a new developed base sealing profile a longer lifetime of these special sealing has been achieved on the one hand; on the other hand larger tolerances in the field of the base flange/inner cover flange are compensated. The high-performance Jet-cooling hoods patented by LOI are used in all orders. Not only do they ensure short cooling times, but additionally extremely low noise emission values.
(Source: LOI Thermprocess GmbH)

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Rethink:Metallurgy: Steel under the influence of trade measures: politics rule over the market

Rethink:Metallurgy: Steel under the influence of trade measures: politics rule over the market

The European steel industry – mills as well as distributors and steel users – faces a market that is no less than bizarre. For years already, cheap imports from Asia were one problem. On top of that came the duties on steel imported to the USA. Europe had to act, and it did, through safeguard measures and CBAM fees. This is affecting the development of steel supply and the selling prices of steel products in an artificial way. It’s not the balance of supply and demand that defines the market; it’s politics.

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