MEDIUM CARBON STEELS

Meduim Carbon Steels are similar to low carbon steel except that the carbon ranges from 0.30 to 0.60% & the manganese from 0.50 to 1.65%. Increasing the carbon content is approximately 0.5% with an accompanying increase in manganese allows medium carbon steels to be used in the quenched & tempered conditions. This steels are of particular importance because of unique combination of strength & toughness after heat treat treatment.

The following are the specifications covered by us in this range of steel:
Grade C-40
Grade C-55
Grade C-65

We welcome your valuable enquiries for the above mentioned steel strips. For a detailed knowledge of our product base, we invite you to visit us at, www.btstrips.com

SAIL sees POSCO JV sealed by mid December

Steel Authority of India Ltd the largest steel producer in India expects to finalize a joint venture with POSCO by mid December.

The report quoted Mr CS Verma chairman of SAIL as saying that it has been in talks with POSCO to set up a 1.5 million tonnes steel plant near SAIL’s existing facility at Bokaro in eastern India.

He said that POSCO is expected to take a 51% stake and transfer advanced technology into the SAIL JV.

He said that “Next two months, it should be definitely be happening.”

He added that the eventual capacity of the JV will be 3 million tones per annum.

SAIL also hopes to finalize a draft proposal for a joint venture with Japan’s Kobe Steel. He declined to give details but media reports have said the two firms are in talks to set up 0.5 million tonne steel plant in India. He said SAIL was not in talks with ArcelorMittal.

Source:http://www.steelguru.com/indian_news/

ArcelorMittal’s two India plants may not materialise

Steel baron Lakshmi Mittal believes ArcelorMittal’s two giant steel projects in India, planned since 2005, were “highly unlikely to be realised”, and said his new strategy is to have a number of smaller steel-making hubs.

In an interview to the Financial Times in Tokyo, Mittal has said his new strategy was to create many small steel-making hubs across the country, each capable of making a few million tonnes of steel a year.

“My plan is now to have two-four sites rather than concentrate everything on large plants,” he told FT.
ArcelorMittal had announced a 12-million-tonne steel plant in Jharkhand in 2005, followed by an identical plant in Orissa in 2006. But they are yet to take off, owing to problems with land acquisition and other clearances. Mittal, however, added he was still “determined to participate” in the steel industry in India, where demand for the metal is increasing quickly as a result of new investments in industrial expansion and infrastructure development.

SOURCE:http://www.business-standard.com/india/news//arcelormittal/s-two-india-plants-may-not-materialise//411214/

SAIL achieves best ever Q 2 sales

The July-September quarter of 2010 has been the best-ever Q2 for Steel Authority Of India with sales of 3.17 million tonnes (MT) achieved during the period, sources in Rourkela Steel Plant said.

In comparison to sales in Q1 SAIL achieved a growth of 30 percent. The previous best Q2 in respect of sales was 3.08 MT achieved in 2009-10, they said.

During this year’s Q2 SAIL sold 8.5 lakh tonnes of special and value-added steel products, showing a growth of 10.1 percent over the corresponding period last year. Special steel constituted 30 percent of the total domestic sales achieved in Q2.

Sales growth in Q2 was mainly due to higher intake by construction and manufacturing sectors. This was reflected in higher sales of products such as wife rods, rounds and bars, structurals, CR sheets/coils and galvanised items, the sources added

source:http://economictimes.indiatimes.com

special temper cold rolled steel strips

These are basically as rolled hard steel strip. To achieve a desired hardness, an annealed material of suitable thickness is taken and rolled down to the required thickness, to achieve that required hardness. After rolling, the material is pinch passed and final annealing is not required. To choose the correct thickness (for reduction to the desired thickness) is a matter of expertise.

Grades: This strip is available in low, medium & high carbon grades.

Applications: It is suitable for components where formability is limited. It saves the extra annealing cost. The strip is directly punched & formed and if required sent for heat treatment.

For more information, we invite you to visit us at, www.btstrips.com.