SAIL’s research arm develops technology to reduce energy costs

Wednesday, 25 July 2012 12:28:13 (GMT+3)   |  
Research and Development Centre for Iron & Steel (RDCI&S), a division of Indian state-owned steel producer Steel Authority of India Limited (SAIL), has developed technology which will result in energy cost savings of least 10 percent, an official at SAIL said on Wednesday, July 25.
 
The technology has been adopted on a pilot basis at the hot strip mill at SAIL's Rourkela Steel Plant (RSP) and is expected to result in energy savings of $3.5 million per year, the official added.
 
The technology will also be offered for adoption by private sector steel producers and, according to RDCI&S, if all Indian steel producers were to accept it, it could lead to national energy cost savings of $25-28 million per year.
 
The technology developed by RDCI&S scientists involves application of lubricant to the rolling surface during hot rolling of steel coils, which reduces roll force and energy consumption by 10 percent and roll wear by 50 percent, the official said.
 
A hot rolling oil for the purpose has been jointly developed by RDCI&S and Indian Oil Corporation (IOC), the country's largest oil refiner and marketer.

Similar articles

India’s SAIL to continue to focus on capacity addition

23 Sep | Steel News

USEC bulk and containerized dock prices hold this week, shredder feed could come off due to EMR fire

09 Jun | Scrap & Raw Materials

Brazilian pig iron exports rise in May as shipments to Europe resume

09 Jun | Steel News

Confindustria calls for pragmatic EU ETS reform to protect industrial competitiveness

09 Jun | Steel News

Local Turkish dollar-based merchant bar prices fall amid ongoing currency fluctuations

09 Jun | Longs and Billet

US issues final AD results on PC strand from Malaysia

09 Jun | Steel News

Turkish domestic wire rod prices mostly fall amid weaker scrap and demand

09 Jun | Longs and Billet

Ex-China HRC prices fall as all fundamentals negative, supportive factors disappear

09 Jun | Flats and Slab

Local Turkish rebar spot prices fall amid sluggish demand and lower ex-US scrap prices

09 Jun | Longs and Billet

Indian HRC exporters manage to push volumes in all major markets after discounts

09 Jun | Flats and Slab