Inequalities have rendered global economy more fragile: UNCTAD (See 'Brief') Gangwar terms three Labour Codes as Game-Changer (See 'Brief') Companies Act - Provisos to Ss 164(2) and 167(1)(a) of Companies Act, 2013 can operate retrospectively: HC (See 'Legal Desk') IBC - Mere debt being due and payable in law is sufficient to justify initiation of Corporate Insolvency Resolution Process at instance of Financial Creditor: NCLAT (See 'Legal Desk') NCLAT (Recruitment, Salary and other Terms and Conditions of Service of Staff Car Drivers) Rules, 2020 (See 'Dashboard') Parliament passes Essential Commodities Amendment) Bill, 2020 (See 'Brief') Haryana enacts law ( Haryana Development and Regulation of Urban Areas (second amendment and validation) Bill, 2020 ) to validate de-licensing of land OYO Hotels & Homes, appoints Tejal Patil as Senior Legal Advisor for India & South Asia Huawei Technologies continue to cut staff numbers and investment in Australia amid strained relations between Beijing and Canberra Indian cold chain operators to prepare an efficient logistics network to ensure smooth delivery of covid-19 vaccines to its more than 1.3 billion people Companies Act - Period of limitation of 45 days prescribed in Section 421(3) starts running only from date on which copy of order of Tribunal is made available to person aggrieved: SC (See 'Legal Desk') IBC - In case of both parties being joint development partners, any claim by one of partners does not qualify as Financial Debt: NCLT (See 'Legal Desk')

Steel industry takes several steps of digitalisation

Published: Sep 14, 2020


NEW DELHI, SEPT 14, 2020: The steps taken by the Indian steel industry for introduction of digital and analytics in the steel making processes include the following initiatives:-

Identification of the finished product till the end customer through introduction of Quick Response (QR) code based traceable tags where quality and genealogy can be tracked.

Centralized Yard Management for all finished products to reduce rake retention time and improved identification and handling of the material with wireless Hand Held Terminal (HHT).

Steel Ladle Management System to automatically track the steel ladle through various shops like Laddle Preparation Bay, Converter, secondary metallurgy, caster and back. It is used to monitor ladle circulation time and effective heat loss in empty ladle. This system facilitates regulating the steel bath tapping temperature at LD to get optimum casting temperature at caster using Level-1 and Level-2 automation.

SMS Grade Prediction System to predict Final (Tundish) Composition and Final Grade based on Converter Analysis and Ladle Furnace Additions using Machine Learning Algorithm.

Optimisation of Coke, Pellet & Sinter quality to improve the yield & throughput of the Blast Furnaces.

Modeling of iron making process inside a Blast Furnace to reduce coke consumption and further enhance the yield.

Optimisation of casting speed in the Continuous Casting process to arrive at the target properties at the lowest cost and time.

Operation Research based models to optimize logistics cost and improving yield by efficient production planning.

doption of the Fourth Industrial Revolution (or Industry 4.0) technology in the steel sector for improving manufacturing processes, material usage, energy efficiency, plant & worker productivity, supply-chain and product life-cycle.

The Ministry of Steel scheme for “Promotion of Research & Development in Iron & Steel Sector” provides for grant of financial assistance to various institutions including CSIR laboratories and academic institutions for carrying out research in the iron & steel sector including environmental issues like utilisation of wastes, improvement in energy efficiency and reduction in GHG emission. Indian steel industry has also been taking measures to address the energy and environment issues in Steel plants through adoption of energy efficient and environment friendly technologies as part of technological up-gradation/ modernisation/expansion projects.

Stakeholder consultation with experts from the industry, research labs and academic institutions is integral part of the R&D Scheme of Ministry of Steel to utilise their domain knowledge while considering the R&D initiatives to address the technological challenges in the iron & steel sector.

This information was given by the Union Minister for Steel Mr Dharmendra Pradhan in a written reply in the Lok Sabha today.