Kobe Steel signs licensing deal for pelletising process in India

Kobe Steel has signed a license agreement giving global equipment and service supplier FLSmidth the exclusive right to build iron ore pellet plants in India using the Japanese company’s pelletising process.

Paragraph entered by Atlantic migration, in order for SteelFirst articles to display correctly on Metal Bulletin.

Under the deal, FLSmidth Private Limited India will be able to supply the Kobelco Pelletizing System in India, with projects in other countries to be evaluated on a case by case basis, Kobe Steel said on Wednesday April 23.

FLSmidth Private Limited India is a wholly-owned subsidiary of Denmark-headquartered FLSmidth & Co. A/S, a global leading supplier of equipment and services to the minerals and cement industries.

Crude steel production in India reached 81.2 million tonnes last year and is anticipated to be “prosperous in the future”, the Japanese steelmaker said, citing the World Steel Assn (Worldsteel).

“[The] Indian government’s aim to increase steel production to 300 million [tpy] by 2025 has enhanced the need for iron and other related production facilities, including pellet plants,” the company noted.

“Kobe Steel and FLSmidth will cater to this demand by jointly promoting the Kobelco Pelletizing System,” it added.

Kobe Steel has supplied its pellet plants to companies like Bahrain Steel and Brazil’s iron ore giant Vale.

What to read next
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.