Italy’s Danieli announced winning two orders for wire rod mills from two separate companies in Turkey.

A press release said that one of the orders is from İÇDAŞ ÇELİK Enerji Tersane ve Ulaşım Sana (İÇDAŞ) for its plant in Biga, Turkey. İÇDAŞ has two other Danieli wire rod lines at the site that have been in operation since 2005. The manufacturer is investing to increase its market share of wire rod coils, and to add more advanced steel grades to its product portfolio. It is designed to produce a wide range of steel grades, inclusive of welding wire, high carbon, cold heading, bearing steel, spring steel, free cutting and alloyed steels, at rolling speeds up to 110 m/sec. Line startup is scheduled for the second quarter of 2021.

The new line includes a ten-pass fast finishing block with the latest technology Multidrives (M2^®) configuration; Danieli Structure Control (DSC^®) water cooling line; and four-pass reducing and sizing Twin Module Block (TMB^®) equipped with an individual drive control system. The vertical coil-compactor will be supplied by specialist Swedish Sund-Birsta, part of Danieli Group.

The second order is from Habaş Sınai ve Tibbi Gazlar İstihsal Endüstrisi, which ordered a new Danieli wire rod line, slab caster electrical and automation system, along with technological packages to be installed in the company’s Aliaga steelmaking plant. The wire rod line will produce a wide range of steel grades/products—and medium-carbon steel, welding wire, high-carbon and PC wire and reinforcement steel—at a maximum rolling speed of 110 m/sec. Startup is scheduled for the third quarter of 2021.

NKT reports that it has become the first major power cable manufacturer to join an initiative to become a net-zero emissions company.

A press release said that NKT has already committed to annually reducing its own greenhouse gas (GHG) emissions by 5%, in line with the Paris climate agreement to keep global warming to 1.5°C above pre-industrial levels. “Now, the company commits to the Science Based Targets initiative (SBTi) with the aim to set its net-zero deadline as soon as possible, with 2050 as the ultimate close.” To that end, the company commits to reduce its CO₂ emissions by 5% on average annually.

“I am proud that we are the first major power cable manufacturer to commit to this verified and approved method for responsible climate actions, and it is a strong signal to our stakeholders that we are fully committed to accelerate the sustainability journey,” said NKT President & CEO Alexander Kara. He noted that last year, the company announced that all its power cable plants will run on electricity from renewable energy sources, reducing CO₂ emissions from its annual energy consumption by 66%, or over 48,000 tons compared to 2019.

Separately, NKT runs several decarbonization initiatives, including reduction of fuel consumption and dedicated projects to increase the energy efficiency of the cable manufacturing industry. It also recycles materials such as XLPE and metals from the production of power cables, which helps reduce emissions from traditional waste management.

The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature. Over 1,000 companies have committed to set science-based emissions reduction targets.

The U.S. Department of Commerce (DoC) announced that it has made affirmative final determinations in the antidumping duty (AD) investigations of prestressed concrete steel wire strand (PC strand) from Argentina, Colombia, Egypt, the Netherlands, Saudi Arabia, Taiwan, Turkey and the United Arab Emirates, as well as a countervailing duty (CVD) investigation of PC strand from Turkey.

A press release said that the exporters from the countries listed below have dumped PC strand in the United States at the following rates: Argentina, 60.40%; Colombia, 86.09%; Egypt, 29.72%; the Netherlands, 30.86%; Saudi Arabia, 194.40%; Taiwan, 23.89%; Turkey, 53.65%; and UAE, 170.65%. DoC also determined that exporters from Turkey received countervailable subsidies at rates ranging from 30.78% to 158.44%.

The petitioners were Insteel Wire Products Company, Sumiden Wire Products Corporation and Wire Mesh Corporation.

The U.S. International Trade Commission (ITC) was scheduled to make its final injury determinations on or about Jan. 21, 2021. If it upholds the findings, DoC will issue AD and CVD orders. DoC is also conducting concurrent AD investigations of PC strand from Indonesia, Italy, Malaysia, South Africa, Spain, Tunisia, and Ukraine. Final determinations are set for April 6.

Sweden’s Hexatronic Group AB reports that it has won orders for submarine cable with a total value of approximately $8 million.

A press release said that Hexatronic Cables & Interconnect Systems AB, a subsidiary of Hexatronic Group AB, concluded several agreements for fiber optic submarine cable from unnamed new customers in Europe. Deliveries are planned to be completed in 2021. “We are very happy with the agreements, which (are) proof of the market’s confidence in our broad offering in submarine cable,” said Hexatronic Group AB CEO Henrik Larsson Lyon.

The company also recently reported the completion of a majority acquisition of Qubix SpA, an Italian supplier of structured cabling for telecommunication infrastructure in buildings and on campuses. Its products include optical cables for high fire risk environments. It offers structured copper cabling solutions under the CCS^® brand.

A press release said that Euromicron Holding GmbH sold the 90% it owns of Qubix for approximately €14.4 million. Qubix was established in 2001 as a spin-off of a cable manufacturer. Its founder and general manager, Filippo Gnocco, will continue in his current position and remain a minority shareholder with 10% of the shares. Most of Qubix’s sales are in the Italian market, and it generated an EBITDA of €3.8 million in the last 12 months.

Brazil’s Gerdau SA announced through a subsidiary, Gerdau Aços Longos, that it has completed the acquisition of long steel producer Siderúrgica Latino Americana (Silat) from the Spanish group Hierros Añón, securing final approval from Brazil’s Administrative Council for Economic Defence (Cade). The purchase of 96.35% of Silat carried a value of approximately $111 million.

A press release said that the Silat acquisition is part of a long-term effort to define the organization’s strategy in the years ahead, reinforcing its position in the steel value chain through investments and acquisitions. The deal is also a strategic expansion opportunity in the Northeast, since the company already has an industrial unit in Ceará, in the city of Maracanaú.

Silat has 233 employees (its own and third parties), and has an annual installed rolling capacity of 600 thousand tons and an expanded plant capable of producing 100 thousand tons each year. Focused on the civil construction sector, the company has since 2012 been in Ceará, where it produces rebar, welded mesh, steel mesh and trusses.

“This acquisition is a project with good potential for Gerdau, which should contribute to the development of a culture of innovation in the company,” said Marcos Faraco, vice president of Gerdau Aços Brasil, Argentina and Uruguay.