• Title/Summary/Keyword: Steel Companies

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A Study on the Spillover Effect of Information between Factors Related to Steel Materials and BCI (제철원료 관련 요인과 BCI 간의 정보전이 효과에 관한 연구)

  • Yo-Pyung Hwang;Ye-Eun Oh;Keun-Sik Park
    • Korea Trade Review
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    • v.47 no.2
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    • pp.133-154
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    • 2022
  • The Baltic Capesize Index (BCI), which is used as an indicator for marine transportation of steel raw materials, is one of the key economic indexes for managing the risk of loss due to rapid market fluctuations when steel companies establish business strategies and procuring plans for raw materials. Still, the conditions of supply and demand of steel raw materials has been extremely affected by volatility shocks from drastic events like the financial crisis such as the Lehman Brothers incident and changes in the external environment such as COVID-19. And, especially since the 2008 financial crisis, endeavors to predict the market conditions of the steel raw material is becoming more and more arduous for the deepening uncertainty and increased volatility of BCI, which has been used as a leading indicator of the real economy. This study investigates the correlation between the steel raw material market and the marine transportation market by estimating the spillover effect of information between markets. The vector error correction model (VECM) was used to analyze information transfer based on the correlation between the BCI and crude steel production, capesize fleet supply, raw material price, and cargo volume.

Comparative Study of Beams made up of Fire Resistant Steels (내화강재 적용 단순 보부재의 고온 거동 비교 연구)

  • Kwon, In-Kyu
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.111-112
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    • 2017
  • Fire is very serious condition in steel based structures. Therefore, to enhance the structural stability of columns and beams in high temperatures, fire resistant steels and TMC fire resistant steels are developed from steel manufacturing companies. In this study to evaluate the structural stability and compare the resistant performance, a fire engineering design method was applied and fire resistant steels showed the better performance than other two materials.

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Comparative Crashworthiness Assessment of the ULSAB-AVC Model with Advance High Strength Steel and with Low Strength Steel (고강도 강판 ULSAB-AVC 모델과 일반강판 모델의 충돌성능 비교 평가)

  • Yoon, Jong-Heon;Huh, Hoon;Kim, Se-Ho;Kim, Hong-Kee;Park, Seung-Ho
    • Transactions of the Korean Society of Automotive Engineers
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    • v.14 no.3
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    • pp.22-27
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    • 2006
  • As the regulation and assessment program for safety of passengers become stringent, automakers are required to develop lighter and safer vehicles. In order to fulfill both requirements which conflict with each other, automobile and steel companies have proposed the application of AHSS(Advance High Strength Steel) such as DP, TRIP and martensite steel. ULSAB-AVC model is one of the most remarkable reactions to offer solutions with the use of steel for the challenge to improve simultaneously the fuel efficiency, passenger safety, vehicle performance and affordability. This paper is concerned with the crash analysis of ULSAB-AVC model according to the US-SINCAP in order to compare the effectiveness between the model with AHSS and that with conventional steels. The crashworthiness is investigated by comparing the deformed shape of the cabin room, the energy absorption characteristics and the intrusion velocity of a car.

Optimum Design of Steel Box Girder Considering Dynamic Characteristics of LRT with Rubber Wheel (경량전철 고무차륜 AGT 하중의 동적특성을 고려한 강박스거더의 단면 최적설계)

  • Lee Hee-Up;Lee Jun S.;Bang Choon-seok;Choi Il-Yoon
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.1197-1204
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    • 2004
  • The metropolitan cities and operation companies of urban transit railway are driving to construct the LRT(light rail transit) system because of the advantage of construction cost and environmental serviceability. This study suggests the optimal design method of steel box girder considering dynamic characteristics of LRT with rubber wheel. The behavior and design constraints are formulated based on the structural design criteria for LRT. Genetic algorithm is applied to the minimum weight design of structural system. A typical example is solved to illustrate the applicability of the proposed minimization algorithm. From the results of application example, the optimum design of steel box girder is successfully accomplished. Therefore, this system can act as a consultant to assist novice designers in the design of steel box girder for LRT with rubber wheel.

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Comparative Analysis of Models used to Predict the Temperature Decreases in the Steel Making Process using Soft Computing Techniques (철강 생산 공정에서 Soft Computing 기술을 이용한 온도하락 예측 모형의 비교 연구)

  • Kim, Jong-Han;Seong, Deok-Hyun
    • Journal of Institute of Control, Robotics and Systems
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    • v.13 no.2
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    • pp.173-178
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    • 2007
  • This paper is to establish an appropriate model for predicting the temperature decreases in the batch transferred from the refining process to the caster in steel-making companies. Mathematical modeling of the temperature decreases between the processes is difficult, since the reaction mechanism by which the temperature changes in a molten steel batch is dynamic, uncertain and complex. Three soft computing techniques are examined using the same data, namely the multiple regression, fuzzy regression, and neural net (NN) models. To compare the accuracy of these three models, a limited number of input variables are selected from those variables significantly affecting the temperature decrease. The results show that the difference in accuracy between the three models is not statistically significant. Nonetheless, the NN model is recommended because of its adaptive ability and robustness. The method presented in this paper allows the temperature decrease to be predicted without requiring any precise metallurgical knowledge.

Development and Application of Coating Weight Control Technology

  • Park, Jin-Hyoung
    • Corrosion Science and Technology
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    • v.9 no.4
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    • pp.159-163
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    • 2010
  • Precise coating weight control is very important issue on quality and minimizing operating costs on continuous galvanizing line. These days, many steel making companies are having a new understanding of cost importance by rise raw material prices and customer's requirement for cost reduction. Dongbu steel also meets these situations and decided to develop the technologies. Dongbu Steel developed Integrated coating weight control system jointly with Objective Control Ltd. and installed 2CGL and 4CGL. Several technological functions were developed and realized to achieve true hands-off operation and maximum cost benefit by combining model-based preset and dynamic prediction models. We also installed it on 1 CGL on April, 2008. This paper will present the interface, functions and application result of the integrated coating weight control system including Zn saving and coating weight uniformity.

Developing Strategies for e-partnering between the Steel Company and the Shipbuilding Company (기업간 협업체계 구현을 위한 공급체인 e-파트너링 추진방안)

  • Ahn, Young-Hyo;Sohn, Young-Woo;Whang, Kyu-Seung;Park, Myung-Sub
    • Information Systems Review
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    • v.6 no.2
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    • pp.227-242
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    • 2004
  • With the advent of the digital economy, the business eco-system has been changing from the competition system across individual companies to that of supply chains. Under the rapidly changing business environment, it becomes true that the competitive power of the steel maker depends on the shipbuilding company, an important customer of the steel maker. Accordingly, e-partnering between a steel maker and shipbuilding companies becomes important. Schemes of developing e-partnering are presented as follows: implementation of the inter-communication system, day/sequence order and supply, improvement of infrastructure such as transport, quay etc.

Cost Estimation for ISO 9000 Certification in Japanese Companies

  • Yamada, Shu
    • International Journal of Quality Innovation
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    • v.2 no.1
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    • pp.117-128
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    • 2001
  • It is widely recognized that ISO 9000 certification bring some profits, such as enhancement of quality system and some concerns. Since one of the major concerns is cost for certification, this paper considers the cost for ISO 9000 certification in Japanese companies through review some winning reports and case studies. Specifically, a model that describes the certification activities and their cost is derived through reviewing some winning reports in order to give a framework of cost estimation. Based on the model, we estimate the certification cost in an electric division of a company through an interview survey. Furthermore, we focused on the cost for promotion and administration as a cost for the sake only certification, because these activities will not be needed if a company does not implement ISO certification. It is concluded that this cost may vary approximately 300,000-700,000 (US$) per certification by the interview and telephone surveys to Japanese steel companies.

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A IT Support policy for R&D competence : steel industry case (R&D 역량 강화를 위한 IT 지원정책에 관한 연구 : 철강산업 사례)

  • Kim, Sung-Hong;Kim, Jin-Han
    • Journal of Korea Society of Industrial Information Systems
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    • v.14 no.4
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    • pp.143-152
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    • 2009
  • This paper deals with a case which is focused on the policy development connected with IT, and verify its validity to enhance R&D capability for Korean steel industry. Korean steel industry, which is at a turning point from technological catch-up to technological frontier, should go ahead with open R&D system to be able to connect with other steel companies, universities and laboratories for its capability buildup. To meet such a challenge, IT should act a critical part in R&D capability enhancement. In this study we discuss not only IT-related support policies and validity of proposed policies through priority analysis, but also the role of government, company and academia within the framework of Triple Helix.

A study on material selection for semiconductor die parts and on their modification and manufacture (반도체금형에서 부속부품의 재료선정 및 개선과 제작에 관한 연구)

  • Kim, Sei-hwan;Choi, Kye-kwang
    • Design & Manufacturing
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    • v.8 no.1
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    • pp.27-30
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    • 2014
  • Alloy tool steel such as SKD11 and SKD61 or high speed tool like SKH51 are used as materials for semiconductor dies. Cavities, curl blocks, pot blocks and housings are made from those materials. To make those parts from alloy tool steel or high speed tool, one utilizes discharge machining, and mechanical machining including machining center, milling, drilling, forming grinding and others. In the process of cutting machining and polishing, the die materials become unsuitable for machining owing to bubbles and foreign substances in them, which hinders production process. Therefore, this study focuses on die material selection criteria, and on analysis and comparison of material characteristics to help companies to solve their problems, make die manufacture less burdensome and extend die life.

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