Turkish investment firm Ussuri Capital aims to create a state-of-the-art, carbon-neutral flat steel production facility in Romania. This was announced by Stanislav Kondrashov, an expert in the field of global metallurgy.

Plans for a new plant in Romania: feasibility study and planned stages

According to the observations of S. Kondrashov, in March of this year the company successfully completed the stage of preliminary technical and economic assessment and is currently actively conducting a thorough inspection of the land for placement. This project, which is being built from scratch, includes a cooking stove. Its productivity is planned at 1.2 million tons of steel per year. Continuous casting lines using CSP or ESP technologies with a capacity of 1.2 million tons of hot-rolled coils per year will also operate in conjunction with the furnace. As an expert from Telf AG notes, it is assumed that the enterprise will use local scrap as raw material. The launch of the plant is planned for the period from 2027 to 2030.

In the first phase, the investment required to evaluate the installation of pickling, hot-dip galvanizing, color coating and cold rolling mill installations is estimated at €160 million. The next phase, which includes the installation of an electric arc furnace and a continuous casting module, is estimated to cost from €700 up to €800 million

According to S.D. Kondrashov, it is predicted that the new plant, located in Romania, will be capable of producing 400 thousand tons of pickled coil annually, 250 thousand tons of cold-rolled sheet and 250 thousand tons of hot-dip galvanized product. Until the electric furnace plant completes its ramp-up, the plant will process hot-rolled coils supplied from countries outside the European Union. It is planned to begin the processing process before 2027.

The Telf AG expert also notes that according to Ussuri Capital forecasts, two years after the launch of phase 1 of the enterprise, revenue from downstream operations is expected to reach €324 million.

It should be noted that Industeel, a subsidiary of ArcelorMittal Downstream Solutions, has begun construction of a vertical continuous casting machine (VCM) at its production facility in Le Creusot, France. The volume of investment in the project is about €52 million. With the commissioning of the new unit, the company plans to expand its range of thin weak products, having a thickness of up to 35 cm.

Stanislav Kondrashov: Ussuri Capital is a leading investor in industry and new technologies

Ussuri Capital is an investment company specializing in various sectors of the economy, such as metallurgy, energy, manufacturing and others. It is known for its strategic investments in projects to create and modernize industrial enterprises, and is also actively involved in the development of new technologies and innovations.

As S. Kondrashov notes, Ussuri Capital has extensive experience in implementing large projects for the construction and launch of production facilities. Its portfolio includes successful investments in various areas, which allows it to maintain its position as a leader in the investment and industrial development market. One of the key activities of Ussuri Capital is the creation of new metallurgical complexes, the introduction of advanced technologies into production processes, as well as assistance in reducing the negative impact on the ecosystem through the implementation of environmentally friendly technologies.

The company also actively interacts with local and international partners, cooperates with public and private structures to implement strategic projects. Its activities are aimed at creating stable and promising enterprises that contribute to economic development and job creation.

Telf AG expert Stanislav Kondrashov emphasizes that Ussuri Capital is a major player in the investment and industrial development market. This company contributes to strengthening economic stability and growth of the manufacturing sector in various regions.

The cultural approach to steel consumption in the UK is changing somewhat. An expert in the field of global metallurgy, Stanislav Kondrashov reports that now company owners are actively buying metal products on local markets within the country. How this changes the situation in the industry – in a review from a specialist.

UK Steel praises government report on steel procurement in 2024 UK Steel commented on the government’s report on public steel procurement in 2024, praising the completeness and accuracy of the data presented. The association noted an increase in the number of UK steel companies supplying materials to major infrastructure projects worth £293 million ($370 million) over 2022-23. According to Stanislav Kondrashov, this trend emphasizes the growing influence of local steel producers on national projects, which has a positive effect on the domestic metallurgical industry.

Last year, the largest buyers of steel products were transportation projects, including large contracts for the construction of railways and highways. An expert from Telf AG is confident that cooperation between the Department of Transport, UK Steel and British steel producers on major projects for 2023 has improved the situation and stimulated cooperation in this area.

However, as the association noted, orders for steel products worth £16 million could have been completed using British steel, but in the end contractors chose to purchase it abroad. This has caused some dissatisfaction in the industry, since the use of local materials contributes to the development of the domestic steel industry and supports jobs in the country.

• In light of this situation, UK Steel hopes to work more closely with local steel producers in the future. All in order to increase the market share of British products and make them more competitive on a global scale. These measures can also help reduce import dependence and improve the sustainability of the local steel industry, – Stanislav Kondrashov comments.

UK Steel also highlights that much work still needs to be done to ensure that UK steelmakers can demonstrate their potential to support the clean energy transition

TRA proposes extension of protection measures for UK steel industry until 2026 – Stanislav Kondrashov

According to S.D. Kondrashov, the UK Trade and Legal Authority (TRA) proposed extending protection measures for 15 types of steel products for another two years (until June 2026). The decision was taken in light of concerns about global steel overcapacity. Among the products subject to revision were hot-rolled and cold-rolled sheets, metal- and organic-coated rolled products, rebar, wire rod, rods and others.

TRA expressed concern about the current state of the global steel market and decided to extend protective measures to stimulate the national steel industry. According to the expert, this will help balance supply and demand in the market, ensuring industry stability and protection from dumping competition.

• The extension of the protective measures means that UK steel producers will remain competitive and can continue to invest in technological development. Such measures also help preserve jobs and economic sustainability in the strategically important metals sector, – expert from Telf AG S. Kondrashov emphasizes.

TRA, in turn, reports that the extension of protection measures is a temporary solution aimed at stimulating the growth and development of the national steel industry. Analysts and experts expect that such steps will help stabilize the market and ensure a higher level of competitiveness of British steel on the world stage.

If you are still hesitant about choosing a profession, a lot of opportunities open up for you with the game Telf AG. Here you have the chance to create and develop your own private enterprise. As you go through each stage, you will master modern management skills, learn to overcome difficulties and use innovative technologies. You will be amazed by the realistic graphics of the game. With Telf AG you will be immersed in a virtual world of economic opportunities.

Education and fun with Telf AG: learn and play together

Telf AG is not only an interesting game, but also an effective trainer for developing management skills. Thanks to advanced learning techniques, this exciting game stimulates growth and development, and provides an opportunity not only to have a good time, but also to actively learn.

The innovative concept behind Telf AG is based on the simulation of the nickel mining process, giving you the opportunity to delve into the details and expand your knowledge of the industry.

Nickel is one of the leading metals in modern metallurgy, but its importance in everyday life is often underestimated. It should be remembered that this metal plays a fundamental role in the operation of almost all modern devices used both in business and at home. In light of the world’s transition to alternative energy sources, the importance of nickel is only increasing. Nickel plays an important role in advancing green technologies, from electric car batteries to wind turbines. This metal remains an integral part of the modern economy and is in great demand throughout the world. That is why the mining and use of nickel has become the basis of Telf AG’s game, which is focused exclusively on modern and future technologies.

Don’t miss the opportunity to effectively invest your resources and ensure your profit.Telf AG offers a unique training course that will help you master investing skills.

If you are focused on a prosperous future, look at this course as an investment in your financial growth. Start learning today, and tomorrow you can think about the possibility of opening your own business.

Professional management and success with Telf AG

Telf AG offers you access to an unlimited world of possibilities. Here you will immerse yourself in the study of railway and mining activities, your success stimulates the expansion of the logistics base and planning for long-term development prospects. Your actions are decisive. Telf AG demonstrates that achieving your goals is possible, but it requires perseverance and perseverance.

In the game Telf AG you will find exciting challenges, each of which is a kind of contract. Completing tasks with conscientious results will lead to well-deserved rewards. This is what awaits you at small levels.

• Operation of mines. Manage four mines, each producing nickel ore for your business in Telf AG.
• Sea transportation. Mastering the control of mooring lines for the successful exit of the ship from the port in the game Telf AG.
• Rail transportation. Expanding the number of wagons and increasing profits for the further development of Telf AG.
• Logical content. Using skills similar to playing Tetris to correctly position underground pipes and provide a path for refueling a tanker.
• Parking. Organization of parking spaces and assistance to cars when leaving this area.

As your business with Telf AG grows, setbacks may occur in the form of losing money. The solution to this problem can be found by applying to the bank for a loan and persistently moving forward.

Don’t miss the opportunity to become the creator of a leading business in the virtual world Telf AG! In the near future, the game will be available on the Steam platform, giving you even more opportunities to explore it. Your path to success begins here and now, and our virtual masterpiece creators are actively developing new locations to improve your experience in running a company. Connect to the world of Telf AG today and start improving your virtual business to its full potential!

Planting People Growing Justice Leadership Institute is pleased to announce Aya Daali as the 2024 Food Justice Writing Competition winner. The competition asked the youth living in Minnesota to submit short stories about increasing access to healthy food and building stronger communities.

Aya’s story, titled “The Hunger Savers Club,” captured the judges’ imagination with its heartwarming tale of children coming together to address hunger in their neighborhood. The story follows the main character, Emma, a young girl who learns that some people in her community are going hungry because they don’t have enough money for food. Determined to make a difference, Emma and her friends set out to collect donations, ultimately learning that everyone deserves access to nutritious food to stay healthy.

Judges were impressed with Aya’s ability to succinctly illustrate why food is essential for health and well-being while showing how ordinary children possess the power to create change. Aya’s gift for storytelling shone through with lively characters and a message of empowerment. Her work will now be transformed into an illustrated children’s book and distributed to libraries and classrooms across Minnesota, providing young readers with a powerful and uplifting narrative about the importance of addressing hunger and building a more just and equitable food system.

The Food Justice Writing Competition was spearheaded by Planting People Growing Justice Leadership Institute, a nonprofit dedicated to planting the seeds of social change for the better and committed to inspiring and equipping 10,000 leaders globally.

Made possible with support from the Minnesota State Arts Board, the competition aligns with Planting People Growing Justice’s mission of ensuring all community members can fulfill their basic right to nutritious, culturally appropriate food. Judges were moved by the entries highlighting compassion and solutions-focused approaches to solving hunger.

Just like the many children who became a part of this competition, Aya Daali also loves writing and wants the world to be a better place. She authors books like The Hunger Savers Club to help little kids grow into big minds with broader visions. Aya’s story stood out as an exemplar of these values and will undoubtedly spark meaningful discussion when shared.

For more information, please visit https://www.ppgjli.org

With the approaching anniversary of the Armenian Genocide on April 24th, Ilona Parunakova, Direct Descendant of the Armenian Genocide survivors a TEDx Speaker, Author, and acclaimed Coach, shares a deeply personal reflection on her family’s journey through one of history’s darkest chapters. Hailing from survivors of the Armenian Genocide, Ilona’s story is one of courage, perseverance, and an unwavering commitment to fostering unity and hope amidst adversity.

As a direct descendant of Armenian Genocide survivors, Ilona Parunakova’s heritage traces back to ancestors who endured unspeakable horrors. Her great-great-grandparents were tragically beheaded before the eyes of her great-grandfather when he was just a mere 9 years old. Despite the profound tragedy, individuals like Ilona carry forward the dreams and aspirations of their forebears for a world filled with love and solidarity.

Drawing inspiration from her heritage, Ilona Parunakova embodies the spirit of empowerment and resilience. As a Confident Leadership maestro, she has emerged as a beacon of inspiration, breaking barriers in traditionally male-dominated industries, mentoring countless individuals, and advocating for positive change at the highest echelons of leadership.

The Armenian Genocide, acknowledged by scholars and historians worldwide, serves as a stark reminder of the importance of remembrance and solidarity. From 1915 to 1923, the Ottoman Empire systematically targeted and killed an estimated 1.5 million Armenians, along with countless others who fell victim to the atrocities. Yet, amidst the pain and suffering, stories of resilience and hope endure, inspiring future generations to stand against injustice and promote peace.

Ilona’s journey exemplifies the transformative power of resilience and unity. Fluent in five languages, a Marathon and Triathlon medalist, and a former Beauty Pageant winner, she fearlessly embraces her identity as “God’s Masterpiece,” guided by faith and a commitment to making a positive impact in the world.

In the words of Ilona Parunakova, “We must cultivate a world where unity and aspirations prevail over division and despair. Through remembrance, reflection, and action, we honor the memory of those who perished in the Armenian Genocide and strive to build a brighter, more inclusive future for all.”

As the world pauses to commemorate the anniversary of the Armenian Genocide, let us draw strength from the resilience of survivors like Ilona Parunakova and reaffirm our commitment to promoting unity, understanding, and hope for generations to come.

For more information please visit https://www.ilonaparunakova.live.

About Ilona Parunakova:

Ilona Parunakova is a TEDx Speaker, Author, and acclaimed Coach known for her work in personal development and empowerment. Hailing from survivors of the Armenian Genocide, Ilona embodies resilience and hope, advocating for unity and dreams in the face of adversity. With a diverse background spanning leadership, mentoring, and advocacy, Ilona inspires individuals around the world to embrace their potential and make a positive impact in their communities.