Steel Division | Vesuvius 2019 Report

Performance

Our Steel Division reported revenues of £1,195.3m in 2019, a decrease of 3.3% compared to 2018, and 4.4% on an underlying basis. This decrease was due to the deterioration of our markets in the majority of regions during the course of 2019, particularly the high technology segment. In addition, our sales were affected by general destocking throughout the supply chain and the external regulatory environment, which disrupted trade flows.

REVENUE

£m

RETURN ON SALES

%

TRADING PROFIT

£m

Business Units

Steel Flow Control

Vesuvius' Steel Flow Control business unit supplies the global steel industry with consumable ceramic products and solutions used to contain and control the flow of molten steel in the continuous casting process. This process enables steel manufactured from a blast furnace or electric arc furnace to be cast without interruption, whilst protecting it from the atmosphere. Avoiding atmospheric contact is crucial as it significantly reduces contamination and oxidation of the steel.

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Advanced Refractories

Vesuvius’ Advanced Refractories business unit supplies specialist refractory materials for lining steel-making vessels such as blast furnaces, ladles and tundishes, which are subject to extreme temperatures, corrosion and abrasion. Along with these materials, we provide advanced installation technologies (including robots), computational fluid dynamics capabilities and laser systems for measuring refractory wear.

Our main customers are steel producers and manufacturers of steel production equipment.

Steel Digital Services

We offer digitalised solutions to our customers to enable them to make their underlying processes more efficient and reliable.

Digital Services focuses on providing products that enhance the control and monitoring of our customers’ production processes. The products provided by Digital Services include temperature sensors, oxygen, hydrogen and sublance probes, iron oxide and metal sampling for the steel, aluminium and foundry industries.

Steel Manufacturing Process

Steel manufacturing is a highly demanding process for which consistent quality and efficient production is essential. Our products, systems and solutions enable this through every part of the process, from blast furnace all the way to the end of production in the rolling mill.