PSI Blog

Energy-Forecast-PSI-Metals

Maximize Efficiency and Reliably Adapt Metals Production Schedules to Energy Availability (Part 2)

06 Jan 2023, Energy, Production

Government regulations and sustainability measures impose cost pressure on steelmakers but also drives the trend towards more efficient energy consumption. When it comes to efficiently managing energy consumption and scheduling production, steel producers face enormous challenges due to their complexity, requiring high level of expertise and big data. However, steelmakers can still reliably derive their energy consumption values and successfully adapt their production schedules to energy availability.

Predictive Maintenance - Optimize Holistically with AI

22 Sep 2022, Artificial Intelligence, Production, Technology

Ensuring high plant availability and minimizing maintenance costs at the same time is a balancing act. The complexity of this area of tension grows with the size of the plant network and the resulting increase in the number of combined, in some cases contradictory, influencing factors. More and more companies are therefore turning to predictive asset management to analyze complex plant systems precisely and in real time and to operate them in an optimized manner.

AISTech 2022 – Hitting the Ground Running with Expert Information

25 May 2022, Industry 4.0, Technology

AISTech 2022 returned to Pittsburgh, PA and recorded the largest number of attendees, ranging from 7,500 to 8,000. It was held at the David Lawrence Convention Center and included an exhibition, panel of discussion, training programs, and presentation of technical papers. A number of topics were discussed, with PSI Metals participating with 3 technical presentations from our experts on the first day of the event. 

©Kanrawee Jinpanich/iStock

Sustainable Steel Production – Let’s Pick the Low-Hanging Fruits

01 Apr 2022, Industry 4.0, Production, Technology, Sustainability

Steel is a vital material for a modern, industrialized economy and the backbone of global sustainable initiatives. But the steel industry is also one of the world's most energy-intensive industries. Steelmakers are increasingly making decarbonization of production their global priority. But you don't even have to reach deep into the Industry 4.0 toolbox to discover low-hanging fruits that can be implemented quickly and cost-effectively to improve production efficiency and thus contribute to decarbonization. 

The Synthesis of Autonomous and Adaptive Scheduling - Smart Agents for Smart Production Planning

06 Oct 2021, Research, Industry 4.0, Production, Sustainability, Technology, Artificial Intelligence

Production planning is one of the most complex industrial challenges of the steel industry. To address this complexity, metals manufacturers have developed several IT solutions and business processes. However, in addition to complexity, the production process is systematically affected by unpredictable events. In most plants today, responding to production disruptions is a human decision made by operators - often leading to response time issues that can cause production downtime and additional costs. The smart agent technology provides a remedy.