30 Jun 2023, Technology, Production
Metal consumers are interested in the properties of the products they are about to buy. By combining blockchain technology with zero-knowledge proofs, metal producers can successfully provide information about production processes without revealing confidential details about their production processes.
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.
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.
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.
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.
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