THE Prysmian group has been contracted by the Turkish
utility TEIAS (Turkish Electricity Transmission Corporation) for
the design, supply, installation and commissioning of a
second high voltage submarine power cable link between
Europe and Asia.
This second link will cross the Dardanelles strait, and will
complement the interconnection that Prysmian is currently
constructing along the same route.
Massimo Battaini, Prysmian’s senior vice president, energy
projects, said: “The first Dardanelles link… represents a
milestone in the cables industry as it is one of the first AC
380kV submarine cable links, using XLPE insulated cables, in
the world. This second award by TEIAS is a tangible sign of
the group’s strong and acknowledged reputation, and of the
trust of the market.”
The link comprises a double AC power transmission circuit of
approximately 4km with a rating of 1,000MW for each circuit
between the substations of Lapseki (Asian side) and Sütlüce
(European side) across the strait.
The 380kV XLPE insulated cables will be manufactured in the
production unit in Pikkala, Finland.
Prysmian Group – Italy
Website
:
www.prysmian.comTurkish (cable) delight
China exports
Steel producers in China have increased their exports during
2014. During the ten months up to October, Chinese exports
of steel products totalled 73.8 million tons, an increase of
42.2 per cent from the same period last year, and exceeding
the previous high set in 2007.
In October, export volumes reached a new single-month
record of 8.55 million tons.
Falling domestic prices of steel have widened a price gap
between China and foreign markets. On average, Chinese
steel for export commands an estimated premium of $244
per ton over steel sold on the domestic market, which is
suffering from overproduction.
According to the China Iron and Steel Association the top
three destinations for Chinese steel exports during the first
nine months of the year were members of the Association of
Southeast Asian nations, South Korea and the Middle East.
Exports to the European Union, the USA, Taiwan and other
markets are likely to show an increase of up to 60 per cent.
As China’s steel exports grow, so too may friction with
trading partners. In November, the US department of
commerce imposed anti-dumping duties on Chinese steel
wire, having determined it was being sold in the USA at less
than fair value. In August the European Union began an
investigation into possible dumping of electrical steel sheet
by Chinese producers.
China Iron and Steel Association – China
Website
:
www.chinaisa.org.cnIndustry
news
20
Wire & Cable ASIA – March/April 2015
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