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French stainless scrap prices increase
Fri, 06 Jan 2023 00:00:00 GMT
Stainless steel scrap prices in France are increasing by some 50/tonne ($53) month-on-month, less than initially expected. The hike is due to low material availability but also skyrocketing prices of molybdenum and volatile nickel values, market participants tell Kallanish. Activity in France will be at normal levels in January. Mills are paying for grade

India plans to double steel production capacity by 2030
Fri, 23 Dec 2022 00:00:00 GMT
The Union Minister of Steel and Civil Aviation, Jyotiraditya Scindia has urged the Indian steel industry to move towards green and low carbon emitting production processes. The minister emphasized on the growing role of steel as the foundational force for the development of a nation. Scindia added that as the fifth largest economy and second largest producer of steel, India needs to also become a responsible and sustainable producer of steel. Talking about the enhanced consumption and

Forged Solutions Group Acquires Steel Industries
Fri, 18 Nov 2022 09:00:00 GMT
Forged Solutions Group Inc. (FSG), a provider of complex, precision forged rings and closed-die products to aerospace and defense customers, acquired Steel Industries Inc. Headquartered in Redford, Mich., Steel Industries is a vertically integrated manufacturer of open-die forgings and seamless rolled rings for the aerospace, defense, space and industrial markets. Since 1913, Steel Industries has forged components for the most demanding end-use applications. Steel Industries offers forging, heat-treating, machining and finishing services.

Ifm partners with Vipac to offer a combined service solution
Fri, 18 Nov 2022 00:00:00 GMT
Automation solutions provider ifm has announced a new partnership with Vipac Engineers & Scientists a multidisciplinary consultancy providing noise/vibration analysis and investigation capabilities across projects in mining, oil and gas, building and infrastructure, transport and defence.

Pinnacle Aerospace to build manufacturing plant in Kansas
Tue, 01 Nov 2022 14:05:00 GMT
Pinnacle Aerospace has announced plans to build a $15 million facility in Wellington, Kan., for manufacturing and assembling complex metal components for commercial and military aircraft and the space

Timken Completes Sale of Aerospace Drive Systems Business
Tue, 01 Nov 2022 00:00:00 GMT
Timken Completes Sale of Aerospace Drive Systems Business

Support for Ukraine: Metinvest Allocates UAH 2.1 Billion to Help ...
Mon, 31 Oct 2022 11:48:53 GMT
Metinvest, owned by Rinat Akhmetov and Vadym Novynskyi, has reliably supported Ukraine in economic, defence and social matters since the beginning of the full-scale war. During the first 250 days of Russian aggression, the Group spent UAH2.1 billion to support the army, civilians and its

Titanium Producer Orders Forging Machines
Wed, 12 Oct 2022 08:00:00 GMT
Perryman Company, a titanium producer based in Houston, Pa., placed an order with SMS group for the supply of two forging machines. The order includes a 40/45 MN high-speed open-die forging press in the pull-down design and an SMX 500/15 MN hydraulic radial forging machine with two forging manipulators. Perryman also ordered a production control system for the entire forging line. The open-die forging press will be used to forge cast titanium billets to the required size so that, in the next step, they can be finish-forged in the radial forging machine to produce bars (round, square or flat) up to a maximum length of 550 inches (14,000 mm).

Southern Europe rebar prices rise despite weak end-user consumption
Fri, 09 Sep 2022 00:00:00 GMT
Trading activity remained slow across Southern Europe in the week to Wednesday September 7. Long and flat steel producers continued to reduce production to manage skyrocketing energy costs in the region. Despite the slow market, mills have continued to target higher prices to pass on costs to consumers, Fastmarkets heard. Uncertainty about how high

Alloy Verification in Metal Fabrication: From Handheld to In ...
Wed, 17 Aug 2022 14:11:00 GMT
The need for 100% measurements and alloy verification is essential for quality assurance and quality control (QA/QC) procedures in metal manufacturing. The aerospace, power generation, petrochemical, and other critical industries have QA procedures that must be adhered to throughout the supply

Hydro to invest NOK 500 million in recycling at Cressona, Pennsylvania ...
Fri, 05 Aug 2022 00:00:00 GMT
Hydro will invest NOK 500 million in its extrusion plant in Cressona, Pennsylvania. The investment will expand the sites recycling capabilities, which include remelt and extrusion billet casting, producing low-carbon aluminium products.

Mining News - Aston Bay jumps on Storm Copper visuals
Tue, 26 Jul 2022 14:36:00 GMT
Aston Bay Holdings Ltd. shares rocketed 33% on Monday on the news of visual confirmation of strong copper mineralization encountered in the first two holes American West Metals Ltd. drilled this year at Aston's high-grade Storm Copper Project on Somerset Island, Nunavut. Australia-based American West, which optioned Storm and the neighboring Seal Zinc project from Aston Bay early last year,...

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