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Design for stamping manufacturability begins with function
Mon, 12 Apr 2021 13:00:00 GMT
The process of stamping parts from the initial request for quote (RFQ), through the tooling design/build process, and finally, to the stamping production can be a long and winding road with a large gap between what is designed and what can be manufactured. Knowing a features function during the tool tryout processor better yet at the time of RFQcan help a tooling house wring out cost and smooth an operation. Which costly features and dimensional criteria may be unnecessarily complex or

BAMIN wins bid to operate FIOL railway, a boost to ERGs iron ...
Sat, 10 Apr 2021 00:00:00 GMT
Eurasian Resources Group (ERG or the Group), a leading diversified natural resources producer, and its wholly-owned Brazilian subsidiary BAMIN, today announced that BAMIN has won the auction on the Bovespa (So Paulo Stock Exchange) to complete and operate the first 537 km stretch (FIOL Stage 1) of the FIOL (East-West Integration) railway. FIOL will provide a high capacity and low cost link between ERGs Pedra de Ferro mine in Caetite and its Porto Sul port in Ilhus, Bahia state. The

Volvo Group and SSAB to collaborate on the worlds first vehicles ...
Thu, 08 Apr 2021 00:00:00 GMT
Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production and commercialization of the worlds first vehicles to be made of fossil-free steel. Volvo plans already this year to start the production of concept vehicles and components from steel made by SSAB using

Ukraine: Interpipe to construct new pipe heat treatment line
Wed, 07 Apr 2021 10:02:40 GMT
Interpipe Niko-Tube will construct a new line of pipe heat treatment. This will allow the company producing pipes according to API 5CT and API 5L. The equipment for the line will be supplied by Danieli SC Officine Meccaniche S. P. A. The capacity of the line will reach 170.27 tons of seamless pipes with

Iron ore bonanza to deliver until 2022 as supply squeeze lingers
Wed, 07 Apr 2021 00:00:00 GMT
Australias biggest miners are poised to benefit from better-than-expected iron ore prices for at least the rest of the year as global ratings agency S&P upgrades its forecasts for the key steel-making raw material. After surging Chinese steel output in 2020 propelled iron ore prices to a 10-year high and delivered bumper returns to shareholders of BHP, Rio Tinto and Fortescue, S&P Global on Friday upgraded its price assumption for the commodity from $US100 a tonne to $US130 a tonne

Stocks to watch: Tata Motors, RIL, Adani Enterprises, Britannia ...
Mon, 05 Apr 2021 00:00:00 GMT
MCL, a subsidiary of Coal India Ltd, on Friday said it has posted a record production of148.01 million tonne and achieved the highest-ever dispatch

JSW Steel commences production of hot-rolled plates from Dolvi ...
Thu, 01 Apr 2021 00:00:00 GMT
JSW Steel has commenced production of Hot-rolled plates from the new 5 million tonne per annum hot strip mill facility at its Dolvi Works, the company said in a BSE

ArcelorMittal to invest over Eur1 billion to speed up CO2 reduction
Wed, 31 Mar 2021 00:00:00 GMT
Steelmaker ArcelorMittal has announced a long-term project to propel its sites at Bremen and Eisenhttenstadt in Germany towards sustainability, involving capital expenditure of between Eur1 billion and Eur 1.5 billion. With our concept for the transformation of the plants in Bremen and Eisenhttenstadt, we are accelerating the implementation of carbon-neutral steel production, ArcelorMittal Flachstahl

ArcelorMittal specifies costs of DRI conversion in Germany
Wed, 31 Mar 2021 00:00:00 GMT
The conversion of ArcelorMittals German integrated mills in Bremen and Eisenhttenstadt to make direct reduced iron will result in steel production costs that are around 60% higher than they are today. The company is therefore pleading for the necessary political support and access to funding, to make the implementation of our plans happen,Kallanishreads in

Iron ore heads for first weekly gain in four on China steel demand
Sat, 27 Mar 2021 00:00:00 GMT
Asias benchmark iron ore futures advanced on Friday and headed for their first weekly jump in four, as declining steel inventories and rising demand in China lifted sentiment toward the steelmaking ingredient. Stocks of the five major finished steel products held by 184 Chinese mills regularly surveyed by Mysteel consultancy slipped for the fifth week over March 18-24, declining by 3.3% on a weekly basis on robust domestic demand. The steady decline in mills stocks signalled that the peak

JSW Steel plans to achieve 45 MTPA capacity well before 2030 ...
Fri, 26 Mar 2021 00:00:00 GMT
In a letter to BPSL employees, JSW Group Chairman Sajjan Jindal said your contribution will be key in bolstering our ambitious growth plans of achieving 45 MTPA capacity well ahead of the 2030 timeline. The synergies we draw will also play a pivotal role in transforming the lives of millions of our

SAIL's Rourkela steel plant crosses 92 MT of crude steel production
Wed, 24 Mar 2021 00:00:00 GMT
Despite the adverse impact of the COVID-19 pandemic and economic slowdown, Rourkela Steel Plant (RSP) has set a record by producing 92 million tonnes of crude steel production on March 21, officials

Number of steel production news reports: 12
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