Metal Ravne steelmakers demand higher salaries (Slovenian)

Metal Ravne  in 2017 at a glance : 

  • 127,000 tons of steel production 
  • 80,000 tons of finished products 
  • Turnover in 2017 :  €175 million
  • Turnover target for 2018 : €200 million
  • employees : 1,100 workers 


Ravne na Koroškem – Med upravo skupine Slovenska industrija jekla (Sij) in predstavniki sindikatov, ki zastopajo zaposlene v njihovih družbah, se odnosi zaostrujejo. Sindikati, naveličani neuresničenih obljub o spremembi plačnega sistema, se bodo prihodnji teden znova sešli z upravo, nato na zborih delavcev iskali podporo za svoje zahteve pri vseh zaposlenih.  »Junija pa … Takrat se lahko marsikaj zgodi. Stvari se morajo premakniti. Uprava samo zavlačuje, mi pa nismo pripravljeni več čakati. Zaposleni ne čutimo gospodarske rasti, pa biContinue reading

Saarland’s Steel Industry is Taking a Stake in the Cybersecurity Rhebo Solution (US)

Rhebo Industrial Protector ensures seamless monitoring of all communication flows in machine-to-machine communications in Industrial Internet of Things (IIoT) environments. All data traffic is analyzed at the content and metadata levels. Undesired changes due to hacker attacks, unauthorized access or network errors, for example, are reported in real time and risks that arise in the context of Industry 4.0 are counteracted.

Along with other prominent investors, SHS Ventures, a venture capital company, has acquired a stake in Rhebo GmbH, a Leipzig-based high-tech company, on behalf of the Saarland’s steel industry.

Rhebo safeguards all control networks of industrial facilities against disruption to operations and cyber attacks. By indicating any unauthorized access or even sabotage, Rhebo significantly improves security and optimizes facility availability by continuously monitoring in real time. Rhebo is listed by Gartner, the global leader in IT market research, as the only German manufacturer of anomaly detection

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Super-Elastic Reinforcement Alloy Which Can Withstand the Impact of Earthquakes (US)

Shahria Alam stands near some of the concrete bridge piers tested at the Applied Laboratory for Advanced Materials and Structures at the University of British Columbia. Alam and a former PhD student have developed a residual drift-based design for concrete bridges that emloys a super-elastic reinforcement alloy.

An engineering professor and his former PhD student at UBC’s Okanagan campus in Kelowna have developed “a residual drift-based design” for concrete bridges that employs a super-elastic reinforcement alloy which can withstand the impact of earthquakes. Conventional reinforced steel, by comparison, sustains “large deformation demand during big earthquakes which causes the steel to strain beyond its elastic limit,” says Shahria Alam, associate professor in the school of engineering at UBC’s Okanagan campus in Kelowna. A case in point is the earthquake that hit Kobe, Japan, in 1995 leaving more than 100 steel reinforced concrete bridges beyond repair. If those bridges were reinforced with a super-elastic memory alloy, they might have only required “minor repairs” because theContinue reading

Fushun Special Steel Faces Specter of Delisting Over Restatements (US)

Shanghai-listed Fushun Special Steel may face delisting warning if it fails to release its 2017 annual report by June 30. (Credit Photo@VCG)

Fushun Special Steel Co. Ltd, the Shanghai-listed arm of embattled Dongbei Special Steel, warned investors it faces the risk of delisting if it misses a June 30 deadline for restating financial reports to correct falsified inventory data. The company “is actively drafting” financial reports for 2017 and the first quarter of 2018. But “there is risk that the work can’t be completed by the deadline and the company may be forced to delist” from the Shanghai Stock Exchange, the company said Monday in a filing. Shares of Fushun Special have been suspended since January after it admitted falsifying inventory numbers. If Fushun fails to release its 2017 annual report by June 30, under exchangeContinue reading

Sidenor Makes its Digital Transformation Thanks to Open Innovation (US)

  • Any entrepreneur, startup, SME, university or technological centre with a solution that makes it possible to improve the company’s productive process can participate in the challenge
  • The winner will create a real pilot test of the winning project funded by Sidenor and earn the opportunity to win a €15,000 prize and access to support from the Biscayan Provincial Council, provided the relevant conditions are met

The technological challenge set by Sidenor through Bizkaia Open Future_ is to optimise its productive processes by implementing new technologies, on its path to digital transformation. Sidenor, a leading European steel company, has adopted the initiative promoted by the Biscayan Provincial Council and Telefónica to seek inside its ecosystem of entrepreneurship, startups, SMEs, universities and technological centres a solution based on new technologies that will optimise its production process. The winners of this challenge, set through the global Telefónica Open Future_ platform, will be able to carry out real pilot testing – funded by Sidenor – of the winningContinue reading

Thor Mining welcomes inclusion of tungsten on US critical minerals list (US)

Exploration and development company Thor Mining welcomed the inclusion of tungsten on the US department of the interior’s list of critical minerals. Tungsten had been under consideration for the list for months and its inclusion is important for Thor as the resource is the primary resource material at the AIM traded firm’s wholly-owned Pilot Mountain project in Nevada, which also contains copper and silver. Mick Billing, chairman of Thor Mining, said: “With Pilot Mountain situated in the State of Nevada, a longstanding miningContinue reading

Jet engines help power cobalt to 10-year highs (US)

This year, consultants at Roskill see a small surplus followed by a deficit of 1,200 tonnes next year. They see cobalt metal production at 45,100 tonnes this year and cobalt chemicals at 70,400 tonnes. “One problem is most new cobalt production is aimed at electric vehicles, where there are no shortages, yet,” a source at one cobalt producer said. Superalloys account for about half of cobalt metal demand. Manufacturers include firms such as Precision Castparts, bought by Berkshire Hathaway in January 2016, Cannon Muskegon, and Allegheny Technologies. Cobalt industry sources say shortages have been exacerbated by a lack of good quality superalloy scrap or revert. “Typically, in one tonne of alloy, 50 percent would have been revert and 50 percent new metal. Now they are having to use more new metal because it’s not being recycled quickly enough,” a cobalt industry source said. The alloys are used by jet engines makers Rolls Royce, Pratt Whitney and CFM International, a joint venture between GE and Safran, to power planes built by Airbus and Boeing. (On photo Cobalt Superalloys breakdown by applications according to ResearchInChina)

LONDON (Reuters) – The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it is used in rechargeable lithium-ionContinue reading

Tesla and SpaceX are partnering up to create new materials to use on Earth and in space (US)

It started just over two years ago when we reported in an exclusive report that Musk hired Apple’s alloy expert Charles Kuehmann to lead materials engineering at both of his companies simultaneously. Kuehmann earned a PhD in Materials Science & Engineering from Northwestern University in 1994 and co-founded QuesTek two years later with four other colleagues affiliated with Northwestern University to commercialize the work of his mentor and pioneer in the field of computational materials design; Prof. Gregory B. Olson, who has been called the “father of materials design” by the American Academy of Arts and Sciences. At QuesTek, he went on to successfully develop and commercialize not only several new materials engineering tools and processes, but also numerous new alloys based on a number of different elements including Al, Co, Cu, Fe, Mo, Ni, Nb, Ti, and W.

Elon Musk has been trying to create some synergy between his seemingly unrelated companies, Tesla and SpaceX. The CEO might have found one way to help both companies: combining their efforts to create new materials that could be used both on electric vehicles and renewable energy products on Earth, as well as in spacecraft and rockets in space. Tesla and SpaceX have been building material engineering teams to develop new advanced Continue reading

Putin wins powers to impose tit-for-tat sanctions on west (US)

Moscow had threatened to stop titanium exports to the US — a move that would hurt aerospace company Boeing, which buys about 35 per cent of its titanium from Russia’s VSMPO-Avisma — and ban imports of drugs, alcohol and tobacco. Those measures did not survive in the final version of the bill passed on Tuesday. Instead, the legislation gives Mr Putin the power to choose which sectors and products will be affected and allows the Kremlin to “ban or suspend co-operation with a hostile state”. (Credit Photo @ VSMPO)

Kremlin bill allows selected US targets but highlights Moscow’s limited options

Russia’s parliament has passed a sweeping bill that gives the Kremlin the power to ban selected exports to the US and curb imports from western countries, as Moscow seeks to hit back against US sanctions imposed on oligarchs and leading companies last month. The legislation, the latest in a series of tit-for-tat moves introduced by Moscow and western Continue reading