Chinese group sparks oversupply fears in steel market (US)

Fears of oversupply in the Chinese steel market, the world’s biggest, rose sharply on Thursday after the country’s largest producer suffered a plunge in profits.

Baoshan Iron and Steel Co, the main listed arm of the world’s second-largest steelmaker BaoWu Steel Group, was hit by slowing demand for the grey metal and higher costs. The 46 per cent plunge in net profits to Rmb2.7bn ($400m) in the first quarter compared with the same period last year adds to supply concerns. The possibility of output exceeding domestic demand in China, which accounts for half of global steel production, raises the prospect of the country again using exports as a pressure valve, flooding international markets with excess material and suppressingContinue reading

Framatome invests €12.6 million on its site of Ugine and inaugurates its new VAR furnace

On Wednesday April 10, the new VAR furnace was inaugurated in the presence of government representatives, elected officials, partners from the Auvergne-Rhône-Alpes region and employees. After two and a half years of work, the Ugine Framatome site (Fuel BU) is now equipped with an additional VAR (vacuum arc remelting) furnace and a new control cabin, allowing various site alloys to be melted using state-of-the art equipment.

“This investment of 12.6 million euros over four years is vital for the sustainability of our activities, serving our customers in the nuclear, aerospace and metallurgical industries,” commented Marc Lo Pizzo, Site Director. “I am proud of this investment, and the professionalism of the teams mobilized to complete this project. This new equipment is an additional way to meet our national and international customers’ needs, and will be a driver of progress and future development for Ugine and its 300 employees”

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The Global Open-Die Forging Market (US)

The global open-die forging industry is looking back to some of the more difficult years in history. However new developments and challenging requirements from the markets lead to an especially increasing demand for high quality forgings. The global open-die forging market reached a volume of 5.2 million tonnes in 2017, an increase of 5% over the year 2016 as selected markets recovered. Overall the main markets for open-die forgings are in different phases of their business cycle. The aerospace industry is promising steady growth, the automotive industry growing Continue reading

Il y a dix ans, 50 % des aciers n’existaient pas (FR)

Une mission sénatoriale sur les enjeux de la filière sidérurgique dans la France du XXIe  siècle est en cours. Pour quoi faire ? Les sénateurs François Grosdidier (LR) et Jean-Marc Todeschini (photo ci-dessus) chacun vice- présidents de cette mission, donnent leur sentiment. Le rapport sera rendu fin juin.

Pourquoi une mission parlementaire sur la sidérurgie du XXIe  siècle ?

Jean-Marc TODESCHINI : la sidérurgie, et donc l’acier, ou plutôt les aciers – on en dénombre plus de 3 500 –, sont indispensables à toute notre industrie ; du BTP aux instruments chirurgicaux en passant par l’automobile, etc. La filière n’est peut-être pas rentable mais elle est primordiale à l’économie de notre nation.

Que découvrez-vous au fil de vos visites et auditions ?

François GROSDIDIER : Trop de gens restent dans l’image de la sidérurgie de papa ou de Zola. Or, il s’agit d’un

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Scientists apply AI to predict material properties (US)

Researchers from Singapore, the U.S. and Russia have developed artificial intelligence that can be applied to materials science, in order to predict and engineer material properties. This could lead to creating new materials with special properties

Technologists at Nanyang Technological University, Singapore have teamed up with scientists at the Massachusetts Institute of Technology and the Skolkovo Institute of Science and Technology to build a machine learning system that is capable of predicting changes to the properties of materials from straining the material. It is hoped that the new approach will lead to the engineering of new materials with tailored properties. Potential applications include Continue reading

POSCO Chairman visits overseas units (US)

POSCO Chairman Choi Jeong-woo, right, shakes hands with an employee at PT Krakatau POSCO in Indonesia, Monday. PT Krakatau is a steel mill set up jointly by POSCO and Indonesia’s PT Krakatau Steel. Courtesy of POSCO

POSCO Chairman Choi Jeong-woo embarked on a tour to the group’s overseas units in Southeast Asian countries, marking his first visit to the outside units as the steelmaking group’s chairman, POSCO said Tuesday. As the first destination of the trip, Choi visited PT Krakatau POSCO, a POSCO steel mill in Indonesia, on Monday and will stay overseas until Friday to drop by a rebar manufacturing body in Vietnam and a Myanmar gas field developed byContinue reading

EcoTitanium: quand le titane s’allie à l’économie circulaire (FR)

Première usine de recyclage de titane aéronautique en Europe, EcoTitanium s’affiche comme un nouvel acteur dans l’approvisionnement de l’industrie aéronautique. Située dans le Puy-de-Dôme, l’entreprise recycle. Et recrute.

Située à Saint-Georges-de-Mons (Auvergne), EcoTitanium est la première usine de recyclage de titane aéronautique en Europe capable de produire des alliages à partir de chutes massives et de copeaux de titane collectés chez les grands constructeurs aéronautiques et leurs sous-traitants.

Des technologies de pointe

Pour cela, la joint-venture d’Aubert & Duval (groupe Eramet) et du kazakh UKTMP International avec l’État français dans le cadre du Programme des Investissements d’Avenir et le Crédit Agricole Centre France, a investi près de 48

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US Air Force Materials Expert Receives The Jaap Schijve Award (US)

Dr. Adam Pilchak has emerged as the United States Air Force’s leading expert in microstructural fatigue and damage tolerance of titanium alloys, which are used worldwide in military and commercial aerospace systems.

The Jaap Schijve Award is an international award presented by The Netherlands Aerospace Centre NLR and Delft University of Technology to promote the disciplines of fatigue and damage tolerance for aerospace applications. Dr. Adam Pilchak of the Air Force Research Laboratory at Wright-Patterson Air Force Base is this year’s recipient of the Jaap Schijve award. The award is based on technical contributions to the advancement of the field of aeronautical fatigue. The award is selected from young researchers all over the world who are early in their career – preferablyContinue reading

U.S-Hired Firm Audits Russia’s Rusal For Compliance With Sanctions Deal (US)

MOSCOW (Reuters) – A firm hired by the U.S. Treasury Department is auditing Russian aluminum giant Rusal to check whether it is complying with the terms of a deal under which Washington agreed to lift sanctions on the company, Rusal said. The audit is the first glimpse of how Treasury is policing whether Rusal and its parent company En+ are adhering to the deal – in particular the stipulation that Russian oligarch Oleg Deripaska’s control over the business be severed. A source familiar with the situation said the audit included checks on the telephone and email records of a small circle of Rusal senior executives and board members to establish whether they remained in contact Continue reading

Universal Alloys Corporation To Build in Vietnam The First Aerospace Components Factory (US)

The construction of Vietnam’s first aerospace component factory in Da Nang city begins on March 29. 

The Universal Alloys Corporation ASIA PTE., LTD (UAC) and the People’s Committee of the central city of Da Nang on March 29 started the construction of an aerospace component factory in the city. The Sunshine factory, the first of its kind in Vietnam, has a registered investment of 170 million USD and aims to produce and install aerospace components from aluminum alloys and composite in service of the industry. It will turn out about 4,000 out of the 5 million aircraft components, all for export. The factory is scheduled to achieve an export value of 25 million USD inContinue reading