Kobe Steel to increase production capacity of steel powder plant (US)

February 7, 2019 – Kobe Steel, Ltd – TOKYO, February 7, 2019 — Kobe Steel, Ltd. plans to invest approximately 1.8 billion yen to increase the production capacity of its Steel Powder Plant in Takasago, Hyogo Prefecture in western Japan. The production capacity of steel powder products will increase to 110,000 metric tons per year, from the current 96,000 metric tons per year. Mass production is scheduled to begin in the April–June quarter of 2021. Kobe Steel’s steel powder products are mainly used in powder metallurgy to make automotive sintered parts such asContinue reading

Hindalco Industries eyes lithium to strengthen its aluminium business (US)

Hindalco Industries is eyeing lithium in the minor mineral space in order to strengthen its aluminium business. “Lithium is the closest to our (aluminium) business, and in India, there could be some opportunities in this minor mineral. We are watching. If we get an opportunity we will get into this minor mineral,” said Satish Pai, managing director of the company. The country’s largest aluminium producer has captive bauxite mines in Continue reading

Les nouveaux patrons d’Ascoval prennent possession de l’aciérie nordiste (FR)

Une nouvelle page se tourne pour le site de Saint-Saulve et ses de 281 salariés, qui doit désormais trouver de nouveaux clients à travers l’Europe et le monde.

Ils ont désormais les clés d’Ascoval. Vendredi 1er février, le groupe Altifort est entré en possession de l’aciérie de Saint-Saulve (Nord), près de Valenciennes. Après quarante-deux années passées dans le giron de Vallourec, et un an d’administration judiciaire, l’usine tourne une nouvelle page de son histoire. Elle s’annonce difficile. D’ailleurs, les salariés, touchés par le chômage partiel, en conviennent. Jeudi

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Spirit AeroSystems acquires Joule Form™ manufacturing process Press to efficiently form lightweight titanium parts by directing energy (US)

To minimize the cost and quality challenges associated with titanium forging and machining, Spirit developed Joule Form process. This capability enables Spirit to minimize waste and maximize value, while directing energy only where it is needed, thereby decreasing the cost of machined parts and minimizing the company’s carbon footprint.

St. Louis, MO – Beckwood Press Company, a leading manufacturer of custom hydraulic presses, and Kansas Oklahoma Machine Tools (KOMT), a prominent machinery distributor throughout the Midwest, recently delivered the first ever press with automated die change to Spirit AeroSystems for use in Spirit’s Joule Form™ manufacturing process. The Joule FormTM process is a proprietary method developed by Spirit for shaping metal parts at elevated temperatures in the fabrication of aerospace components.  Using the automated press systemContinue reading

Leader mondial de son secteur, cette PME de l’Isère prouve que la métallurgie a sa place en France (FR)

Winoa détient un savoir-faire unique dans la fabrication des grenailles abrasives. En plus de son site historique basé en Isère, le groupe possède onze usines dans le monde. Il souhaite désormais se développer en Chine et en Inde.

voestalpine pins lowered profit forecast on Bartow plant (US)

“An ongoing shortage of skilled workers in the region has had an impact on the fact that we have not been able to find and maintain enough qualified personnel to process these orders in time,” a voestalpine AG representative told The Daily Tribune News.

On Wednesday, voestalpine AG gave investors some discomforting news — not only did the Linz, Austria-based manufacturer miss its nine-month earning forecast by 187 million euros (equivalent to roughly $213 million), the international steel company also announced it was lowering its full-year profit forecast from roughly 1 billion euros ($1.13 billion) to about $750 million euros ($854.1 million.). Such marks the second time voestalpine has lowered its profit forecast in the current fiscal year. By Thursday, voestalpine shares were down by as much as 8 percent — a substantial decrease for a company that already saw its shares lose almost half their value over the lastContinue reading

VSMPO employees filed more than 7,000 ideas (Russian)

Более 7000 предложений по улучшению производственных процессов подали работники ВСМПО за 11 месяцев 2018 года. Каждое десятое из них пришлось на цех №16, ставший лидером по количеству идей. Второе место занял цех №21, сотрудники которого стали авторами 419 предложений. Также в первую тройку вошел цех №3, давший жизнь 392 улучшениям и обновлениям. По 300 идей поступило из контрольно-испытательного и научно-технического центров, а также отделаContinue reading

Posco hires ex-Daelim CEO for future growth (US)

Steel giant Posco has hired former the CEO of Daelim Industrial to seek the company’s future growth, it said Thursday in a statement. Oh Gyu-seok, former president of the local builder, will take charge of the newly established future growth division assigned to pave the way for the 50-year-old steelmaker struggling to find alternatives amid declining market demand for metal. Oh is the first outsider to take the Continue reading

Constellium sent to arbitration over health-coverage clash (US)

A federal judge has ordered an aluminum processing company in West Virginia into arbitration over health coverage for retired employees. U.S. District Judge Thomas Johnston on Wednesday granted an injunction to prevent Constellium Rolled Products in Ravenswood from making changes to medical and prescription-drug coverage for 1,500 union retirees and their families.The company had no comment. Constellium does not comment on pending litigation, said Delphine Dahan-Kocher, vice president of public affairs and communications in North America for Constellium.

Arbitration was ordered by a federal judge in West Virginia between Constellium and retirees.  Judge Thomas Johnston on Wednesday also granted an injunction preventing the aluminum processing company in Ravenswood Continue reading