LONDON (Reuters) – Metals consultancy CRU Group wants to create a price mechanism for cobalt sulphate, in response to increasing demand for the compound used in making rechargeable batteries that power electric cars. Prices for cobalt sulphate are often based on those for refined metal published by Metal Bulletin. The London Metal Exchange’s cobalt contract is also for refined metal. But demand for cobalt sulphate is expected to outpace that Read more
Brussels, 18 September 2017 – Tight supply conditions for carbon graphite electrodes are threatening to stall EU steel production. These graphite rods are indispensable in Electric Arc Furnace (EAF) ‘secondary’ steelmaking and in the Ladle Furnace (LF) metallurgy stages of both the EAF and ‘primary’ Blast Furnace-Basic Oxygen Furnace (BF-BOF) production routes.
“Graphite electrodes are made from high quality needle coke. Needle coke is a premium grade, high value petroleum coke, which has been seeing shortages and sharply higher prices in recent months”, said Axel Eggert, Director General of the European Steel Association (EUROFER). “This global shortage has been caused by the idling of global Read more
The U.S. International Trade Commission opened an investigation into titanium sponge from Japan and Kazakhstan on Friday after Titanium Metals Corp. argued unfair trade practices threatened the lone remaining U.S. producer of the valuable metal’s initial processed form. Titanium Metals, or Timet, asked the U.S. government to impose anti-dumping duties of 31 to 69 percent on various producers in Japan and 33 percent on Kazakhstan’s lone producer, Ust-Kamenogorsk Titanium Magnesium Plant JSC. It also wants a countervailing duty on UKTMP over alleged government subsidies.
Timet says its lone domestic competitor, Allegheny Technologies Inc., stopped producing sponge in August 2016 under the same pressures it hopes new duties will address.
“Timet is the last operating producer of subject titanium sponge in the United States,” the company said in its petition. “Timet’s efforts to sell titanium sponge domestically have been universally rebuffed due to the availability of unfairly priced titanium sponge from Japan and Kazakhstan.”
The U.S. revoked an anti-dumping order on titanium sponge from Japan and the former Soviet states of Kazakhstan, Read more
New Delhi, May 3 (PTI) A new policy that aims to achieve steel making capacity of 300 million tonnes by 2030 with an additional investment of Rs 10 lakh crore got the Cabinet green light today. The Cabinet also approved a policy for use of domestic steel products in government organisations. “The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval to the National Steel Policy (NSP) 2017,” the steel ministry said in a statement. “The Cabinet… has approved the policy for providing preference to domestically manufactured iron and steel products on government procurement,” the ministry said in another statement. The policy makes it mandatory to give preference to domestically manufactured iron and steel products (DMI&SP) in government procurement. The policy is Read more
The mill will open with capacity of 370,000 tons per annum, producing series 5000, 6000, and 7000 aluminum sheet and plate products. Braidy is also exploring new scientific nano-crystaline technical advances capable of improving molten metal-based manufacturing.
Wurtland, KY – April 26, 2017 — The transformation in material sciences and advanced manufacturing was evidenced today during a joint announcement by Kentucky Governor Matt Bevin and Craig Bouchard, Chairman and CEO of Braidy Industries, Inc. (“Braidy”). The Governor and Mr. Bouchard announced that Braidy, in partnership with the State of Kentucky and the Ashland Alliance, will construct the Read more
President Donald Trump hands United Steelworkers International President Leo W. Gerard the pen he used to sign an executive memorandum on investigation of steel imports. (Credit Photo @ Susan Walsh, Associated Press)
“Steel is critical to both our economy and our military,”
Donald Trump, USA President
“Arcelor-Mittal USA is a proud supplier of American-made steel for defense applications, from nuclear submarines and aircraft carriers to missiles and tanks.”
John Brett, president and CEO of ArcelorMittal USA
WASHINGTON, D.C. — President Donald Trump today ordered the Commerce Department to investigate whether steel imports harm the defense of the United States, moving the ongoing complaints from the steel industry to a new plane — one that could lead to new sanctions and trade actions between this country and its steelmaking Read more
Le secteur de la métallurgie connait des mutations technologiques. Ses besoins en compétences vont donc évoluer. L’Observatoire de la métallurgie publie une analyse prospective sur le domaine de l’élaboration et la transformation des métaux. Des recrutements seront nécessaires à tous les niveaux de qualification et dans de nombreuses spécialités telles que le traitement de surface et la fonderie.
- Infographie de l’étude sur l’élaboration et la transformation des métaux par forge, fonderie et fabrication additive métallique
- Synthèse de l’étude sur l’élaboration et la transformation des métaux par forge, fonderie et fabrication additive métallique
- Etude sur l’élaboration et la transformation des métaux par forge, fonderie et fabrication additive métallique
Tous secteurs confondus, 17 métiers sont d’ores et déjà considérés « en tension », à l’exemple de la production et la maintenance. Seulement 335 jeunes diplômés entrent sur le marché du travail chaque année dans les domaines de Read more
Keystone builder TransCanada will be allowed to skirt an executive order calling for US steel to be used in new pipelines, repairs, or retrofits. Does the move herald a broader evolution for Trump’s ‘America First’ stance?
—From the start of President Trump’s election campaign, two aspects of his political identity – the businessman and the populist – have dueled for dominance. At least in the case of the Keystone XL pipeline, the businessman appears to be winning out. Speaking to reporters onboard Air Force One on Friday, White House spokeswoman Sarah Huckabee Sanders said that the pipeline,
“The value of a pipeline is that we have a pipeline that can be used. Which steel it is made from is an entirely subsidiary question, and if American steel is best to use then use that, if not American is better then use that instead. What we want is the pipeline that can be used at the least overall cost ”
Tim Worstall, Senior fellow at the Adam Smith Institute.
which has been in the works for a decade, will be exempt from an executive order Mr. Trump signed in January requiring new pipelines, repairs, or retrofits to use US steel “to the maximum extent possible.” The justification for that decision: The pipeline is already under Read more
В следующем десятилетии сумма закупок авиастроительного концерна Boeing изделий из российского титана достигнет 18 млрд долларов, заявил в интервью «Ведомостям» президент Boeing в России и СНГ Сергей Кравченко, сообщает Ростех. На сегодняшний день Boeing получает около 35% титана для гражданских самолетов от корпорации ВСМПО-АВИСМА. Это Read more
The master plan of steel production will focus on sustainability and the use of advanced technology to save natural resources, energy and protect the environment.
HÀ NỘI — The Ministry of Industry and Trade (MoIT) will hire a foreign consultancy firm to evaluate its draft master plan for steel production by 2025 and its vision till 2035. The firm, which will have operations in Việt Nam, will be in charge of ascertaining the trends in steel industry development across the world and the region; assessing the domestic steel sector’s competitive ability in comparison with theRead more
IMPORTS OF STEEL IN ITALY period from January to May 2016. In thousands of tons, and var. % On the same period of 2015. (Source: Federacciai; Platts (Credit Photo @ ilsole24ore)
The negative cycle of the Italian steel industry continues amid falling revenues, with earnings dropping on average by 95%. One year after celebrating, after years of losses, the return to profitability (€150 million in 2014), the Italian steel sector has come to a halt, according to Read more
Der Ensheimer Metallteile-Spezialist Brück muss saniert werden. Dafür wird der St. Ingberter Anwalt Franz J. Abel zuständig sein. Er sieht dafür gute Chancen. Allerdings sollen 150 Jobs abgebaut werden. Über zwei Unternehmen der Ensheimer Firmengruppe Brück hat dasRead more
In a preliminary ruling made by the European Commission earlier this month, anti-dumping duties will be imposed on imports of hot-rolled steel from China for six months, with the exclusion of tool steel and high-speed steel products.
The Chinese government will continue to support domestic companies to positively respond to anti-dumping investigations overseas and defend themselves, Shen Danyang, the Ministry of Commerce spokesman, said at a regular press conference on Tuesday. The European Commission (EC) called for an anti-dumping probe into steel products such as hot-rolled flats at the beginning of this year, according to aRead more
La métallurgie est la première grande branche à mettre en oeuvre cette disposition de la loi El Khomri.
La métallurgie n’a pas attendu longtemps pour mettre en application une disposition de la Loi Travail, votée en juillet dernier. L’Union des industries et des métiers de la métallurgie (UIMM), l’organisme patronal du secteur, a proposé un accord sur l’emploi qui permettra notamment d’organiser le temps de travail sur une période pouvant aller jusqu’à trois ans, comme prévu par la loi Travail. Cet accord a reçu l’aval d’une majorité de syndicats de laRead more
€25 million to aircraft parts supplier Universal Alloy Corporation Europe
In a new boost to Romania’s aerospace industry, the European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Universal Alloy Corporation Europe (UACE), which manufactures aluminium parts for aircraft. ounded in 2008 as a subsidiary of the Swiss-Austrian Montana Tech Components group, UACE supplies components to leading aircraft manufacturers such as Read more
Boltex, a family-owned company, makes finished flanges for the oil and gas, petrochemical, engineering and construction industries. Boltex Manufacturing Co President Frank Bernobich poses for a portrait in front of bins of flange forgings at one of the company’s manufacturing facilities Aug. 16, 2016, in Houston. (Credit Photo @ James Nielsen – Houston Chronicle)
Frank Bernobich didn’t wait for politicians to renegotiate global trade to stop foreign competitors from illegally dumping products in the United States. He fought back under the existing the rules and won. The U.S. International Trade Commission ruled Friday that Houston-based Boltex Manufacturing Co. was suffering from unfair competition from factories in India, Italy and Spain in the finished carbon-steel flange business. The Department of Commerce will now determine the appropriate punitive tariff, which could range from 13 to 205Read more
Airbus will use aluminum provided by Romanian company Alro to manufacture its aircraft starting 2017. Alro, a subsidiary of international group Vimetco, announced on Friday that it had been selected as an aluminum provider by Airbus. The agreement is valid for several years and will start next year. “We are looking forward to starting this partnership with Airbus and supplying best quality aluminum plates for the
YEKATERINBURG, July 27. /TASS/. VSMPO-Avisma corporation continues supplying components to Boeing and Airbus despite sanctions, the company’s Director General Mikhail Voevodin told TASS Monday. “Boeing and Airbus are the key consumers of titan in global aircraft industry. Sanctions did not affect the production process either from the view point of supplies of raw materials or from theRead more
Ghislaine Doukhan, directrice de Safran Analytics (Credit Photo @ Stéphanie Jayet)
Le Big Data est en train de révolutionner l’industrie francaise en général et l’industrie de la métallurgie en particulier, à l’instar de Safran Analytics la nouvelle entité crée en 2015 pour accompagner la révolution du Big Data chez Safran. Vice-présidente de Safran Analytics Ghislaine DOUKHAN, élue femme de l’industrie en 2015 est à la tête de 60 “Data Scienticts” qui allient au quotidien: algorithmesRead more
South Korea’s largest steelmaker POSCO’s chairman Kwon Oh-joon called on employees to stay wary of trade protectionism trends that are being increasingly promoted by advanced nations amid deteriorating global economic cr exports,” Kwon said in a recent email he sent to POSCO workers, industry watchers said on June 24. In May, the US Commerce Department issued a final announcement outlining 265.79 Read more
Jean Marchand was born and brought up in Montreal, Quebec in Canada. He joined Alcan through Montreal’s Concordia University campus placement in 1981 as an accounting analyst. Following Rio Tinto’s acquisition of Alcan, Marchand was appointed director, global remelt ingot sales, marketing and price risk management at the Rio Tinto Aluminium product group. He retired from Rio Tinto on December 31, 2015. (Credit Photo @ Metalbulletin)
Aluminium industry veteran Jean Marchand has witnessed major game changers in his career, from the launch of the London Metal Exchange contract, the collapse of the former USSR, premium volatility and financing games, to the change in the market structure and consolidation. “If anyone tells me aluminium is a boring industry, I would love to debate that point with them,” Marchand, who recently retired from Rio Tinto as director of global remelt ingot management, sales and marketing aluminium, said. Marchand, who was recruited
Donald Trump delivers remarks at a rally in Pittsburgh on April 13. (Credit Photo @ AP Photo )
PITTSBURGH — Donald Trump vowed to bring back Pittsburgh’s once-thriving steel and coal industries at a rally here on Wednesday night. Trump, whose campaign is premised on the idea of restoring the country to a lost greatness closely associated with a mid-20th century industrial economy that supported a large middle class, has been making locally tailored economic pitches as he’s campaignedRead more
“Every steel company, particularly the major companies, they’re looking at value addition, meaning high-end value-added steel products ….I don’t think anybody can do more than 30 percent, 35 percent so the balance 65 percent remains commodity grade steel.”
Seshagiri Rao, -Director -JSW Steel Ltd (India)
“Sticking to technological and quality leadership will be the only solution for European steel producers to secure profitability and future growth,”
Wolfgang Eder- Voestalpine – CEO
“If China takes the ‘commodity’ end of the market — and it’s not as if they are only focusing on that — then it takes with it the specialty segment, because it is impossible to sustainably operate on high-grade or specialty alone”.
Charles de Lusignan. – Eurofer spokesman
“An integrated steel plant only makes sense at a scale of at least 3 million tonnes, and must be used to full capacity to be cost-effective”.
Heinz Joerg Fuhrmann- Salzgitter – CEO
The companies that survive, especially in high-cost countries, will have to find creative ways to develop closer relationships with their customers. They can do this even when the steel they produce is commodity grade
Charles de Lusignan. – Eurofer spokesman
“Profitability is all about value creation for your customers. Commodity producers can for example excel in services provided to their customers: short delivery times, small order quantities, 24-7 order intakes, client-specific product dimensions, etc.”
Jeremy Platt, – analyst at UK-based consultancy MEPS
Iran possesses 7% of the world’s total mineral reserves worth about $700 billion but this figure could rise to $1.4 trillion with new discoveries, officials say. On photo, a titanium crystal bar, high purity 99,995 %, made by the iodide process at URALREDMET in the Soviet era. Weight ≈283 g, ≈5.5 ” long, ≈1 ” diameter (Credit Photo @ Alchemist-hp)
Iran needs more than $4.2 billion of investment over the next five years to bring a massive titanium mine in the country’s southeast fully online, an official says. The deposits in Fanuj can yield 30 million tonnes of titanium ore a
The three sites of Bondshold Limited give it the ability to produce a wide range of products, from precision alloy steel castings to huge 12,000 kilogramme castings supplied to the oil, gas and power generation industries. Its Crook site caters for medium-sized castings from 50kg to 2,500kg, with Tow Law capable of making products up to 12,000kg. It makes smaller precision castings at Alston. On photo : Amie Beveridge of Bonds Foundry examines two castings, with a combined weight of 14.5 tonnes which make up a horizontal split pump casing, prior to shipment to a customer in Germany (Credit Photo @ Martin Avery)
A FOUNDRY business is being forced to make cutbacks – but says the move won’t necessarily mean job losses. Bondshold Limited says the prolonged downturn in the oil and gas sector has hit turnover. The company employs more than 130 workers at bases in Tow Law and Read more
Large nuclear reactors require single-forged pressure vessels, using forging presses of about 16,000 tons that accept hot steel ingots of about 600 tons. These are not common in the world, and a single forge can only forge several vessels a year. Before 2007, only one such forge was operational, leading to a huge bottleneck in global construction. On photo a 438-ton huge steel ingot was successfully forged by the 18,500-ton free forging hydraulic oil press (Credit Photo @ China Tech Gadget)
If anyone thinks nuclear power is on the wane globally, they haven’t been paying attention to China. More than 100 nuclear power reactors will start up in China over the next decade. The strategy is outlined in the draft of China’s new Five-Year Plan that covers 2016 to 2020. It is China’s 13th such plan, and the country has kept pretty close to most of their previous goals. According to the document, the government will invest over US$100 billion to construct about seven new reactors annually between now and 2030. By 2050, nuclear power should exceed 350 GW in that country, include about 400 new nuclear reactors, and have resulted in over a trillion dollars in nuclear Read more
Students from Middletown and Monroe high schools listen to AK Steel research engineer Grant Thomas after viewing a hot rolling process demonstration as part of Manufacturing Day, Friday, Oct. 2, 2015. (Credit Photo @ GREG LYNCH / STAFF)
- Worldwide steel production grew about 46 % from 2005 to 1.8 billion tons in 2014.
- During that time, steel imports into the U.S. market have risen from 32.1 million net tons in 2005 to 44.3 million in 2014, an increase of 38 %.
- Finished steel imports to the U.S. are tracking about 3 % ahead of the year before, beating what was already a record year for imports in 2014.
- AK Steel Holding Corp., is cutting jobs, reviewing expenses and struggling to keep sales and profits up.
- United States Steel Corp. is mulling a consolidation of its North American flat-rolled operations and may temporarily idle steelmaking and most finishing operations in Granite City, Ill., the company announced Oct.6. The move put 2,000 steelworkers on layoff notice.Read more
(Credit Photo @ Lipmann)
Rising demand for rhenium in aero engines is likely to be satisfied by increasing supply of secondary rhenium contained in “engine revert” produced from end-of-life gas turbine parts, UK-based consultancy Roskill Information Services said Thursday. “At the recent Paris Air Show the big three aero engine manufacturers, GE Aviation, Rolls-Royce and Pratt & Whitney, announced billions of dollars of new sales,” Roskill said. “This was excellent news to Read more
China’s 80,000 tons World largest Closed Die Forging. In 2013, the Chinese government bailed out the forge’s parent company, called Erzhong Group
China Erzhong Group Heavy Industries has become the first Chinese company delisted from the A-share market this year. The company has taken itself off the market following 3-straight years of losses. Erzhong says it’s working to get its finances in-order, and says it intends to relist in the future. The company is the first to use new regulations introduced in November, which allow a Read more
(Credit Photo @ Présidence de la République)
Après l’usine PSA de Trémery (Moselle) la semaine précédente, le président continuait inlassablement son tour de « la France qui gagne », vendredi 3 avril, dans une forge de Trie-Château (Oise). Mais en plus des traditionnelles assurances sur l’imminence d’une reprise, égrenées avec insistance depuis un mois, François Hollande y a apporté dans sa besace des annonces : des mesures destinées à favoriser l’investissement industriel dans les PME. La preuve par l’exemple : dans cette usine spécialisée dans la forge de pièces métalliques pour la construction aéronautique ou ferroviaire, sauvée de la disparition par le groupe Le Bronze Alloys, M. Hollande a symboliquement « signé »Read more