Orbital ATK and Forgital FLY S.p.A. Announce $68M Long-Term Supply Agreement (US)

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Forgital fly ATK

Rolls-Royce Trent XWB international team of RSP-risk sharing partners (Credit Photo @ A350 XWB News)

Ten-Year AgreeRolls-Royce Trent XWB international team of RSP-risk sharing partnersment Further Strengthens Company’s Supply Chain for Existing Rolls-Royce Business

July 18, 2016 – DULLES, Va.–(BUSINESS WIRE)–Orbital ATK, Inc. (NYSE: OA), a global leader in aerospace and defense technologies, announced today it has entered into a long-term aerospace supply agreement with FLY S.p.A. of Italy, a division of the Forgital Group. Under the $68 million agreement, FLY will provide metallic case components through 2026 for the Rolls-Royce Trent XWB-84k Read more

Rusal, Sauer will develop 3D printing technology for industrial use of aluminium alloys (US)

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Rusal

RUSAL a leading global aluminium producer, and SAUER GmbH, a member of DMG MORI, a worldwide leading manufacturer of metal-cutting machine tools, today announce the signing of a memorandum of understanding (MoU) to develop the 3D printing technology for industrial use of aluminium and aluminium alloys. On photo Oleg Deripaska, Rusal CEO

According to the MoU, the two companies will jointly develop a 3D technology for products made of aluminium and aluminium alloys. The technology will be used to print aluminium parts applied by customers in the machinery-producing, aerospace and automotive sectors. As Read more

POSCO to speed up restructuring plan (US)

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Posco 5th furnace

POSCO chairman Kwon Oh-joon (right) lights the steelmaker’s reconstructed blast furnace No. 5 at Gwangyang Steelworks in South Jeolla Province. At 5,500 cubic meters, the furnace is one of the largest in the world, along with four others also run by POSCO.   (Credit Photo @ The Korea Herald)

Korea’s largest steelmaker POSCO is drawing up a detailed plan to integrate processing centers in China as part of its restructuring measures to save costs and improve organizational efficiency, local reports said Thursday. According to the reports, the steelmaker is considering integrating processing centers of stainless and steel sheets in China, such as POSCO-CZPC and POSCO-CQPC. It had previously decided to put the company’s overseas subsidiary Qingdao Pohang Stainless Steel up for sale.  The processing centers process the steelRead more

Lakshmi Mittal, chairman and CEO of ArcelorMittal, defends its strategy, ten years after the merger (US)

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Lakshmi mittal

ArcelorMittal announced earlier this year a loss of 8 billions dollars. Its worst results in ten years. The largest world steelmaker suffers from the Chinese competition. Chinese overcapacities have brought steel price very low since two years. But the Luxembourgish steelmaker also suffers with high debts and launched its third capital increase in six years and a new plan to reduce its costs, Action 2020. (Credit Photo @ Guy Jallay)

Why did you choose to buy Arcelor?

Both Arcelor and Mittal Steel believed in the benefits of consolidation and had been active in the consolidation process. But the light bulb moment was really the privatization of Kryvih Rih in the Ukraine in 2005. We were the two companies bidding against each other in the public auction as we both saw value in the asset, and in consolidation. Had we been one company then the purchase price of the asset would have been considerably lower as we were bidding each other up. That was the moment when we started thinking this could be a reallyRead more

Iran Unveils Its first Indeginous VAR Furnace to produce Titanium, Superalloys and Special Steels for defense applications (US)

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Iran var remelting furnace

Iranian Defense Minister Brigadier General Hossein Dehqan unveiled three new home-made technological achievements in Tehran on Wednesday. The achievements include 1-MW national GPS system, robotic vacuum plasma coating and vacuum arc remelting furnace. (Credit Photo @ Farsinews)

Brigadier General Hossein Dehqan visited the Malek-Ashtar University of Technology in Tehran, where the advancements were showcased. Dehqan said, “The furnace can be operated both manually and automatically. It can be used for the melting and the purificationRead more

Nalco, MIDHANI plan to set up lithium-aluminium alloy plant (US)

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Nasa aluminium lithium

The second single-piece 5.5 meter diameter full-scale spun form dome was manufactured from a flat plate “blank” made from two pieces of aluminum lithium 2195 plate which were friction stir welded together. (Credit photo @ MT Aerospace)

BHUBANESWAR: State-owned aluminium maker National Aluminium Company (Nalco) and the Defence Ministry’s Mishra Dhatu Nigam Ltd (MIDHANI) are in talks to set up an aluminium-lithium alloy plant.  Lithium is the hottest metal today, with its demand underlined by the Space X andTesla ventures of maverick entrepreneurElon Musk. Lithium-aluminium alloys meet the extremely strong but very lightRead more

METTIS GROUP “WELL PLACED” FOR THE FUTURE (US)

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Mettis aerospace 02

Redditch aerospace components maker Mettis Group, which supplies the likes of Airbus, Rolls-Royce and Boeing, has said its “growing order pipeline” has left it well placed for the future despite revenues being hit by lower demand. Newly filed results revealed Mettis Group turned over £60.1m in the year to 31 December 2015, down from £61.8m a year earlier. Pre-tax profit also slipped to £601,000 fromRead more

Kobe Steel, & Studsvik to establish JV Company focused on Japanese Nuclear Waste Management (US)

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Kobe steel 02

Studsvik (STO:SVIK) and Kobe Steel, Ltd have today announced the creation of a new Japanese joint venture (“KOBELCO STUDSVIK Co. Ltd.”) company focused on delivering design, engineering and implementation to provide radioactive waste management solutions to the Japanese nuclear industry. A Japanese company, with shareholding of 51 % Kobe Steel and 49 % Studsvik, will be formed to carry out the Read more

Forgemasters chairman on steel crisis: ‘Give manufacturing a stronger voice in Government’ (US)

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Tony Peder

Tony Pedder, a board member at EEF and former managing director at British Steel, called for urgent action at a European Union-level “in days and weeks not months and years” to address the challenges faced by the steel industry. (Credit Photo @ The Yorkshire)

LEADING INDUSTRIALISTS have called for the creation of an independent body to develop a long-term manufacturing strategy as fears grow that the decline of Britain’s steel industry will fatally undermine efforts to rebalance the UK economy. Tony Pedder, chairman of Sheffield Forgemasters and a steel industry veteran of 30 years, told The Yorkshire Post that an advisory board would give a voice to underpin the Department for BusinessRead more

SCHMOLZ + BICKENBACH opens new warehouse for special steel in Chongqing, China (US)

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China Warehouse S+B

With the new warehouse for special steel in Chongqing, China, SCHMOLZ + BICKENBACH is able to meet the needs of local manufacturers of automotive components and plastic moulds with the group’s technical steels, technical support and real-time processing (Credit Photo @ SCHMOLZ + BICKENBACH)

SCHMOLZ + BICKENBACH International GmbH is expanding its sales and services network in China: In January 2016, SCHMOLZ + BICKENBACH began operating a new warehouse for special steel with a first focus on tool steel in Chongqing. The 2,000 m² facility is equipped with state-of-the-art sawing technologies and high-tech milling machines. Customers benefit from shorter delivery times and tailor made cutting services for the tool steels from the group’s own production. The product portfolio includes cold-work and high-speed steel grades, steel for plastic moulding and hot work steel from the SCHMOLZ + BICKENBACH companies Deutsche Edelstahlwerke (D) and Finkl Steel (CA, US). With expanded sales and service capacities, SCHMOLZ + BICKENBACH International is now also able to meetRead more

Lebronze alloys group acquires CLAL Group subsidiaries (US)

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March 21, 2016 – Paris – Michel Dumont, President of Lebronze alloys (LBA), and Dan Weber, President of CLAL Group, announce the acquisition by LBA of CLAL France and all the subsidiaries and affiliates of the CLAL Group.Both groups previously entered into exclusive negotiations on February 4, 2016. Complementary product ranges, technologies, sales forces, industrial capacities and geographic spread, allow a broaderRead more

Kobe Steel will put ¥100 billion into producing lightweight automobile materials (US)

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Kobe Steel

Kobe Steel President Hiroya Kawasaki (Credit Photo @Nikkei)

Kobe Steel will put 100 billion yen into producing lightweight automobile materials over the next five years, Kawasaki indicated.      The company will target fields that larger competitors have not yet tapped, such as materials fusing aluminum with high-tensile steel, which Kobe Steel aims to start selling to automakers and others as early as 2021.
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Airbus in talks with Bharat Forge and Mahindra to forge some of its parts in India (US)

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MUMBAI: Airbus is in initial talks with companies such as Bharat Forge and the forgings arm of Mahindra group to have some of its aircraft parts forged in India, a senior executive said. The plane maker considers this to be the next step to expanding its supplier base and outsourcing activity in a market which it counts as one of its fastest growing, globally. “So far, we have looked at aero structures and systemsRead more

New AK Steel CEO focuses on innovation, communication to lift results (US)

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AK Steel CEO

Roger Newport became chief executive officer of West Chester Twp.-based AK Steel in January 2016 (Credit Photo @ Dayton Daily News)

For AK Steel’s new turnaround strategy to work and help improve the steelmaker’s profitability, it will require input from all levels of the company. That’s one of the things this news outlet learned about steps the Fortune 500 manufacturer is taking moving forward from Chief Executive Officer Roger Newport, during his first interview withRead more

Posco to seek royalty revenue from proprietary steelmaking technologies (US)

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Posco technology

South Korea’s leading steel mill Posco plans to sell its proprietary steelmaking technologies to diversify revenue sources from hardware sale.  Posco chief executive Kwon Oh-joon announced plans for the new business outline offering to market licensed steel-making technologies as well as engineering models for design and operation duringRead more

Carpenter to relocate HQ to Philadelphia (US)

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Carpenter Technology 014

Manufacturing Plant and 2,300 Jobs Remain in Reading, PA

WYOMISSING, PA – February 11, 2016 – Carpenter Technology Corporation (NYSE: CRS),  which produces and distributes premium alloys, including special alloys, titanium alloys and powder metals, today announced plans to relocate its corporate headquarters to Philadelphia from Wyomissing, PA, a suburb of Reading, PA. The move supports Carpenter’s strategic plan to leverage its core technical strength in engineered materials and processRead more

Gerdau signs agreement with JFE Steel for heavy plates production (US)

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Heavy plate steel

The heavy plates rolling mill will startup in July at the Ouro Branco Mill and strengthen Gerdau’s positioning in the Americas’ flat steel industry

Gerdau has just signed a technical cooperation agreement with Japan-based JFE Steel Corporation for the production in Brazil of heavy plates, a value added steel good, to serve the market in the Americas. The agreement Read more

Sumitomo, JSW and Gerdau Create JV for Wind Energy Forgings Business (US)

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Forgings Sumitomo

By bringing the strengths of these two companies together with Gerdau’s strong production base, Gerdau will focus on the production and sale of forged products for wind power generation in the Latin American market with a focus on Brazil

Sumitomo Corporation  and The Japan Steel Works, Ltd.  have reached a basic agreement on major terms and conditions with Gerdau S.A. , the largest steelmaker in Brazil, based on which the two Japanese companies will
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Ascometal to Build the Biggest Atomization Powder Plant in the World (US)

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ASCO-INDUSTRIES, a French Company operating several steel plants and rolling mills in France, a leader in the market of special steel long products, is willing to offer, to its customers (automotive industry, forging companies, oil and gas industry, etc…), new innovative and competitive solutions. (Credit Photo @ BORIS HORVAT / AFP)

METALVALUE SAS, a French Company, created for this project by a Group of Investors and of Metallurgy companies, took control of the Swedish Company Bofors Bruk and acquired all the patents for a new technology to manufacture metallic parts from powder (MMS-Scanpac®).  ASCO-INDUSTRIES, a French Company operating

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OTTO FUCHS orders 54,000 Tons Closed Die Forging Press from SMS (US)

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Otto Fuchs 54000 closed die sms

The new 54,000 tons, closed die forgings  will produce extra-large forgings made of nickel- and titanium-based alloys for the aerospace industry. Otto Fuchs will install the equipment at its U.S. subsidiary, Los Angeles-based Weber Metals, by the end of 2017 (Credit Photo @ SMS)

OTTO FUCHS, based in Meinerzhagen, Germany, trusts in presses from SMS group. Most recently the company ordered a GUF4-type hydraulic closed-die forging press. The pit-mounted press will be designed for a press force of 540 MN.  OTTO FUCHS will install the new press for large forgings at its U. S. subsidiary Weber Metals located in Read more

Thales to Invest a new 3D Printing Plant in Morocco (US)

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Moulay Hafid Elalamy

Moulay Hafid Elalamy,  Morocco’s Minister of Industry (Credit Photo @ Apanews)

  • New industrial competence centre in Morocco, with capabilities spanning all aspects of 3D metal printing.
  • Additive manufacturing is a real technological revolution for the design and production of mechanical parts.
  • The project is part of Thales’s broader cooperation with Morocco.

This project is fully in line with the 2014-2020 Industrial Acceleration Plan launched by the Moroccan authorities, which supports the development of an innovative ecosystem involving Thales and its local suppliers. The creation of a high-tech industrial competence centreRead more

Bharat to Supply Engine Forged Parts to Rolls-Royce (US)

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Baba Kalyani-led Bharat Forge Ltd has entered into a long-term contract with Rolls-Royce, a world leader in power systems for aerospace, land and sea, to supply critical and high integrity forged and machined components for a range of aero engines, including Rolls-Royce’s flagship Trent engine, the company said. An agreement to this effect was signed between the two companies.

Auto components maker Bharat Forge Ltd (BFL) has entered into a agreement with Rolls-Royce Plc to supply critical and high integrity forged and machined components for a range of aero engines, including the flagship Trent engine. The flagship company of the $3 billion Kalyani Group onRead more

Here’s Why 3D Printing Needs More Metal (US)

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Alcoa additive

Alcoa, a colossus of the aluminum and metals industry, is currently building a new additive manufacturing center with a $60 million price tag in Pittsburgh. Its purpose: To serve as the main production site as Alcoa begins developing a line of powdered metals made specifically for 3D-printing applications. What Alcoa’s new center represents, however, is a broader shift taking shape in the additive manufacturing industry. More companies in a variety of sectors are interested in using 3D-printed metals for end-use parts. But when it comes to 3D printing in metals, there are currently two problems to surmount. One is the overall cost of not only the additive processes by
which metal is printed, but also of the 3D printing machines and the support staff needed to run them. The other is the cost of the metal materials themselves and the lack of metal materials made specifically for 3D printing. Alcoa  isRead more

China may invest in Sheffield Forgemasters (US)

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ONE of Britain’s oldest steelmakers, Sheffield Forgemasters, may be rescued by an arm of the Chinese state, it was claimed on Sunday. It was reported that an unnamed Chinese state-backed steel firm is believed to be among the bidders for Forgemasters, which employs 760 staff and has faced challenging market conditions. Yesterday Graham Honeyman, the £80m turnover company’s chief executive, confirmed that Forgemasters has been in talks about the possibility of external investment, but the details remained confidential.

A BAE Systems spokesman said  “Sheffield Forgemasters International is a supplier to our submarines business. The terms of our contractual relationships with our suppliers are confidential.”

Updates will be given “if and when” they become conclusive, he said. Mr Honeyman said: “Sheffield Forgemasters International supplies high-technology engineered products and services to customers around the world and, despiteRead more

How 3-D printing may give miners a new dimension (US)

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3D Minners australian 2

Monash University’s Professor Xinhua Wu with part of a jet engine made using a 3D printer. (Credit Photo @ News Corp Australia )

Global miners including Rio Tinto and Iluka Resources have long made a pile of profit from digging up a sludgy commodity known as mineral sands, then shipping it to countries such as China where it is used to whiten bathroom tiles or in household paints.

Now, these miners are shooting to be at the forefront of technological change — supplying the same commodity for use in 3-D printing. They are working on ways to cut the cost of producing titanium dioxide, the compound commonly produced from mineral sands, and investing in technologies that will make it more attractive for the 3-D printing industry. In doing so, they hope to protect profits from future swings in demand for titanium dioxide. PricesRead more

Minimills Disrupt Steel Industry (US)

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Innovator Dilemma

Harvard Business School Professor researches show that in  steel industry, the process of disruption has taken more than 30 years for minimills to equal the revenue of the integrated mills, whereas the process of disruption took about 15 years to happen in the computer industry. Clayton M. Christensen (Credit: HarperCollins Publishers)

Minimills first took hold in the steel industry in the mid-1960s. They were very efficient. They had a 20 percent cost advantage over integrated mills. But the quality of the steel they produced was inferior. The rebar market at the bottom rung of the industry (rebar is small steel bars made from scrap and used to create reinforced concrete) was the only market thatRead more

Voestalpine may delay China special steel plant (US)

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China voestalpine

In October 2014 Voestalpine  planned to start building  a premium steel and specialised steel product plant in Yinchuan with local partner Kocel Machinery, pumping 140 million euros ($161 million) into the project. (Credit Photo @ Voestalpine)

Austrian high-end steel maker Voestalpine might not stick to its plan to start building a specialised steel plant in China this year but still wants to expand there in the long term, its chief executive told Reuters in an interview. Voestalpine said in October it planned to starRead more

Acciai Speciali Terni Makes Agreement with Timet for Rolling Titanium (Italian)

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Terni acciai

Acciai Speciali Terni at Terni ( Credit Photo @ stahlseite)

Acciai Speciali Terni ha sottoscritto oggi un accordo pluriennale per la trasformazione di laminati piani in titanio. Il contratto tra Ast e Loterios, player che in Italia rappresenta Timet, una delle più grandi multinazionali nel settore del titanio con sede negli Stati Uniti, conferma l’impegno da parte dell’azienda a rafforzare la propria posizione nel business, in modo da sfruttare lo sviluppo deiRead more

HAL chief calls of indigenisation of Aerospace Materials (US)

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HAL2

T. Suvarna Raju, CMD, HAL, speaks at a conference on advanced materials and manufacturing processes for strategic sectors in Thiruvananthapuram. (Credit Photo @ Hindu Business Line)

“The indigenisation of advanced materials is key to aerospace manufacturing in India,” T Suvarna Raju, CMD, HAL, said. Speaking at the inaugural session of the three-day (May 13-15) ‘International Conference on Advanced Materials and Manufacturing Processes for Strategic Sectors’ being organised at Thiruvananthapuram by the Indian Institute of Metals, a premier body representing the family of metallurgists, Raju said, “When it comes to aerospace raw material be it aluminium, titanium, plastics or composites there is wide capability gap in the country and,Read more

Otto Fuchs Considering Setting Up $500 M Aerospace Forging Facility in Georgia (US)

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Weber Metals 003

Weber Metals uses huge presses like the one shown here to make forged aluminum and titanium alloy parts.

A German aerospace supplier is scouting sites in Georgia for a more than $500 million advanced manufacturing development that would employ about 700. Weber Metals, a subsidiary of Meinerzhagen, Germany-basedRead more