Nanshan to provide Aluminium Aerospace Quality for Boeing (Chinese)

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nanshan-boeing

27日,波音在天津举办“中国-波音航空工业合作论坛”,其间宣布了多项拓展并深化波音与中国航空业互利共赢伙伴关系的协议。

合作论坛在波音与中国航空工业集团公司共同兴建的合资企业——天津波音复合材料有限责任公司举办,包含中国政府官员、供应商与行业利益相关方在内的70多名代表出席了该论坛。论坛中展现了波音多年来推动中国航空供应链发展所开展的举措,包括向中国广泛采购用于制造波Read more

Zhongwang says : The petition by US senators to reject Zhongwang’s takeover of Aleris is not based on facts (US)

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zhongwang

Zhongwang is Asia’s largest producer of extruded aluminium bars and rods (Credit Photo @ SCMP)

Zhongwang says it’ll bring jobs stability to Aleris, hits back at US opposition to US$2.3 bln takeover

China Zhongwang Holdings, Asia’s largest producer of extruded aluminium bars and rods, said its proposed US$2.3 billion takeover of Aleris from private-equity funds will bring jobs stability and resources to its investment, and help it expand into the automotive and aerospace industries. This week, a group of US senators led by Ron Wyden (D-Oregon), ranking member of the US Senate committee of finance overseeing trade, urged US Treasury Secretary Jack Lew to review and reject Zhongwang’s takeover plan on national security Read more

Activist Investor Blocks GE’s Purchase of SLM (US)

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ge-slm-solutions

Acquisitions of SLM Solutions and Arcam were meant to boost conglomerate’s position in new technology

General Electric Co.’s $1.4 billion move to buy two European 3-D printing firms looks set to fail after the U.S. conglomerate said it wouldn’t bow to pressure from one of the world’s best known activist investors. GE said Friday it wouldn’t improve its offer for SLM Solutions Group AG, a German 3D-printing machine maker. The statement came just hours after two funds of Elliott Management Corp. said they had amassed more than a 20% stake in SLM Read more

POSCO faces market with growth strategies (US)

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posco-startegy

Kwon Oh-joon, President of Posco Group, left, shakes hands with Thanasak Patimaprakorn, Thailand’s deputy prime minister, right, at the completion ceremony for Posco’s CGL factory in Thailand. (Credit Photo @ POSCO)

Posco has plans to overcome the difficulties the heavy industry market is facing from oversupply, industry recession and the reinforcement of import and export regulations. In the second half of this year, the company will continue to carry out structural adjustments on its subsidiaries and non-core assets, cut down operational costs and expand its sales of its high-profit World Premium (WP) products. WPRead more

Taiwan future’s submarine will use HSLA-80 instead of HY-80 steels grade (US)

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taiwan-submarine-hy-80-steel-grade-hsla-80

Hung Shen Propeller Co president Cheng Cheng-i displays some of the firm’s propellers at its factory in Pingtung County’s Sinyuan Township on Thursday. (Credit Photo @ Photo: Chang Chung-i, Taipei Times)

Taiwan’s largest shipbuilding company called on the nation’s three major shipbuilders to set aside their differences and band together to achieve the goal set by the administration of President Tsai Ing-wen (蔡英文) of building submarines. The Tsai administration has Read more

Pourquoi Aperam Gueugnon injecte une trentaine de millions d’euros dans ses gros équipements (Fr)

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SIDÉRURGIE/SAÔNE-ET-LOIRE. Le sidérurgiste bourguignon améliore son outil industriel pour proposer des aciers inoxydables encore plus plats et plus brillants, à destination notamment du marché des pièces d’aspect. L’investissement atteint les 28 millions d’€ et permettra aussi une augmentation de capacité de production de 30.000 tonnes annuelles. Aperam Geugnon, qui emploie avec l’intérim autour de 750 personnes, procède par ailleurs à une centaine de recrutements, principalement pour compenser les départs à la retraite.

Chez Aperam, on ne donne aucun chiffre d’investissements à venir. Et Olivier Marx, le directeur du site de Gueugnon ((Saône-et-Loire) spécialisé dans les aciers inoxydables plats (*), ne déroge pas à la règle. « Je peux juste vous indiquer que depuis 2010 nous en sommes à une centaine de millions d’€ pour cette unité ». De sources syndicales croisées, le secret est devenu de Polichinelle, car le nouveau programmeRead more

Saarchmiede to start Partial-Time Work and changes Strategy to face Market Crisis (German)

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saarchmiede

Die Saarschmiede will ab Oktober Kurzarbeit für die Beschäftigten beantragen. Das haben die 980 Mitarbeiter am Mittwoch bei einer Betriebsversammlung erfahren. Wie Saarstahl-Vorstand Martin Baues mitteilte, sind die Preise für Schmiede-Produkte weiter gesunken Read more

Voestalpine Postpones Its new Special Steels Plant in China (German)

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voestalpine-china

In October 29th,2014 Voestalpine  Special Steel Division signed a Letter of Intent to cooperate with Chinese foundry Kocel Machinery Co (Credit Photo @ Voestalpine)

Chinas Wirtschaft scheint wieder Tritt gefasst zu haben. Dennoch hat sich der österreichische Konzern Voestalpine entschlossen, vorerst kein Edelstahlwerk in der Volksrepublik zu bauen. Gesucht wird ein neuer Standort. MeerbuschDer österreichische StahlkonzernRead more

Gerdau looking to export heavy plates from its new Ouro Branco rolling mill (US)

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15 September 2016  –  Gerdau is eyeing the export market at its recently inaugurated heavy plate rolling operations at its Ouro Branco mill, as a way to overturn sluggish domestic demand. Half of the company s heavy plate production at its Ouro Branco mill, located in the city of same name in the state of Minas Gerais, has been destined to the export market. “What defines where wea are going to sell is demand, andRead more

VSMPO & Alcoa Create Joint-Venture to Manufacture Value-Add Products for Aerospace Industry (US)

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Alcoa Samara, Russia’s largest producer of fabricated aluminum, and VSMPO-AVISMA Corporation, the world′s largest manufacturer of titanium ingots and forged products, today announce the operational launch of its joint venture – named AlTi Forge – after receiving all necessary regulatory approvals from the Russian government. This manufacturing partnership will expand on companies’ mutual andRead more

Frisa Invests in a new $160 million Special Steels Facility (Spanish)

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frisa-special-steels

Con una inversión de entre 150 y 160 millones de dólares, Frisaarrancó la producción de su planta de aceros especiales para autoconsumo, con la cual esperan sustituir importaciones por hasta 300 mil toneladas de Corea, Europa y Estados Unidos.  “EstamosRead more

ASCOMETAL bets on Hydrogen Technology (Fr)

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AScometal steelmaking

(US)

According to the economical french newspaper LES ECHOS, French Special Steels Maker ASCOMETAL is considering in-depth reorganization, here under the main points of this project :

  • Costs reduction
  • Investing €100 million for steelmaking activities
  • Investing €700 million in hydrogen technology 
  • Dunkrik Steelmaling facility will be shut-down and re-oriented into  metal powder production for automotive market  with an investment of € 25 million, the new activity will start in 2017.
  • Fos-sur-Mer Facility will double its wire rolling capacity and an investment of €350 million in  hydrogen technology  is also planned 
  • Hagondange facility is planned to invest €10  million to increase its small bars production for automotive market

AA

(French)

Le spécialiste des aciers spéciaux veut reconvertir son aciérie de Dunkerque et miser sur l’hydrogène.

Ascometal se réorganise en profondeur. Un mois après avoir annoncé être entré en négociation exclusive avec Vallourec pour prendre une participation majoritaire dans l’aciérie de Saint-Saulve (à 60 %), le spécialiste des aciers spéciaux, piloté par Franck Supplisson, planifie, Read more

FIGEAC AÉRO Focused on its partnership with the VSMPO and “Titanium Valley” (US)

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VSMPO Russia

The Figeac Aéro Group (ticker code: FGA), a reference partner to major aerospace manufacturers, is focused on its partnership with the VSMPO-AVISMA Corp. and “Titanium Valley”, a special economic zone (SEZ), studying the possibility of creating in situ a joint-venture production unit. On 22 June last, a delegation from Figeac Aéro travelled to Titanium Valley to meet the management of VSMPO-AVISMARead more

ATI to Implement Cost Optimization Measures by idling Rowley titanium sponge facility (US)

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ATI CEO PRESIDENT

“We are focused and committed to return ATI to sustainable profitable growth and improve cash flow”, said Rich Harshman, ATI’s Chairman, President and Chief Executive Officer.

Allegheny Technologies Incorporated (NYSE: ATI) announced several actions to improve the Company’s future financial performance, which include the indefinite idling of the Rowley, UT titanium sponge production facility and consolidating certain titanium manufacturing operations in Albany, OR. These actions are expected to improve ATI’s annual operating income by approximately $50 million beginning Read more

Vallourec starts exclusive negotiations with Ascometal for the sale of the Saint-Saulve steel mill (US)

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At the outset, the undertakings made by the two parties in terms of the quantities of steel produced are as follows: 175,000 tons per year for Ascometal, and 100,000 tons per year for Vallourec. These volumes would secure the steel mill’s long-term operations and competitiveness.  On Saint-Saulve Steelmaking Shop (Credit Photo @ Le Figaro)

BOULOGNE BILLANCOURT, France, July 21, 2016 (GLOBE NEWSWIRE) — Vallourec, global leader in premium tubular solutions, has started exclusive negotiations with Ascometal,  Europe’s largest producer of special steels, with a view to the sale of its majority holding in the  Saint-Saulve steel mill (Hauts-de-France region). Based on a reinforced industrial and business plan, the Ascometal offer should retainRead more

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.
Read more

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