Italian Special Steels Maker ABS Bets on Big Data and Innovation for Growth (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

ABS acciai

Alessandro Trivillin, ABS CEO

 Focus : 

  • ABS was founded in 1988
  • ABS belongs to Danieli Group 
  • CEO :  Alessandro Trivillin
  • Employees : 1300 , 1100 in Italy and 200 in Croatia
  • Markets : automotive, heavy equipment, mechanical industry, energy, Oil & Gas
  • Turnover up  by 16 % from  € 686 million   in 2013 to €795 million in 2014 
  • Net result doubled  and reached € 28.2 millions in 2014
  • “We can not compete with Chinese and indian companies on cost, we must focus on product quality and Customer service” .
  • “We must invest in technological Innovation and Human capital”
  • ” Further than selling high quality steels , we have to meet customers needs ” 
  • ” We are thinking  about the steels of  the next coming 15 years”
  •  ” We launched a €360 million Investment Program”
  • Innovation structure is divided in the 3 areas  : Process Innovation, Product Innovation andRead more

Creusot Forge Relies on its new 9,000 Open Die Forging for Business Diversification (French)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

AREVA patrick PORET

La filiale creusotine d’Areva NP poursuit la montée en puissance de la nouvelle presse de 9 000 tonnes installée fin 2013 (Credit Photo @ Photo Y. G – JSL)

Seize mois après la mise en service de sa nouvelle presse de 9 000 t et de son manipulateur, l’entreprise Creusot forge, filiale d’Areva NP, possède un certain recul sur son investissement. « L’objectif de départ était d’améliorer la compétitivité sur les pièces nucléaires, seRead more

Alcoa Acquiring Titanium Supplier RTI In $1.5 Billion Deal (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

RTI Chief Executive Officer Dawne Hickton with  Jodie Moxley from Airbus around the new RTI’s plant. The plant processes titanium for Airbus, which is RTI’s largest single customer (Credit Photo @ Martinsville Bulletin)

Alcoa, the big metal manufacturer best known for aluminum, is expanding its reach into the aerospace business. On Monday, Alcoa said that it would buy RTI International Metals, a titanium producer that caters to the military,Read more

ThyssenKrupp Sees India as Aerospace Materials Hub (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Thyssenkrupp aerospace

“Planned to be located at Aerospace Special Economic Zone near the international airport, the 3,300m² plant will process materials and source various metals such as titanium, aluminium, steel and alloys for the aerospace segment.”

ThyssenKrupp Aerospace, part of ThyssenKrupp AG, the Garmany-based conglomerate, and supplier of aerospace materials and logistics, announced its foray into the Indian aerospace market with the setting up of a facility here. This has been sited at the Aerospace Special Economic Zone, near the international airport, for processing of materials used in the segment. “We will be sourcing a wide range of metals like titanium, aluminium, steel and high performing alloys, among others, from across the country. We will process and stock here and supply to

Read more

Boeing Awards Titanium Forging Contract to India’s Bharat Forge (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Bhrat forge boeing titanium forgings

Bharat Forge gets contract allotted from Boeing Commercial Airplanes (Credit Photo @ NRI)

  • Bharat Forge partners Boeing for supply of titanium forgings
  • Boeing would use forgings for its next gen 737 and 737 Max aircraft

 “It is our strategic intent to play a significant role in global aerospace supply chain with forged and machined products and assemblies in future. We have created requisite infrastructure and have secured relevant global quality homologations. We are targeting revenues in excess of $100 million per annum from this sector.”

B N Kalyani, Chairman of Bharat Forge

 Boeing said it had signed a multi-year contract with Pune-based Bharat Forge to supply titanium forgings to be used in the wings of next-generation 737 and 737 MAX. The aircraft manufacturer made the announcement at the Aero India show here on Wednesday.  Under theRead more

Dillinger and Saarstahl CEO expects a difficult year in 2015 (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Saarsthal 2015

(Credit Photo @ Saarstahl)

Dr. Karlheinz Blessing, CEO of Dillinger Hutte and Saarstahl  explains the main future challenge of the global steel on its compagnies : 

  • 2015 : will be difficult, but not a disaster year.
  • Global Overcapacity, new special steel suppliers and declining of customers loyalty induce more aggressive competition.
  • Dellinger Hutte and Saarstahl must focus on improving their competitiveness.
    “The past Golden Age” will no longer come, Its definitively gone.
  • The plants must be better utilized, reduce delivery times, improve productivity, and the staffRead more

ThyssenKrupp in talks to sell VDM to Aperam (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

5000 Tons VDm Open Die forging  at Unna Plan in germany (Credit Photo @ ThyssenKrupp Stainless AG )

Germany’s ThyssenKrupp is in advanced talks to sell its stainless steel business VDM, Germany’s Sueddeutsche Zeitung newspaper reported, adding Luxembourg-based steelmaker Aperam was the front-runner to buy it. Citing people familiar with the matter, the paper said a number of financial investors were still in the raceRead more

US offers to India Titanium Forgings Gun barrels Transfer of Technology (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Howitzer 777 india

US Marine gunners test fire an M777 howitzer. (Credit Photo @ USMC)

US offers to make the M777 artillery guns in India under Transfer of Technology and enable India to have an airborne artillery division. The M777 is the world’s most successful 155 mm artillery gun which can be carried under a chopper on to mountain posts. It has been used effectively in the Afghan War, and also in Iraq. Ultra Light artillery guns like the M777 are urgently required to give teeth and firepower to Indian Army formations deployed along long disputed Himalayan boundariesRead more

Despite US and Japan Embargo China Refines its first ultra pure titanium (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Titanium high putity electrobeam

China as the world’s primary product of titanium sponge titanium, capacity of the largest countries, 2013 production of about 120000 tons, a serious surplus production capacity, market price of 47000 yuan per ton; at the same time in the field of high pure titanium completely blank. While hypoxia ultra pure titanium has higher added value, the market price of up to 1000000 yuan per ton. At present, three enterprises all over the world only America, Japan can produce ultra high pure titanium, as a high-end metal materials, American strictly limit the export of China. On photo Electron Beam hearth furnaces  for the production of rotating grade Titanium alloys for aircraft engine parts (Credit Photo @ VFE)

Ningbo new materials R & D and production field force and hyperplasia. Yuyao is located in the Ningbo Shan Zhen a new material limited company independent design and construction of “an annual output of 250 tons of electronic hypoxic ultra pure titanium project” in July 1sRead more

Alcoa’s Beyond Aluminium Strategy, focused on titanium and superalloys (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Alcoa Forgings CEO 002

Eric Roegner  chief operating officer for Alcoa investment castings, forgings, and extrusions – explains the company’s aerospace solutions role.

Focus

Alcoa started a successful strategic transformation moving the Aluminum Company of America (ALCOA) to be a leader not only in aluminum alloys but also in Titanium & Superalloys in Forgings, Castings and additive manufacturing.

“Beyond Aluminum” is the new motto of the Alcoa Chairman & CEO Klaus Kleinfeld. In the 20th Century  ALCOA meant Aluminum COmpany of America, in the 21th Century ALCOA will mean just Alloys COmpany of America.  Not basic alloys but Advanced Alloys for Aerospace & Automotive. 

In 1916 Alcoa  Invented the first aluminum alloys for Aerospace,  by 2016 – one century later – when the Alcoa’s  repositioning and roadmap will be  achieved,   Alcoa will be among the world leaders in  advanced raw materials for aerospace industry.

AA

 Alcoa does a lot more than supply aluminum. The company also is a global leader in lightweight materials engineering and manufacturing. It holds key market positions in aerospace sheet and plate produced by its midstream business, Global Rolled Products (GRP). Its downstream business, Engineered Products and Solutions (EPS), produces aerospace forgings, extrusions, investment castings, and fastening systems. In 2013, these two value-add businesses – GRP and EPS – accounted for 57% of Alcoa’s total revenues. Alcoa’s downstream component is composed of businesses heavily weighted toward aerospace. Unlike the sheet and plate business, most ofRead more

Wise Alloys poised for sizable growth (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

The Wise Alloys plant on Second Street in Muscle Shoals has a contract to supply can stock for beer giant Budweiser. (Credit Photo @ Matt McKean/TimesDaily)

Company’s new owner sees future in car bodies

Aluminum is about to play a major role in automobile production, and the Wise Alloys facility appears poised to be a major player in that future. Amsterdam-based Constellium Aluminum announced in October it was purchasing Wise’s local operation for $1.4 billion. Constellium officials said they plan to expand the hot mill to produce what is known as body-in-white aluminum, which will be used to manufacture car bodies. TheRead more

ThyssenKrupp India eyes defence, aerospace sectors (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Thyssenkrupp India

‘We will increase these capacities due to the demand in India. We are in alignment with the government’s Make in India campaign,’ said Thiemann, referring to the campaign to boost domestic manufacturing.

CEO Thiemann says his firm is open to Indian partners for projects, can leverage parent’s engineering expertise

Mumbai: ThyssenKrupp India Pvt. Ltd is looking to expand its business in the country in segments such as aerospace, defence and smart cities. The local unit of the German industrial engineering conglomerate ThyssenKrupp AG will bid for multi-billion dollar aerospace and defence contracts and lend technology to its Indian partners to build submarines and smart cities, Michael Thiemann, chief executive officer of the Indian unit said in an interview last week. Thiemann said his company was open to tying up with private Indian companies such as Larsen andRead more

China wants to be the Specialty Metals Trading Place thanks to FANYA (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

China Fanya Speciality Metals

Mr Jiuliang Shan, Chairman and President of the Fanya Metal Exchange gave a speech (Credit Photo @ Fanya)

Commodity exchanges have sprung up over time either at the source of the capital in major financial centres (e.g. LME and New York Mercantile Exchange) or at the source of the product traded (e.g. the various spice exchanges in India) or the attempts to launching exchanges in Indonesia and Malaysia dealing in local products such as tin or palm oil. As is well known the Chinese dominate a number of metals through the production of the raw material and at the same time are important as the end-consumers or processors of the same metals. Thus to some extent it makes sense that the trading of these metals should take place at exchanges within China ratherRead more

Geopolitical derisking strategy helps RTI to increase sales volume (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

RTI titanium forging

RTI’s forge presses at Niles, Ohio, (two 3,000T hydraulic presses and one GFM press) and Martinsville, Va., (5,000T hydraulic) produce machined and ultrasonic-inspected round billet from 4-inch diameter to 18-inch diameter, as well as rectangular billets and shaped forgings spanning a wide range of sizes and weights. (Credit Photo @ RTI)

 ” In the third quarter, we ended up receiving some customer commitments that we weren’t previously forecasting. These were mainly due to implementation of de-risking strategies to manage growing geopolitical risk that was created by developments in the Ukraine and the Middle East. As it turns out, these volumes are now taking the place of, and surpassing, the previously expected ramping Joint Strike Fighter volumes, which we now see shifting into first half of 2015. So while we continue to expect the aggregate of our full year financial results to be in line with our previous outlook, we now expect to get there with a somewhat different mix. We will have higher volumes of lower-priced products than previously forecast, while we will continue to see improved product cost in our Titanium segment.”

RTI CEO Dawne Hickton

Titanium sales powered RTI International Metals Inc. to higher revenue in the third quarter although profits were flat. RTI (NYSE: RTI) reported net income of $12.29 million, or 38 cents a share, in the three months ended Sept. 30, compared with $12.29 million, or 38 cents a share, in the same period a year ago. Revenue was $202.26 million, up from $194.94 million a year ago.Titanium was the big story in the third quarter, withRead more

McKinsey au secours de Maghreb Steel

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Maghreb Steel McKinsey

AMINE TAZI-RIFFI, DIRECTEUR, MCKINSEY, GENÈVE (Credit Photo @ Forum Africa)

Un plan de sauvetage du géant marocain de l’acier Maghreb Steel, confronté à de graves difficultés financières depuis plusieurs années, a été accepté par les différentes parties impliquées. C’est le fruit d’un travail piloté par Amine Tazi-Riffi, du cabinet de conseil McKinsey. Empêtré dans des difficultés financières, le géant marocain de l’acier Maghreb Steel peut enfin souffler. Un plan de sauvetage piloté par Amine Tazi-Riffi, directeur du bureau de Genève du cabinet de conseil McKinsey, vient d’êtreRead more

Sandvik to set up $45 M facility at Chakan, India (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Sandvik India

Sandvik AB President and CEO Olof Faxander (right) and Country Manager Parag Satpute at a press conference in New Delhi on Wednesday. (Credit Photo: Ramesh Sharma – The Hindu)

To make phased investment spread over five years

Swedish industrial group Sandvik is planning to set up a world-class manufacturing facility at Chakan near Pune. The company is expected to make phased investment, spread over five years, in the proposed plant. In the first tranche, the company will invest $45 million (Rs.270 crore) to start development of the site by mid-2015. The facility is expected to become operational by 2016. Sandvik has strong presence in India since 1960. It was one of the first Swedish companies to set up a subsidiary with aRead more

Voestalpine Plans to open 15 new plants in China by 2020 (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Voestalpone China 02

Kevin Hu, Managing Director voestalpine Profilform China (Credit photo @ Veostalpine)

In the business year 2013/14, the voestalpine Group generated around EUR 750 million (7% of Group revenue) in Asia. It is intended to almost triple revenue by the end of 2020, to around EUR 2 billion annually. voestalpine plans to invest between EUR 400 and 500 million in the region. The majorRead more

Voestalpine special steel to open new plant in China (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Voestalpone China

Board member Franz Rotter (left) signed the letter of intent with Kocel Group (Credit Photo @ Voestalpine)

The technology and capital goods group voestalpine is again driving forward its activities in the promising Asian market. The Special Steel Division, the Group’s special steel sector, yesterday signed a Letter of Intent to cooperate with Chinese foundry Kocel Machinery Co., LTD. Over the next few years voestalpine will invest around EUR 140 million, constructing a new plant which will produce premium special steel products for the Chinese market. Construction is scheduled to start in 2015, and the new company will create 400 jobs.

Read more

Bohler : ” we want to be Europe’s First aerospace high advanced materials supplier” (German)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Bohler uddeholm Aerospace

(Credit Photo @ Bohler)

(German)

Lukrative Luftgeschäfte der Voestalpine

Die Steiermark ist die technologische Startbahn für die wachsenden Luftfahrtgeschäfte des Voest-Konzerns. “Werkstoffe von Böhler finden sich mittlerweile in allen Flugzeugmodellen von Airbus und Boeing”, betont Voestalpine-Vorstand und Divisionsleiter Franz Rotter. Von Manfred Neuper. Das Titan-Schmiedeteil ist gerade einmal 70 Kilogramm schwer. Als Bindeglied zwischen Triebwerk und Flügel muss es aber einem Schub von umgerechnet gut 200.000 PS standhalten. Temperaturunterschiede zwischen plus 50 und minus 65 Grad dürfen den KomponentenRead more

Algerian Steel Group Cevital Bids to buy Lucchini’s plant for € 300 Millions (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

CEVITAL Rebrab  Italy

Algerian food processor Cevital has filed a binding bid to acquire Lucchini’s steelmaking plant in Piombino in Italy’s Tuscany region, as announced by Lucchini on October 20. Lucchini added that special commissioner for Lucchini, Piero Nardi, will soon start to analyze Cevital’s offer, but also bearing in mind the advanced situation with regard to the proposal made by Indian steelmaker JSW Steel. The Algerian group had recently stated that it plans to invest more than €300 million in the construction of a logistics platform and an agro-industrial production complex for the various activities of the company in the Mediterranean area. The group’s CEO Issad Rebrab had said the company’s aim is to “resume steel production in Piombino up to two million mt of special and standard steel products, with the installation of two furnaces to replaceRead more

FOMAS’s CEO Jacopo Guzzoni Growth Strategy (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

FOMAS CEO AJAX

Simon Ormerod, left, CEO of Ajax Rolled Ring and Machine in York talks with Jacopo Guzzoni, CEO of the FOMAS Group of Italy on Tuesday. The FOMAS Group recently purchased the York facility. (Credit Photo – DON WORTHINGTON) 

YORK — The new owners of Ajax Rolled Ring and Machine want to expand the company’s U.S. business, while also moving into Mexican and other Latin American markets. The FOMAS Group of Osnago in the province of Lecco, Italy, recently purchased Ajax Rolled Ring and Machine, a custom manufacturer of seamless rolled rings. Terms of the deal were not disclosed. Jacopo Guzzoni, CEO of FOMAS, said the acquisition helps complete the company’s expansion plans. FOMAS will now have plants in Italy, France, India, China and the United States. FOMAS started itsRead more

Alcoa’s Strategic Shift Towards Value-added Products (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Alcoa Forgings CEO

Eric Roegner, Chief Operating Officer, Alcoa Investment Castings, Forgings, and Extrusions, and President, Alcoa Defense, speaks during a dedication ceremony for Alcoa’s new aluminum-lithium plant Thursday, October 2, 2014, in Lafayette. The plant is the world’s largest aluminum-lithium plant where it produces advanced, third-generation aluminum-lithium alloys for the aerospace industry. (Credit Photo: Michael Heinz/Journal & Courier)

Eric Roegner – pictured above, chief operating officer for Alcoa investment castings, forgings, and extrusions – explains the company’s aerospace solutions role.

Alcoa does a lot more than supply aluminum. The company also is a global leader in lightweight materials engineering and manufacturing. It holds key market positions in aerospace sheet and plate produced by its midstream business, Global Rolled Products (GRP). Its downstream business, Engineered Products and Solutions (EPS), produces aerospace forgings, extrusions, investment castings, and fastening systems. In 2013, these two value-add businesses – GRP and EPS – accounted for 57% of Alcoa’s total revenues. Alcoa’s downstream component is composed of businesses heavily weighted toward aerospace. Unlike the sheet and plate business, most of the downstream businesses will both design and qualify parts such as fasteners or investment castings, where the company will work closely with a customer to optimize form, fit, andRead more

Bharat Forge Inks Deal With French Aerospace Giant Safran (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Baba Kalyani, Chairman and Managing Director, Bharat Forge (Credit Photo @Business India)

Bharat Forge, India’s high technology component firm has entered into a partnership with French multinational aerospace and security giant to supply high integrity forged and machined components for commercial aircraft applications of Safran’s global affiliates. The companies have been working together for the past 18 months on a demonstrator phase for trial production of critical forgings in severalRead more

Amit Kalyani : “We want to evolve from a component maker to a solutions provider’

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

AMIT Kalyani 002

Bharat Forge Ltd has chalked out a two-level strategy to double its annual revenue by 2018 from around ₹3,500 crore now. Nearly half of this will come from non-auto businesses. The strategy essentially involves moving from components into systems, and then become a provider of complete solutions in both the auto sector and non-auto industries. In a conversation with BusinessLine, Amit Kalyani, Executive Director, spelt out the Pune-based forging company’s plans.

You plan to double revenue in a little over three years. How will you achieve this?

We want to increase productivity, and also raise the share of value-added products (systems). Essentially, we are turning our present model on its head. Earlier, our model would first set up capacity, develop products, get a customer and thenRead more

Baba Kalyani’s Defense Strategy (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

Baba layani defense Strategy

MUMBAI: Flashback to 1999, and the Kargil war. The military is forced to abort missions due to heavy casualties. Then it decides to deploy the controversial Bofors gun to destroy Pakistani outposts from various vantage points. The strategy pays off, but the military realises it will soon run out of ammunition to feed the howitzers. At the urging of army commanders, the defence ministry turns to Baba Kalyani and his company Bharat Forge to make shells for its Bofors 155mm howitzers. Kalyani, chairman of the Bharat Forge Group, recalls how the company got the “emergency order” to make 1 lakh shells. That’s how the company’s ability to turn out high-quality products at short notice, which helpedRead more

Kleinfeld: Alcoa’s transformation delivering substantial results (US)

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInPin on PinterestEmail this to someonePrint this page

ALCOA CEO

(Credit Photo @ Chris Ratcliffe/Bloomberg)

Alcoa Inc. Chairman and CEO Klaus Kleinfeld said the company has reached the point where its transformation is starting to deliver substantial results. “I think there is no other way to describe it,” Kleinfeld said. “It has been a standout quarter with all of Alcoa’s businesses firing.” Speaking on a conference call with industry analysts Wednesday evening, Kleinfeld attributed the company’s results to a focus on smart investments and innovation.

“We are to the point where we are seeing our transformation deliver,”

Alcoa Inc. Chairman and CEO Klaus Kleinfeld

Shortly before the call the company reported net income of $149 million, or 12 cents per diluted share, for the third quarter. This compares to net income income of $24 million, or 2 cents per diluted share, in the year-ago quarter. In recent years, Alcoa (NYSE: AA) has been aggressively transforming its portfolio away being commodity-dependent by placing a strong focus on itsRead more