Company debuts world’s first fossil-free steel-making technology (US)

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Sweden-based SSAB, which has operations around the world, has invested $800 million in its Alabama steel mill. The company is moving its U.S. headquarters to Mobile.

A new pilot facility under construction in northern Sweden will produce steel using hydrogen from renewable electricity. The only emissions will be water vapor. With a growing global population and greater urbanization, coupled with technological advancements in pre-engineered metal buildings with high structural integrity, the global steel market is expected to reach US$1.01 trillion by 2025.  Yet, at the same time, the steel industry is one of the highest CO2-emitting industries in the world, accounting for 7.0 percent of CO2 emissions globally. This means the Continue reading→

Sheffield Forgemasters Enables Swiss Nuclear Power Plant to Restart (US)

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A manufacturer of components for civil nuclear power has completed manufacturing, research and consultancy work to allow the world’s oldest working nuclear reactor to restart. (On photo Professor Jesus Talamantes-Silva)

Sheffield Forgemasters International Ltd (SFIL) was contracted by plant operator, AXPO, to investigate the origin of ultrasonic indications which were detected in the Reactor Pressure Vessel (RPV) of Unit 1 of the Beznau nuclear power plant (KKB) in Switzerland, which was taken offline for two years until confirmed to be safe by the Swiss Federal Nuclear Safety Inspectorate (ENSI). Forgemasters manufactured a large cylindrical forging, identical to the body of the RPV, using techniques employed in the original 1960s manufacture and also acted as engineering and metallurgical consultants, establishing a root cause analysis and delivering detailed reports to support the safety case Continue reading→

Growth of New Energy Vehicles Puts Demand for Aluminium Alloy on Fast Track (US)

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SHANGHAI, May 17, 2018 /PRNewswire/ — The growing use of lightweight materials for the new energy vehicles is driving demand for aluminium alloy in China and around the world. At the last Auto China show alone, leading brands showcased 174 new energy models and it is predicted by 2020, the number of new energy vehicles in China will reach 2 million. This rapid growth in both production and sales is underpinned by government policiesContinue reading→

Thyssenkrupp, Voestalpine subsidiaries seek U.S. tariff exemptions (US)

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FRANKFURT (Reuters) – U.S. subsidiaries of European steelmakers Thyssenkrupp (TKAG.DE) and Voestalpine (VOES.VI) have applied for exemptions from looming import tariffs in the United States, according to company comments and public filings.The filings, first reported by German magazine WirtschaftsWoche, have been made by Thyssenkrupp Presta Danville LLC, which requires assembled camshaft tubes, and U.S. subsidiaries ofContinue reading→

Fushun Special Steel Sinks Deeper Into Trouble (US)

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Fushun Special Steel was once seen as the star subsidiary of Dongbei Special Steel, the country’s biggest bond defaulter, and was excluded from the bankruptcy and restructuring of the state-owned steel giant in 2017 because it was profitable. Also based in Liaoning, the heart of the country’s rustbelt, Dongbei Special Steel was revived after creditors agreed to a restructuring plan that involved Jiangsu Shagang Group Co. Ltd., China’s largest privately-owned steelmaker, investing 4.46 billion yuan to become its largest shareholder with a 43% stake. A person with knowledge of Dongbei Special Steel’s bankruptcy restructuring told Caixin that Fushun’s inventory problems were found only after Jiangsu Shagang came in as a strategic investor and conducted its own audit. Previously, Fushun had not allowedContinue reading→

Dual-use ventures help start-up to create 3D printing entire rocket with high performance alloys (US)

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Using 3-D printing technologies and proprietary alloys,  will generate entire rockets. Automating rocket manufacturing would result in comparatively low-cost, high-performance spacecraft operational much faster than today’s rockets – Ellis estimates 60 days, in contrast to the 12 to 18 months it currently takes. And the efficiency doesn’t end there.

Five rapidly growing companies pitched their business models on Nov. 30 to a room of senior military officers and investors, including Gen. (ret.) David Petraeus, at this fall’s “Real Deal @ USC” at the Marina Del Rey Hotel. “This is a wonderful opportunity for us to highlight all the interesting things we do here at USC in the area of innovation and commercialization,” said Yannis Yortsos, dean Continue reading→

Pratt & Whitney adds nanoparticules to its nickel based superalloys to make engine components (US)

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Alan Epstein, Pratt & Whitney’s vice president for Technology & Environment :  ” To create light and resilient engines, Pratt & Whitney has added nanoparticles to its engine materials. Nickel-based superalloys – materials made of different metals mixed together to improve strength – are used to make engine components ” 

Creating lighter yet powerful engines is just one way the aviation industry is trying to reduce its environmental impact.

Imagine how much cleaner the air would be if 3 million cars were taken off the roads in your city. A hint: Banning just half of Beijing’s 3.3 million cars before the 2008 Olympics cleared its skyline within a few days. The world’s skies may clear in an equally dramatic fashion if the aviation industry could succeed in cutting carbon dioxide (CO2) emissions through more efficient engines, sustainable fuel and use ofContinue reading→

LISI : annonce un investissement industriel de 110 millions d’euros (FR)

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Forges de Bologne fabrique pour l’aéronautique, des structures (hublots, pièces de plancher, supports de sièges, trains d’atterrissage etc.) et des aubes de turbines pour les moteurs d’avion. © Forges de Bologne.

LISI poursuit la transformation du site des Forges de Bologne (Haute-Marne) engagée en janvier 2016. Ainsi, l’équipementier aéronautique et automobile confirme la construction d’une nouvelle usine sur le Parc Plein’Est de la communauté d’agglomération de Chaumont, pour l’ensemble des activités du site actuel de Bologne. Cet investissement immobilier, porté par la société d’économie mixte Continue reading→

Metalcam is under the threat of bankruptcy (Italian)

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According to the Italian newspaper Milano Finanzache  Metalcam the Italian special steels and forgings maker is under the threat of bankruptcy.  Metalcam is the last industrial participation of Carlo Tasara owned by Romain Zaleski.  The company is considering filling the article 161 of the Italian law to prevent bankruptcy at the Brescia court. Metalcam was not able yet to deposit its financial statements for 2016.  Metalcam sales decreased from M€ 103  to M€ 85 between 2014 and 2015 and the net profit decreased from M€ 11.5 to M€ 1.6 between 2014 and 2015.  Metalcam  debt was evaluated at M€ 196.7 included M€ 152 payable to banks. 

AA

Italian

MILANO (MF-DJ)–Strada in salita per Metalcam, l’azienda metallurgica rimasta l’unica partecipazione industriale della Carlo Tassara di Romain Zaleski. Qualche giorno fa, scrive MF, il presidente Giorgio Alberti ha tenuto una riunione del consiglio d’amministrazione cui ha partecipato fra gli altri l’amministratore delegato Mario Cocchi, legato da sempre a Zaleski. Alberti sottolinea che visto il bilancio 2016Continue reading→

Algérie : montée en puissance de la production métallurgique (FR)

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En Algérie, les importations des principaux produits sidérurgiques ont atteint un montant global de 36,4 milliards dollars sur les 6 dernières années. 

L’Etat algérien prévoit porter de sa production sidérurgique à 12 millions de tonnes par an à l’horizon 2020, contre une production actuelle avoisinant les 2,5 millions de tonnes. L’accélération de la hausse de la production résulterait de l’entrée en exploitation des projets publics et privés déjà en cours. L’Algérie serait sur la voie de décupler la production de son industrie sidérurgique. D’après leContinue reading→