Press Releases

Technavio has been monitoring the aluminum casting market and it is poised to grow by 6.81 mn MT during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.

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The "World - Aluminium Tubes, Pipes and Tube or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights. Update: COVID-19 Impact" report has been added to ResearchAndMarkets.com's offering. This report provides an in-depth analysis of the global aluminium tube market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports).

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In September 2020, the Steel Division of voestalpine, an international steel and technology corporation, awarded Primetals Technologies an order to modernize the basic automation systems of the continuous annealing line 1 (KGL1) in the Linz plant in Austria. The replacement of the now obsolete systems will improve the operational safety and availability of the annealing plant as well as increase personal safety. All the sequence controllers will be modernized, and the KGL1 safety concept will

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Primetals Technologies has received the final acceptance certificate (FAC) for two semi-automatic horizontal temperature and sample-taking manipulator systems installed at the two BOF converters at the steel plant of Dillinger Hütte (AG der Dillinger Hüttenwerke) in Germany. The aims of this modernization project were to improve operational safety by automating the processes and thus reducing physical presence of operators in potentially hazardous environment as well as to improve a

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In July 2020, EVRAZ NTMK, a Russian steel producer, awarded Primetals Technologies an order to upgrade process optimization of the four BOF converters in its Nizhnij Tagil plant in Russia. The intelligent software from Primetals Technologies will replace the existing Level 2. Currently, the converter operators frequently have to intervene manually. The new process optimization solution offers dynamic, physical models with greater computational accuracy, and will allow improved converter opera

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Penn Stainless Products has recently installed a new Mach 700 Dynamic Waterjet System from Flow Corporation at their Quakertown facility. With two independent bridges, four cutting heads, and a 157" x 479" cutting envelope, this state-of-the-art machine is a significant addition to Penn's waterjet department, which now features six Flow units. "Penn Stainless has taken its production to another level with the addition of the four-headed Mach 700," said Jody B

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Calgary based Steel River Group Inc. ("SRG" or the "Company") announced today a new strategic partnership with Tobacco Plains Indian Band. This partnership will enhance synergistic exploration and expansion of new markets in South East Region of British Columbia and includes immediate opportunities in the mining sector with Teck Coal and the TransCanada mainline expansion. Through this new partnership, Steel River Group and Tobacco Plains Indian Band will focus o

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The "Global Scrap Metal Recycling Market 2020-2024" report has been added to ResearchAndMarkets.com's offering. The scrap metal recycling market is poised to grow by 181.56 mn MT during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in the price of raw mat

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NLMK Group, a global steel company, has delivered premium laser-treated electrical transformer steel to SVEL Group, a leading Russian manufacturer of electrotechnical equipment. NLMK steel was used to make a 630 MVA three-phase potential transformer for the Krasnoyarsk Hydro Power Plant. Built in 1972, Russia's second-largest hydro power plant, the Krasnoyarsk HPP, is located on the Yenisei River near Divnogorsk. It supplies power to the Krasnoyarsk Aluminium Smelter. Currently,

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In August 2020, Primetals Technologies received an order from HBIS Group Handan Iron and Steel to upgrade an existing BOF converter in the steel plant in Handan, China, to a KOBM (“Kombinierter Oxygen Blown Bottom Maxhütte”) converter including the complete automation system.Compared to a BOF converter, the combined blowing from top and bottom in a KOBM converter results in a better bath mixing, and metallurgical reactions are closer to the equilibrium. In addition, lime inje

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