Future Market Insights provides critical insights on the precision stainless steel market, in its published report, which includes the global industry analysis 2014-2018 and opportunity assessment 2019-2029. In terms of market value, the global precision stainless steel market is projected to expand at a CAGR of over 4% during the forecast period, owing to various factors, regarding which, FMI offers thorough insights and forecasts in this report. The global precision stainless stee

Nickel pig iron has dominated growth in the supply side of the nickel market in recent years. This year global NPI production is forecast to rise to 927kt equal to 39% of global production driven by rising output in both China and Indonesia. Class 1 nickel is used in both the stainless and non-stainless sectors but this growth in NPI has curtailed the usage of class 1 in stainless. Nonetheless, given our demand growth forecast from the battery sector, chiefly driven by electrificati

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it has signed a conditional share purchase agreement with private equity investment firm PARTER Capital Group AG, based in Schindellegi, Switzerland, to acquire the Alcoa Avilés and La Coruña aluminum plants in Spain. The plants include the casthouses at both facilities and the paste plant at La Coruña, which are currently in operation, and the two curtailed smelters.

Tata Steel Kalinganagar (TSK) has been included in the list of the World Economic Forum’s (WEF’s) Global Lighthouse Network, a community of manufacturers that are showing leadership in applying Fourth Industrial Revolution technologies to drive financial and operational impact. TSK is the first and the only Indian manufacturing plant to be included in the WEF’s Lighthouse Network. On July 3, 2019, the WEF announced the addition of 10 new factories, including TSK, t

Two events have served as the catalyst for improved US rolling margins and have spurred numerous investments in capacity. First came the US anti-dumping and countervailing duty investigations on Chinese foil and common alloy products which decimated such trade between the two countries. In the aftermath of the Section 232 and 301 investigations, China retaliated by slapping a 50% import duty on US aluminium scrap, again collapsing such trade. The dumping cases brought life to a US r

Harsco Corporation announced today that its Environmental division has signed a 7-year contract with Moon Iron and Steel Company (MISCO).  The contract, valued at $38 million, calls for the provision of mill services at Moon Iron and Steel Company S.A.O.C. (MISCO)’s upcoming steel manufacturing facility in Sohar, Oman. Under the terms of the agreement, Harsco will provide under-furnace digging and clean-up, internal scrap collection and processing, metal recovery, materia

One of China's largest steel producers recently awarded Primetals Technologies an order to optimize the processes of one of its continuous casters. This meant that the leading supplier of automation systems in the metallurgical industry celebrated its 150th order in the last ten years alone for process automation systems (Level 2) in continuous casting. Advanced automation packages and cyber-physical models are in especially high demand. Continuous caster operators save time and money by

Aluminium China and Lightweight Asia 2019, which will be held by Reed Exhibitions from July 10th to 12th, will showcase a new chapter in the aluminium industry by exploring the green manufacturing trends involved in the developments and products in the automotive, construction, transport, aerospace and consumer durables industries. Aluminium Leading the Boom in Consumer Electronics with White Goods In recent years, in order to meet modern consumers’

The year 2019 marks the 15th anniversary of Aluminium China. Building on the success of the past 14 editions, Aluminium China 2019 will keep focusing on raw materials, semi-finished and finished products, machinery and solutions for the complete industry chain in the fields of construction, building, automotive, transportation and consumer durables. As the leading aluminium exhibition in Asia, it gathered 600 leading exhibitors and 24,789 trade visitors and buyers from 91 countries at its las

ArcelorMittal (‘the Company’) announces that yesterday it completed the sale to Liberty House Group (‘Liberty’) of several steelmaking assets that form the divestment package the Company agreed with the European Commission (‘EC’) during its merger control investigation into the Company’s acquisition of Ilva S.p.A. Assets included within the divestment package are: ArcelorMittal Ostrava (Czech Republic), ArcelorMittal Galati (Romania), Arcelo