Reports indicate that global steel production has experienced exponential growth over the past 70 years, with projections suggesting even higher levels in the future. This is attributed to factors such as population growth, globalization, extensive infrastructure projects, increased manufacturing, a complex supply chain, and the growing demands across various sectors. Steel and its products hold immense significance in global trade and serve as vital contributors to the economic progress of…
Residues left on components from forming oils and other contaminants can negatively impact product quality. Therefore, the process of degreasing cleaning plays a crucial role in enhancing the cost-effectiveness of the manufacturing process. In the manufacturing process of sheet metal parts and metal, lubricants and oils are often used to facilitate processing, such as cooling lubricants in turning, milling, or forming oils. However, these fats and oil residues can negatively…
The Brooklyn Bridge was inaugurated in May 1883 to great fanfare and a spectacular fireworks display. However, the truth is that the project had been in the works for 13 years, during which time several of the project’s leaders fell ill or died. Ultimately, it was the determination of a woman named Emily Warren Roebling that ensured the bridge’s completion. When it was inaugurated, the Brooklyn Bridge was a remarkable…
The Availability of a Critical Electric Vehicle Motor Component Could be Limited by 2027 While the conversation around electric vehicle manufacturing has predominantly revolved around lithium sourcing for batteries, the availability of another crucial component, electrical steel, may also become limited in the next few years. With the industry largely dominated by foreign manufacturers, US-based companies are striving to increase production to stay competitive. According to analysts, there is a…
At Steaven Richard’s workshop, traditional forging techniques are seamlessly integrated with digital technology, resulting in the creation of one-of-a-kind masterpieces. Located just a few kilometers away from Fontainebleau, Steaven Richard’s new workshop space is an expansive 1600 m2 hangar where he and his team have been settled for a year and a half now. This expansion was necessary due to the increasing number of orders, many of which were of…
Based in Trith-Saint-Léger in the North, LME has just replaced one of its ovens. A budget of 25 million euros per year over five years is devoted to the decarbonization of the site. The steelmaker has also just marketed its first carbon-compensated steel. LME specializes in the manufacture of rolled steel. The only French site of the Italian group Beltrame, it is starting a vast decarbonization plan in Trith-Saint-Léger, in…
The initiative minimizes the environmental impact due to the accumulation of waste and, in addition, it is a business opportunity for companies in the sector. For every ton of copper produced in Chile, about 2.2 tons of slag or mineral residues are also generated, which end up accumulated in landfills and are considered an environmental liability. Observing these figures, the Research in Powder Metallurgy (RPM) Laboratory, of the Department of…
During November 2022, Indian smelters produced 10.335 million tons of steel, down 1% from the previous month and up 5% year on year. Production of finished steel decreased by 4% versus October to 9.549 million tons, but grew by 3% year-on-year, SteelMint reports citing preliminary JPC statistics. Since the beginning of the financial year (April-November 2022), steel production in India increased by 5.55% year-on-year to 81.889 million tons. Rolled metal…
American steelmakers believe that the price of hot-rolled coil at the beginning of 2023 will be below $650/t Many steelmakers in the US believe that the price of hot rolled coil will be below $650/t at the beginning of 2023, which is in line with the usual downward trends at the end of the previous year. This is stated in Michael Cowden’s column for The Fabricator. Some market participants are…
The Ministry of Finance of India canceled from November 18 the effect of export duties on a wide range of steel products and on iron ore raw materials containing less than 58% iron. These duties came into effect on May 22, 2022 and have been canceled as suddenly as they were introduced. Now the export duty of 30% has been retained only for iron ore and concentrate with more than…