Archive for the ‘Metal’ Category

Continental Packaging Solutions’ custom injection molds were built for one customer to produce a plastic mushroom cap that mimicked the look of its costlier metal cousin

Wednesday, July 18th, 2007

Continental Packaging Solutions' custom injection molds were built for one customer to produce a plastic mushroom cap that mimicked the look of its costlier metal cousin. According to the company, the customer saved 45%.

ATI Allvac announces price increases

Wednesday, July 26th, 2006

Allegheny Technologies Incorporated announced that ATI Allvac is increasing prices on all nickel- and cobalt-based superalloys, vacuum-melted specialty steels and titanium alloy products by 5% to 9% effective immediately. Allvac's existing raw materials index and surcharge policies remain in effect. These increases are necessary to help offset rising manufacturing costs and for ...

US specialty steel producer Carpenter to add titanium surcharge

Wednesday, July 26th, 2006

US specialty steel alloys manufacturer and distributor Carpenter Technology said Thursday it will begin to include titanium in its raw material surcharge formula for titanium bearing grades of specialty alloys. The change in the surcharge will go into effect with shipments beginning May 1, 2005. The surcharge will be based upon ...

China to progressively eliminate substandard steel alloy makers by next year

Wednesday, July 26th, 2006

The NDRC (National Development and Reform Commission) announced Tuesday that it would select the first series of qualified steel alloy makers, and will announce the list at the end of this year. The policy was launched to clean up the chaotic steel alloy sector, protect the environment, and conserve energy. According to ...

China bars foreign control of steel companies

Wednesday, July 26th, 2006

China on Wednesday unveiled its first blueprint for the iron and steel industry in which foreign steel giants have been barred from acquiring majority share in domestic steel companies and the threshold of entry for global entities into the booming market has been raised. Foreign investors have not yet been allowed ...

India – Alloy steel makers line up massive expansion plans

Wednesday, July 26th, 2006

Leading alloy steel manufacturers Mukand, Usha Martin, Mahindra Ugine, Sun Flag and Aarti Steel have lined up massive expansion plans lured by the booming demand from automobile and components sectors. This expansion spree is expected to double the 2.12 million tonne domestic alloy steel market in a couple of years. Mukand ...

US metals distributor A M Castle to expand in 2006

Wednesday, July 26th, 2006

A M Castle plans to open a new service center in northern Alabama and "significantly" expand its Montreal, Canada, facility during the first half of 2006, the US metals and plastics distributor said Tuesday. "These investments increase our presence in two strong growth markets," said Stephen Hooks, president of the company's ...

ISMT hikes alloy steel melting capacity

Wednesday, July 26th, 2006

Indian Seamless Metal Tubes (ISMT) is on a de-bottlenecking and modernisation drive which will see its alloy steel production increase from the present 190,000 tonnes per annum to over 300,000 tonnes by June this year. In addition to the increase in output, the Pune-based company will also save about Rs 1,600 ...

Visa to focus on value added products

Wednesday, July 26th, 2006

Visa Steel, a part of the Rs 1,644 crore Visa group, is entering the capital market to finance a part of the capital expenditure for brownfield expansion of its existing manufacturing facilities. The company is planning an integrated 0.5 million tonne special and stainless steel plant at Kalinganagar Industrial Complex in ...

India cuts import duty on metals to 7.5% from 10%

Wednesday, July 26th, 2006

The Indian government has slashed the customs duty on import of alloy steel, primary and secondary nonferrous metals to 7.5% from 10%. The import duty cut will impact metals such as alloy steel, copper, aluminium, zinc and lead. Finance Minister Palaniappan Chidambaram Tuesday announced the duty cut in Parliament, while ...