China is currently the world’s largest machine tool market with a total market value of 23 billion euros. Recently, China’s demand is 2.5 times that of the United States or Germany, which ranks second and third. In 2017, China’s huge machine tool consumption continued to rise, with
Read more →At the China CNC Machine Tool Show in 2018, a total of 150 German companies (25% more than the previous exhibition) participated in the exhibition from April 9 to 13, demonstrating the strength of their respective companies. Some companies participate in joint pavilions (German Pavilion) and are
Read more →After 30 years of development, China has become a major mold manufacturing and consumption country in the world, and has established a mold manufacturing system. In 2017, mold sales reached 200 billion yuan, showing steady development and optimization and upgrading. According to reports, China’s molds already have
Read more →Washington, D.C. – Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 3,327,000 net tons (NT) of steel in March 2018, including 2,480,000 net tons (NT) of finished steel (up 34.2% and 23.0%, respectively,
Read more →The NextGen sale represents the 8th offgas system and the first NextGen system to be supplied by Tenova in the Japanese steel market. Tenova’s proprietary NextGen system is a hybrid/extractive offgas technology system that delivers fast analytical response times and the most complete spectrum of process analysis
Read more →VISAKHAPATNAM, OCT. 24: The Visakhapatnam steel plant – Rashtriya Ispat Nigam Limited is planning to produce one million tonnes of special steel during 2017-18, according to Chairman and Managing Director P. Madhusudan. He was speaking in the plant on Tuesday after inaugurating the all-India special steel customers’
Read more →WASHINGTON, Oct. 17, 2017 /PRNewswire/ The U.S. Department of Commerce today announced the initiation of its changed circumstances review to determine whether two Indian producers, Viraj Profiles Ltd. (“Viraj”) and Venus Wire Industries Pvt. Ltd., including its affiliates Hindustan Inox, Precision Metals and Sieves Manufacturers (India) Pvt.
Read more →Abe Winograd’s career began out of a pushcart on the west side of Denver. “He would buy things from one person and sell them to another,” said Dan Winograd, Abe’s grandson. “He bought chickens and he bought eggs. He bought anything he could lay his hands on.”
Read more →China’s Jiangsu Shagang Co Ltd said on Monday it is expected to be the biggest shareholder of debt-strapped Dongbei Special Steel Group after a bankruptcy restructuring process. Owned by the Liaoning provincial government in the country’s “rustbelt” northeast, Dongbei Special Steel Group entered into the bankruptcy restructuring
Read more →By Maytaal Angel and Arnab Paul LONDON/BENGALURU (Reuters) – Tata Steel said on Tuesday it had agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum. The pipe mills in Hartlepool employ 140 people
Read more →