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Indiaproduced 16.391 million tonne (MT) of crudesteelin the first two months of the current fiscal, up 4.5 per cent year-on-year.It had produced 15.683 MT in the same period of last fiscal.Output in May was 8.163 MT, up 2.2 per cent, from 7...
Essar Steeltoday said it aims to achieve 25 per centmarket sharein auto-grade steel over the next couple of years through strategic alliances and new product development.Automotive high strength steel grades maintain the safety standards of...
Aluminium, the best performer of 2017 on a year to date basis; however seems to have run out of luck in June as it is the only base metal on the losing side.Aluminium prices on the LME and MCX have plunged by 2.5 and 1.8 percent respectivel...
Maxon’s new IDX compact integrated servo gearmotor + drive combines a powerful, brushless EC-i motor and an EPOS4 positioning controller, which can be complemented with a maxon planetary gearhead when required. This integrated motor stand...
The CC-Link Partner Association (CLPA) has announced that the Intel Corporation has joined the organization as its latest member. The strategic partnership is well aligned with both parties’ ongoing efforts to develop and promote the appl...
The impact ofGST, which is due to be implemented with effect from July 1, 2017, is largely expected to be neutral on thesteel sector. While pre GST, rates on steel are at 18.1%, the GST rates have been kept at 18%.Hence the impact will be l...
TheLondon Metal Exchange(LME) launched six new cash-settled futures contracts on Monday, including for battery metal lithium andaluminium scrap. The worlds oldest and largest market for industrial metals hopes to attract new business from t...
Foundation announced Mary Ellen Doran as the Foundation’s new executive director. She assumed the role in June 2021. The appointment comes after the retirement of Cindy Bennett, AGMA Foundation executive director, who had held the positio...
Through a subsidiary,Spirit AeroSystemshas acquired the assets ofApplied Aerodynamics, a composite maintenance, repair, and overhaul (MRO) company based in Farmer Branch, Texas. The acquisition expands Spirit’s existing MRO infrastructure...
TheCoolSpeedmini ultra-high-speed spindle rotates at speeds up to 75,000rpm for micromachining applications. The spindle turbine is driven by coolant, cutting oil, or air mist. It fits in standard tool holders for cylindrical tools, and is...
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