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Corona Crisis - Survey
German Foundry Industry Expects Drastic Drop in Sales for 2020
Current Developments
Coronavirus Impacts Metal Industry
Research Analysis
Optimism for Aluminum Industry Post-COVID
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Technologies
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Lightweight Design
Artificial Intelligence Optimizes Vibrations
Lightweight Design
New Shaker Design with Accelerations up to 1000g
Increased Productivity and Tool Life
Laser Deposition Welding – Economic Reparation
Automation
New Robotic Welding Cell Developed
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Corona Crisis
Foundries - Corporate Strategy as Key to Success
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Coronavirus Impacts Metal Industry
Supplier Of The Year Awards
GM Honors Top Global Suppliers for Innovation and Performance
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Heat Protection Clothing in the Foundry Industry
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Trade Fair
EUROGUSS Mexico Postponed to May 2021
EUROGUSS 2020 Talent Award
Copper Alloys - Plunger Tips for HPDC Industry
Light Alloy Die Casting
Intelligent Temperature Control of Die Casting Tools
:quality(80)/images.vogel.de/vogelonline/bdb/1722100/1722118/original.jpg "Only a minority of 6% of the companies surveyed expect stable to slightly rising sales for the current year.")
:quality(80)/images.vogel.de/vogelonline/bdb/1674400/1674413/original.jpg "The consequences of the coronavirus on the light metal industry are not yet fully foreseeable.")
:quality(80)/images.vogel.de/vogelonline/bdb/1717800/1717812/original.jpg "\"The aluminum industry – like all industrial sectors – is still facing a testing future in the short term, but there should be cause for optimism.\"")
:quality(80)/images.vogel.de/vogelonline/bdb/1715900/1715960/original.jpg "With the use of AI, the scientists at Fraunhofer LBF are able to solve vibration engineering problems from experimental or numerical analysis to the implementation of suitable measures.")
:quality(80)/images.vogel.de/vogelonline/bdb/1717900/1717959/original.jpg "This picture shows the numerical simulation of the overall structure for resonance determination.")
:quality(80)/images.vogel.de/vogelonline/bdb/1718100/1718152/original.jpg "The new Lasertec 3D hybrid series combines additive manufacturing using a powder nozzle and 5-axis simultaneous milling in one work area.")
:quality(80)/images.vogel.de/vogelonline/bdb/1717500/1717595/original.jpg "There are three types of welding cells to choose from, with the difference lying in the design of the rotary positioners that pick up the components and swivel them into the welding cell.")
:quality(80)/images.vogel.de/vogelonline/bdb/1718700/1718761/original.jpg "The necessity of a corporate strategy is still questioned in many companies.")
:quality(80)/images.vogel.de/vogelonline/bdb/1719700/1719719/original.jpg "The Supplier of the Year, Overdrive and Innovation award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives.")
:quality(80)/images.vogel.de/vogelonline/bdb/1717600/1717651/original.jpg "For use at high-temperature workplaces, workers need heat protection clothing that can withstand radiant heat of up to 1,000 °C.")
:quality(80)/images.vogel.de/vogelonline/bdb/1708700/1708753/original.jpg "The next EUROGUSS Mexico will take place from May 4th to 6th 2021 at Expo Guadalajara, Mexico.")
:quality(80)/images.vogel.de/vogelonline/bdb/1689700/1689720/original.jpg "Scientific studies are being carried out to create innovation of new materials of lower cost with optimal properties for the HPDC industry.")
:quality(80)/images.vogel.de/vogelonline/bdb/1682600/1682666/original.jpg "In the thermally relevant tool segments, the temperature control must be individual, efficiently controllable and possibly variable in time.")
Commodity Prices in December 2017 Global Commodity Prices Rise Again
World commodity prices rose by 7.4 % in November 2017. As a result of the stronger euro, the increase in domestic currency was slightly lower at 6.2 %. This was mainly due to higher energy and metal prices. The experts of Industriebank IKB published the charts in this picture gallery for a detailed quarterly overview.
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The experts at Industriebank IKB expect the Dollar-Euro exchange rate to move slightly above $ 1.15 during the first quarter of 2018.
The charts in this picture gallery show the developments of individual raw materials. The IKB experts explicitly point out that the price developments for metallic raw materials, other alloys and types of plastics may differ. In addition, the industrial bank observes major regional price deviations for some types of commodities.
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337181/original.jpg "World crude steel production: By the end of October 2017, world crude steel production had risen by 5.6 %. Growth was somewhat weaker in Europe (3.7 %) and North America (4.1 %). Experts expect an increase of over 4 % in 2017. This is mainly due to a base effect in China where production in illegal steel mills has been shut down and demand has moved to the official sector. IKB estimates the volume to be at around 100 million tons per year. In Germany, IKB Industriebank expects an output in excess of 43 million tons. Turkey has recorded a growth of 13 % since January, but this is difficult to verify. Domestic demand is driven by the automotive and construction industries. Import duties also continue to have a positive effect. Southern Europe ordinary steel continues to suffer from high imports.")
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337182/original.jpg "Development of steel prices: Although spot market prices for iron ore ex China remained largely stable on average, prices rose in the course of the month. The satisfying supply of ore hampers further price increases. Coke coal quotations increased by about $ 9/t. Following the increases of the previous months, world crude steel prices contracted slightly in the second half of November 2017. Within Europe, a reduction of 0.5 % compared to the October average was observed for hot-rolled wide strip. Despite stable zinc prices, galvanized sheet metal has fallen by 3.5 %. Wire rod remained largely stable on a monthly average. All in all, import duties have certainly helped the market somewhat, although some Eastern European suppliers tried to gain a stronger foothold. With regard to European steel prices, IKB still expects a slight decline (maximum -2 %) and prices should pick up again in February.")
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337183/original.jpg "Aluminium production: Worldwide primary aluminium production expanded by 2.8 % by the end of October 2017. IKB expects production in 2017 to reach 60 million tons. Within four months, Chinese production was 4.6 % above the previous year's level. This growth was also attributable to the rest of Asia (+ 13.6 %). Production remained stable in Europe and declined by around 2 % in North America. The overall market in 2017 is likely to register a small supply deficit. The worldwide demand for primary and recycled aluminium continues to be driven by the demand for lightweight construction in the automotive industry and the aviation industry. In addition, certain mechanical engineering sectors also relied on lightweight construction. The recovery of the construction industry in continental Europe and the packaging sector also stimulated demand.")
:quality(80)/images.vogel.de/vogelonline/bdb/1337100/1337184/original.jpg "Aluminium Stock levels: The inventory levels of primary aluminium at LME have continued to decline: they now stand at 1.1 million tons. At SHFE, inventory levels have increased to around 694,000 tons, with a further 44,000 tons in Comex's warehouses. This means that there is still a good stock of supplies, even though there will likely be a small supply deficit in 2017. The LME stocks of recycled alloys account for only 12,100 tons. The inventory levels correspond to the total consumption (primary and recycled aluminium) during around 9.5 days. New capacities for recycled aluminium continue to secure supplies. By the end of the first quarter of 2018, IKB expects a further reduction in stocks of primary aluminium, the threshold of 1 million tons at LME is likely to be affected.")
This article was first published by Process.
(ID:45073476)
:quality(80)/images.vogel.de/vogelonline/bdb/1505500/1505575/original.jpg "The recycling industry’s value chain consists of collection systems, dismantling companies, metal dealers and scrap processors.")
:quality(80)/images.vogel.de/vogelonline/bdb/1702600/1702685/original.jpg "As response to the corona crisis, Alcoa is taking strong measures to protect its workforce and its locations from the threat caused by COVID-19.")