Price development of magnesium: The global demand for magnesium is expected to reach a CAGR of only 3.4 % to 1.2 million tons by 2020. The trend towards lightweight construction in the automotive and aerospace industries, including die casting, as well as the use of aluminium alloys are the main drivers. The average growth rate for the die casting segment and aluminium alloys is 4 %. China currently accounts for around 80 to 85 % of global production capacity and probably also for production. China's production capacity exceeds demand considerably. Some of the smaller suppliers are likely to withdraw from the market in the medium-term. The experts therefore do not see any further growth potential for the magnesium price until the end of the first quarter of 2018 and expect it to rise by $ 2,200 per ton with a margin of $ 300 per ton.
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:quality(80)/images.vogel.de/vogelonline/bdb/1745100/1745191/original.jpg "The negative development in operating earnings was chiefly due to the crisis-induced lack of sales in the second quarter of 2020.")
:quality(80)/images.vogel.de/vogelonline/bdb/1744900/1744927/original.jpg "The market for actuators is anticipated to grow at a fast pace.")
:quality(80)/images.vogel.de/vogelonline/bdb/1742100/1742148/original.jpg "The 3D printer VX4000 from voxeljet has a build envelope of 4000 x 2000 x 1000 mm.")
:quality(80)/images.vogel.de/vogelonline/bdb/1738200/1738250/original.jpg "This picture shows Rolf Philipp, Managing Director of the Aircraft Philipp Group (left) and Gerald Mayer, CEO of Amag Austria Metall AG (right) with the future logo of the joint company")
:quality(80)/images.vogel.de/vogelonline/bdb/1748500/1748503/original.jpg "The MetraSCAN BLACK dimensional metrology system has been developed to measure complex parts and assemblies from an array of industries and manufacturing processes.")
:quality(80)/images.vogel.de/vogelonline/bdb/1748100/1748157/original.jpg "Digital twin design process: Overview of the simulations.")
:quality(80)/images.vogel.de/vogelonline/bdb/1745500/1745523/original.jpg "The stationary filter unit is suitable for filtering medium quantities of welding fumes and dust at up to two workplaces simultaneously.")
:quality(80)/images.vogel.de/vogelonline/bdb/1744500/1744524/original.jpg "“Our experience so far shows massive value in leveraging AI to reduce waste and resource consumption, as well as to increase yield.”")
:quality(80)/images.vogel.de/vogelonline/bdb/1749900/1749964/original.jpg "An essential advantage of induction furnaces is the bath movement, which enables return material to be stirred into the melt.")
:quality(80)/images.vogel.de/vogelonline/bdb/1750000/1750086/original.jpg "“EUROGUSS 2022 is clearly an event not to be missed in this sector, and one that appeals to all die casting foundries, their suppliers, and of course all buyers of die cast components”.")
:quality(80)/images.vogel.de/vogelonline/bdb/1748600/1748689/original.jpg "Optomec’s automated solution typically replaces manual operations.")
:quality(80)/images.vogel.de/vogelonline/bdb/1749200/1749212/original.jpg "VW restructures its personnel.")
:quality(80)/images.vogel.de/vogelonline/bdb/1746900/1746979/original.jpg "The automotive industry and the mechanical and plant engineering sector are facing massive challenges. Thus, the foundry industry is also affected to a large extent.")
/cdn4.vogel.de/infinity/white.jpg "Price development of magnesium: The global demand for magnesium is expected to reach a CAGR of only 3.4 % to 1.2 million tons by 2020. The trend towards lightweight construction in the automotive and aerospace industries, including die casting, as well as the use of aluminium alloys are the main drivers. The average growth rate for the die casting segment and aluminium alloys is 4 %. China currently accounts for around 80 to 85 % of global production capacity and probably also for production. China's production capacity exceeds demand considerably. Some of the smaller suppliers are likely to withdraw from the market in the medium-term. The experts therefore do not see any further growth potential for the magnesium price until the end of the first quarter of 2018 and expect it to rise by $ 2,200 per ton with a margin of $ 300 per ton.")
