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India's fuel demand rose 2.8% in August compared with the same month last year, but were at their lowest level in nine months.
More information 2019-09-12Mobile system for testing composite materials with USB 3.0 uEye LE camera The combination of two or more materials often creates unique properties. Particularly beneficial qualities of the components can be emphasized and combined. For this reason, industry likes to use composite materials. However, the in-homogeneous structure of the material must also be taken into consideration. During machining, for example, fraying and chipping can occur on bores or milled edges. The portable optical inspection system from Math & Tech Engineering GmbH with an integrated USB 3.0 camera from IDS automatically detects and evaluates specific processing errors. This ensures better reproducibility of the measurement results and enables accurate documentation.
More information 2019-09-12In January, Baosteel Zhanjiang, a subsidiary company of the Chinese corporation Baoshan Iron and Steel Co Ltd. (Baosteel) has placed an order for a continuous slab caster with Primetals Technologies. The caster, CCM 3, will be set up in the Baosteel production site in Guangdong Province in South China, where Baosteel Zhanjiang already operates two slab casters supplied by Primetals Technologies since late 2015.
More information 2019-09-06Both domestic and import line pipe prices sank in August, Kallanish learns from analyst and data collector Pipe Logix.
More information 2019-09-06Russia is collaborating with the OPEC in fixing oil production quota with a view to controlling the prices.
More information 2019-09-02US flat product steelmakers are bucking the seasonal price trend, by pressing for a rise in local values, despite the summer lull in activity. Domestic suppliers, in an attempt to stave off the threat of further losses, introduced a series of list price hikes, during the July/August period. Local mills had little option but to implement such measures, as they aimed to recoup rising input costs.
More information 2019-09-02The US Environmental Protection Agency proposed removing oil and gas transmission and storage operations from regulations under federal New Source Performance Standards.
More information 2019-09-02Chinese rebar futures gained on Thursday while hot rolled coil was steady. Production cutbacks are continuing to draw down inventories, but with only a modest impact on steel prices, Kallanish notes.
More information 2019-08-23LVD Company nv has announced it has acquired Compac S.r.l. of Urbino, Italy, a provider of industrial automation. LVD has partnered with Compac since 2016 to produce automatic warehouse systems for numerous LVD laser cutting equipment installations in Italy. The acquisition expands LVD’s portfolio of automation systems for flat sheet and tube laser cutting machinery.
More information 2019-08-23US oil country tubular good prices failed to budge last week as the market remains stuck with inventory overhang, Kallanish understands.
More information 2019-08-23