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CIS export pig iron prices dip on cheaper scrap costs
Export prices for CIS-origin high-manganese pig iron have fallen over the past week, as Turkish buyers preferred scrap that has fallen in price while Italian consumers had sufficient stocks of pig iron. Prices for low-manganese pig iron have remained largely... Read more
Chassix, the Michigan-based automotive foundry group, announced plans for a $50-million greenfield plant in the Czech Republic, to produce aluminum chassis and powertrain parts for passenger vehicles. The new foundry will produce aluminum parts and also offer finish machining and... Read more
Automotive › Nemak opens US$ 200 million plant in Nuevo Leon
Monterrey-based automotive supplier Nemak opened a US$ 200 million to produce aluminum parts in Garcia, Nuevo Leon. The production site will manufacture cylinder blocks and transmission cases for automakers such as Ford, General Motors, Audi and Volkswagen using a high... Read more
Foundry › MODERNIZATION OF FOUNDRIES IN PAKISTAN
When the term “modernization of Industry” is used, generally the first image that forms in the mind is of “the latest machinery”. Sometimes I feel that in the name of modernization of foundry the sales people are taunting us to... Read more
Economy › BUSINESS DAY China’s Plan to Build Its Own High-Tech Industries Worries Western Businesses
China has charted out a $300 billion plan to become nearly self-sufficient by 2025 in a range of important industries, from planes to computer chips to electric cars, as it looks to kick-start its next stage of economic development. But... Read more
Two scientific sessions for graduate and PhD students were held on the first day along with an industries session where, amongst other things, practice in foundries and modern research solutions and measuring instruments for science and industry was considered. The... Read more