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Volvo launches green castings for engines

Volvo Group in India has launched the its first eco-friendly castings that will go into building its engines. This sets online with their commitment to become a climate neutral company by 2040 which also includes its supply chain and global... Read more

Iron Ore › Iron ore price sinks amid growing pessimism over demand outlook in China

The iron ore price plunged more than 8% on Monday as steel mills idled blast furnaces amid growing pessimism over the demand outlook in China. Benchmark 62% Fe fines imported into Northern China fell 8.18%, to $111.69 per tonne, the... Read more

Foundry › MAT Foundry Group announces multi-year contract extension with Metalshub

Duesseldorf, May 17, 2022 - MAT Foundry Group announced today to extend its multi-year agreement for the use of Metalshub, a digital supply chain solution for raw material procurement. The MAT Foundry Group will be expanding the range of materials... Read more

Foundry › INNOVATIVE SAND CORES WITH WATERSOLUBLE BINDER SYSTEMS FOR THE NON FERROUS SECTOR

A key limit on the high pressure die casting process (HPDC) is the inability to produce complex, hollow castings at high volume and in a cost-effective and sustainable way, due to the difficulty in producing suitable cores. Standard sand cores... Read more

Pig iron › The occupiers are preparing to export stolen Ukrainian goods through the port of Kherson

The so-called "administration" of the Russian-occupied Kherson Oblast announced the resumption of operation of the commercial seaport and cargo transhipment. This was reported by Russian mass propaganda media, with reference to the so-called Military-Civil Administration of the temporarily occupied Kherson... Read more

Foundry › USA - The largest white iron foundry in the world is open for business

Capable of producing 20,000 tons (18,000 tonnes) of white iron and turning out efficient slurry pumps and parts that can weigh up to 60,000lbs, the new KSB foundry is at the end of a more than US $100 million capital... Read more

Iron Ore › Iron Ore Futures Hit 10-Month High, with Focus on Demand Recovery and Policy Orientation

On the whole, the demand recovered in east and north China before the Dragon Boat Festival, with a strong outlook on post-holiday production recovery. The average daily pig iron production has been at a high level, generating strong demand for... Read more

Foundry › Light Metal Foundry at BMW Group's Landshut Plant Relies on Electric Heating Stations for Aluminum Smelter

Electricity Instead of Gas The light metal foundry at the BMW Group plant in Landshut continues to be pioneer in sustainability. Thanks to electrically powered heating stations, the BMW Group plant manages to save around 60 tons of CO2 per... Read more

Iron Ore › Iron ore price to fall 27% by end of 2022: CBA

Key Points:- Iron ore prices hit all-time highs of almost US$220 per tonne last July- CBA sees iron ore finishing the year at US$100 per tonne- Significant reductions in iron ore prices could see the ASX 200 miners reduce future... Read more

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