Machine Industries

Looking to decarbonize the metal industry, Bill Gates-backed Boston Metal raises $50 million   Image Credits: Getty Images under a license. Steel production accounts for roughly 8% of the emissions that contribute to global climate change. It is one of the industries that sits at the foundation of the modern economy and is one of the most resistant to decarbonization. As nations around the world race to reduce their environmental footprint and embrace more sustainable methods of production, finding a way to remove carbon from the metals business will be one of the most important contributions to that effort. One...

VCI Packaging Market Growth Driven by Surging Opportunities in Primary Metal Industry: Future Market Insights Market players are focusing on offering all VCI products and increase the product durability & life to decrease the impact of VCI on health. DUBAI, UAE / ACCESSWIRE / January 20, 2021 / The global VCI packaging market will expand at a CAGR of 6% over the assessment period 2019-2029. Growing demand from the primary industry due to escalating e-commerce, shipping, and consumer electronics sales is poised to spur the demand for VCI packaging. Although, the market witnessed a slump in demand on the onset...

Profiteering or Profitability? What domestic steel industry wants from price hike A variety of responses and feedback from end-using sectors, policy planners, industry associations are filling up the pages. Steel production through BF-BOF route uses iron ore of 1.65 tonne and coking coal of around 750 kg per tonne of steel. Steel pricing continues to occupy a centrepiece in the media for the last few weeks. A variety of responses and feedback from end-using sectors, policy planners, industry associations are filling up the pages. It is difficult to take a dispassionate view on the issue from the producers’ or users’ points...

ITAC introduces changes to steel industry prices In an effort to improve access to affordable scrap metal for the domestic steel and other metal producing industry, the International Trade Administration Commission (ITAC) has introduced changes to the Price Preference System (PPS). Image source: www.pexels.com This comes after the commission finalised an initial investigation into the supply of scrap metal as an input to the domestic steel producing industry.In a statement on Monday, 5 October, the commission, which is an agency of the Department of Trade and Industry (dtic), said the PPS was first introduced in 2013 to promote the affordable supply...

DoD awards Desktop Metal $2.45 million for high-volume AM of cobalt-free hard metals   Desktop Metal’s Production System with Single Pass Jetting will be used to mass manufacture complex-shaped Co-free hard metal parts as part of the project (Courtesy Desktop Metal) Desktop Metal, Burlington, Massachusetts, USA, has been awarded Phase I of a three-year $2.45 million project by the US Department of Defense (DoD) to develop an Additive Manufacturing process that is capable of mass-producing cobalt-free hard metals, developed by the US Army.  The company’s Production System™ with Single Pass Jetting (SPJ™), a proprietary binder jet Additive Manufacturing technology developed by...