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Denmark - Iron foundry reduces natural gas consumption by 25pc using heat recovery
The Danish iron foundry, BIRN, aims to reduce its natural gas consumption by around 25 per cent by this year.The reason is the recirculation from two new heat recovery plants that utilize the excess heat from parts of BIRN’s production... Read more
Foundry › Renaissance Group Combines with Lawton
The latest expansion for Lawton Standard brings a ductile iron foundry and machining operation to the organization, which has assembled eight metalcasting plants and other capabilities since 2019.The Lawton Standard Co. has expanded its metalcasting businesses once again by incorporating... Read more
Foundry › Poland - The new Metal Expo format attracts more companies from the foundry industry!
The strength of the Targi Kielce "Industrial Autumn" lies in the direct meetings of foundry companies' representatives. 24 and 25 September at Targi Kielce will abound with opportunities to meet. Dozens of companies have confirmed their presence; the number offirms regitering to join... Read more
Iron Ore › China’s big move to cut off Australian iron ore
Beijing is spending big in order to “de-risk” itself from Australia in a move that could cripple Aussies.It’s remote. It’s inaccessible. It’s poor quality. But Beijing is determined to spend big on a Sahara Desert mine to “de-risk” itself from... Read more
iRON oRE › Here are the iron ore and lithium price forecasts through to 2027
There are two commodities that get a lot of attention from Australian investors – iron ore and lithium.Hundreds of billions of dollars are invested in companies with exposure to these metals. As a result, their prices can have a big impact on the... Read more
Pig Iron › Global pig iron production increased by 2.8% y/y in February 2024
Global pig iron production in February 2024 increased by 2.8% compared to the same month in 2023 – to 115.35 million tons. The figure increased by 2.7% compared to January. This is reported by Ukrmetalurgprom with reference to the data of the... Read more
Iron Ore › Iron ore slips on slower than expected China demand recovery
Dalian iron ore tumbles over 3.5%Singapore benchmark falls more than 4% to a one-week lowCoking coal, coke down over 3%Steel benchmarks slide on lower raw materials, tepid demandUpdates closing pricesBEIJING, March 26 (Reuters) - Iron ore futures prices fell on Tuesday, amid... Read more
Aluminum › USA - Southeast Missouri aluminum smelter curtailment poses challenges for local economy, national industry
The recent closure of the Magnitude 7 Metals aluminum smelter in the small town of Marston in southeast Missouri has created uncertainty for both the local region and the U.S. aluminum industry.The plant, formerly owned by Noranda Aluminum, first opened... Read more
Aluminum › USA - Unified Aluminum Industries Call for Creation of North American Aluminum Trade Committee
Committee would help formalize collaboration between North American industries, governmentsThe Aluminum Association, Instituto Mexicano del Aluminio and the Aluminium Association of Canada called for the creation of a North American Aluminum Trade Committee (NAATC) in a letter to trade officials in Canada,... Read more
Iron Ore › China is planning to break its dependency on Australia and Brazil for iron ore. Africa is the key
China has a number of iron ore projects in the works in Africa as part of its ‘foundation plan’ to de-risk its supply of the mineralFor now, the country relies heavily on Australia and Brazil, which supply the vast majority... Read more
