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Megacasting and More: How Honda Will Reduce the Cost of Electric Vehicles
Who needs a gigapress when a megapress will do? Honda's smaller metalworking machine is at the heart of its EV plans.Gigapresses are all the rage for automakers looking to reduce cost and complexity by replacing hundreds of parts with a... Read more
Aluminium,Wisconsin,Foundry › USA - Wisconsin Aluminum Foundry proudly celebrates 115 years of recurrent growth
Wisconsin Aluminium Foundry (WAF) opened its doors in 1909. Back then, it had only three accounts, Wisconsin Motors, Harley Davidson and Evinrude Outboard.In 2024, the still family-owned business celebrated its 115 anniversary where they are now a conglomerate of multiple... Read more
Steel,Germany › Demand for steel in Germany remains weak
According to its own estimates, the steel industry in Germany will hardly gain momentum in 2025."Demand for steel in Germany is much weaker this year than expected in April and there is still no real recovery in sight for 2025,"... Read more
Aluminum,USA › USA - Domestic Aluminum Demand Up 5.2% Through First Half of 2024
Increased Sheet & Plate Shipments Drive Solid Recovery Through MidyearAs part of its monthly Aluminum Situation report, the Aluminum Association released preliminary estimates showing demand for the aluminum industry in North America (U.S. and Canada) increased 5.2% year-over-year through the first half... Read more
USA,Economy › USA economy added a whopping 254,000 jobs last month
US job growth surged in September, blowing past expectations and providing solid reassurance for the ongoing stability of the labor market.Employers added an estimated 254,000 jobs in September, according to data released Friday by the Bureau of Labor Statistics. That’s a much higher tally than... Read more
Pig Iron,Brazil › Brazil’s pig iron exports rise significantly in Sep m-o-m
According to Brazilian customs statistics, Brazil’s pig iron exports amounted to around 308,000 tons in September, experiencing an increase of 40.7% compared to the previous month.During the period, the exports were mostly to the US, totaling around 345,000 tons. Mexico,... Read more
Pig Iron,Brasil › Brazilian pig iron exports increase in September
The Brazilian exports of pig iron have reached 380,000 mt in September up from 270,100 mt
in August.
The destinations in September were the US (345,200 mt at $440/mt), Mexico (25,000 mt at
$446/mt), Asia (4,800 mt at $533/mt), the... Read more
Steel › Steel market is experiencing the longest downturn in 20 years – Metinvest CEO
In 2025, there should be a turning point in the market and revival of consumptionThe global steel market is experiencing its longest downturn in 20 years, said Yuriy Ryzhenkov, CEO of Metinvest Group, at the Siderweb 2024 forum held on 26 September... Read more
Automotive,EV,USA › Biden's car-tech ban is a powerful new weapon against Chinese EVs
The Biden administration's proposed ban on Chinese connected-car technology could prove its strongest weapon yet to fend off an onslaught of cheap Chinese electric vehicles that has upended the global auto industry.The ban on hardware and software, announced Monday by the U.S.... Read more
USA,Foundry,Grey Iron › US Grey Cast Iron Market Remains Steady Amid Raw Material Fluctuations
The Grey Cast Iron market in the United States has shown remarkable stability in recent weeks, with prices holding steady through the second and third weeks of September. This consistency in Grey Cast Iron pricing comes against a backdrop of... Read more
