Archive for 'Manufacturing News'
Corus Teeside closure to go ahead with 1,600 job losses
The Teesside Cast Products Plant (TCP) run by Corus, which is owned by Indian conglomerate Tata, will finally be mothballed on Friday - three weeks after the Redcar site was initially planned to shut down.
Local Labour MP Vera Baird said the rising price of steel could give the town’s major employer a future, and [...]
Posted: February 17th, 2010 under Manufacturing News, Steel, Steel International, Steel News.
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EQS release metal formability information
Free Strain Analysis and Sheet Metal Usage Optimization Information available to Download.
Engineering Quality Solutions, Inc., a technical consulting firm which counsels key personnel in materials and manufacturing companies, is providing valuable information to assist website visitors with sheet metal product application and materials utilization guidance. Visitors to www.EQSgroup.com have access to a free white paper [...]
Posted: December 7th, 2009 under Manufacturing News, Steel.
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Corus To Build Pilot Plant That Could Reduce Steel CO2 By 50%
Corus, the European unit of Tata Steel Ltd. announced Friday plans to build a new pilot plant at its Ijmuiden, Netherlands steelworks to test a new steelmaking process that could potentially reduce carbon dioxide (CO2) emissions by more than 50%, the company said Friday. The company is working in consortium with the [...]
Posted: November 29th, 2009 under Manufacturing News, Steel.
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UK manufacturing boosts hope that Britain will come out of recession - Times Online
Britain’s manufacturing sector expanded unexpectedly last month and at the fastest rate in two years as the weak pound made exports cheaper and imports more expensive, according to new data.
Barely a month after Mervyn King, the Governor of the Bank of England, said that weak sterling “will be helpful” in rebalancing Britain’s economy, the latest [...]
Posted: November 5th, 2009 under Manufacturing News, Steel.
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Salzgitter CEO warns against premature optimism
Salzgitter Chief Executive Wolfgang Leese on Tuesday cautioned against premature optimism in the steel sector, warning that markets were fragile and that a recovery in demand is unlikely to be sustained.
If things go well, demand will continue to be flat, Leese said on the sidelines of an event in Garbsen, near Hanover, Germany.
Signs of recovery [...]
Posted: October 28th, 2009 under Manufacturing News, Steel, Steel Comment, Steel International.
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MSCI News - Steel inventories inch higher in U.S. and Canada
With steel shipments from metals service centers slowly rising, inventories of the metal, in decline since early last year, rose slightly in the United States and Canada, the Metals Activity Report from the Metals Service Center Institute shows. Shipments of aluminum products also rose slightly, but inventories of the light metal continued to decline in [...]
Posted: October 19th, 2009 under Manufacturing News, Steel, Steel International, Steel News, steel strip.
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ThyssenKrupp CEO sees thousands more job cuts
Reuters report that ThyssenKrupp will shed as many as 20,000 jobs in it’s current financial year in response to the current economic slump.
Read full story at Reuters
Technorati Tags: Steel Industry,Germany,ThyssenKrupp
Posted: October 19th, 2009 under Manufacturing News, Steel, Steel International, Steel News.
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ArcelorMittal will bring 165 people back to work next week (Cleveland)
ArcelorMittal will bring 165 people back to work next week, but it will still be more than a month before the Cleveland steel plant’s blast furnace fires up and starts melting metal again.
Plant manager Terry Fedor said Wednesday that the company is still negotiating with the United Steelworkers of America Local 979 to figure [...]
Posted: August 13th, 2009 under Manufacturing News, Steel International, Steel News.
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Jaguar Land Rover secures funding
The Indian owner of Jaguar Land Rover has told the UK government it no longer needs support for the carmaker, after obtaining private funding.
Tata said it had secured some direct bank loans, as well as guarantees that would allow it access to a £340m European Investment Bank loan.
Government funding had been offered but did [...]
Posted: August 12th, 2009 under Manufacturing News.
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Vanmaker LDV faces administration
Vanmaker LDV is expected to be placed in administration by a court later, threatening up to 850 jobs and thousands more in the supply chain.
Attempts to sell Birmingham-based LDV as a going concern have failed.
Talks with one potential buyer, the Malaysian firm Weststar, broke down at the last minute last weekend, leading LDV to [...]
Posted: June 8th, 2009 under Manufacturing News.
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