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Archive for May 18th, 2006

Simulation to reduce press shop set up times

Corus has developed a new and unique technology called In-Form that applies the latest computer aided engineering (CAE) simulation techniques to help optimise the set-up of automotive press shop processes. Following extensive trials, In-Form has demonstrated that it can help vehicle makers improve manufacturability and quality of complex stamped body panels thereby significantly reducing press [...]

Mittal launches Arcelor takeover bid.

BRUSSELS, Belgium (AP) — Mittal Steel has launched its hostile takeover offer for rival Arcelor, giving Arcelor shareholders the chance to determine its future after a months-long war of words between the steel makers.
Mittal, the world’s largest steel group by volume, is offering about 18 billion euros ($23.2 billion) of cash and its own shares [...]