What is Happening in the World of Stainless Steel

29 August 2019

 

 


WHAT IS HAPPENING IN THE WORLD OF STAINLESS
 

Nickel at LME Eases from 16 Month PEAK

Reuters reported that London nickel prices eased on Friday, slipping from a 16 month high struck in the previous session, after Indonesia’s nickel miners association said it had urged the government not to bring forward a ban on mineral ore exports.

(Steelguru, 13 August 2019)

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India probes alleged dumping of flat rolled products of stainless steel from 15 nations

Reuters reported that Philippines’ top exporter of high-grade nickel ore is expected to shut its mining operations soon as ore deposits at a project in the nation’s southernmost province of Tawi-Tawi are nearly depleted.

SR Languyan Mining Corp will shut “most likely” later this year, said Jaynul Ali Sambarani, head of mines and geoscience services at the Ministry of Environment and Natural Resources for the Bangsamoro Autonomous Region of Muslim Mindanao. The closure will likely reduce the Philippines’ monthly exports of nickel ore to top metals consumer China by 300,000 to 400,000 tonnes, based on estimates by the Mines and Geosciences Bureau.

(Reuters, 16 August 2019)

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Additive manufacturing promising with AF-9628 a High Strength Steel

Parts additively manufactured with AF-9628, an Air Force steel, are about 20% stronger than conventional AM alloys, in terms of ultimate tensile strength, according to research conducted by Capt. Erin Hager, an Air Force Research Laboratory employee and recent graduate of the Air Force Institute of Technology’s Aerospace Engineering Program. AF-9628 is a steel alloy developed by AFRL’s Dr Rachel Abrahams that offers high strength and toughness. The formula, nicknamed Rachel’s steel, costs less than some other high performance steel alloys including Eglin Steel and HP-9-4-20; however, it is more expensive than common grades used in conventional munitions. AF-9628 is unique since it does not contain tungsten, like Eglin Steel or cobalt, part of the formula for HP-9-4-20, which is in the Massive Ordnance Penetrator, a 30,000-pound bomb that destroys assets in well-protected facilities.

(Steelguru, 23rd August 2019)

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Lamergyre says steel alloy plant could create sustainable jobs

The promoters of a proposed stainless and alloy steels plant in the Eastern Cape believe that the greenfield development could support the creation of new jobs in the domestic mining and steel industries.

Should it be developed in line with the current concept, Lamergyre Alloy’s vertically and horizontally integrated facility could eventually have the capacity to produce up to 6.5-million tonnes a year of new stainless and alloy steels.  The concept is being proposed for establishment in Section 11 of the Coega Special Economic Zone (SEZ), in Port Elizabeth, and is one of ten projects in a pipeline of investments worth R287-billion, according to the Coega Development Corporation.

The plant’s base value is about R193.5-billion, Lamergyre treasury and financial director Wayne MacPhail tells Engineering News Online. The core project would include an energy package, bulk storage, materials handling facilities and local infrastructure contributions.

(Engineering News, 26th August 2019)