This Morning in Metals: Kobe Steel Rival Gets Orders From Kobe Customers

stockquest/Adobe Stock

This morning in metals news, a rival of Kobe Steel has taken orders from Kobe customers, a Chinese metals magnate grapples with governmental control and 3D printing can strengthen stainless steel.
Benchmark Your Current Metal Price by Grade, Shape and Alloy: See How it Stacks Up
UACJ Snaps Up Kobe Orders
Japanese aluminum fabricator UACJ Corp — a rival of Kobe Steel, currently suffering the fallout of its quality data falsification scandal — has come out a winner where Kobe has lost.
According to Reuters, UACJ has picked up orders from customers of Kobe. Mitsuru Okada, president of UACJ, said the company has received orders to replace Kobe products that were sold to  manufacturers of cars, planes, trains and more.

Hongqiao Chairman Faces Tightening State Control

Zhang Shiping, chairman of the world’s largest aluminum producer (China Hongqiao), may be faced with increasing state control of business going forward.
A Bloomberg report Wednesday outlines some of the challenges Shiping and his firm face.

Strengthening Stainless

According to a report in Science magazine, 3D printing can double the strength of stainless steel.
Free Sample Report: Our Annual Metal Buying Outlook
The development could have far-reaching implications — namely, a way to print tough and flexible stainless steel and, moreover, faster and cheaper production of things like rocket engines or parts for nuclear reactors and oil rigs, according to the report.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top