Stainless steel accounts for 70% of nickel consumption
The stainless steel sector still accounts for 70% of primary nickel consumption. Given that consumers of electric vehicles and other clean energy technologies are for the most part inherently conscious of the environmental impact of their purchase, many producers and prospective producers of nickel, destined for these markets, are aiming to improve their carbon footprints.
IGO and Western Areas considers further consolidation
Talks between Australia's two largest independent nickel sulfide producers could lead to further consolidation in a sector that is benefitting from renewed project investment in a higher-price environment.
Shanghai nickel prices hit record high on strong demand
Prices of nickel on the Shanghai Futures Exchange leaped to their highest on record recently, supported by solid demand and low inventories across the world.
Ryerson acquires Specialty Metals Processing
Ryerson Holding Corporation announced that it has acquired Specialty Metals Processing (SMP), a toll processor located in Stow, Ohio.
GPF issues carbon-neutral nickel ETC
The Global Palladium Fund (GPF) has issued the world's only physically-backed carbon-neutral nickel Exchange Traded Commodity (ETC). Targeting institutional investors, it has a Total Expense Ratio of 0.75%. The minimum investment is USD 100,000 and daily valuations are available on the Vienna Stock Exchange.
H2O Innovation’s Piedmont provide antiscalant to SWRO
H2O Innovation Inc. (H2O Innovation) announced that its specialty chemical business line has been selected to provide antiscalant to the world’s largest seawater reverse osmosis (SWRO) desalination plant.
Eduardo Gomes joins MST as Managing Director
Eduardo Gomes joins Salzgitter Mannesmann Stainless Tubes USA, Houston as Managing Director. With more than 20 years of experience in specialist metals, Eduardo brings to the US Houston team extensive knowledge and experience of the stainless and nickel alloy tube & pipe markets.
ExpaniteHard-Ti replaces DLC Coatings
Expanite replaces or supplements the widespread DLC coatings with its technology. Diamond-like carbon or DLC coatings are currently used in many areas where excellent friction properties and good wear resistance are required on component surfaces.
Sandvik & BEAMIT launch Osprey 2507 super-duplex powder
Sandvik and BEAMIT Group (of which Sandvik owns a 30% stake) have introduced the Osprey 2507 super-duplex stainless-steel to the additive manufacturing market, having leaned on its extensive experience in developing similar materials for traditional manufacturing technologies.
Evolution of O2-based inclusions in an additively manufactured super-duplex
A recent study has shown that super-duplex stainless steel powder feedstocks specified for use in directed energy deposition additive manufacturing processes can have an oxygen composition nearly five times higher than that present in comparable wrought forms.