Eighteen months into existence, ArcelorMittal Nippon Steel India (AM/NS India) reports a strong resurgence in its fortunes, booking more than $1 billion in profits amidst rising demand in the first six months of 2021. Backed by the deep pockets and persistence of ArcelorMittal […]
Metglas has commercially launched its ultra-low core loss electrical steel for use in high-efficiency distribution transformers. Development of the alloy was announced early last year by parent company Hitachi Metals and initial samples were provided to […]
As Hitachi Metals plugs its flow of red ink with a 46% jump in business, a consortium led by global private equity firm Bain Capital is preparing to acquire it for about $7.5 billion. They […]
Marking an important step in the creation of a new United States-to-Europe rare earth supply chain, the first container of mixed rare earth carbonate produced by Energy Fuels at its White Mesa Mill in Utah is en route to Neo Performance Material’s rare earth separations facility in Estonia. Additional shipments of the carbonate are expected to follow as Energy Fuels continues to process more of the natural monazite sand ore, mined in the American state of Georgia by Chemours, for both the rare earth elements and naturally occurring uranium that it contains. […]
Carpenter Technology, producer of an extensive portfolio of soft magnetic alloys, is continuing to build its expertise in the mass production of stator and rotor stacks, while also fostering future innovation in electrification manufacturing. It […]
The soft magnetic materials market is expected to grow 4.2% annually to $34.6 billion in 2026 from $25.9 billion in 2019, according to a new market report. The transformers segment of the market has particularly strong potential, […]
The team of Walt Benecki, Steve Constantinides, Dr. John Ormerod and Dr. Stan Trout have been writing a comprehensive study regarding the major commercial permanent magnet materials. Data includes quantities produced along with technical aspects of the global permanent magnet industry and production forecasts for the next 10 years. […]
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