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IHS Markit sees supply crunch coming for electrical steel; potential disruptor of OEM electrification plans

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The rapid growth of the hybrid and electric vehicle segment could potentially cause demand for electrical steel to outpace supply from 2025, according to a new report by a team of analysts from the Automotive Supply Chain and Technology team at IHS Markit. Concentrated manufacturing footprint.

Supplies 243
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DOE to award up to $2M to 3 projects for hydrogen and fuel cell supply chain and manufacturing analysis

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The US Department of Energy (DOE) has selected three projects to receive up to $2 million in new funding for analysis of the hydrogen and fuel cells domestic supply chain and manufacturing competitiveness. Developing a robust supply chain to support mass production of these systems can enable the market for these technologies to grow.

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Alcoa unveils first aluminum alloy fan blade forging for jet engines; $1.1B supply agreement w/ Pratt & Whitney

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billion agreement, Alcoa will supply key parts for Pratt & Whitney’s jet engines, including the forging for the first aluminum fan blade for jet engines. The forging was developed for Pratt & Whitney’s PurePower engines using an advanced aluminum alloy and a proprietary manufacturing process. Under a new 10-year, $1.1-billion

Supplies 218
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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand

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Globally, Aleris produces a range of aluminum products for the automotive industry, including outer and inner body panels; structural parts; extrusions / profiles; and finished mechanical parts. The material can be supplied in coil, sheet or shaped blanks (such as trapezoidal and radials). Fuel Efficiency Materials Weight reduction'

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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Novolyte Technologies, a leading manufacturer and supplier of specialty electrolyte materials for lithium-ion battery and energy storage applications, high performance solvents and other specialty chemicals, has signed a definitive agreement with Foosung Co., Foosung Co., and its leaders. Novolyte received in 2009 a $20.6-million

Li-ion 186
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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

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The iconic American business supplies numerous industries, with the automotive sector being one of the largest. However, the United Steel Workers don’t seem pleased with the arrangement and were said to have backed an earlier offer from domestic rival Cleveland-Cliffs Inc. Nippon Steel is reportedly offering a deal worth $14.9

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Alcoa signs long-term agreement with Airbus for titanium and aluminum parts; modernized 50,000-ton press

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Alcoa signed a multi-year supply agreement with Airbus valued at approximately $110 million for value-add titanium and aluminum aerospace forgings. Alcoa will produce the parts using its recently modernized 50,000-ton press in Cleveland, Ohio.

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