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Top 3 Drivers in Atmospheric Heat Treatment Equipment Market | Technavio

Market research analysts forecast the global atmospheric heat treatment equipment market to grow at a CAGR of more than 5% during the forecast period, according to their latest report. The report has further segmented the global atmospheric heat treatment equipment market on the basis of end-users (aerospace, automotive, heavy equipment, and others) and geography (APAC, the Americas,
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U.S. steel production grows by 8.6 percent

Steel production in the United States surged by 8.6 percent year-over-year in September, according to the World Steel Association. The trade association reported that steel output rose by 5.6 percent internationally in September, as compared to September 2016. The 66 steel-producing countries the World Steel Association tracks cranked out 141.4 million tons of steel, nearly
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Ford Quarterly Profit Improves on Truck Sales

Ford Motor Co. reported a higher third-quarter profit, paced by truck sales. Ford (Dearborn, MI), posted a quarterly profit of $1.56 billion, or 39 cents a share, up from $957 million, or 24 cents, a year earlier. Quarterly revenue rose to $33.6 billion from $33.3 billion in 2016’s third quarter. The automaker said its F-Series pickups recorded
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Ford Quarterly Profit Improves on Truck Sales

Ford Motor Co. reported a higher third-quarter profit, paced by truck sales. Ford (Dearborn, MI), posted a quarterly profit of $1.56 billion, or 39 cents a share, up from $957 million, or 24 cents, a year earlier. Quarterly revenue rose to $33.6 billion from $33.3 billion in 2016’s third quarter. The automaker said its F-Series pickups recorded
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U.S. seeks to include steel, aluminum in NAFTA autos rules

Washington – The Trump administration is seeking to use NAFTA to boost the U.S. steel and other basic materials industries by proposing stricter automotive content rules that require the use of North American-made steel, aluminum, copper and plastic resins. Three people who were briefed on the matter said that the U.S. rules of origin proposal
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General Motors shares gain a third straight session on Wednesday, auto maker to rehire 500 workers in Michigan poised to be laid off in May

According to a March 15th statement by General Motors Company (GM), 500 assembly plant workers in Michigan, who are expected to be laid off this May, will be rehired in 2018 due to sound demand for larger vehicles. Last week it was announced that 1 100 workers at the auto maker’s Lansing Delta Township plant
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Ford spending $1.2bn at Michigan factories

Ford said it was spending US$1.2bn on Michigan factories to build new trucks and SUVs and expand as a mobility company. The automaker will allocate $850m to its Michigan Assembly Plant to retool to build the revived Ranger small truck and Bronco SUV. Ranger assembly starts at the end of 2018 and Bronco follows in
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South stands in way of Rust Belt jobs revival

In the years since the 2008 financial crisis, this southern U.S. port city has attracted a new Airbus factory, seen its steel industry retool, and gained thousands of jobs building the Navy’s new combat vessel. Some 300 miles north in Huntsville, new businesses sprout in farm fields drawn by readily available land, low taxes, flexible
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Paducah automotive supplier plans $3.3 million expansion with 50 new jobs

UACJ Automotive Whitehall Industries, Inc. plans to expand its Paducah presence with a $3.3 million investment expected to bring an additional 50 jobs. The project includes a 56,000-square-foot expansion of the company’s 100,000-square-foot facility at 5600 Commerce Drive, which will include machining centers, robotics and additional fabrication equipment. The expansion is expected to create 50
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General info on Hot and Cold Rolled Steel