Despite projected minimal declines in demand, US production of potash is set to expand to more than double the production levels seen in 2017 over the next five years as US firms expand. This development is timely, as the US government recently listed potash as crucial to economic and national security.
June 20, 2018In the US, steel is primarily produced in either basic oxygen furnaces (BOFs) or electric arc furnaces (EAFs). Of the approximately 80 million metric tons of raw steel produced in the US in 2016, 67% of it was created in EAFs...
April 3, 2017Roy Amara once said, “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run”. In the machine tool market, additive manufacturing promises to be revolutionary, enabling the production of parts that would be nigh-impossible to create with conventional machine tools. How is additive manufacturing going to impact the types of parts and profitability of machine shops in the future?
February 22, 2019A mega-merger between two refractories market leaders has major implications for the rest of the industry. Find out who stands to win - and lose - the most from this deal.
March 1, 2018While the shortage of microchips for automobiles may be one of the most visible examples of supply chain issues limiting the ability of manufacturers to ramp up output, it's not the only one. The Biden administration has ordered a review of all supply chains critical to the US economy in an effort to identify weaknesses and work to remove them going forward.
March 8, 2021A healthy outlook for heavy industries worldwide will support the nearly $45 billion global refractory market.
March 17, 2020The continuing shift in the economy toward online shopping and home delivery is driving the construction of new warehousing spaces, and benefiting a number of material suppliers in the process.
March 18, 2021A shortage in aluminum cans continues as a variety of factors contribute to the shortage.
February 26, 2021