RIA Novosti reported that Germany and Magna International, backed by Russia's Sberbank and GAZ reached a deal early Saturday that will see the consortium take over car maker Opel, part of US car giant GM. Magna, Canada's largest auto component maker will acquire a 20% stake in Opel with Russia state owned Sberbank and car maker GAZ, owned by billionaire Mr Oleg Deripaska taking a 35% slice making the…

Due to the slack demand for the Turkish finished products, most Turkish mills have stopped purchasing the scrap. Although the scrap price has fallen on weak demand, the current price is still not attracting the mills to resume their purchasing. The latest transaction price was quoted at USD 240 per tonne and some sources said that the current offer was on the same level. It is said that Turkish mills are…

Hinduja Foundries Limited has now announced with reference to the earlier announcements dated November 12th 2008 & December 22nd 2008 that the Tamil Nadu Electricity Board has reduced the power cut from 40% to 30% by its communication dated May 26th 2009 and May 28th 2009. In view of the above, the No of working days has been increased by 3 days for Ennore and Sriperumbudur Units.

Trade Arabia reported that a major material handling products and services show and an auto aftermarket exhibition opened simultaneously in Dubai recently. Mr Sheikh Ahmed Bin Saeed Al Maktoum president of the Dubai Civil Aviation Authority and chairman and CEO of Emirates Airline and Group inaugurated the Materials Handling Middle East 2009 and Automechanika Middle East 2009, both of which will run at the…

Currently the lack of scrap generation from industrial sources, including the auto manufacturers, has not had much of an impact on the scrap market. This is primarily because the low output has been matched by even lower demand. But that will change. The grades of scrap generated by stamping facilities are of the highest quality due to the chemistry of the steel used and the fact that the scrap itself can…

Erich Walter Heine, member of the Executive Board of ThyssenKrupp Steel AG and responsible for the major projects in Brazil and the USA, and Claus-Peter Hellhammer, an employee of ThyssenKrupp Steel in Duisburg, lost their lives on Monday when an Air France aircraft crashed over the Atlantic. We mourn the loss of our employees and extend our deepest sympathies to their families. Erich Heine, born in South…

According to Japan Die Casting Association's latest outlook report, Japan's die cast aluminium products output over April 2009 to March 2010 is expected to fall by 25.8% YoY. The association conducted a survey on the 2009-2010 outlook among 193 die casters in the country and forecast that production would fall by 25.8% YoY to 662,350 tonnes. In the first half of the year, output is estimated to fall by…

Die IAI-Gruppe versteht sich als Automationsmodernisierer. Neben unseren bis 6 Achsen ansteuerbaren Kleinrobotern bieten wir mit unseren elektrischen Komplett-Linearsystemen eine Alternative zu den energieintensiven Pneumatik-Zylindern.<//font> Die IAI Industrieroboter GmbH ist die deutsche Vertriebs-, Marketingund Service-Tochter der japanischen IAI Corporation. Als Europa-Zentrale in Schwalbach bei…

Industrieroboter von der Stange bieten Gießern oft keine spezifische Unterstützung beim Programmieren und Bedienen, keine speziellen Hilfen beim Gießvorgang und keine Schnittstellen für die notwendige Sicherheitstechnik. Praxiserprobte Softwaremodule vereinfachen die Bedienung und Programmierung von Robotern, bieten höhere Sicherheit, unterstützen den Gießprozess und sorgen für eine bessere Teilequalität…

Both units provide variable speed and 360˚ of uniform radial compliance to accommodate part and path variations without requiring changes in robot orientation. The designed-in flexibility allows you to use one tool for a variety of materials and burs - saving you money and programming time. Each unit comes with a unique Mounting Saddle that is easily adjustable in your choice of 5 mounting angles and…