JSW Steel is said to have skipped submitting a resolution plan for Essar Steel Tata Steel and the Ruias themselves have put in bids for debt-laden Essar Steel after the company was put up for sale under the Insolvency and Bankruptcy Code (IBC). Sajjan Jindal-led JSW Steel, aggressive in bidding for Monnet Ispat’s and Bhushan Steel’s businesses, is said to have skipped submitting a resolution plan for Essar…

"The continuation agreements with the customers give both parties important planning security," emphasised Danko. "We are fully financed for the next five months and can continue to press ahead with the restructuring and search for investors during this time," said Danko. The agreements are valid until 31 July and include the option to extend them. The refinancing of the wages and salaries of around 120…

Finishing Technology International has been contracted by ThyssenKrupp Waupaca to supply an inspection system for the vertical molding line at the ferrous foundry group's Tell City, IN, plant. The patented Inspectomation vision system will be installed at the chamber of the molding machine to check for mold and sand defects and, if necessary, to take real-time decisions on pouring. It will be the first such…

…because it is easier to fall asleep, if the quality requirements of the foundry’s customer are ensured by automated and reliable inspection systems. Inspectomation , the leading foundry inspection system supplier and Euro-Equip, the Spanish experts for foundry technology started their cooperation and joined their experiences to disclose the great potentials of automated quality control systems to the…

As is so often the case, it is the interplay of innovative and creative forces that ultimately gives rise to the approach to further develop a technology. SCANIA and GEMCO Engineers teams have inspired SAVELLI to develop a state of the art horizontal flask molding line which is really innovative and for this reason SAVELLI was thankful to them. As Francesco Savelli, the head of the company, explains the…

The Foundry industry is currently facing several challenges: that includes steadily growing customer requirements and increasing complexity of modern cast components due to light-weighting. At the same time, rising energy costs and shortage of raw materials are putting enormous pressure on the foundries. Hence, more than ever before, foundry engineers not only have to ensure effective and cost-effective…

German traditional foundry with high automation potential The traditional German foundry Schmiedeberger Gießerei has a remarkable company history. Cast products have been manufactured in Dippoldiswalde for over 600 years. With a wide range of approx. 3500 "living models" in the range from 50 g to 400 kg, Schmiedeberger Gießerei supplies well-known customers from the mobile hydraulics, mechanical engineering…

The first foundry graduates in the UK for 20 years have been honoured in a move described by skills body Semta as a major development in the resurgence of UK industry. Will Garret and Chris Jay of Union Electric Steel in Gateshead and Carl Barker of Skipton-based Brooksbank Valves are the first students to graduate from the new Foundation Degree in Casting. The Institute of Cast Metal Engineers joined…