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Read more »Precision Castparts acquires Hackney Ladish (AP)
Metal-component maker Precision Castparts Corp. said Monday it agreed to acquire Hackney Ladish Inc., a producer of forged pipe fittings, in an effort to expand its reach in the oil and gas industry.
Read more »Software leverages weld controller monitoring capabilities.
WeldWorks Software Suite(TM) v1.5 offers integrated statistical functions to create grouped and non-grouped box-plots for visual interpretation of weld data. Manufacturers can upload variable test data directly into WeldWorks database, allowing them to correlate production weld data with either destructive or non-destructive data. Web-based weld management software suite can also leverage modern weld controllers to capture complete picture of resistance weld process.
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Electrodes are suited for food/chemical/petroleum plants.
Arcos 308H Series stainless steel electrodes feature restricted carbon content of 0.04-0.08%, offer smooth arc transfer with little spatter, and are suited for welding similar alloys in wrought or cast form and similar materials such as AISI grades 301, 302, 304 and 305. Bare wire version (ER308H) is available in diameters from .035-3/16. Covered version (E308H) has added advantage of providing easy slag removal and is available in diameters from 3/32-3/16 in.
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HRB prices plummet 34 percent to 48 percent from peak
The SteelBenchmarker world export HRB price for Nov. 10 dropped 10.3 percent to $630 per ton, FOB the port of export, for the seventh consecutive decline. The U.S. HRB spot price dropped 9.9 percent to $798 per metric ton, FOB the mill, for the seventh consecutive decline. The western European HRB price dropped 8.9 percent to $776 per ton, ex-works, for the eighth consecutive drop (on a Euro basis, it dropped 10.9 percent). The Chinese HRB ex-works price dropped 7.4 percent to $378... Read more
Read more »Weld Backing Tape suits currents up to 240 A.
Complementing existing 80 and 160 A versions, Heavy-Duty Backing Tape is based on 25 mm wide band of woven glass fiber cloth fixed in center of 75 mm wide aluminum strip with self-adhesive reverse side. Tape comes complete with instruction manual showing how to apply and use, and tips about successful weld backing and weld purging.
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Matthews International expects 2009 profit growth (AP)
Matthews International Corp., which makes memorial plaques, caskets and other products for the funeral industry, predicted fiscal 2009 adjusted profit growth of just 5 percent to 10 percent, given the current economic weakness.
Read more »Matthews International's 4Q earnings gain slightly (AP)
Matthews International Corp., which makes memorial plaques, caskets and other products for the funeral industry, said its fiscal fourth-quarter earnings gained only slightly as volatile commodity costs took a toll on results.
Read more »Outlook roundup: Fuqi, Matthews (AP)
Fuqi International Inc. on Friday raised its 2008 earnings and revenue outlook after the Chinese jewelry maker posted a sharply higher third-quarter profit that topped Wall Street expectations.
Read more »Matthews International Announces Earnings for Fiscal 2008 (PR Newswire)
Matthews International Corporation today announced financial results for the fourth quarter and fiscal year ended September 30, 2008.
Read more »US Steel lays off 675 workers in US, Canada (AP)
United States Steel Corp. has laid off about 3 percent of its production workers in North America as a global economic slowdown cuts into demand for steel used in construction, autos and appliances.
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