Molybdenum exceeded demand Q3 2014
The International Molybdenum Association (IMOA) has reported that the molybdenum supply surplus grew in the third quarter (Q3) of 2014 with production exceeding consumption by approximately 14 million lb.
Global production of molybdenum increased to 150.3 million lb in Q3, which is up five percent from 142.9 million lb in the previous quarter, and up 11 percent year on year. Ryan Herco Flow Solutions acquires GFI Stainless
The specialty distributor of flow solutions for mission critical fluids, Ryan Herco Flow Solutions, has completed the acquisition of GFI Stainless, which is headquartered in Modesto, California.
Chuck Moyer, CEO of Ryan Herco, has stated, "The combination of GFI Stainless and Ryan Herco Flow Solutions represents a major product line expansion for both companies in California, bringing a greatly expanded value proposition to both customers and suppliers.
Chuck Moyer, CEO of Ryan Herco, has stated, "The combination of GFI Stainless and Ryan Herco Flow Solutions represents a major product line expansion for both companies in California, bringing a greatly expanded value proposition to both customers and suppliers.
Subsea pipe installation
Today’s subsea oil and gas pipelines demand corrosion resistant materials due to the highly corrosive substances they carry everyday. Because of this, corrosion resistant alloy (CRA) pipes (including 316L, 904L, 825 or 625) metallurgically bonded clad pipes and mechanically lined pipes have been developed and regularly used in the offshore and subsea industries.
Bonney Forge ahead of new ASTM requirements
Bonney Forge Corporation, international manufacturer of industrial forged steel valves, cast steel valves, forged steel fittings, unions and branch connections, is years ahead of the phosphate-coating requirements the ASTM recently issued in its updated 2014 version of A961.
Aerospace industry raising demand for nickel
RNCOS has reported that the commercial aerospace sector will continue to be a very large consumer of nickel-based super-alloys over the next two decades.
The global demand for nickel is primarily driven by the rising production of stainless steel in emerging economies.
The global demand for nickel is primarily driven by the rising production of stainless steel in emerging economies.