I learned two things from a quick recent conversation with Alexander Wilson of Mittal Steel and bridge steel maven:
New high-performance steels designed for bridge applications are now being qualified for other applications—pressure vessels used in nuclear power plants and platforms used in offshore oil drilling. The new steel provides up to 18% cost savings and 28% weight savings.
Some stability is expected in pricing this year. Costs for materials used in the two primary production streams (electric furnace and integrated mill) are stable. Look for modest increases and stable availability.
At the JEC Europe 2015 composites show in Paris last month, makers of composite materials, software, and process equipment showed off their latest innovations. This year's show saw some announcements related to automotive applications, but many of the improvements came in the world of aerospace.
The DuPont-sponsored Plastics Industry Trends survey shows engineers want improved performance in a broad range of plastics and better recycling technology. These concerns top even processing enhancements that improve productivity.
Plastics leader SABIC recently announced a global initiative to help its customers take advantage of additive manufacturing (AM) and also advance 3D printing (3DP) technologies in several application areas. The company's plans go way beyond materials, and also include design, processing, and part performance.
A theme that was reflected in several ways at NPE 2015 was the use of 3D printing to assist in, or improve on, injection molding, as well as improvements in 3D printing materials and processes that are making better functional prototypes and end-use parts.
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