Declining sales of stainless steel kitchen appliances are triggering a freefall in nickel prices. Tags have dropped 30 per cent this year, and some traders say prices will drop another 25 per cent by the end of the year. That’s despite announcements of several mine closings: Xstrata in the Dominican Republic. BHP Billion, and Industrial Metallurgical Holding. Nickel producers are getting hit with a double whammy of lower prices and higher costs for sulfuric acid, which is used to extract nickel ores. Refrigerator sales are off 9 per cent this year and electric ovens are off 14 percent.
Ford will be the first automaker to commercially use Alcoa's tough & fast Micromill aluminum alloy process and materials, debuting on several 2016 F-150 truck components. Alcoa will also license its Micromill process and materials technology to Danieli Group.
NIST's new five-year strategic plan for its Material Measurement Laboratory lists additive manufacturing materials development as one of the main areas it will support by developing measurements, data, techniques, and models.
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