Mincon Acquires Tungsten Carbide Manufacturer Marshalls

Irish engineering group Mincon Group has acquired tungsten carbide manufacturer Marshalls Hard Metals Limited for an undisclosed cash sum. Under the deal, the business and assets of Marshalls have transferred to a new company, Marshalls Carbide Limited. The business recorded revenues of around £4.25 million in the 12 months to the end of December 2014. Mincon accounted for about 20 per cent of the company’s sales last year.

The Irish group, which specialises in the design, manufacture, sale and servicing of rock drilling tools and associated products, said Marshalls would continue to trade from the same premises and there would be “minimal disruption”. Marshalls currently employs 46 people.




Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten continuous decline in the market price, the manufacturers very price conscious of

Tungsten market: tungsten prices after the first two weeks of continuous decline slightly for two days and gradually stabilized, smelters home very price conscious of tungsten small businesses operating enthusiasm, many market participants wait wait guided introduction of more specific operations, expected today tungsten or mainstream maintenance of stability, individual manufacturers offer high tungsten small drop.
 
Molybdenum market: molybdenum revenue reserves this year than last year to shrink slightly, so the market is limited by its boost, on the market there are real hard drive. Molybdenum concentrate and ferromolybdenum have increasingly low price signs, bearish market sentiment, short-term market steady weakening is expected to run.

Read more: Tungsten continuous decline in the market price, the manufacturers very price conscious of

Carbide cutting tool materials in the automotive or maintain steady growth

In recent years, automotive tool in the "efficient" in particular is made considerable progress, compared with the original, the processing efficiency is improved by more than 25%. In terms of tool materials, carbide will maintain steady growth, further reduce the market share of high-speed steel, and super-hard materials will change with the workpiece material, and increased, but the growth rate will not be too large, occupying mainstream position for a long period of time is still the carbide.

Rising automobile manufacturing program, improve cycle times, led to the tool manufacturing industry to accelerate the development of new technologies, tools from consumables converted into high value, high-tech products. Progress tool material, tool coating, tool construction, tool cutting parameters obtained, belong to the crystallization of modern technology. Development of new tool materials, wear-resistant coating, tool structure and digital manufacturing technology and other areas, have been used in actual production.

It should be said the car cover mold machining tool has a lot of changes over the past decade, one variety, on the scale of any tool manufacturers are based on different needs of customers were refined, and as far as possible to provide more options , different processing environments have more choices for; the second is the quality of a lot of progress, which is particularly reflected in the life and precision tools; the third is the tool prices are rising.

Currently, more and more vehicles, especially cars join our ordinary family, with domestic and foreign automobile manufacturers increasingly fast car production base set up and transferred to China, the tool in the automotive powertrain applications, the more and more common. Its own characteristics and future developments are increasingly being concerned in the industry. As tends to be lightweight powertrain manufacturing, structural simplicity, high performance, powertrain manufacturing technologies and processes have undergone great changes, high-speed, efficient and flexible manufacturing process is the main feature of the current, which is consistent with the modern automobile industry more variety, small batch production requirements. As a powertrain manufacturing technology in a very critical part, and now the mainstream automotive powertrain features of the tool are increasingly reflects the modern auto industry production requirements, specific performance: up points from the powertrain requirements, high quality, high stability, high efficiency; technically divided, high-speed, complex, specialized, standardized, multi-species, heavy haul. The tool is toward the automotive industry tool integration, environmental protection tool, tool management outsourcing future development of advanced models.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten prices declined slightly in recent days gradually stabilized

Tungsten prices after the first two weeks of continuous decline slightly for two days and gradually stabilized, smelters home very price conscious of, many market participants wait wait guided introduction of more specific operations, is expected today or tungsten mainstream maintenance of stability.

Macro, Beijing, Tianjin and the joint development plan or issued, the overall position is eligible three consensus; MIIT: iron and steel enterprises is compressed to 300 within three years; Chinese economic pressure, European manufacturing growth.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Tungsten Market demand is low, prices stable slightly weaker

Tungsten market: tungsten market's recent sluggish demand, APT, tungsten, iron, tungsten carbide and other smelters are sluggish sales at home, some manufacturers have discontinued, some continued to offer, but slightly weaker prices stable, and market participants in April Tungsten Market not reporting expectations, the possibility that a small upward. Tungsten foreign market transactions or little, it is learned that although foreign demand in general, but little change until May, after the abolition of tariffs on foreign demand guess there will not be much change, plus the same time there is a policy resource tax reform, may be offset some positive effect, and thus presumably in May likely demand will rise.

Read more: Tungsten Market demand is low, prices stable slightly weaker

 

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